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NEBRASKA BANKS GET 2 MILLION FROM RFC
Federal Loans Authorized to Receivers in Two Year Period.
WASHINGTON. (AP). Receivers of closed Nebraska banks were authorized to borrow $2,022,653.43 from the RFC between Feb. 2, 1932, and May 18, 1934. The largest individual loan authorized $175,000 to the Farmers State bank of Columbus. The Farmers State of Kearney borrowed $141,750, and the Norfolk National bank $130,000.
Besides the loans to closed bank receivers, the RFC also authorized a loan of $50,000 to the Fremont Mortgage company.
The complete table of loans follows:
Auburn, First National bank......$49,000
Aurora, Fidelity State........... 49,675
Benkelman, Farmers & Merchants.. 37,500
Brainard, Brainard State......... 11,300
Bladen, Exchange bank............ 13,500
Carroll, Carroll State........... 60,000
Clarson, Farmers State........... 35,000
Clatonia, Clatonia State......... 15,400
Columbus, Commercial Nat'l....... 60,000
Columbus, Farmers State.........175,000
Cotesfield, First State.......... 20,800
Craig, First National............ 37,500
Creighton, Creighton National..... 17,000
Dorchester, Bank of Dorchester.... 31,107
Duncan, Duncan State............. 53,250
Elkhorn, State Bank of Elkhorn... 25,800
Farwell, Farwell State........... 25,275
Firth, Firth bank................ 42,000
Fremont, Union National.......... 85,000
Friend, Friend State............. 29,322
Gandy, Bank of Logan county...... 31,000
Glenvill, First National......... 25,000
Gretna, Bank of Gretna........... 13,450
Hampton, Farmers State........... 10,500
Hazard, Hazard State............. 15,000
Henderson, Bank of Henderson..... 6,750
Henderson, Farmers State......... 8,500
Holdrege, Philps County bank..... 50,000
Hooper, Hooper State............. 40,000
Inavale, Bank of Inavale......... 16,000
Kearney, Farmers State..........141,750
Litchfield, First National....... 70,000
Loup City, American State........ 14,275
Louisville, Bank of Commerce..... 30,248
Lyons, Farmers bank.............. 30,000
Madison, First National.......... 83,000
McCook, Farmers & Merchants.... 26,000
Mullen, Citizens State........... 22,500
Naper, First National............ 5,100
Norfolk, Norfolk Nat'l..........130,000
Oakland, First National.......... 12,000
Platte Center, Platte County bank 36,900
Pilger, Pilger State............. 20,000
Rockville, Rockville State....... 25,000
Rogers, Bank of Rogers........... 19,000
St. Edward, Smith Nat'l bank..... 36,000