Cloverland State Bank (Marshfield, WI)

Episode Information

Episode UID
79017071596
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7901707 routing
Routing Number
79-0170
Start Date
December 29, 1932
Location
Marshfield, Wisconsin (44.669, -90.172)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
03069d32b456b008

Response Measures

None

Events (2)
1. December 29, 1932 Receivership
Newspaper Excerpt
Orley K. Ripplinger arrived here today to temporarily take over the affairs of the Cloverland State bank as receiver of the trust.
Source
newspapers
2. December 29, 1932 Suspension
Cause
Government Action
Cause Details
State Banking Department directed appointment of a receiver and took control of the bank's affairs.
Newspaper Excerpt
Orley K. Ripplinger arrived here today to temporarily take over the affairs of the Cloverland State bank as receiver of the trust.
Source
newspapers

Newspaper Articles (2)
1. December 29, 1932 Marshfield News-Herald Marshfield, WI

Article Text

Orley K. Ripplinger Arrives Here Today to Conduct Bank's Affairs Orley K. Ripplinger arrived here today to temporarily take over the affairs of the Cloverland State bank as receiver of the trust. Mr. Ripplinger has been at Pittsville since October as receiver of the bank there. Whether he will continue to have charge of both banks or remain in Marshfield has not been determined. W. D. Rathke, who conducted an examination of the affairs of the Cloverland bank, left the city yesterday. Mr. Ripplinger has been connected with the state banking department of Wisconsin for several years. His home is in Neillsville. If the banking department directs him to remain in charge of the Cloverland bank he expects to establish a residence in Marshfield and will be joined here by Mrs. Ripplinger, who now is living at Pittsville.

2. December 29, 1932 Marshfield News-Herald Marshfield, WI

Article Text

Orley K. Ripplinger arrived here today to temporarily take over the affairs of the Cloverland State bank as receiver of the trust. Mr. Ripplinger has been at Pittsville since October as receiver of the bank there. Whether he will continue to have charge of both banks or remain in Marshfield has not been determined. W. D. Rathke, who conducted an examination of the affairs of the Cloverland bank, left the city yesterday. Mr. Ripplinger has been connected with the state banking department of Wisconsin for several years. His home is in Neillsville. If the banking department directs him to remain in charge of the Cloverland bank he expects to establish a residence in Marshfield and will be joined here by Mrs. Ripplinger, who now is living at Pittsville.