Greeley Loan & Trust Company (Greeley, CO)

Episode Information

Episode UID
82003871464
Episode Type
Suspension → Closure
Bank Type
trust
Bank ID
8200387 routing
Routing Number
82-0038
Start Date
December 28, 1921
Location
Greeley, Colorado (40.423, -104.709)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
18efe59b597578b6

Response Measures

None

Description

Articles state the bank has been in the hands of the state bank examiner but do not state reopening or formal receivership for the bank; closure inferred as unresolved.

Events (2)
1. December 28, 1921 Receivership
Newspaper Excerpt
The Greeley Loan company ... was placed in the hands of a receiver here today on petition of creditors. W. A. Insinger of Greeley was appointed receiver; the court action followed the suicide December 19 of R. A. Hoffman, president of the company.
Source
newspapers
2. December 28, 1921 Suspension
Cause
Government Action
Cause Details
Placed under control of state bank examiner (Grant McFerson) and taken into his hands for at least a week.
Newspaper Excerpt
The Greeley Loan & Trust company, a bank closely connected with the Greeley Loan company, has been in the hands of Grant McFerson, state bank examiner for the last week.
Source
newspapers

Newspaper Articles (3)
1. December 28, 1921 The Evening Herald Albuquerque, NM
Article from The Evening Herald, December 28, 1921

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Article Text

Greeley Loan Co. In Receivership GREELEY Colo. Dec. 28.-The Greeley Loan company a corporation doing a general insurance, real estate. loan and investment business here. with a capital of $150,000. was placed in the hands of a receiver here today on petition of creditors. W A. Insinger of Greeley was appointed receiver The court action followed the suicide December 19 of R. A. Hoffman president of the company The Greeley Loan and Trust company a bank closely connected with the Greeley Loan company has been in the hands of Grant McFerson state bank examiner for the last week The Greeley Loan company accordIng to the petition asking the receiver. has liabilities of more than $250.000, while the amount of its assets cannot be determined the petition states, because of the "tangled and confused state" of the company's books

2. December 29, 1921 Casper Daily Tribune Casper, WY
Article from Casper Daily Tribune, December 29, 1921

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Article Text

Loan Company Goes in Hands Of a Receeiver GREELEY, Colo., Dec. 29.- The Greeley Loan company, a corporation doing a general insurance, real estate loan and investment here, with a capital of 150,000 was placed in the hands of a receiver here on petition of creditors. W. A. Insinger of Greeley was appointed receiver. The court action followed the suicide December 19, of R. A. Hoffman, prestdent of the company. The Greeley Loan & Trust company, a bank closely connected with the Greeley Loan company, has been in the hands of Grant McFerson, state bank examiner, for the last week. The Greeley Loan company, accordIng to the petition asking the receiver, has liabilities of more than $250,000 while the amount of its assets cannot be determined, the petition states, because of the "tangled and confused state" of the company's books.

3. December 29, 1921 Albuquerque Morning Journal Albuquerque, NM
Article from Albuquerque Morning Journal, December 29, 1921

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Article Text

LOAN COMPANY PLACED IN RECEIVER'S HANDS (By The Associated Press.) Greeley, Colo., Dec. 28.-The Greeley Loan company, a corporation doing a general insurance, real estate, loan and investment here, with a capital of $150,000, was placed in the hands of a receiver here today on petition of creditors. W. A. Insinger of Greeley was appointed receiver. The court action followed the suicide December 19 of R. A. Hoffman, president of the company. The Greeley Loan and Trust company, a bank closely connected with the Greeley Loan company, has been in the hands of Grant McFerson, state bank commissioner for the last week. The Greeley Loan company, according to the petition asking the receiver, has liabilities of more than $250,000 while the amount of its assets cannot be determined, the petition states, because of the "tangled and confused state" of the company's books.