Farmers State Bank (Ruskin, NE)

Episode Information

Episode UID
76055471540
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7605547 routing
Routing Number
76-0554
Start Date
April 7, 1928
Location
Ruskin, Nebraska (40.144, -97.869)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
5a808150cc694b9e

Response Measures

None

Description

Bank suspended and was sold/merged into Ruskin State Bank; no run mentioned.

Events (1)
1. April 7, 1928 Suspension
Cause
Voluntary Liquidation
Cause Details
Sold fixtures and business to the Ruskin State Bank and consolidated; suspension accompanied by sale/merger.
Newspaper Excerpt
After being actively engaged in business in Ruskin for twenythree years, the Farmers State Bank suspended business to the public Saturday, April 7.
Source
newspapers

Newspaper Articles (2)
1. April 12, 1928 The Ruskin Leader Ruskin, NE
Article from The Ruskin Leader, April 12, 1928

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Article Text

Farmers State Bank Sells After being actively engaged in business in Ruskin for twenythree years, the Farmers State Bank suspended business to the public Saturday, April 7. The Ruskin State Bank purchased the fixtures and business and the two banks consolidated. The Farmers State Bank under the management of J. B, Parsons was given a charte rin 1905. During the time of its existance it was under teh management of J. R. Parsons, Percy Baird, J. C. Dillon and B. C. Wehrman, Mr. Wehrman will continue with the Ruskin State Bank for a couple of months until everything is straightened out. We are sorry to loose the Farmers State Bank for it means one more empty business building and probably the loss of another family.

2. April 19, 1928 Superior Weekly Journal Superior, NE
Article from Superior Weekly Journal, April 19, 1928

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Article Text

FARMERS STATE BANK SELLS From the Ruskin News. After being actively engaged in business in Ruskin for twenty-three years, the Farmers State Bank suspended business to the public Saturday, April 7. The Ruskin State Bank purchased the fixtures and business and the two banks consolidated. The Farmers State Bank under the management of J. R. Parsons was given a charter in 1905. During the time of its existence it was under the management of J. R. Parsons, Percy Baird, J. C. Dillon and B. C. Wehrman. Mr. Wehrman will continue with the Ruskin State Bank for a couple of months until everything is straightened out. We are sorry to lose the Farmers State Bank for it means one more empty business building and probably the loss of another family.