Citizens Bank - Giltner, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: *
Location: Giltner, Nebraska (40.774, -98.154)

Metadata

Model: gpt-5-mini
Short Digest: 1a59637a

Response Measures

None

Description

Article (Aurora News-Register, 1929-09-27) states the 'failed Citizens Bank of Giltner' was 'taken over by the state' and that receivers have made a first payment to depositors. No mention of a prior depositor run; the bank has been taken into receivership and remains closed.

Events (2)

1. * Receivership

Newspaper Excerpt: depositors ... received checks for ten per cent ... from the bank receivers. ... since the bank was taken over by the state. The postoffice is now in the building which was formerly the Citizens bank building ... purchased by Postmaster Bierbower ... . Last week depositors of the failed Citizens Bank of Giltner received checks for ten per cent of the amount of their deposits from the bank receivers. This is the first payment that depositors have received since the bank was taken over by the state. The amount of further payments is purely a matter of speculation. The building was put in order ... The postoffice is now in the building which was formerly the Citizens bank building and which was purchased by Postmaster Bierbower some time ago for the purpose. The building was put in order, walls, celinigs and other interior parts being given new paint and other decorative attention. A new lobby arrangement will also be appreciated by patrons.
Source: newspapers

2. * Suspension

Cause: Government Action
Cause Details: Bank was declared failed and taken over by the state; receivers appointed and making partial payments.
Newspaper Excerpt: Last week depositors of the failed Citizens Bank of Giltner received checks for ten per cent of the amount of their deposits from the bank receivers. This is the first payment that depositors have received since the bank was taken over by the state.
Source: newspapers

Newspaper Articles (1)

1. September 27, 1929 Aurora News-Register Aurora, NE

Article from Aurora News-Register, September 27, 1929

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Article Text

GILTNER -Ladies, cold weather is near. Have your winter coats, suits, wool and silk dresses cleaned and pressed $1.00 each at Olson's. East Side, Aurora. Phone 245. Driving in their new Whippet sedan, the Victor Pavey family are visiting in and about the old home. They expect to return home the latter part of this week. The graveling on the Giltner-Doniphan road is moving along at a good pace and each weeks sees a new stretch of the road completed. Hall county is doing the work from Doniphan to the county line. F. S. McDannell, oldtime resident of the community, came over from Hastings the latter part of the week for a visit at the home of his son, Oscar McDannell and with friends about the neighborhood. He is in very good health. The W. E. Rawlings family departed early last week for the new home at Morrill. Until the first of next March Mr. Rawlings will assist his brother, Harold, and at that time will take possession of the farm, which he has leased for next year. After three weeks of treatment in an Omaha hospital, Mrs. C. C. Spring er is back at home. Her recovery is looked upon as certain, but the process will be slow and it is expected that several months will elapse before she will be fully back to her usual health. Students from this community who are registered at the state university are Frances Grace Wilson, Elvin Chapman and Mae Millsap. Harold Wanek is at Creighton in Omaha and Mae Wainwright is at the university of Omaha. Two or three of our young people are at Hastings college. Little Joe Fulton had a close call and narrow escape from serious injury a few days ago when he ran into a nail that had been partially driven into a post. The nail caught the boy almost in the right eye, cutting a gash in the lower lid, but missing the eye itself. It was a very fortunate escape from permanent and serious injury. Last week depositors of the failed Citizens Bank of Giltner received checks for ten per cent of the amount of their deposits from the bank receivers. This is the first payment that depositors have received since the bank was taken over by the state. The amount of further payments is purely*a matter of speculation. The postoffice is now in the building which was formerly the Citizens bank building and which was purchased by Postmaster Bierbower some time ago for the purpose. The building was put in order, walls, celinigs and other interior parts being given new paint and other decorative attention. A new lobby arrangement will also be appreciated by patrons. The students council parture in the school here and been organized. Those comprising it are Donald Larmore of the seniors, Alma Feldman of the juniors, Verla Chapman of the sophomore and Doyle Larmore of the freshmen. This advisory board will superintend concessions at school functions and otherwise look after the interests of the student body in athletic events and elsewhere. Rev. and Mrs. Worley left last Friday for their home in Hastings, after having been in Giltner since last fall when Rev. Worley accepted the church here following the resignation of Rev. Prynne. Rev. Worley is not as good as formerly and he feels unable to carry on a regular pastorate. The family will return to Hastings and Mr. Worley will serve as substitute pastor or whenever the occasion comes in which he can be of service. The new Methodist minister, Rev. H. I. Case, with his wife and daughter, arrived last week and are now located here. Before his appointment to the Giltner church Rev. Case was pastor at Carleton. Before deciding to give all of his time to the ministry, Rev. Case was actively engaged in school work and served some time as superintendent of schools. In recent years he has served some time as superintendent of schools. In recent years he has given all of his time to the pulpit and is a very capable preacher. Carl Shrock and L. E. Hafer while at Grand Island last Thursday combined business and pleasure and attended the "Goodwill Air Tour." There were nineteen visiting planes ranging in size from a tri-motored Ford plane down to a five-cylinder sport biplane. The same evening in company with the Geo. Hilliard family we visited the Hall county fair for the first time. We were somewhat disappointed as the grounds and buildings do not come up to our home county's. However the displays were nearly as good and the free attractions and fireworks were fine.-Gazette. On Wednesday of last week Attor ney Edgerton of Aurora spoke to the Giltner school on "The Constitution" the week being designated throughout the country as "Constitution Week." In his talk Mr. Edgerton emphasized the fact that success depends upon the individual themselves and the same is true of countries. The constitution, he said, is a platform for government, and he gave a brief history of the events that led to its preparation and adoption. He sured the audience that if the government of the United States falls it will be because the people do not take enough interest in our laws to enforce them or obey them. To retain our place as the world's greatest nation we must set the example of obeying our own laws.