State Bank - Hoople, ND

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: February 5, 1923
Location: Hoople, North Dakota (48.535, -97.635)

Metadata

Model: gpt-5-mini
Short Digest: 484ee919

Response Measures

None

Description

The State Bank of Hoople suspended business Feb 5, 1923 under the special depositors provision of the Guaranty Fund act and reopened Aug 27, 1924. No run or depositor panic is mentioned in the article; this appears to be a suspension under a statutory/regulatory provision followed by reopening.

Events (2)

1. February 5, 1923 Suspension

Cause: Government Action
Cause Details: Suspended business under the special depositors provision of the Guaranty Fund Act (statutory/regulatory suspension).
Newspaper Excerpt: reopened today after suspending business under the special depositors provision of the Guaranty Fund act, on Feb. 5, 1923.
Source: newspapers

2. August 27, 1924 Reopening

Newspaper Excerpt: HOOPLE STATE BANK REOPENS; CLOSED FEB. 5 The State Bank of Hoople, N. D. reopened today ...
Source: newspapers

Newspaper Articles (1)

1. August 27, 1924 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, August 27, 1924

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Article Text

HOOPLE STATE BANK REOPENS; CLOSED FEB. 5 The State Bank of Hoople, N. D. reopened today after suspending business under the special depositors provision of the Guaranty Fund act, on Feb. 5, 1923. The bank reopened with capital of $2500; surplus of $4500, and deposits of $330,000.