Potash State Bank - Antioch, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: August 1, 1929*
Location: Antioch, Nebraska (42.068, -102.582)

Metadata

Model: gpt-5-mini
Short Digest: d8e2bb91

Response Measures

None

Description

Article reports the Potash State Bank of Antioch was liquidated voluntarily; depositors paid in full and dissolution papers filed. No run or receivership mentioned — voluntary liquidation resulting in permanent closure.

Events (1)

1. August 1, 1929* Suspension

Cause: Voluntary Liquidation
Cause Details: Stockholders liquidated the bank because nearby Alliance banks could better serve the territory; dissolution papers filed and depositors paid in full.
Newspaper Excerpt: the Potash State Bank of Antioch have liquidated the bank. The depositors were paid in full and dissolution papers the were today.
Source: newspapers

Newspaper Articles (1)

1. August 20, 1929 The McCook Daily Gazette McCook, NE

Article from The McCook Daily Gazette, August 20, 1929

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Article Text

Town of Antioch Slumping Into Oblivion-Bank Quits Antioch, Neb., Aug. Antioch, thriving community during the World war on account of its potash deposits, another of its business places today with the that the of the Potash State Bank of Antioch have liquidated the bank. The depositors were paid in full and dissolution papers the were today. H. Copsey was president and Charles Britten vice-president. Since Antioch is near Alliance, the stockholders realized that territory could be better served by the Alliance banks.