12072. Farmers Bank (Bergen, ND)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
September 1, 1930*
Location
Bergen, North Dakota (48.002, -100.715)

Metadata

Model
gpt-5-mini
Short Digest
5ea2a40b

Response Measures

None

Description

Articles (Sept 27 and 29, 1930) state the Farmers Bank of Bergen is a 'closed' bank in receivership and paying a receivership dividend. No run is mentioned. Therefore this is a suspension/closure with receiver.

Events (2)

1. September 1, 1930* Suspension
Cause
Government Action
Cause Details
Bank is closed and placed in receivership (payments being made through district receiver).
Newspaper Excerpt
Depositors of the closed Farmers Bank of Bergen are being paid a second dividend ... according to the receiver's office.
Source
newspapers
2. September 27, 1930 Receivership
Newspaper Excerpt
The Farmers bank, of Bergen, is paying a second receivership dividend of 10 per cent through the office of G.R. Van Sickle, district manager at ... (Bismarck Tribune, 1930-09-27).
Source
newspapers

Newspaper Articles (2)

Article from The Bismarck Tribune, September 27, 1930

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Article Text

BERGEN BANK PAYS 10 P. C. The Farmers bank, of Bergen, is paying a second receivership dividend of 10 per cent through the office of G.R. Van Sickle, district manager at


Article from The Bismarck Tribune, September 29, 1930

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Article Text

DIVIDEND BEING PAID Depositors of the closed Farmers Bank of Bergen are being paid a second dividend of 10 per cent. according to the receiver's office. Payment is being made through the district receiver, G.R. Van Sickle, Minot.