State Savings Bank (Essexville, MI)

Episode Information

Episode UID
74090671600
Episode Type
Suspension → Closure
Bank Type
savings
Bank ID
7409067 routing
Routing Number
74-0906
Start Date
April 17, 1933
Location
Essexville, Michigan (43.615, -83.842)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
92c4c9acb3269f08

Response Measures

None

Description

Conservator appointed in 1933; bank placed in liquidation with receiver in 1934 under state banking authority.

Events (2)
1. April 17, 1933 Suspension
Cause
Government Action
Cause Details
State banking commissioner appointed a conservator following governor's advisory banking commission meeting.
Newspaper Excerpt
appointment of Leo Navarre conservator for the State Savings bank Essexville
Source
newspapers
2. March 29, 1934 Receivership
Newspaper Excerpt
announcement of the appointment of the Bay Trust company as receiver for liquidation of the State Savings Bank of Essexville was made today by Paul Thompson, trust company vice president
Source
newspapers

Newspaper Articles (2)
1. April 17, 1933 Marshall Evening Chronicle Marshall, MI

Article Text

April pointment of Leo Navarre servator for the State Savings bank Essexville by Reichert, state banking comfollowing today's meeting of the governor's advisory banking commission. Reichert also announced substitution of Wm. Amerman conservator of the Peoples State bank, New Boston, succeeding Frank H. Clark.

2. March 29, 1934 The Flint Journal Flint, MI

Article Text

RECEIVER IS NAMED Bay City, March 29.—(By AP)—Announcement of the appointment of the Bay Trust company as receiver for liquidation of the State Savings Bank of Essexville was made today by Paul Thompson, trust company vice president. Appointment was made under the new banking law by the state banking superintendent.