Marion State Bank - Marion, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: March 7, 1930
Location: Marion, North Dakota (46.607, -98.332)

Metadata

Model: gpt-5-mini
Short Digest: e5827317

Response Measures

None

Description

Article (Bismarck Tribune 1930-03-07) states the Marion State Bank is closed and that its receiver is paying dividends to depositors. No mention of a prior depositor run in the provided text. Therefore this appears to be a suspended/closed bank in receivership with dividend payments.

Events (1)

1. March 7, 1930 Receivership

Newspaper Excerpt: MARION BANK PAYS Depositors of the closed Marion State bank are being paid a dividend of 10 per cent, bringing total dividends paid by this bank to 35 per cent, according to L. R. Baird, receiver. Payment is being made through A. E. Jones, Lisbon.
Source: newspapers

Newspaper Articles (1)

1. March 7, 1930 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, March 7, 1930

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Article Text

MARION BANK PAYS Depositors of the closed Marion State bank are being paid a dividend of 10 per cent, bringing total dividends paid by this bank to 35 per cent, according to L. R. Baird, receiver. Payment is being made through A. E. Jones, Lisbon.