Marion State Bank (Marion, NE)

Episode Information

Episode Type
Suspension β†’ Closure
Start Date
February 21, 1934
Location
Marion, Nebraska (40.016, -100.480)
Bank Type
state
Routing Number
76-0795

Metadata

Events (1)

1. February 21, 1934 Receivership
Newspaper Excerpt
Marion State bank, 4.8 per cent dividend, $2,985, bringing amount returned to 44.8 per cent or $27,877.
Source
newspapers

Newspaper Articles (2)

Article Text

PAY DIVIDENDS

Lincoln, Feb. 21. (AP)β€”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.


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.