Harvel State Bank (Harvel, IL)

Episode Information

Episode UID
70134471573
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7013447 routing
Routing Number
70-1344
Start Date
January 1, 1931*
Location
Harvel, Illinois (39.356, -89.532)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
2e6bbfcc5dcabd34

Response Measures

None

Description

Bank failed in January 1931 and later placed in receivership; officers indicted for embezzlement.

Events (2)
1. January 1, 1931* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank failed (insolvency) in January 1931 amid alleged embezzlement by bank officers.
Newspaper Excerpt
which failed last January
Source
newspapers
2. April 3, 1931 Receivership
Newspaper Excerpt
attorneys for the bank's receiver; defunct Harvel State bank ... were indicted recently by the Montgomery county grand jury, both gave bond Monday
Source
newspapers

Newspaper Articles (3)
1. April 3, 1931 The Decatur Review Advertiser Decatur, IL

Article Text

Bond Is Given By Harvel Officials Hillsboro H. H. Zimmerman, president. and John A. Huber, cashier, of the defunct Harvel State bank and who were indicted recently by the Montgomery county grand jury, both gave bond Monday The bonds were signed by Edward Diller, August Best and Edward Zimmerman. Huber is named in eight of the twenty-six indictments returned and Zimmerman in five. Huber's name appears on indictments which charge larceny by embezzlement, embezzlement, larceny by embezlement by a public officer. larceny, embezzlement by receiving deposit knowing the bank to be insolvent. On five of the indictments the two officers of the bank are named jointly Judge Harry Stuttle of Litchfield will represent Huber and former Congressman Frank M. Ramey will represent Zimmerman. Dryer and Brown of Hillsboro are attorneys for the bank's receiver.

2. April 24, 1931 The Decatur Review Advertiser Decatur, IL

Article Text

Bond Is Given By Harvel Officials Hillsboro H. H. Zimmerman, president. and John A. Huber, cashier, of the defunct Harvel State bank and who were indicted recently by the Montgomery county grand jury, both gave bond Monday The bonds were signed by Edward Diller, August Best and Edward Zimmerman. Huber is named in eight of the twenty-six indictments returned and Zimmerman in five. Huber's name appears on indictments which charge larceny by embezzlement, embezzlement, larceny by embezlement by a public officer. larceny, embezzlement by receiving deposit knowing the bank to be insolvent. On five of the indictments the two officers of the bank are named jointly Judge Harry Stuttle of Litchfield will represent Huber and former Congressman Frank M. Ramey will represent Zimmerman. Dryer and Brown of Hillsboro are attorneys for the bank's receiver.

3. December 18, 1931 JG-TC: Journal Gazette and Times-Courier Mattoon, IL

Article Text

BANK CASHIER ACCUSED OF POCKETING $10,000 Hillsboro, Dec. collect $10,000 alleged to be due on the bond of John A. Huber, cashier of the Harvel State Bank, which failed last January, was filed in circuit court yesterday against the National Surety Company of New York by Clarence McNaughton of Raymond, receiver for the bank. The receiver alleges that Huber