11305. Peoples State Bank (Anselmo, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 1, 1922*
Location
Anselmo, Nebraska (41.619, -99.865)

Metadata

Model
gpt-5-mini
Short Digest
c6e2e076dc2f17e1

Response Measures

None

Description

Articles describe the Peoples State Bank of Anselmo as a failed bank with a receiver disposing of assets (sale ordered Sept 12, 1923). No article describes a depositor run prior to suspension; the bank failed and entered receivership, consistent with a suspension that ended in closure. A 1926 article references the failure as occurring three or four years ago, consistent with the 1923 receivership.

Events (2)
1. January 1, 1922* Other
Newspaper Excerpt
1926 article: losses suffered through the failure, three or four years ago, of the two banks named (referring to Peoples State Bank of Anselmo).
Source
newspapers
2. September 12, 1923 Receivership
Newspaper Excerpt
New Sale Is Ordered of Anselmo Bank's Assets Lincoln, Sept. 12.-The state banking department announced today that the guarantee fund association and the banking department had objected to the sale in court at Broken Bow of assets of the failed Peoples State bank of Anselmo, Neb.... Receiver Emery F. Bush ... will be notified that a new sale is to be held, the banking department announced.
Source
newspapers

Newspaper Articles (2)
1. September 13, 1923 The Omaha Morning Bee Omaha, NE
Article from The Omaha Morning Bee, September 13, 1923

Click image to open full size in new tab

Article Text

New Sale Is Ordered of Anselmo Bank's Assets Lincoln, Sept. 12.-The state bank. ing department announced today that the guarantee fund association and the banking department had objected to the sale in court at Broken Bow of assets of the failed Peoples State bank of nselmo, Neb., because the assets, consisting of papers and real estate, said to have been valued at 72,000, had been made by Receiver Emery F. Bush for 4,756 for the paper and 3,000 for the real estate. C. McKay, insley,A Neb., buyer of the failed bank's paper assets; John David, buyer. of the real estate assets, and Mr. Bush, the receiver, will be notified that a new sale is to be held, the banking department announced.

2. July 15, 1926 Beatrice Daily Sun Beatrice, NE
Article from Beatrice Daily Sun, July 15, 1926

Click image to open full size in new tab

Article Text

ple's State bank of Anselmo, and of the Berwyn State bank of Berwyn, against the Fidelity and Deposit company of Maryland. and W. L McCandless, former county treasurer of Custer county. for recovery or funds put up by the state guaranty fund commission for losses suffered through the failure, three or four years ago, of the two banks named.