Mitchell State Bank (Mitchell, NE)

Episode Information

Episode UID
76036671537
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
7603667 routing
Routing Number
76-0366
Start Date
January 1, 1928*
Location
Mitchell, Nebraska (41.940, -103.809)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
2bcb247f7bfba548

Response Measures

None

Description

OCR errors in articles corrected (e.g., 'failto' -> 'failed to').

Events (2)

1. January 1, 1928* Receivership
Newspaper Excerpt
The Nebraska State Guaranty Fund commission took possession of the bank...have continued and operated since then as going bank. ...filed suit ... against the Mitchell State [Bank] ... and the Nebraska State Bank Guaranty Fund commission
Source
newspapers
2. January 1, 1928* Suspension
Cause
Government Action
Cause Details
Nebraska State Guaranty Fund commission took possession and operated the bank after it failed to open
Newspaper Excerpt
the bank failed to open its doors. The Nebraska State Guaranty Fund commission took possession of the bank at that time
Source
newspapers

Newspaper Articles (2)

Article from Star-Herald, February 17, 1929

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Article Text

BELLAMY SEEKING RECOVERY OF SUM IN DEFUNCT BANK Local Man Declares Promise of Payments Not Carried Out by Bank Receiver. Fred Bellamy of this city has filed suit district court against the Mitchell State of Mitchell, the Nebraska State Bank GuaranFund commission, to recover some that he had deposit there January, 1928, when the bank failto open its doors. The Nebraska State Guaranty Fund commission took possession the bank that time, have continued and operated since then as going bank. During this time "they only been able to pay one installment, amounting to per cent,' Mr Bellamy, have made numerous promises of additional payments but failed to make them good.' Mr Bellamy now going enjoy the privilege asking the money justly due him from the State Guaranty


Article from Star-Herald, August 16, 1929

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Article Text

Depositors in Failed Bank Gather Saturday meeting depositors of the funct Mitchell state bank has been called for eight o'clock Saturday ning the city hall in Mitchell, by the committee charge. Only those were depositors the failed institution admitted the understood.