Bank of Lusk (Lusk, WY)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
December 22, 1920
Location
Lusk, Wyoming (42.762, -104.452)
Bank Type
state
Routing Number
99-0088

Metadata

Events (1)

1. December 22, 1920 Suspension
Cause
Voluntary Liquidation
Cause Details
Voluntarily closed by officers and directors because of low reserves; will realize on outstanding assets.
Newspaper Excerpt
The Bank of Lusk, Wyo., ... were voluntarily closed by the officers and directors last Wednesday because of low reserves, according to an announcement by State Bank Examiner Hoffman.
Source
newspapers

Newspaper Articles (2)

Article from Douglas Enterprise, December 28, 1920

Click image to open full size in new tab

Article Text

TWO WYOMING BANKS CLOSED

The Bank of Lusk, Wyo., and the State Bank of Meeteetsee, Wyo., were voluntarily closed by the officers and directors last Wednesday because of low reserves, according to an announcement by State Bank Examiner Hoffman.

The Lusk institution had a capital of $50,000 and $5,000 surplus while the Meeteetsee institution had a capital of $10,000 and $5,000 surplus.

Both institutions will proceed to realize on their outstanding assets.


Article from The Guernsey Gazette, December 31, 1920

Click image to open full size in new tab

Article Text

The Bank of Lusk, Wyo., and the State Bank of Meeteetse, Wyo., have been voluntarily closed by their officers and directors because of low reserves, according to an announcement by State Bank Examiner Hoffman. The Lusk institution had a capital of $50,000 and $5,000 surplus, while the Meeteetse institution had a capital of $10,000 and $5,000 surplus.