State Bank - Cooperstown, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 11, 1929
Location: Cooperstown, North Dakota (47.444, -98.124)

Metadata

Model: gpt-5-mini
Short Digest: 18a59c5ce4397683

Response Measures

None

Description

Article states the 'closed state banks of Revere and Cooperstown' and that the receiver is paying dividends—indicates the State Bank of Cooperstown was closed and in receivership (permanent closure). No mention of a depositor run.

Events (2)

1. January 11, 1929 Receivership

Newspaper Excerpt: it was announced by L. R. Baird, receiver of closed state banks, here today. Depositors of both banks are being paid through C. W. Conroy, district manager for the receiver at Devils Lake. (The Bismarck Tribune, 1929-01-11).
Source: newspapers

2. * Suspension

Cause: Government Action
Cause Details: Bank was closed and placed in receivership; receiver L. R. Baird administering dividends.
Newspaper Excerpt: Depositors of the closed state banks of Revere and Cooperstown, are being paid dividends ... it was announced by L. R. Baird, receiver of closed state banks, here today.
Source: newspapers

Newspaper Articles (1)

1. January 11, 1929 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, January 11, 1929

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Article Text

Revere, Cooperstown Banks Pay Dividends Depositors of the closed state banks of Revere and Cooperstown, are being paid dividends of 25 per cent and 10 per cent respectively, it was announced by L. R. Baird, receiver of closed state banks, here today. Depositors of both banks are being paid through C. W. Conroy, district manager for the receiver at Devils Lake.