State Bank - Abercrombie, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 18, 1930
Location: Abercrombie, North Dakota (46.448, -96.730)

Metadata

Model: gpt-5-mini
Short Digest: 624daa7b

Response Measures

None

Description

Newspaper articles (Jan 18, 1930) report the State Bank of Abercrombie as a closed bank with the state receiver paying dividends to depositors. No run or reopening is described; receiver administering dividends indicates permanent closure/receivership.

Events (1)

1. January 18, 1930 Receivership

Newspaper Excerpt: Closed Bank Receiver Announces Dividends ... Ten per cent dividends were paid to depositors of the State bank of Abercrombie ... Payments were made by O. Engen, district manager for the receiver at Fargo.
Source: newspapers

Newspaper Articles (2)

1. January 18, 1930 Grand Forks Herald Grand Forks, ND

Article from Grand Forks Herald, January 18, 1930

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Article Text

Closed Bank Receiver Announces Dividends -Payment of dividends to depositors in three closed North Dakota banks was announced today by the state bank receiver Ten per cent dividends were paid to depositors of the State bank of Abercrombie and the Luvern State bank. and 20 per cent on the State bank of Page All payments were made by O. Engen, district manager for the receiver at Fargo.

2. January 18, 1930 The Forum Fargo, ND

Article from The Forum, January 18, 1930

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Article Text

Depositors of Three Banks Get Payments closed North banks today the state receiver. Ten dividends paid to of the State Bank Abercrombie and the Luthe ments district manager for the receiver at Fargo.