Commercial National Bank - Great Falls, MT

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 10530
Charter Number: 10530
Start Date: October 5, 1920
Location: Great Falls, Montana (47.500, -111.301)

Metadata

Model: gpt-5-mini
Short Digest: 842f4bfc

Response Measures

None

Description

Article reports the Commercial National Bank of Great Falls closed its doors October 5, 1920 and a receiver (T. E. McClintock) who announced a dividend in 1924. No run is mentioned; the bank was closed and in receivership, indicating permanent closure.

Events (2)

1. October 5, 1920 Receivership

Newspaper Excerpt: Receiver T. E. McClintock of the Commercial National bank of Great Falls, which closed its doors October 5. 1920, that a dividend of 15 per cent will be paid within the next two weeks, the dividend checks now being in Washington for signature.
Source: newspapers

2. October 5, 1920 Suspension

Cause: Government Action
Cause Details: Bank closed and placed in receivership (receiver T. E. McClintock) on October 5, 1920
Newspaper Excerpt: the Commercial National bank of Great Falls, which closed its doors October 5. 1920
Source: newspapers

Newspaper Articles (1)

1. June 5, 1924 Belt Valley Times Belt, Armington, MT

Article from Belt Valley Times, June 5, 1924

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Article Text

Receiver Announces Dividend Announcement is made by Receiver T. E. McClintock of the Commercial National bank of Great Falls, which closed its doors October 5. 1920, that a dividend of 15 per cent will be paid within the next two weeks, the dividend checks now being in Washington for signature. The total of the dividend, which is the first to be paid, amounts to $220,000.