Citizens State Bank - Bloomfield, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: September 1, 1926
Location: Bloomfield, Nebraska (42.599, -97.646)

Metadata

Model: gpt-5-mini
Short Digest: 1d5e55b8

Response Measures

None

Description

The article (Sioux City Journal, 1926-09-02) references a bank receiver selling a farm owned by the Citizens State Bank of Bloomfield, indicating the bank had been placed in receivership and disposed of assets. The piece gives no mention of a depositor run or of the bank later reopening, so I classify this as a suspension that resulted in closure/receivership. OCR errors in the clipping were corrected (garbled phrases removed) but did not change the substance.

Events (1)

1. September 1, 1926 Receivership

Newspaper Excerpt: BANK RECEIVER GETS GOOD PRICE FOR FARM ... The farm owned the bank ... the farm and the price said the highest that land locality has brought for some time, that in farming being restored and prosperity is increasing.
Source: newspapers

Newspaper Articles (1)

1. September 2, 1926 The Sioux City Journal Sioux City, IA

Article from The Sioux City Journal, September 2, 1926

Click image to open full size in new tab

Article Text

BANK RECEIVER GETS GOOD PRICE FOR FARM Hartington, Neb., Sept. 1.-Special: One of the important real estate transactions which has taken in northeastern lately the of farm Bloomfield by H. Morten, of of the Citizens State bank Bloomfield. The farm owned the bank and Bloomfield, the farm and the price said the highest that land locality has brought for some time, that in farming being restored and prosperity is increasing.