19327. Rockford State Bank (Rockford, WA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 1, 1930*
Location
Rockford, Washington (47.452, -117.131)

Metadata

Model
gpt-5-mini
Short Digest
849dfe3f0cbffedb

Response Measures

None

Description

OCRed articles report that Rockford State Bank closed in January (1930) and an official liquidator (receiver) was paying depositors in March. No explicit run is described. OCR errors corrected (e.g., garbled sentences). Closure appears to be by official action; deposits being paid by a liquidator indicates permanent closure/receivership.

Events (3)
1. January 1, 1930* Suspension
Cause
Government Action
Cause Details
Bank was closed in January by authorities (article states 'closed ... in January' and references state supervisor and liquidator).
Newspaper Excerpt
The Rockford bank was closed ... in January
Source
newspapers
2. March 18, 1930 Receivership
Newspaper Excerpt
official liquidator ... will pay the deposits ... The Rockford bank was closed ... in January (Spokesman-Review, 1930-03-18/19).FAILED, BANK PAYS INTEREST headline indicates liquidator paying depositors and interest.Depositors in suspended banks are usually to receive deposits ... announced Monday by H. C. Johnson, state supervisor ... Walter official liquidator
Source
newspapers
3. March 19, 1930 Other
Newspaper Excerpt
The 600 depositors of the Rockford State bank ... will be paid ... interest ... announced Monday by H. C. Johnson, state supervisor ... Walter official liquidator for the Depositors in suspended banks are usually to receive ...
Source
newspapers

Newspaper Articles (2)
1. March 18, 1930 The Spokesman-Review Spokane, WA
Article from The Spokesman-Review, March 18, 1930

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Article Text

FAILED, BANK PAYS INTEREST State Patrons Already Deposits in Full, The 500 depositors of the State received pay their deposits about the first of the year will be paid the anMonday supervisor of in the the by Walter official liquidator for the Depositors In suspended banks are usually to receive deposits of the Rockford bank we pay the time the of until the depositors The Rockford bank closed by the the Na. bank of Spokane in January

2. March 19, 1930 The Spokesman-Review Spokane, WA
Article from The Spokesman-Review, March 19, 1930

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Article Text

FAILED, BANK PAYS INTEREST Rockford State Patrons Alrendy Deposits in Fall. The 600 depositors of the Rock ford State bank, who received ment in full of their deposits about the first of the year will be Interest on the it nounced Monday by H. C. Johnson, state supervisor of business, approved ment of the interest by Walter official liquidator for the "Depositors in suspended are usually to receive the sum deposits case of the Rockford bank we the time the pay suspended until the depositors The Rockford bank was closed the the bank of Spokane in January