Thompson State Bank - Thompson Falls, MT

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 30, 1924
Location: Thompson Falls, Montana (47.597, -115.344)

Metadata

Model: gpt-5-mini
Short Digest: 3feb6801

Response Measures

None

Description

Article (dateline Missoula Jan. 30, 1924) reports the Farmers' and Merchants' Bank at Plains failed to open its doors Saturday following the closing of the American Bank and Trust Co. in Missoula. No run is mentioned; closure is reported among several Montana state banks and appears permanent in this brief notice (no reopening reported).

Events (1)

1. January 30, 1924 Suspension

Cause: Local Banks
Cause Details: Closed following the closing of the American Bank and Trust Company in Missoula and other regional bank failures; part of wider local bank closures in western Montana.
Newspaper Excerpt: The institutions affected were the Farmers' and Merchants' bank at -Plaine ... closed Saturday
Source: newspapers

Newspaper Articles (1)

1. February 1, 1924 The Producers News Plentywood, MT

Article from The Producers News, February 1, 1924

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Article Text

THREE MORE BANKS CLOSE IN MONTANA OTHER WESTERN MONTANA INSTITUTIONS REPORTED IN STATE OF SUSPENDED ANIMATION. Missoula, Jan. 30.-Several other banks in western Montana were closed Saturday fallowing the closing Friday of the American Bank and Trust company here. The institutions affected were the Farmers' and Merchants' bank at -Plaine, the Thompson State Bank at Thompson Falls and the First National Bank at Ronan. John Dahlgren. president of the bank that closed here, is president also of two of the banks that failed to open their doors Saturday. Mr. Dahlgren says, however, that there is no connection between the smaller banks and the American Bank and Trust company. All of the banks that closed Saturday, excepting two, are state institutions.