Farmers State Bank (Brandon, IA)

Episode Information

Episode UID
72121771604
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7212177 routing
Routing Number
72-1217
Start Date
August 28, 1933
Location
Brandon, Iowa (42.314, -92.002)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
a06184c144c39695

Response Measures

None

Description

Articles show the bank in receivership and receiver disposing of assets; no articles here document a prior run or reopening.

Events (3)
1. August 28, 1933 Receivership
Newspaper Excerpt
authorized the receiver in charge of the Farmers' State bank, of Brandon, to accept $500 cash ... the receiver stated in his application for the order
Source
newspapers
2. March 12, 1934 Other
Newspaper Excerpt
receiver in charge of the Farmers' State bank of Brandon has petitioned the district court here for authority to sell the property owned by the bank
Source
newspapers
3. * Suspension
Cause
Government Action
Cause Details
Bank placed in receivership by state authorities (receiver handling assets and sales)
Newspaper Excerpt
receiver in charge of the Farmers' State bank
Source
newspapers

Newspaper Articles (2)
1. August 28, 1933 The Courier Waterloo, IA

Article Text

Judge Authorizes Bank Receiver to Compromise Claim Special Service) Independence, Ia.-Judge R. W. Hasner. of the district court, on petition filed by the state bank examiner. on Saturday. authorized the receiver in charge of the Farmers' State bank. of Brandon. to accept $500 cash from A. I. Gates, Brandon This is compromise settlement with the bank for an unsecured note for $1,620 and $256.92 interest. The receiver stated in his application for the order that the settlement would be for the best interests of all parties interested in the bank and should be accepted.

2. March 12, 1934 The Courier Waterloo, IA

Article Text

Brandon Bank's Receiver Has Bid on Business Bldg. (Courier Special Service) Independence receiver in charge of the Farmers' State bank of Brandon has petitioned the district court here for authority to seli the property owned by the bank in the town of Brandon, known the south bank building. The petition stated that the receiver has been offered $1,000 in cash for the buildthe purchaser to pay the 1933 taxes amounting to $150. and said offer is the best one he has been able to obtain and that it should be accepted. The court fixed March 31 as the day for a hearing on the petition.