Granville State Bank - Granville, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: March 10, 1926
Location: Granville, North Dakota (48.268, -100.843)

Metadata

Model: gpt-5-mini
Short Digest: 31e557b1

Response Measures

None

Description

Article (Grand Forks Herald, 1926-03-10) states the Granville State Bank is 'closed' and depositors will receive dividends from the Depositors Guaranty Fund, indicating the bank failed and is under liquidation/receivership. No run is mentioned in the text.

Events (2)

1. March 10, 1926 Receivership

Newspaper Excerpt: Depositors ... in the closed Granville State bank are to be paid dividends by the Depositors Guaranty Fund; Accredited claims ... will be paid in full; over that ... 10 per cent will be paid.
Source: newspapers

2. March 10, 1926 Suspension

Cause: Government Action
Cause Details: Bank is closed and depositors are to be paid by the Depositors Guaranty Fund (state-level guaranty/receivership process).
Newspaper Excerpt: closed Granville State bank are to be paid dividends by the Depositors Guaranty Fund
Source: newspapers

Newspaper Articles (1)

1. March 10, 1926 Grand Forks Herald Grand Forks, ND

Article from Grand Forks Herald, March 10, 1926

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Article Text

Granville Depositors Will Get Dividend Granville, N. D., March positors in the closed Granville State bank are to be paid dividends by the Depositors Guaranty Fund Accredited claims of not more than $12 will be paid in full; over that and under flat dividend of $10 amounts over $100, 10 per cent will be paid. FARCE FOR COLUMBUS. Columbus, farce comedy three will be presented by Cotalent at high school Friday March Members the cast Mahoney, Ethel Sundlie, Lillian Harriet Ernest Grina, Ralph Kindler, Clara Dock,