11250. Citizens Bank (Walhalla, ND)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 4, 1930
Location
Walhalla, North Dakota (48.923, -97.918)

Metadata

Model
gpt-5-mini
Short Digest
700556910c55939f

Response Measures

None

Description

Articles (Jan 4, 1930) report the Citizens Bank of Walhalla is closed and a receiver (L. R. Baird) is paying a 10% dividend to depositors. There is no mention of a prior run; the bank is in receivership/closed, so classified as a suspension leading to permanent closure. Bank type inferred as state (name lacks 'National' or 'Trust'); this is uncertain.

Events (2)
1. January 4, 1930 Receivership
Newspaper Excerpt
Payment of a dividend of 10 per cent to depositors of the closed Citizens bank of Walhalla, Pembina county, has been announced by L. R. Baird, receiver. C. W. Conroy, district manager at Devils Lake, is making the payments.
Source
newspapers
2. * Suspension
Cause Details
Article states bank is closed and in receivership; no cause given in text.
Newspaper Excerpt
the closed Citizens bank of Walhalla, Pembina county
Source
newspapers

Newspaper Articles (2)
1. January 4, 1930 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, January 4, 1930

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Article Text

WALHALLA BANK PAYS Payment of a dividend of 10 per cent to depositors of the closed Citizens bank of Walhalla, Pembina county, has been announced by L. R. Baird. receiver. C. W. Conroy, district manager at Devils Lake, is making the payments.

2. January 4, 1930 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, January 4, 1930

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Article Text

10 Per Cent Dividend Is Given Depositors Of Bank at Walhalla Payment of a dividend of 10 per cent to depositors of the closed Citizens Bank of Walhalla, Pembina county, has been announced by L. R. Baird, receiver. C. W. Conroy, district manager at Devils Lake, is making the payments.