Harvel State Bank (Harvel, IL)

Episode Information

Episode UID
70134471573
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
7013447 routing
Routing Number
70-1344
Start Date
January 1, 1931*
Location
Harvel, Illinois (39.356, -89.532)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
0409366607b38319

Response Measures

None

Description

Articles state the bank failed last January and show indictments/receiver for embezzlement.

Events (2)

1. January 1, 1931* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank failure tied to alleged embezzlement by cashier John A. Huber and insolvency revealed; indictments filed against officers.
Newspaper Excerpt
the Harvel State Bank, which failed last January
Source
newspapers
2. April 24, 1931 Receivership
Newspaper Excerpt
attorneys for the bank's receiver. Huber is named in eight of the twenty-six indictments returned and Zimmerman in five.
Source
newspapers

Newspaper Articles (2)

Article from The Decatur Review Advertiser, April 24, 1931

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Article Text

Bond Is Given By Harvel Officials Hillsboro H. H. Zimmerman, president. and John A. Huber, cashier, of the defunct Harvel State bank and who were indicted recently by the Montgomery county grand jury, both gave bond Monday The bonds were signed by Edward Diller, August Best and Edward Zimmerman. Huber is named in eight of the twenty-six indictments returned and Zimmerman in five. Huber's name appears on indictments which charge larceny by embezzlement, embezzlement, larceny by embezlement by a public officer. larceny, embezzlement by receiving deposit knowing the bank to be insolvent. On five of the indictments the two officers of the bank are named jointly Judge Harry Stuttle of Litchfield will represent Huber and former Congressman Frank M. Ramey will represent Zimmerman. Dryer and Brown of Hillsboro are attorneys for the bank's receiver.


Article from JG-TC: Journal Gazette and Times-Courier, December 18, 1931

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Article Text

BANK CASHIER ACCUSED OF POCKETING $10,000 Hillsboro, Dec. collect $10,000 alleged to be due on the bond of John A. Huber, cashier of the Harvel State Bank, which failed last January, was filed in circuit court yesterday against the National Surety Company of New York by Clarence McNaughton of Raymond, receiver for the bank. The receiver alleges that Huber