17780. Stickney State Bank (Stickney, SD)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
state
Start Date
March 13, 1934
Location
Stickney, South Dakota (43.589, -98.437)

Metadata

Model
gpt-5-mini
Short Digest
790704128722a16a

Response Measures

None

Description

Newspaper reports (Mar 13, 1934) list Stickney State Bank (receiver) and an RFC loan approval of $33,000 to that receiver. Articles indicate the bank was in receivership (i.e., closed and placed in liquidation/receiver). No article text describes a depositor run or a suspension event explicitly, but receivership implies closure; no reopening is mentioned.

Events (1)

1. March 13, 1934 Receivership
Newspaper Excerpt
Stickney State Bank (receiver) $33,000.
Source
newspapers

Newspaper Articles (2)

Article from The Daily Plainsman, March 13, 1934

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Article Text

Approved To Nine S. Banks WASHINGTON Mar. Reconstruction Finance Corporation announcement shows approval of loans totalling $570,857.70 for nine South Dakota banks. The bank and loans follow: First National Bank of Belle Fourche, $75,000. Bonilla State Bank( receiver) $13,000. Dimock State Bank (receiver) $36,500. First State Bank, Hetland (receiver), $36,500. Case Lathrop State Bank, Plankinton (receiver) $45,000. Pennington County Bank, Rapid City (receiver) Stickney State Bank (receiver) $33,000. First State Bank, Volga (receiver) $50,Bank of Winner (receiver) $50,000.


Article from Rapid City Journal, March 13, 1934

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Article Text

PENNINGTON BANK AID APPROVED Washington Office Of RFC AnApproval Of Loan For Rapid City Bank Washington, March Reconstruction Corporashows approval of totalling for South Dakota banks The banks and loans follow First National bank of Belle Bonilla State bank (receiver) Dimock State bank (receiver) State bank, Hetland Lathrop State bank, Pennington County bank, Rapid City Stickney State bank (receiver) First State bank, Volga $50,000. Bank Winner (receiver) loan $232,357.70 for the Pennington bank, Rapid City, approved by the tion Finance accord. to dispatches from Washington this regional RFC about two months ago, to Roy Dean, chairman of the and awaiting approval The loan be used, with other funds the bank, 25 per cent vidend the bank, and used in the startthe Rapid City National which has been for which papers organization have already been Dahl, liquidating agent bank, on pertaining effort to speed up proposition