Citizens State Bank - Roundup, MT

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: May 25, 1933
Location: Roundup, Montana (46.445, -108.542)

Metadata

Model: gpt-5-mini
Short Digest: 7a20ee8f

Response Measures

None

Description

Article (Billings Gazette, 1933-05-25) refers to the bank as defunct and mentions a liquidating agent of the state banking department selling the former bank building for the benefit of creditors. No run is described; the bank was closed and in liquidation (government/state action).

Events (3)

1. May 25, 1933 Other

Newspaper Excerpt: negotiations for the sale of the building formerly occupied by the defunct Citizens State bank at Roundup are under way. The structure will be sold to coal company ... for the benefit [of] creditors
Source: newspapers

2. May 25, 1933 Receivership

Newspaper Excerpt: Kleve, liquidating agent for the state banking department Wednesday said negotiations for the sale of the building formerly occupied by the defunct Citizens State bank at Roundup are under way. The structure will be sold ... for the benefit [of] creditors, Kleve said, the district court approves the transaction.
Source: newspapers

3. * Suspension

Cause: Government Action
Cause Details: Placed into liquidation by the state banking department (closed/failed under state supervision).
Newspaper Excerpt: the defunct Citizens State bank at Roundup ... Kleve, liquidating agent for the state banking department
Source: newspapers

Newspaper Articles (1)

1. May 25, 1933 The Billings Gazette Billings, MT

Article from The Billings Gazette, May 25, 1933

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Article Text

WOULD SELL BUILDING. Helena, May L. Kleve, liquidating agent for the state banking department Wednesday said negotiations for the sale of the building formerly occupied by the defunct Citizens State bank at Roundup are under way. The structure will be sold to coal company for for the benefit creditors, Kleve said, the district court approves the transaction.