Custer County Bank - Miles City, MT

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 16, 1928
Location: Miles City, Montana (46.408, -105.841)

Metadata

Model: gpt-5-mini
Short Digest: 84ba2db1

Response Measures

None

Description

Article (Miles City Star, 1928-12-16) describes the bank as defunct with a receiver (H. Richard) paying a dividend to creditors. No mention of a run; bank is in receivership and wound up. I inferred state charter from the county-style name (common for state-chartered banks).

Events (2)

1. December 16, 1928 Receivership

Newspaper Excerpt: Custer Bank Receiver ... H. Richard ... as receiver ... dividend of 35 per cent is now returned ... defunct receiver ... winding up affairs the bank would bring ... dividends winding up affairs the would the It 35 per cent has been made ... refund creditors the bank.
Source: newspapers

2. December 24, 1928 Other

Newspaper Excerpt: total of 35 per cent is now returned ... dividend ... December 24 ... pay holding against banking ... dividend 35 per cent will be refunded to creditors.
Source: newspapers

Newspaper Articles (1)

1. December 16, 1928 Miles City Star Miles City, MT

Article from Miles City Star, December 16, 1928

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Article Text

DIVIDEND ANNOUNCED CUSTER BANK RECEIVER Total of 35 Per Cent Is Now Returned A Christmas present H. Richard of ing according Bank the defunct receiver ter bank published appearing umn Daily Mr Richard Custer Count as receiver bank December 24 dividend per cent pay holding against banking dividend per cent 35 per will that has been refunded creditors the bank He that the Richard points involved in the collecting expense available convertible reduc minimum He was ed further liquida able banks former business would bring idends winding up affairs the would the It 35 per excellent has been made an considering the the light time in producing that result