Citizens State Bank - Ordway, CO

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: October 1, 1921*
Location: Ordway, Colorado (38.218, -103.756)

Metadata

Model: gpt-5-mini
Short Digest: 09e30174

Response Measures

None

Description

Local paper (Oct 14, 1921) reports Citizens State Bank of Ordway voluntary went into hands of a receiver and failed to open on the preceding Saturday; state bank examiner placed in charge. No run mentioned.

Events (2)

1. October 1, 1921* Receivership

Newspaper Excerpt: a notice on the doors Saturday morning advised the public that the bank was in charge of the state bank examiner ... Charles D. Reimold, special deputy state bank commissioner, was placed in charge of the institution and early this week completed a statement of the condition of affairs ... .
Source: newspapers

2. October 8, 1921 Suspension

Cause: Voluntary Liquidation
Cause Details: Bank voluntarily placed itself in hands of a receiver and failed to open; state bank examiner took charge.
Newspaper Excerpt: The Citizens State Bank of Ordway voluntarily went into hands of a receiver the latter part of last week and its doors failed to open last Saturday morning.
Source: newspapers

Newspaper Articles (1)

1. October 14, 1921 The Ordway New Era Ordway, CO

Article from The Ordway New Era, October 14, 1921

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Article Text

itizens Bank Closes Doors--Bank Examiner Takes Charge Saturday The Citizens State Bank of Ordway voluntary went into hands of a receiver the latter part of last week and its ors failed to open last Saturday morning. A notice on the ors Saturday morning advised the public that the bank was, charge of the state bank examiner and this notice was signed V bank officials. Charles D. Reimold, special deputy state nk commissioner, was placed in charge of the institution and rly this week completed a statement of the condition of affairs he found them to exist. Mr. Reimold, in an interview with a ew Era representative, intimated that the condition of affairs better than some believed