J. A. Reuling has been appointed by the Treasury Department as conservator of the First National Bank of Wymore.
Source
newspapers
+21 months
3.December 24, 1934Voluntary Liquidation
Source
historical_nic
Newspaper Articles (1)
1.April 6, 1933The Beatrice NewsBeatrice, NE
Article Text
J. A. Reuling has been appointed by the Treasury Department as conservator of the First National Bank of Wymore.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.