State Bank - Swedeburg, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: June 17, 1932
Location: Swedeburg, Nebraska (41.136, -96.625)

Metadata

Model: gpt-5-mini
Short Digest: cda1c43d

Response Measures

None

Description

Article (June 17, 1932) lists Elgin State Bank among failed Nebraska banks receiving dividend distributions from the state department — indicates the bank failed and was in receivership. No article text mentions a depositor run prior to failure.

Events (1)

1. June 17, 1932 Receivership

Newspaper Excerpt: LINCOLN Neb., June Payment $42,672 dividends to depositors of four falled Nebraska banks today by the state department of trade and comElgin State Bank, $18,247, ... fifteen per cent.
Source: newspapers

Newspaper Articles (1)

1. June 17, 1932 The Hastings Daily Tribune Hastings, NE

Article from The Hastings Daily Tribune, June 17, 1932

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Article Text

DISTRIBUTE DIVIDENDS LINCOLN Neb., June Payment $42,672 dividends to depositors of four falled Nebraska banks today by the state department of trade and comElgin State Bank, $18,247, three Nebraska State Bank, Humboldt, $9,394, four and three fourths per State Bank, Chalco, $8,992, State Bank of Swedeburg, $6,039, fifteen per cent.