State Bank - Liberty, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 7, 1932
Location: Liberty, Nebraska (40.085, -96.483)

Metadata

Model: gpt-5-mini
Short Digest: 28664745

Response Measures

None

Description

Article reports the State Bank of Liberty was closed by its directors and placed in charge of the state bank department (regulatory takeover). No mention of depositor run; appears to be a suspension that led to closure/receivership.

Events (1)

1. December 7, 1932 Suspension

Cause: Government Action
Cause Details: Closed by its directors and placed in charge of Richard Hadley of the State Bank Department (regulatory takeover)
Newspaper Excerpt: The State Bank of Liberty was closed Wednesday morning by its directors and placed in charge of Richard Hadley of the state bank department
Source: newspapers

Newspaper Articles (1)

1. December 8, 1932 The Beatrice News Beatrice, NE

Article from The Beatrice News, December 8, 1932

Click image to open full size in new tab

Article Text

State Bank of Liberty Closed The State Bank of Liberty was closed Wednesday morning by its directors and placed in charge of Richard Hadley of the state bank department, This is the third bank in Gage county to close within a week. Officers of the bank are Joseph Barr, president; L. J. Knoll, vice president and cashier; J. A. Barr, assistant cashier. The capital stock is $25,000, surplus $5,000 and deposits about $140,000.