Bank of Avoca (Avoca, NE)

Episode Information

Episode UID
76064471610
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7606447 routing
Routing Number
76-0644
Start Date
February 21, 1934
Location
Avoca, Nebraska (40.796, -96.118)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
0aa4bbcd4aa64522

Response Measures

None

Description

Article lists a dividend paid to depositors by the state banking department, implying prior failure and receivership; exact suspension date not provided.

Events (1)
1. February 21, 1934 Receivership
Newspaper Excerpt
Bank of Avoca, first dividend of 10 per cent, $5,296.
Source
newspapers

Newspaper Articles (2)
1. February 21, 1934 The Grand Island Independent Grand Island, NE

Article Text

PAY DIVIDENDS Lincoln, Feb. 21. (AP)—The state banking department today paid the following dividends to failed banks depositors: Hebron State bank, first dividend of 25 per cent, $33,036. Bank of Avoca, first dividend of 10 per cent, $5,296. State bank of Bee, 15 per cent dividend, $12,234, bringing amount returned to 50 per cent or $40,782. Marion State bank, 4.8 per cent dividend, $2,985, bringing amount returned to 44.8 per cent or $27,877.

2. February 21, 1934 The Grand Island Independent Grand Island, NE

Article Text

Hebron State bank, first dividend of 25 per cent, $33,036. Bank of Avoca, first dividend of 10 per cent, $5,296. State bank of Bee, 15 per cent dividend, $12,234, bringing amount returned to 50 per cent or $40,782. Marion State bank, 4.8 per cent dividend, $2,985, bringing amount returned to 44.8 per cent or $27,877.