First State Bank - Hayland, NE

Episode Information

Episode UID: 76096871609
Episode Type: Suspension → Closure
Bank Type: state
Bank ID: 7609687 routing
Routing Number: 76-0968
Start Date: January 8, 1934
Location: Hayland, Nebraska (40.665, -98.587)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 975cfd4831ce6c7d

Response Measures

None

Events (2)

1. January 8, 1934 Suspension

Cause: Voluntary Liquidation
Cause Details: Suspended on January 8 specifically for liquidation of the bank's affairs
Newspaper Excerpt: the First State bank here which suspended January 8 for liquidation
Source: newspapers

2. March 7, 1934 Other

Newspaper Excerpt: Fred Ernstmeyer ... announced the institution has paid its 221 depositors in full.
Source: newspapers

Newspaper Articles (1)

1. March 7, 1934 The Grand Island Independent Grand Island, NE

Article Text

DEPOSITORS IN CLOSED BANK PAID IN FULL Hayland, Neb., March 7. (AP)—Fred Ernstmeyer, vice president and cashier of the First State bank here which suspended January 8 for liquidation, yesterday announced the institution has paid its 221 depositors in full.

Episode Information

Metadata

Response Measures

Events (2)

Newspaper Articles (1)

Article Text

Bank runs are almost always and everywhere a deterioration of bank fundamentals.

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