Alliance National Bank (Alliance, NE)

Episode Information

Episode UID
565701560
Episode Type
Run Only
Bank Type
national
Bank ID
56570 national
Charter Number
5657
Start Date
December 1, 1929
Location
Alliance, Nebraska (42.102, -102.872)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
c015847c79bfb252

Response Measures

Accommodated withdrawals, Public signal of financial health, Partial suspension

Description

One article suggests a board-ordered closure of an 'Alliance' bank in Dec 1929 but it's ambiguous whether this is the same institution; more records would clarify.

Events (3)

1. December 28, 1900 Chartered
Source
historical_nic
2. December 1, 1929 Suspension
Cause
Voluntary Liquidation
Cause Details
Article states the bank was 'closed today by its officers directors,' indicating a board-ordered closure rather than government receiver action.
Newspaper Excerpt
ALLIANCE BANK CLOSED BY BOARD
Source
newspapers
3. June 14, 1930 Run
Cause
Local Banks
Cause Details
Crowds and withdrawals occurred in context of local banking distress; banks met demands and withdrawals ceased when condition became apparent.
Measures
Paid depositors in full on request; maintained cash reserves; certificates not cashed until maturity.
Newspaper Excerpt
Alliance National ... experienced small runs the forepart of the week but both banking institutions were prepared for the withdrawals and had large cash reserves ... Depositors were paid in full upon request and the soon ceased
Source
newspapers

Newspaper Articles (3)

Article from Beatrice Daily Sun, December 30, 1929

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Article Text

ALLIANCE BANK CLOSED BY BOARD Dec. First State Nebraska's state chartered Institutions, closed today by its officers directors, Though deposits had been duced in 1927 000. Copsey Charles Shields, closing with state Lau has charge for the state


Article from The Roanoke Times, June 14, 1930

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Article Text

ONLY TWO NOW IN Withdrawals Were Made on Them But Were Able to Meet All Demands two remaining banks, the Alliance's State and Alliance National Guardian experienced small runs the forepart of the week but both banking institutions were prepared for the withdrawals and had large cash reserves hand the opening Monday mornDepositors were paid in full upon request and the soon ceased when the strong financial condition of the became apparent. Crowds assembled in front of the banks Monday morning but most of them were merely spectators and few actual cash withdrawals were made. For the most part the city went about its usual business with full confidence in the two maining banking institutions. New accounts and increased deposits in both the Guardian State and Alliance National banks far exceeded even on Monday and an upward trend has been noted since the first of the week. Dr. Knight, president of the Alliance National tank, told depositthey would be paid deposits in full but certificates would not be cashed until the date for payment. Depositors in his bank were assured of ample funds to cover their accounts. Christopher Abbott, president of the Guardian State Bank, also assured depositors that their money was available for withdrawal at any time they saw fit. Depositors, however, have sensed the healthy condition of these banks and are placing full confithem. Donald 21, and Macile M. Roberts, 17, both of were married at the court house last evening by Judge Ira Tash. The young couple will make their home near Hemingford. Game be Played Against to Colorado Outstanding Football Team University of Nebraska has acceptto play football ed an invitation December 5th against in Denver game Colorado team for the outstanding unemployed of the the benefit of the Three Colorado teams are two states. honor of being the outvying for the Colorado football aggregation standing which will be Nebraska's opponent that date. John Selleck, athletic department Nebraska arrived in Denmanager of morning to complete arver Tuesday the He will conangements for of the three fer with schools the opponent winner of the Colorado will the state championship. "We are glad of the opportunity in Denver as the to game and Colorado have states of Nebraska Selleck said. He much told of the desirability of matching the two teams for regular scheduled in 1933 1934 but the Cornhuskplay or squad is signed up to play several Ten conference teams next year and will not have any available open in 1932. The Cornhuskers accepted the game after an invitation had been received by Gov. Charles Bryan of Nebraska from Governor Adams of Colorado has been suggested that the selection of Nebraska's be left to the opponnt Rocky Mountain conference in order avoid any discrimination. The will be game match and many local people will probably take advantage of this big game being played so close to home and will witness the contest. Melvin K. Davidson, 21 and fne Vaughn, 17, both of Oshkosh, obtained license to wed from CounJudge Ira E. Tash last evening. The couple were married here and will their home in Oshkosh.


Article from Bristol Herald, December 19, 1930

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Article Text

ONLY TWO NOW IN Withdrawals Were Made on Them But Were Able to Meet All Demands two remaining banks, the Alliance's State and Alliance National Guardian experienced small runs the forepart of the week but both banking institutions were prepared for the withdrawals and had large cash reserves hand the opening Monday mornDepositors were paid in full upon request and the soon ceased when the strong financial condition of the became apparent. Crowds assembled in front of the banks Monday morning but most of them were merely spectators and few actual cash withdrawals were made. For the most part the city went about its usual business with full confidence in the two maining banking institutions. New accounts and increased deposits in both the Guardian State and Alliance National banks far exceeded even on Monday and an upward trend has been noted since the first of the week. Dr. Knight, president of the Alliance National tank, told depositthey would be paid deposits in full but certificates would not be cashed until the date for payment. Depositors in his bank were assured of ample funds to cover their accounts. Christopher Abbott, president of the Guardian State Bank, also assured depositors that their money was available for withdrawal at any time they saw fit. Depositors, however, have sensed the healthy condition of these banks and are placing full confithem. Donald 21, and Macile M. Roberts, 17, both of were married at the court house last evening by Judge Ira Tash. The young couple will make their home near Hemingford. Game be Played Against to Colorado Outstanding Football Team University of Nebraska has acceptto play football ed an invitation December 5th against in Denver game Colorado team for the outstanding unemployed of the the benefit of the Three Colorado teams are two states. honor of being the outvying for the Colorado football aggregation standing which will be Nebraska's opponent that date. John Selleck, athletic department Nebraska arrived in Denmanager of morning to complete arver Tuesday the He will conangements for of the three fer with schools the opponent winner of the Colorado will the state championship. "We are glad of the opportunity in Denver as the to game and Colorado have states of Nebraska Selleck said. He much told of the desirability of matching the two teams for regular scheduled in 1933 1934 but the Cornhuskplay or squad is signed up to play several Ten conference teams next year and will not have any available open in 1932. The Cornhuskers accepted the game after an invitation had been received by Gov. Charles Bryan of Nebraska from Governor Adams of Colorado has been suggested that the selection of Nebraska's be left to the opponnt Rocky Mountain conference in order avoid any discrimination. The will be game match and many local people will probably take advantage of this big game being played so close to home and will witness the contest. Melvin K. Davidson, 21 and fne Vaughn, 17, both of Oshkosh, obtained license to wed from CounJudge Ira E. Tash last evening. The couple were married here and will their home in Oshkosh.