6525. Fidelity State Bank (Chanute, KS)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
June 23, 1926
Location
Chanute, Kansas (37.679, -95.457)

Metadata

Model
gpt-5-mini
Short Digest
4b1cc0de

Response Measures

None

Description

Newspaper items show the Fidelity State Bank of Chanute is defunct and a state receiver (Parks Helmick) was named in June 1926. No run or reopening is reported; later (1929) notices concern dividends paid to depositors of the failed bank. OCR errors in Article 2 corrected (references to final dividend and dates).

Events (2)
1. June 23, 1926 Receivership
Newspaper Excerpt
Parks Helmick, former Council Grove man, has been named receiver for the defunct Fidelity State Bank in Chanute .
Source
newspapers
2. August 12, 1929 Other
Newspaper Excerpt
The Fidelity State of 13 per cent, totaling $38,900. The bank of Chanute, final dividend 1926 .
Source
newspapers

Newspaper Articles (2)
1. June 23, 1926 Council Grove Republican Council Grove, KS
Article from Council Grove Republican, June 23, 1926

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Article Text

IS BANK RECEIVER Parks Helmick, former Council Grove man, has been named ceiver for the defunct Fidelity State Bank in Chanute. Old residents will remember the Helmick family for whom the Missouri Pacific named its first station west the county seat.

2. August 2, 1929 The Hutchinson News Hutchinson, KS
Article from The Hutchinson News, August 2, 1929

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Article Text

Dividends Scheduled for Failed Bank Depositors W. Johnson, state receiver for fall. ed banks, today announced dividends will be paid depositors of the following banks on the dates given: August 6-The Neosho Rapids State Bank. a second division of 20 per cent totaling $6,500. The bank failed November 2. 1928 Aug 10-The Farmers State bank of Hartford. first dividend of 40 per cent amounting to $53,140. The bank closed its doors July 3, 1928. August 12-The Fidelity State of 13 per cent, totaling $38,900. The bank of Chanute, B final dividend 1926. August 16-The Zarah State bank bank suspended operation June 14, falled September 22.