Farmers State Bank - Gurley, NE

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: October 19, 1929
Location: Gurley, Nebraska (41.322, -102.971)

Metadata

Model: gpt-5-mini
Short Digest: 200a8902

Response Measures

None

Description

Article (Oct 19, 1929) states the Farmers State Bank of Gurley 'discontinues' and that the suspension was undertaken by the board of directors pending arrival of the bank examiner. No run or receivership is mentioned; suspension appears temporary pending examination, so I classify as a suspension with likely reopening (no evidence of permanent closure).

Events (1)

1. October 19, 1929 Suspension

Cause Details: Board of directors voluntarily suspended operations pending arrival of the state bank examiner; deposits were not large.
Newspaper Excerpt: The suspension was undertaken entirely by the board of directors pending the arrival bank examiner.
Source: newspapers

Newspaper Articles (1)

1. October 19, 1929 The Grand Island Independent Grand Island, NE

Article from The Grand Island Independent, October 19, 1929

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Article Text

FARMERS STATE BANK OF GURLEY DISCONTINUES Lincoln, Oct. closing the Farmers State Bank Gurley, announced today by Commissioner Woods of the state partment. The suspension was dertaken entirely by the board rectors pending the arrival bank examiner. The institution's deposits were not large.