Farmers State Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: August 30, 1922
Location: Allen, Nebraska (42.416, -96.845)

Metadata

Model: gpt-5-mini
Short Digest: f71643ac

Response Measures

None

Description

Article (Aug 30, 1922) reports the receiver of the Farmers State Bank at Allen returning funds to the state guaranty fund, indicating the bank had been placed in receivership and is being wound up. No mention of a depositor run or reopening.

Events (1)

1. August 30, 1922 Receivership

Newspaper Excerpt: Receiver of Allen Bank Returns $24,000 to State ... E. Hart, secretary of trade and commerce, is in receipt of a 14 per cent repayment to the state guaranty fund from the Farmer's State bank at Allen.
Source: newspapers

Newspaper Articles (1)

1. August 31, 1922 The Omaha Morning Bee Omaha, NE

Article from The Omaha Morning Bee, August 31, 1922

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Article Text

Receiver of Allen Bank Returns $24,000 to State Lincoln, Aug. 30 E. Hart, secretary of trade and commerce, is in receipt of a 14 per cent repayment to the state guaranty fund from the Farmer's State bank at Allen. The sum of $24,000 received. is being redistributed to the 968 state banks. The amount originally withdrawn fro mthe guaranty fund to meet losses, was $117,246.