Security State Bank - Wanette, OK

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 1, 1924*
Location: Wanette, Oklahoma (34.962, -97.033)

Metadata

Model: gpt-5-mini
Short Digest: a7fde7d2

Response Measures

None

Description

OCR-corrupted article (Shawnee News-Star, 1929-02-24) states that the Dale State Bank failed in 1924. The text references liquidating agents and depositors; no run is mentioned. I corrected minor OCR errors in the snippet when interpreting the failure reference.

Events (2)

1. January 1, 1924* Receivership

Newspaper Excerpt: Many bank registered Shull, bank state banks not ones experience difficulties... the activities the liquidatagents, Shull said. some the depositors did much money thought to distribute from the because large amounts preferred and secured claims that had taken care of, having priority settlement. county closed yet, bringing the prospect there will be for former depositors. the records indicated.
Source: newspapers

2. January 1, 1924* Suspension

Cause: Voluntary Liquidation
Cause Details: Article says the bank failed in 1924 and activities of liquidating agents handled claims; implies liquidation following failure.
Newspaper Excerpt: In 1924 there were two the Dale State bank Dale the Farmers State bank Asher.
Source: newspapers

Newspaper Articles (1)

1. February 24, 1929 Shawnee News-Star Shawnee, OK

Article from Shawnee News-Star, February 24, 1929

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Article Text

Pottawatomie County's Luck Seems to Have Changed; Conditions Better (News Capital Bureau) CITY, Feb. tawatomie county has had its share state bank failures, but none since the failure of the Home State bank Tecumseh in November, 1928, according to records of the state banking department. In 1924 there were two the Dale State bank Dale the Farmers State bank Asher. Later there failure the Security State bank at Wanette. Bank failures Oklahoma have 1927, when there goodly number. Many bank registered Shull, bank state banks not ones experience difficulties. the credit financial stringency the period had passed, became better bilized in all sections Oklahoma. Crop failures injured banks in the regions though. Though huge sums money were lost when the failed counties state, including Pottawatomie, dollars have been sult the activities the liquidatagents, Shull said. some the depositors did much money thought to distribute from the because large amounts preferred and secured claims that had taken care of, having priority settlement. county closed yet, bringing the prospect there will be for former depositors. the records indicated.