Fidelity State Bank - Chanute, KS

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: October 1, 1929
Location: Chanute, Kansas (37.679, -95.457)

Metadata

Model: gpt-5-mini
Short Digest: 212aff03

Response Measures

None

Description

Article (Council Grove Republican, 1929-10-01) reports the state bank receiver will pay a dividend to depositors of Fidelity State Bank of Chanute, indicating the bank is in receivership (closed) and dividends are being distributed. No run or reopening is mentioned.

Events (1)

1. October 1, 1929 Receivership

Newspaper Excerpt: A dividend of 10 per cent will be paid for the Fidelity state of Chanute, amounting to $32,900.
Source: newspapers

Newspaper Articles (1)

1. October 1, 1929 Council Grove Republican Council Grove, KS

Article from Council Grove Republican, October 1, 1929

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Article Text

TO PAY DEPOSITORS Topeka, Oct. Johnson, state bank receiver will pay dividend to depositors of the Farmers bank of Bird City on Oct. 15. will be 20 per cent or A findividend of per cent will be paid for the Fidelity state of Chanute, amounting to $32,900. 10 per cent dividend will be paid the Burlington state bank. It is $12,600 and makes total of 80 per cent. The Citizens of Claflin will receive their first dividend of 69,000, or 50 per cent on Oct. 25.