Hinds State Bank - Odell, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: November 21, 1932
Location: Odell, Nebraska (40.050, -96.803)

Metadata

Model: gpt-5-mini
Short Digest: 9af8252f

Response Measures

None

Description

Article (Beatrice Daily Sun, 1932-11-21) refers to the Hinds State Bank as 'defunct' and mentions a receiver (E. H. Luikart) pursuing accounting; no mention of a depositor run in the provided text. The suit alleges improper transfers/payments by the cashier, suggesting bank-specific adverse information prompted failure and receivership.

Events (2)

1. November 21, 1932 Receivership

Newspaper Excerpt: E. H. Luikart, receiver of the defunct Hinds State bank of Odell, today filed suit in the district court here to require an accounting by the Beatrice National bank ... the petition sets out the transactions Charles Hinds, cashier of the Hinds bank of Odell, with the Beatrice National ... alleged that $5,000 of payment made on his personal ... resulted in transfer of that amount ... to his own bank and was illegal. (Beatrice Daily Sun, 1932-11-21).
Source: newspapers

2. * Suspension

Cause: Bank Specific Adverse Info
Cause Details: Allegations that cashier Charles Hinds had transactions with Beatrice National Bank and that payments on his personal indebtedness were transferred to the Hinds State Bank; implies misapplication of funds/embezzlement-like conduct.
Newspaper Excerpt: the defunct Hinds State bank of Odell
Source: newspapers

Newspaper Articles (1)

1. November 21, 1932 Beatrice Daily Sun Beatrice, NE

Article from Beatrice Daily Sun, November 21, 1932

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Article Text

HINDS BANK RECEIVER SUES FOR ACCOUNTING E. H. Luikart, receiver of the defunct Hinds State bank of Odell, today filed suit in the district court here to require an accounting by the Beatrice National bank the sale of an amount Britbonds which had been held the national bank collateral for loan to the Hinds State bank. The petition sets out the transactions Charles Hinds, cashier of the Hinds bank of Odell, with the Beatrice National, and alleged that $5,000 of payment made on his personal the Beatrice bank resulted in transfer of that amount of his personal indebtedness to his own bank and was legal.