Farmers State Bank - Stella, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: November 24, 1930
Location: Stella, Nebraska (40.233, -95.773)

Metadata

Model: gpt-5-mini
Short Digest: 9887401b

Response Measures

None

Description

Article (Nov 24, 1930) reports the Farmers State Bank, Stella has a receiver and has repaid 50% of deposits. No run is mentioned; the bank is closed and in receivership (closure).

Events (2)

1. November 24, 1930 Receivership

Newspaper Excerpt: The Farmers State bank, Stella has repaid 50 percent of its $82,492 in deposits to the customers of that bank, the receiver said.
Source: newspapers

2. * Suspension

Cause: Government Action
Cause Details: Bank was closed and placed in receivership by banking authorities; assets being realized and dividends paid to depositors.
Newspaper Excerpt: The Farmers State bank, Stella has repaid 50 percent of its $82,492 in deposits to the customers of that bank, the receiver said.
Source: newspapers

Newspaper Articles (1)

1. November 24, 1930 The Falls City Journal Falls City, NE

Article from The Falls City Journal, November 24, 1930

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Article Text

15 percent to its depositors. The realization on the assets of the State Bank of Humboldt has progressed farther than that of the others because it has been closed longer Mr. Strunk said that dividends from that institution have returned to the depositors 6212 percent of their deposits. This bank. he said, had approximately $230.000 in deposits when it closed. The Nebraska State bank. Humboldt. which closed about a year and a half. ago with deposits in the neighborhood of has returned 55 percent to the depositors. Mr. Strunk called attention to the fact that the state banking department was now figuring another dividend for depositors in the institution. The Farmers State bank. Stella has repaid 50 percent of its $82,492 in deposits to the customers of that bank. the receiver said.