Thurston State Bank (Thurston, NE)

Episode Information

Episode UID
76089071537
Episode Type
Run → Suspension → Closure
Bank Type
state
Bank ID
7608907 routing
Routing Number
76-0890
Start Date
January 5, 1928
Location
Thurston, Nebraska (42.177, -96.701)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
0f1d22a36e8318f1

Response Measures

None

Description

Taken over by the State Guarantee Fund and operated by personnel from Liberty State Bank.

Events (3)
1. January 5, 1928 Run
Cause
Rumor Or Misinformation
Cause Details
Enemies circulated rumors about the bank's condition, precipitating heavy withdrawals the prior forenoon.
Measures
Officers assured depositors their funds were safe, cited protection by the guaranty fund, and prepared suits against rumor-mongers.
Newspaper Excerpt
circulated rumors concerning the condition of the bank which precipitated a run on the bank yesterday forenoon
Source
newspapers
2. January 13, 1928 Receivership
Newspaper Excerpt
has been taken over by the State Guarantee Fund commission will be and operated by the men in charge of the Liberty State Bank
Source
newspapers
3. January 13, 1928 Suspension
Cause
Government Action
Cause Details
Bank was closed and taken over by the State Guarantee Fund commission, to be operated by men in charge of Liberty State Bank.
Newspaper Excerpt
Bank Closes The Thurston State President E. Haneock of the Thurston State Bank tells us the bank has been closed and has been taken over by the State Guarantee Fund commission
Source
newspapers

Newspaper Articles (3)
1. January 6, 1928 The Pender Republic Pender, NE
Article from The Pender Republic, January 6, 1928

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Article Text

Phones: -Office 182. Residence 69 Suit to be Filed Today. It is reported that certain ene. mies of the Thursday State Bank at Thurston, circulated rumors concerning the condition of the bank which precipitated a run on the bank yesterday forenoon The run was soon quelled by the officers who assured the deposit ors demanding. their deposits that they were entirely safe, pro. tected by the guaranty fund, and that there was no intention on the part-of the officers to close the bank, but that they would continue to conduct it and take care of its customers. Officers of the bank were in Pender consulting with the bank's attorney and suit against one of the more persistent of fenders is being prepared and will be filed today, followed by other suits if the situation demands, we are informed.

2. January 11, 1928 The Laurel Advocate Laurel, NE
Article from The Laurel Advocate, January 11, 1928

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Article Text

SUIT TO BE FILED TODAY It is reported that certain enemies of the Thursday State bank at Thurston, circulated rumors concerning the condition of the bank which precipitated a run on the bank yesterday forenoon. The run was soon quelled by the officers who assured the depositors demanding their deposits that

3. January 13, 1928 The Pender Times Pender, NE
Article from The Pender Times, January 13, 1928

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Article Text

Bank Closes The Thurston State President E. Haneock of the Thurston State Bank tells us the bank has been closed and has been taken over by the State Guarantee Fund commission will be and operated by the men in charge of the Liberty State Bank.