Keene Guaranty Savings Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: June 11, 1897
Location: Keene, New Hampshire (42.934, -72.278)

Metadata

Model: gpt-5-mini
Short Digest: 477def95

Response Measures

None

Description

Article states the savings bank commissioners ordered liquidation of the Keene Guaranty Savings Bank and that the bank will pay a third dividend in liquidation July 1. No run is described; this is an ordered liquidation (government action) leading to permanent closure.

Events (2)

1. June 11, 1897 Suspension

Cause: Government Action
Cause Details: Savings bank commissioners ordered the liquidation of the Keene Guaranty Savings Bank (state authority-ordered liquidation).
Newspaper Excerpt: The Keene Guaranty savings bank will pay a third dividend in liquidation July 1.
Source: newspapers

2. July 1, 1897 Other

Newspaper Excerpt: The Keene Guaranty savings bank will pay a third dividend in liquidation July 1.
Source: newspapers

Newspaper Articles (1)

1. June 11, 1897 Vermont Phœnix Brattleboro, Bellows Falls, Ludlow, VT

Article from Vermont Phœnix, June 11, 1897

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Article Text

NEW HAMPSHIRE NOTES. Cheshire County Savings Banks to Pay Dividends. Savings bank commissioners Baker and Hatch have ordered the liquidation of the Keene Five Cents savings bank and the Cheshire Provident institution. This will be an immense boon to the depositors and a great thing for the prosperity of Keene. The Keene Five Cents bank will pay a second dividend of not less than 10 per cent; on Oct. 1, a dividend of 15 per cent having been ordered at the time of suspension. The Cheshire has to make a dividend in the near future. The Keene Guaranty savings bank will pay a third dividend in liquidation July 1. The Hinsdale Savings bank has been ordered to pay a dividend of 20 per cent to depositors July 1. The Winchester Security bank is now paying a 10 per cent dividend.