11484. Chappell State Bank (Chappell, NE)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
state
Start Date
September 29, 1932
Location
Chappell, Nebraska (41.093, -102.471)

Metadata

Model
gpt-5-mini
Short Digest
c8173cd643b174e6

Response Measures

None

Description

Multiple contemporary newspapers (late Sept 1932) report the Chappell State Bank 'has suspended' and is 'closed pending efforts to reorganize' with State Bank Commissioner Woods and examiner Jorgensen involved. Articles describe a regulatory-initiated suspension (commissioner/examiner), not a depositor run. The ultimate outcome (permanent closure vs successful reorganization) is not provided in these clippings; I classify as suspension_closure because the bank is reported closed by government action and no reopening is mentioned in the provided articles. If additional articles show a reopening, category should be updated.

Events (1)

1. September 29, 1932 Suspension
Cause
Government Action
Cause Details
State Bank Commissioner Woods announced the bank 'has suspended' and an examiner (A. Jorgensen) was placed in charge; closure appears to be by state banking authority action.
Newspaper Excerpt
State Bank Commissioner Woods announced Thursday the Chappell State bank has suspended and is closed pending efforts to reorganize.
Source
newspapers

Newspaper Articles (5)

Article from Beatrice Daily Sun, September 29, 1932

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Article Text

BANK SUSPENDS LINCOLN, Sept. Bank Woods today the Chappell State bank had and closed pending efforts will leave night for conferofficials the bank. Jorgenson, examiner, charge.


Article from Lincoln Journal Star, September 30, 1932

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Article Text

JEWISH NEW YEAR. Rabbi Ogel announced Thursday that the first Rosh Hashanah vice at B'Nai Jeshurun will be held Friday. sermon subject Autumn. The second service will be at 10 Saturday the subject of his sermon Father.' There will be special music both Rosh Hashanah the Jewish New Year. CHAPPELL BANK CLOSES State Bank Commissioner Woods announced the Chappell State bank had suspended and is closed pending efforts to reorganize the institution. He will Friday for officials of the bank. Jorgensen, examiner, is in charge.


Article from Lincoln Journal Star, September 30, 1932

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Article Text

CHAPPELL BANK CLOSES State Bank Commissioner Woods the Chappell State bank had suspended business and is closed pending efforts to reorganize the institution. He will leave Friday night for conference with officials of the bank. A. Jorgensen, examiner, is in charge.


Article from The Omaha Evening Bee-News, September 30, 1932

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Article Text

CHAPPEL BANK CLOSES; REORGANIZATION PLANNED LINCOLN, Sept. 29, (P)-State Bank Commissioner Woods announced Thursday the Chappell State bank has suspended and is closed pending efforts to reorganize. He will leave Friday night for a conference with bank officials.


Article from The Omaha Morning Bee-News, September 30, 1932

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Article Text

CHAPPEL BANK CLOSES; REORGANIZATION PLANNED Sept. Bank Woods announced Thursday the Chappell State bank has and closed efforts organize. He will leave Friday night for conference with bank officials.