Brainard State Bank - Brainard, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: May 24, 1934
Location: Brainard, Nebraska (41.184, -97.004)

Metadata

Model: gpt-5-mini
Short Digest: 2cc676eb

Response Measures

None

Description

Article (The Lincoln Star, 1934-05-24) lists loans made to receivers of closed Nebraska banks and includes Brainard (Brainard State Bank) among closed institutions. No mention of an antecedent run or reopening; bank is in receivership. OCR in the list is garbled but Brainard is listed as a closed bank receiving receiver loan assistance.

Events (1)

1. May 24, 1934 Receivership

Newspaper Excerpt: The complete table of loans to closed bank receivers follows: Auburn First National bank Brainard Dorchester ... Total $2,022,653
Source: newspapers

Newspaper Articles (1)

1. May 24, 1934 The Lincoln Star Lincoln, NE

Article from The Lincoln Star, May 24, 1934

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Article Text

NEBRASKA BANKS GET LARGE SUM Receivers Of Closed Institutions Borrow Over Two Millions, WASHINGTON May 24-(AP)Receivers of closed Nebraska banks authorized to borrow $2,022. from the Reconstruction Finance between 1932. and May 18, 1934 Jesse H Jones, reported today The largest individual Nebraska was $175,000 the State bank of Farmers State bank Kearney borrowed Norfolk National bank received $130,000 Besides the loans to closed bank loan of $50,000 to the Fremont company The complete table of loans to closed bank receivers follows: Auburn First National bank Brainard Dorchester Elkhorn county Bank Farmers bank Commerce Merchants Center County State Smith Point Total $2,022,653