State Bank - Page, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 18, 1930
Location: Page, North Dakota (47.160, -97.571)

Metadata

Model: gpt-5-mini
Short Digest: 286b8916

Response Measures

None

Description

Articles report the State Bank of Page as a closed bank with a state receiver paying dividends; no mention of any prior run. Classified as a suspension leading to permanent closure/receivership.

Events (2)

1. January 18, 1930 Receivership

Newspaper Excerpt: Payment of dividends to depositors in three closed North Dakota banks was announced today by the state bank receiver ... 20 per cent on the State bank of Page All payments were made by O. Engen, district manager for the receiver at Fargo.
Source: newspapers

2. January 18, 1930 Suspension

Cause: Government Action
Cause Details: Bank was closed and placed in receivership; state bank receiver administering payments to depositors.
Newspaper Excerpt: Closed Bank Receiver Announces Dividends ... 20 per cent on the State bank of Page
Source: newspapers

Newspaper Articles (1)

1. January 18, 1930 Grand Forks Herald Grand Forks, ND

Article from Grand Forks Herald, January 18, 1930

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Article Text

Closed Bank Receiver Announces Dividends -Payment of dividends to depositors in three closed North Dakota banks was announced today by the state bank receiver Ten per cent dividends were paid to depositors of the State bank of Abercrombie and the Luvern State bank. and 20 per cent on the State bank of Page All payments were made by O. Engen, district manager for the receiver at Fargo.