Commercial Bank (Grant, NE)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
March 14, 1932
Location
Grant, Nebraska (40.842, -101.725)
Bank Type
state
Routing Number
76-0736

Metadata

Events (2)

1. March 14, 1932 Receivership
Newspaper Excerpt
Depositors of the failed Commercial Bank of Grant have been paid a first dividend of 15 per cent from liquidation of the assets of the defunct Institution.
Source
newspapers
2. May 2, 1932 Other
Newspaper Excerpt
Commercial Bank, Grant, 15 per cent, $5,995.
Source
newspapers

Newspaper Articles (2)

Article Text

PAY DEPOSITOR DIVIDENDS

LINCOLN, Neb., Mar. 14-(U.P)Depositors of the failed Commercial Bank of Grant have been paid a first dividend of 15 per cent from liquidation of the assets of the defunct Institution. The dividend amounted to $5,995.61.


Article Text

BANKS PAY DIVIDENDS

LINCOLN, Neb., May Depositors of three failed state banks have received dividends from liquidation of bank assets. The banks, per cent and amount of dividends paid were as follows: State Bank of Orleans, 20 per cent, first dividend, $25,369.80. Nebraska State Bank, West Point, cent, $20,563. Commercial Bank, Grant, 15 per cent, $5,995. The re-organized former Farmers and Merchants State Bank, of Benson, reopened for business Saturday under the of the Douglas County Bank, of Omaha.