gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
4229f8445b0e7fbb
Response Measures
None
Description
Articles show the bank was defunct and in liquidation under a receiver; OCR minor but not affecting facts.
Events (3)
1.March 26, 1931Receivership
Newspaper Excerpt
An order empowering R. O. Brownell, receiver for the Bank of Waterloo, to proceed with collection of double liability funds from stockholders to make up deficit ... was issued in district court here Wednesday.
Source
newspapers
2.March 26, 1931Suspension
Cause
Government Action
Cause Details
Bank placed in receivership and payments suspended by court-appointed receiver
Newspaper Excerpt
An order empowering R. O. Brownell, receiver for the Bank of Waterloo, to proceed with collection...
Source
newspapers
3.January 16, 1932Receivership
Newspaper Excerpt
Brownell was discharged receiver of the ... Bank of Waterloo ... by District Judge Charles Foster, orders signed Saturday. These bank-liquidations are complete.
Source
newspapers
Newspaper Articles (2)
1.March 26, 1931Lincoln Journal StarLincoln, NE
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Article Text
FAILED BANK RECEIVER HAS POWER TO COLLECT OMAHA. (/P). An order empowering R. O. Brownell, receiver for the Bank of Waterloo, to proceed with collection of double liability funds from stockholders to make up deficit of 30 was issued in district court here Wednesday. Money realized thus far from assets of the defunct bank which have been applied on
2.January 16, 1932The Omaha Evening Bee-NewsOmaha, NE
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Article Text
BROWNELL DISCHARGED AS BANK RECEIVER
Brownell was discharged receiver of the Citizens State bank Ralston, American State bank Omaha, Bank of Waterloo and Bennington State bank by District Judge Charles Foster, orders signed Saturday. These bank- liquidations are complete.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.