Eureka Bank - Eureka, KS

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: *
Location: Eureka, Kansas (37.824, -96.289)

Metadata

Model: gpt-5-mini
Short Digest: d0beb7cd

Response Measures

None

Description

Article excerpt states that the bank later ... suspended in the context of alleged criminal inducements and indictments against individuals connected with deposits. No explicit date, reopening, or receivership mentioned in the excerpt; the strong criminal context implies bank-specific adverse information leading to suspension and likely permanent closure — classified as suspension_closure with some uncertainty because the article fragment does not state a receiver was appointed or that the closure was permanent.

Events (1)

1. * Suspension

Cause: Bank Specific Adverse Info
Cause Details: Suspension occurred amid indictments and allegations that individuals induced a $100,000 deposit and were involved in wrongdoing related to the bank's affairs; criminal investigation context suggests bank-specific adverse information/possible fraud led to suspension.
Newspaper Excerpt: Later the bank suspended
Source: newspapers

Newspaper Articles (1)

1. October 11, 1927 Waukegan News-Sun Waukegan, IL

Article from Waukegan News-Sun, October 11, 1927

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Article Text

OVERTURES MADE MARTIN TURN ACCOMPLICE (Continued From Page One). the story. the other four minds they cannot Bracher made short public statement the declaring that he had been induced by Martin, Busick and to deposit the $100,000 in the Eureka, Kas., bank. Later the bank suspended Pearsall, he said, had knowledge of the office year later. Martin, Busfek. Pearsall and Nye had kept their lips sealed. McCarthy Statement Attorney Jay McCarthy, counsel Martin. scoffed the idea of Martin turning state's going to fight the way through, We in to demurr on these new indictments, They don't worry than the first why should he turn state's evidence? What does know? He can't tell the state anything," the attorney declared. can't that he has made over tures to the state," he he asked, "can you deny that he 'No, of course not, but going to fight all the he countered. Col. Smith is going to die hard on his fight to bring the five to immediate trial. Right along he has ed to try the treasury case first of all but reports from the defense camp are to the effect that will take month before the defendants can be brought before jury.