Peoples State Bank - Grand Island, NE

Episode Information

Episode Type: Suspension → Closure
Start Date: March 28, 1935
Location: Grand Island, Nebraska (40.925, -98.342)
Bank Type: state
Routing Number: 76-1229

Metadata

Episode ID
Bank ID
City ID: 310829622

Model: gpt-5-mini
Short Digest

Notes

Article uses the variant People's State Bank with an apostrophe; refers to a failed bank receiving final dividend.

Events (1)

1. March 28, 1935 Receivership

Newspaper Excerpt: Distribution of a 2.75 percent dividend totaling $5,189 as final payment to depositors of the failed People’s State Bank of Grand Island was announced late yesterday by the state banking department.
Source: newspapers

Newspaper Articles (1)

1. March 28, 1935 The Grand Island Independent Grand Island, NE

Article Text

INSPECTION OF NIGHT CLUBS

Omaha, Mar. 28. (AP)—An inspection of Omaha night clubs and beer taverns will be started in Omaha next week on orders of Fire Chief Arthur Olsen as a precautionary move to avert such a fire as occurred in a Chicago suburb cabaret last week with loss of life. All paper streamers and drapes must go and fire exits be provided, he said.

PAY FINAL DIVIDEND TO G. I. DEPOSITORS

Lincoln, Mar. 28. (AP)—Distribution of a 2.75 percent dividend totaling $5,189 as final payment to depositors of the failed People’s State Bank of Grand Island was announced late yesterday by the state banking department.