Bank of Avoca (Avoca, NE)

Episode Information

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

Metadata

Episode ID
Bank ID
City ID
310827125
Model
gpt-5-mini
Short Digest

Notes

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.