11654. Commercial Bank (Grant, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
March 1, 1932*
Location
Grant, Nebraska (40.842, -101.725)

Metadata

Model
gpt-5-mini
Short Digest
7a44b6cfb872713b

Response Measures

None

Description

Articles report the Commercial Bank of Grant as a failed state bank in liquidation, with depositors receiving a first dividend. No run is mentioned; the bank failed and is being liquidated/handled by receivers.

Events (3)
1. March 1, 1932* Suspension
Cause
Government Action
Cause Details
Bank had failed and entered liquidation/receivership (state action or receivership leading to suspension).
Newspaper Excerpt
Depositors of the failed Commercial Bank of Grant have been paid a first dividend...
Source
newspapers
2. March 14, 1932 Receivership
Newspaper Excerpt
Depositors of the failed Commercial Bank of Grant have been paid a first dividend of 15 per cent from liquidation of the assets of the defunct Institution. The dividend amounted to $5,995.61.
Source
newspapers
3. May 2, 1932 Other
Newspaper Excerpt
Commercial Bank, Grant, 15 per cent, $5,995. (listed among failed state banks receiving dividends)
Source
newspapers

Newspaper Articles (2)
1. March 14, 1932 The Hastings Daily Tribune Hastings, NE
Article from The Hastings Daily Tribune, March 14, 1932

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Article Text

PAY DEPOSITOR DIVIDENDS LINCOLN, Neb., Mar. 14-(U.P)Depositors of the failed Commercial Bank of Grant have been paid a first dividend of 15 per cent from liquidation of the assets of the defunct Institution. The dividend amounted to $5,995.61.

2. May 2, 1932 The Hastings Daily Tribune Hastings, NE
Article from The Hastings Daily Tribune, May 2, 1932

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Article Text

BANKS PAY DIVIDENDS LINCOLN, Neb., May Depositors of three failed state banks have received dividends from liquidation of bank assets. The banks, per cent and amount of dividends paid were as follows: State Bank of Orleans, 20 per cent, first dividend, $25,369.80. Nebraska State Bank, West Point, cent, $20,563. Commercial Bank, Grant, 15 per cent, $5,995. The re-organized former Farmers and Merchants State Bank, of Benson, reopened for business Saturday under the of the Douglas County Bank, of Omaha.