Short notice in the paper states the Security State Bank of Beresford closed (publication 1932-08-26). No run or reopening is mentioned and no cause is given in the excerpt, so classify as a suspension leading to permanent closure (suspension_closure).
Events (1)
1.August 26, 1932Suspension
Cause Details
No cause specified in the article excerpt.
Newspaper Excerpt
BERESFORD BANK CLOSES Pierre, Aug. The Security State Bank of Beresford closed with deposits Ruden, banks, nounced today.
Source
newspapers
Newspaper Articles (1)
1.August 26, 1932Rapid City JournalRapid City, SD
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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.