Peoples Bank - Upland, NE

Episode Information

Episode UID: 76052071582
Episode Type: Suspension → Closure
Bank Type: state
Bank ID: 7605207 routing
Routing Number: 76-0520
Start Date: October 1, 1931*
Location: Upland, Nebraska (40.319, -98.901)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 33307a4129a6a680

Response Measures

None

Events (2)

1. October 1, 1931* Suspension

Cause Details: Article states the bank has been closed since October (1931) but gives no cause.
Newspaper Excerpt: The Peoples Bank, which has been closed since last October
Source: newspapers

2. May 23, 1932 Receivership

Newspaper Excerpt: The Peoples Bank ... went into receivership May 23 and A. P. Sullivan is agent in charge in the two banks here and the Macon bank also.
Source: newspapers

Newspaper Articles (1)

1. June 2, 1932 The Hastings Daily Tribune Hastings, NE

Article Text

BANK TO RECEIVER UPLAND, June 2—The Peoples Bank, which has been closed since last October, went into receivership May 23 and A. P. Sullivan is agent in charge in the two banks here and the Macon bank also. William Osterlund is an assistant in the Macon bank. They expect to be ready to begin filing claims some time next week. Mr. Sullivan and his stenographer, Miss Irene Damel, moved to the Peoples Bank Friday evening from the Upland Banking Company.

Episode Information

Metadata

Response Measures

Events (2)

Newspaper Articles (1)

Article Text

Bank runs are almost always and everywhere a deterioration of bank fundamentals.

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