Article Text
(Page Two, Please) BERESFORD BANK CLOSES Pierre, Aug. The Security State Bank of Beresford closed with deposits Ruden, banks, nounced today. bank capital stock $50,000 and surplus.
17548. Security State Bank (Beresford, SD)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- August 26, 1932
- Location
- Beresford, South Dakota (43.081, -96.774)
Metadata
- Model
- gpt-5-mini
- Short Digest
57f2a44ee68d6e96
Response Measures
None
Description
Short newspaper notice (Rapid City Journal, 1932-08-26) states 'The Security State Bank of Beresford closed...' No mention of a depositor run or reopening; no receiver named in the excerpt. Classified as a suspension leading to permanent closure. Date taken from article publication (1932-08-26).
Events (1)
1.
August 26, 1932
Suspension
- Cause Details
- Notice simply states the bank closed; no cause (run, government action, or liquidation) specified in the excerpt.
- Newspaper Excerpt
- The Security State Bank of Beresford closed with deposits ... announced today.
- Source
- newspapers
Newspaper Articles (1)
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