Bristow State Bank - Bristow, NE

Bank Information

Episode Type: Run Only
Bank Type: state
Start Date: July 30, 1930
Location: Bristow, Nebraska (42.842, -98.585)

Metadata

Model: gpt-5-mini
Short Digest: 3a0d48f9

Response Measures

Accommodated withdrawals, Borrowed from banks or large institutions, Public signal of financial health

Description

Article (July 30, 1930) reports an immediate run/heavy withdrawals at Bristow State Bank tied to its connection with Nebraska State Bank of Norfolk. Omaha National Bank flew $45,000 to assist. No suspension or closure is mentioned.

Events (1)

1. July 30, 1930 Run

Cause: Local Banks
Cause Details: Run triggered by the Bristow bank's connection/overlapping stockholders with Nebraska State Bank of Norfolk, causing contagion of depositor concern.
Measures: United States National Bank of Omaha rushed $45,000 in cash by airplane to assist meeting withdrawals.
Newspaper Excerpt: the Bristow State Bank, Bristow, to assist in meeting unusually heavy withdrawals. The run on the Bristow bank resulted by reason of its connection with the Nebraska State bank of Norfolk
Source: newspapers

Newspaper Articles (1)

1. July 30, 1930 Osmond Republican Osmond, NE

Article from Osmond Republican, July 30, 1930

Click image to open full size in new tab

Article Text

PLANE SPEEDS MONEY TO BANK AT BRISTOW Omaha The airplane became an agent in the banking business at Omaha Thursday when officials of the United States National bank of Omaha rushed $45,000 in cash by plane to the Bristow State Bank, Bristow, to assist in meeting unusually heavy withdrawals. The run on the Bristow bank resulted by reason of its connection with the Nebraska State bank of Norfolk some of whose stockholders are also stockholders in the Bristow bank.