Timmer State Bank - Timmer, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 17, 1930
Location: Timmer, North Dakota (46.371, -101.018)

Metadata

Model: gpt-5-mini
Short Digest: 7f2da683

Response Measures

None

Description

Article (The Bismarck Tribune, 1930-02-17) states the Timmer State Bank is closed and a state receiver is paying depositors dividends (11.5% this payment, total 21.5%). No run is mentioned; receiver L. R. Baird is handling payments, so this is a suspension/closure with receivership.

Events (1)

1. February 17, 1930 Receivership

Newspaper Excerpt: Closed Timmer State Bank Pays Depositors Depositors of the closed Timmer State Bank of Timmer, Morton county, are being paid a dividend of 11½ per cent, according to L. R. Baird, state receiver.
Source: newspapers

Newspaper Articles (1)

1. February 17, 1930 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, February 17, 1930

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Article Text

Closed Timmer State Bank Pays Depositors Depositors of the closed Timmer State Bank of Timmer, Morton county, are being paid a dividend of 11½ per cent, according to L. R. Baird, state receiver. This payment brings total returns of 21½ per cent to the depositors and is being made through P.A. O'Keefe, district manager at Bismarck.