State Bank - Finley, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: March 1, 1930
Location: Finley, North Dakota (47.514, -97.836)

Metadata

Model: gpt-5-mini
Short Digest: 4e614f01

Response Measures

None

Description

Article (Mar 1, 1930) states the State Bank of Finley is in receivership and the receiver is paying dividends to depositors. No mention of a run or reopening; evidence indicates the bank was closed and under a receiver (permanent closure).

Events (1)

1. March 1, 1930 Receivership

Newspaper Excerpt: FINLEY BANK PAYS A 15 per cent dividend is being paid to the depositors in the State Bank of Finley, through O. L. Engen, district manager of the receiver's bureau, it is announced by L. R. Baird, receiver here.
Source: newspapers

Newspaper Articles (1)

1. March 1, 1930 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, March 1, 1930

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Article Text

FINLEY BANK PAYS A 15 per cent dividend is being paid to the depositors in the State Bank of Finley, through O. L. Engen, district manager of the receiver's bureau, it is announced by L. R. Baird, receiver here. This makes total dividends of 35 per cent paid by the bank so far.