Article Text
SHUBERT RESIGNS AS NEOGA BANK RECEIVER Neoga. Jan. Shubert receiver of the Neoga National Bank insolvent, resigned Thursday, send ing his message resignation the comptroller of the currency Wash ington.
Neoga National Bank (Neoga, IL)
Episode Information
- Episode UID
784101525- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
-
78410national - Charter Number
- 7841
- Start Date
- January 1, 1927*
- Location
- Neoga, Illinois (39.319, -88.453)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
9e3fc2b9537a424d
Response Measures
None
Receivership Details
- Depositor recovery rate
- 60.0%
- Date receivership started
- 1925-01-21
- Date receivership terminated
- 1929-05-31
- OCC cause of failure
- Governance
- Share of assets assessed as good
- 46.1%
- Share of assets assessed as doubtful
- 31.0%
- Share of assets assessed as worthless
- 23.0%
Description
Receiver in charge and described as insolvent, indicating closure.
Events (3)
1.
July 24, 1905
Chartered
- Source
- historical_nic
2.
January 21, 1925
Receivership
- Source
- historical_nic
3.
January 1, 1927*
Receivership
- Newspaper Excerpt
- Shubert receiver of the Neoga National Bank insolvent, resigned Thursday, sending his resignation to the comptroller of the currency Washington.
- Source
- newspapers
Newspaper Articles (1)
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