First National Bank - Wakefield, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 5368
Charter Number: 5368
Start Date: November 13, 1929
Location: Wakefield, Nebraska (42.269, -96.865)

Metadata

Model: gpt-5-mini
Short Digest: deed74e9

Response Measures

None

Description

Article (1929-11-13) states a receiver (George G. Cronkleton) has been placed in charge of the First National Bank at Wakefield, indicating the bank had closed and is in receivership. No run or reopening is mentioned, so classify as a suspension/closure with receivership.

Events (3)

1. May 24, 1900 Chartered

Source: historical_nic

2. November 17, 1921 Voluntary Liquidation

Source: historical_nic

3. November 13, 1929 Receivership

Newspaper Excerpt: George G. Cronkleton, who is receiver of First National banks at Coleridge and Wakefield, has been placed in charge here and will be assisted by S. G. Coombs. These gentlemen expect to divide their time between these banks from this date on.
Source: newspapers

Newspaper Articles (1)

1. November 13, 1929 The Laurel Advocate Laurel, NE

Article from The Laurel Advocate, November 13, 1929

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Article Text

BANK RECEIVER MOVED TO ILLINOIS DISTRICT M. E. Jensen, who has been receiver of the Plainview First National bank since it closed a little over a year ago, has been trasferred to Taylorville, Illinois, where he goes to accept a like position in a large bank just recently closed. He departed for that place Sunday morning, but will not move his family there until the fore part of next month. Mr. Jensen is a very competent man and has made many warm friends during his brief residence in Plainview. George G. Cronkleton, who is receiver of First National banks at Coleridge and Wakefield, has been placed in charge here and will be assisted by S. G. Coombs These gentlemen expect to divide their time between these banks from this date on. Both are very capable men. Miss Engle will remain at least temporarily as bookkeeper and stenographer, a position she has filled with general satisfaction during the past year.-Plainview News.