Farmers Bank - Bergen, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: May 3, 1929
Location: Bergen, North Dakota (48.002, -100.715)

Metadata

Model: gpt-5-mini
Short Digest: 050fcf73

Response Measures

None

Description

Article indicates the Farmers Bank of Bergen was a closed state bank with a receiver paying a 30% dividend to depositors. No mention of a prior run; the bank is in receivership/closed. Classified as suspension_closure (suspension leading to permanent closure/receivership).

Events (2)

1. May 3, 1929 Receivership

Newspaper Excerpt: Payment ... was announced Thursday by the receiver of closed state banks. Payment is being made through G. R. Van Sickle, district agent for the receiver at Minot.
Source: newspapers

2. May 3, 1929 Suspension

Cause: Government Action
Cause Details: Bank had been closed and placed in receivership by state authorities; receiver is paying dividends to depositors.
Newspaper Excerpt: Payment of a 30 per cent dividend to depositors of the Farmers Bank of Bergen was announced Thursday by the receiver of closed state banks.
Source: newspapers

Newspaper Articles (1)

1. May 3, 1929 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, May 3, 1929

Click image to open full size in new tab

Article Text

BERGEN BANK PAYS Payment of a 30 per cent dividend to depositors of the Farmers Bank of Bergen was announced Thursday by the receiver of closed state banks. Payment is being made through G. R. Van Sickle, district agent for the rcceiver at Minot.