Peoples State Bank (St Joseph, MI)

Episode Information

Episode UID
74023471581
Episode Type
Suspension → Reopening
Bank Type
state
Bank ID
7402347 routing
Routing Number
74-0234
Start Date
September 1, 1931*
Location
St Joseph, Michigan (42.110, -86.480)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
2a13ab93d931edb0

Response Measures

None

Description

Closure referenced only as late last September; cause of initial closing not specified in these articles.

Events (3)
1. September 1, 1931* Suspension
Cause Details
Articles state the bank closed its doors late last September but give no specific cause or government action.
Newspaper Excerpt
the city's only financial institution closed its doors late last September.
Source
newspapers
2. January 9, 1932 Reopening
Newspaper Excerpt
The Peoples State bank of St. Joseph was formally opened for business this morning amid the blare of trumpets... Opening of the new bank brought to an end the bankless days that have existed here since the city's only financial institution closed its doors late last September.
Source
newspapers
3. January 10, 1932 Other
Newspaper Excerpt
More hundreds persons were during trying to get into bank ... gathered to deposit their money ... were pushing in and attempt get Several passed in
Source
newspapers

Newspaper Articles (2)
1. January 9, 1932 The Herald-Press Saint Joseph, MI

Article Text

BAND PLAYS AND FOLKS CHEER AS BANK IS OPENED Therese Briggs Unlocks Door in Capacity of "Miss St. Joseph" DEPOSITORS IN LINE Money Known To Have Been Hidden Shows Up In First-Deposits The Peoples State bank of St. Joseph was formally opened for business this morning amid the blare of trumpets heralding an epic day in the city's history, and the huzzas of hundreds of persons who invaded the business district to participate in the brief ceremonies arranged in connection with the event. Opening of the new bank brought to an end the bankless days that have existed here since the city's only financial institution closed its doors late last September. Opening of the Peoples State likewise provided the twin cities with a

2. January 10, 1932 The South Bend Tribune South Bend, IN

Article Text

to Drive Then to Bank Money Special ST. JOSEPH, Mich. Jan. and ran wasn't run the who tried to order. disperse riotous throng front plained the new Peoples' State bank here to-day More hundreds persons were during trying to get into bank to were posit their money being with- had bank since when St. them Joseph's institutions closed. The South new bank opened o'clock this Miss and long before that gathered to deposit their By the time the cials. were pushing in an and attempt get Several passed in They jumped from the automobile to assist St. Joseph police, stationed there keep mistake quickly the state police left and restored. than was deposited the day. Many the bills tightly wadded and officials great difficulty checking Julius Reinking, of Bend, the cashier. Theresa Briggs, 1931 St. queen in the festival formally opened the in the presence city Miss Briggs an automopreceding 500 marchers, was the opening.