First National Bank - Wisner, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 4029
Charter Number: 4029
Start Date: October 12, 1909
Location: Wisner, Nebraska (41.987, -96.914)

Metadata

Model: gpt-5-mini
Short Digest: 780c0266

Response Measures

None

Description

Article reports the First National Bank (Wisner, Neb.) was closed on Oct. 12, 1909 and refers to collections by a receiver and payment of dividends, indicating the bank went into receivership and did not simply experience a temporary run and reopening. The snippet does not describe any depositor run as the triggering event or the cause of the closure, so cause is set to 'other'.

Events (3)

1. May 9, 1889 Chartered

Source: historical_nic

2. October 12, 1909 Receivership

Newspaper Excerpt: the total collections made by the receiver of the First National Bank from Oct 12, 1909, when the bank was closed, to Oct. 31, 1910 amounted to $473,940 ... leaving $323,940 available for dividends and other purposes. Dividends of 40 per cent have been paid amounting to $223,675
Source: newspapers

3. October 12, 1909 Suspension

Cause Details: Article does not specify the reason for the suspension/closure; only notes the bank was closed and placed in receivership and subsequent collections were made.
Newspaper Excerpt: the total collections made by the receiver of the First National Bank from Oct 12, 1909, when the bank was closed, to Oct. 31, 1910
Source: newspapers

Newspaper Articles (1)

1. March 10, 1921 Mineral Point Tribune Mineral Point, WI

Article from Mineral Point Tribune, March 10, 1921

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Article Text

Ten Years Ago. 1911. From Wisner, Neb.. Mrs. Joseph. Cocking writes: "We are alway looking for the day when The Tribune will reach us and are at a loss if it fails to come. My brother, Louis Bowden, was buried last week." The sub district Sunday school institute held at the M. E. church on Tuesday aftermoon and and evening is pronounced a most successful one. Delegates to the number of thirty from out of town were in attendance. An examination of Comptroller of Currency shows that the total collections made by the receiver of the First National Bank from Oct 12, 1909, when the bank was closed, to Oct. 31, 1910 amounted to $473,940, in which is included the $150,000 Kennedy Mine money and which has to be kept separate by order of the court, leaving $323,940 available for dividends and other purposes. Dividends of 40 per cent have been paid amounting to $223,675