Schuyler National Bank - Schuyler, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 3152
Charter Number: 3152
Start Date: February 3, 1927
Location: Schuyler, Nebraska (41.447, -97.059)

Metadata

Model: gpt-5-mini
Short Digest: b85aa34b1a22f2f2

Response Measures

None

Description

Article is a general report about a receiver (McRoberts) appointed to take charge of closed national banks including ones 'in Pilger, Schuyler and Carroll.' It does not explicitly name 'Schuyler National Bank' but strongly implies a Schuyler national bank was put in receivership/closed. No run is mentioned.

Events (4)

1. April 11, 1884 Chartered

Source: historical_nic

2. June 17, 1916 Voluntary Liquidation

Source: historical_nic

3. February 3, 1927 Receivership

Newspaper Excerpt: Mr. McRoberts receiver for banks in Pilger, Schuyler and Carroll, besides here. has just been appointed to take charge bank at Knoxville, also.
Source: newspapers

4. February 3, 1927 Suspension

Cause: Government Action
Cause Details: Appointment of a national bank receiver by the Comptroller of the Currency for banks in Pilger, Schuyler and Carroll
Newspaper Excerpt: Mr. McRoberts receiver of the closed Citizens National bank Wayne...application of the golden Mr. McRoberts receiver for banks in Pilger, Schuyler and Carroll
Source: newspapers

Newspaper Articles (1)

1. February 3, 1927 The Wayne Herald Wayne, NE

Article from The Wayne Herald, February 3, 1927

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Article Text

To Kiwanis McRoberts Urges of Golden Rule All Dealings. Explains His Work Tells of Manner Which National Bank Are Conducted. McRoberts, receiver of the closed Citizens National bank Wayne, spoke to Kiwanians Monday following noonday luncheon, on the subject of Golden Rule in He explained about the appointment of national bank receivers and their duties. Nothing will solve difficulties between between tions, asserted Mr. application of the golden Mr. McRoberts receiver for banks in Pilger, Schuyler and Carroll, besides here. has just been appointed to take charge bank at Knoxville, also. Receivers by the comptroller of the currency and they are because of manifested ability and efficiency. In past held his years position by political favor. Merit choice. Mr. McRoberts also explained that one man can handle several banks when they close enough are together. This increases the dividends to be given depositors. The men in charge of the bank liquidate all the paper possible to the time take to finish any bank's business thus varies the receivers try pay depositors as nearly in full possible. Attorney's fees in national bank cases now fixed. This reduces expense. McRoberts ciation the cordial and Mrs. McRoberts given in Wayne.