Citizens State Bank - Epping, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 4, 1931
Location: Epping, North Dakota (48.279, -103.357)

Metadata

Model: gpt-5-mini
Short Digest: 8ca67493

Response Measures

None

Description

Article (Bismarck Tribune, 1931-02-04) reports the Citizens State Bank of Epping as a closed bank with a receiver (L. R. Baird) paying a dividend to depositors. No run is mentioned; the bank is in receivership and paying dividends, so this is a suspension/closure with receivership (government action). Dates use the publication date as the announcement date.

Events (3)

1. February 4, 1931 Other

Newspaper Excerpt: Payment is being made through the office of J. P. Reeve, district manager at Burlington. Baird also announces that the five per cent dividend which is being paid to the depositors of the Farmers ...
Source: newspapers

2. February 4, 1931 Receivership

Newspaper Excerpt: L. R. Baird, receiver of closed banks, announced ... A dividend of 10 per cent is being paid to the depositors of the Citizen's State Bank of Epping. Payment is being made through the office of J. P. Reeve, district manager at Burlington.
Source: newspapers

3. February 4, 1931 Suspension

Cause: Government Action
Cause Details: Bank was closed and placed in receivership; receiver L. R. Baird administering payments to depositors.
Newspaper Excerpt: A dividend of 10 per cent is being paid to the depositors of the Citizen's State Bank of Epping.
Source: newspapers

Newspaper Articles (1)

1. February 4, 1931 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, February 4, 1931

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Article Text

Three Closed Banks Paying Dividends L. R. Baird, receiver of closed banks, announced Wednesday that a dividend is being paid to the depositors of three closed banks in North Dakota. C. W. Conroy, district manager at Devils Lake, is paying a 10 per cent dividend to the depositors of the Bordulac States Bank. A dividend of 10 per cent is being paid to the depositors of the Citizen's State Bank of Epping. Payment is being made through the office of J. P. Reeve, district manager at Burlington. Baird also announces that the five per cent dividend which is being paid to the depositors of the Farmers