11309. Bank of Ansley (Ansley, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
July 2, 1931
Location
Ansley, Nebraska (41.288, -99.382)

Metadata

Model
gpt-5-mini
Short Digest
ecfc59ec3a766b75

Response Measures

None

Description

Articles from July 1931 refer to the 'defunct Bank of Ansley' and mention a bank receiver suing the former cashier for excessive loans. This indicates the bank had closed and a receiver was appointed (permanent closure). No newspaper text describes a depositor run; failure appears driven by bank-specific adverse information (excessive loans). I inferred a suspension/closure from the presence of a receiver and repeated 'defunct' wording.

Events (3)
1. July 2, 1931 Other
Newspaper Excerpt
Listing liabilities of $241,914 and non-exempt assets of $1,000, Arthur Hein ... former cashier of the defunct Bank of Ansley ... filed voluntary bankruptcy petition in federal court here.
Source
newspapers
2. July 2, 1931 Receivership
Newspaper Excerpt
former cashier of the defunct Bank of Ansley ... filed voluntary bankruptcy petition ... The receiver alleged Hein was responsible for excessive loans.
Source
newspapers
3. * Suspension
Cause
Bank Specific Adverse Info
Cause Details
Excessive loans by the former cashier alleged by the bank receiver
Newspaper Excerpt
defunct Bank of Ansley
Source
newspapers

Newspaper Articles (3)
1. July 2, 1931 The Grand Island Independent Grand Island, NE
Article from The Grand Island Independent, July 2, 1931

Click image to open full size in new tab

Article Text

ARTHUR HEIM OF LINCOLN, BANKRUPT Lincoln, July 2. (AP) Listing liabilities of $241,914 and non-exempt assets of $1,000, Arthur Hein of Lincoln, former cashier of the defunct Bank of Ansley, Wednesday, filed voluntary bankruptcy petition in federal court here. The main item of liability is $225,794 for which Hein is being sued in Custer county by the bank receiver. The receiver alleged Hein was responsible for excessive loans. Hein is being sued also by C. Mackey of Ansley for $3,500 on stock purchased in the Ansley bank. Hein's occupation is listed in the petition as an "office manager.' Chas. E. Matson, his attorney, said he is working on a salary in Lincoln. More than 55,000 new members were added to the rolls of 1,200 Protestant churches in the Chicago metropolitan area during the last year.

2. July 2, 1931 The Omaha Morning Bee-News Omaha, NE
Article from The Omaha Morning Bee-News, July 2, 1931

Click image to open full size in new tab

Article Text

Former Banker at Ansley Is Bankrupt LINCOLN, July 1. (P)-Listing liabilities of $241,914 and nonexempt assets of $1,000. Arthur Hein, Lincoln, former cashier of the Defunct Bank of Ansley, Wednesday filed a voluntary bankruptcy petition in federal court. The main item of liability is $225, for which Hein is being sued in Custer county by the bank receiver. who alleges Hein was responsible for excessive loans. Hein is being sued also by C. Mackey. Ansley, for $3,500 on stock purchased in the Ansley bank.

3. July 2, 1931 Omaha World-Herald Omaha, NE
Article from Omaha World-Herald, July 2, 1931

Click image to open full size in new tab

Article Text

Former Bank Cashier Files Plea ing liabilities of $241 914 and nonexempt assets of one thousand dollars, Arthur Hein of Lincoln, forcashier of the defunct Bank of Ansley, today filed voluntary bankruptcy petition in federal court here. The main item of liability is $225,794 for which Hein is being sued in Custer county by the bank The receiver alleged Hein was responsible for excessive loans.