State Bank - Keats, KS

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 1, 1931*
Location: Keats, Kansas (39.224, -96.709)

Metadata

Model: gpt-5-mini
Short Digest: 9f7b71c6fc20a1aa

Response Measures

None

Description

Article states the State Bank of Keats closed at the order [of] the directors in January and a receiver (Geo. Rathbun) was appointed (assistant receiver) as reported 1931-02-06. No run or depositor panic is mentioned; closure led to receivership, so classify as suspension leading to permanent closure/receivership.

Events (2)

1. January 1, 1931* Suspension

Cause Details: Closed at the order of the bank's directors in January (no run or specific cause reported)
Newspaper Excerpt: State bank Keats which closed at the order the directors January
Source: newspapers

2. February 6, 1931 Receivership

Newspaper Excerpt: Geo. Rathbun Appointed for Keats State George local appointed assistant receiver for State bank Keats which closed at the order the directors January said the work getting proofs claims would started probably tomorrow, and advised was hoped dividend could be paid within days.
Source: newspapers

Newspaper Articles (1)

1. February 6, 1931 The Mercury Manhattan, KS

Article from The Mercury, February 6, 1931

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Article Text

BANK RECEIVER APPOINTED Geo. Rathbun Appointed for Keats State George local appointed assistant receiver for State bank Keats which closed at the order the directors January said the work getting proofs claims would started probably tomorrow, and advised was hoped dividend could be paid within days.