Citizens State Bank - Chadron, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: July 10, 1925
Location: Chadron, Nebraska (42.829, -103.000)

Metadata

Model: gpt-5-mini
Short Digest: 594b5089

Response Measures

None

Description

Article (Omaha Daily News, 1925-07-10) reports the Citizens bank in Chadron failed to open its doors, transactions to be handled by the Chadron State Bank, and a receiver to be named. No run is mentioned; this appears to be a suspension that leads to permanent closure/receivership.

Events (2)

1. July 10, 1925 Receivership

Newspaper Excerpt: a receiver will be named for the Citizens bank, according to advices from the state banking department.
Source: newspapers

2. July 10, 1925 Suspension

Cause Details: Article gives no reason for closure or suspension; only reports doors failed to open and state banking department involvement.
Newspaper Excerpt: the doors of the Citizens bank failed to open today, and arrangements were being made for the transactions of the institution to be handled by the Chadron State bank.
Source: newspapers

Newspaper Articles (1)

1. July 10, 1925 The Omaha Daily News Omaha, NE

Article from The Omaha Daily News, July 10, 1925

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Article Text

CHADRON BANK CLOSES Chadron, Neb., July doors of the Citizens bank failed to open today, and arrangements were be ing made for the transactions of the institution to be handled by the Cha dron State bank. receiver will be named for the Citizens bank, accord ing to advices from the state bank ing department.