Gangsters rob First Savings & Trust Bank

COLFAX — On September 21, 1932, three notorious criminals—George “Machine Gun” Kelly, Albert Bates, and Edward “Eddie” Bentz—executed a daring robbery at the First Savings & Trust Bank.

The gang stole $71,605 in cash and securities, which, adjusted for inflation, would be equivalent to approximately $1,643,988.08 today. This represents a staggering increase of $1,572,383.08 over 92 years.

The heist began around 2:30 p.m. when the armed men stormed the bank located at 102 North Main Street, a sturdy two-story building with a flat roof and front columns topped with scrollwork.

They ordered emplo...