First National Bank - Valley City, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 2548
Charter Number: 2548
Start Date: December 16, 1933
Location: Valley City, North Dakota (46.923, -98.003)

Metadata

Model: gpt-5-mini
Short Digest: a54a0ba9

Response Measures

None

Description

Article (The Forum, 1933-12-16) states a receiver (Ira Hall, Hettinger) was named for the First National Bank at Marmarth. No mention of a depositor run; bank was closed and a receiver appointed, so classified as suspension followed by closure (government action/receivership). Date taken as publication date.

Events (4)

1. August 4, 1881 Chartered

Source: historical_nic

2. January 12, 1926 Voluntary Liquidation

Source: historical_nic

3. December 16, 1933 Receivership

Newspaper Excerpt: Names of five new postmasters and receivers for three closed national banks in North Dakota were announced Friday... Ira Hall, Hettinger, for the First National bank at Marmarth. (Dec. 16, 1933, The Forum).
Source: newspapers

4. December 16, 1933 Suspension

Cause: Government Action
Cause Details: Federal authorities named a receiver for the bank (receiver Ira Hall appointed).
Newspaper Excerpt: Ira Hall, Hettinger, for the First National bank at Marmarth.
Source: newspapers

Newspaper Articles (1)

1. December 16, 1933 The Forum Fargo, ND

Article from The Forum, December 16, 1933

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Article Text

Bank Receivers And Postmasters Named Names of five new postmasters and receivers for three closed national banks in North Dakota were announced Friday by W. W. Perry, national committeeman and collector of Internal revenue. New postmasters are: Kenneberg. Clinton W. Sheldon, Wheatland: Mrs. Gertrude E. Kraus, Alice; Fred Thompson, Neche, and Fred Lambert, Arena. Bank W. Backes Langdon, for the First bank of Rock Thomas M. Valley City, for the First National bank of and Ira Hall, Hettinger, for the First National bank at Marmarth. Funeral services for Jean Louise Haaland, who died Thursday in the home of her mother, Mrs. Andrew Haaland, 319 Third N. will be Saturday the Moore chapel Burial will be in Riverside cemetery.