Kimball Commercial & Savings Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: September 11, 1925
Location: Kimball, South Dakota (43.747, -98.958)

Metadata

Model: gpt-5-mini
Short Digest: b0949294

Response Measures

None

Description

Article (1925-09-11) states the Kimball Commercial and Savings Bank had a receiver in place; receiver resigned and was succeeded—indicates the bank was in receivership (closed). No mention of a depositor run in the article.

Events (1)

1. September 11, 1925 Receivership

Newspaper Excerpt: E. Grinde has resigned his position here as receiver of the Kimball Commercial and Savings bank to accept the management the Colton Savings bank at Colton. He will be succeeded by H. Havens of Huron, who will arrive this week.
Source: newspapers

Newspaper Articles (1)

1. September 11, 1925 Argus-Leader Sioux Falls, SD

Article from Argus-Leader, September 11, 1925

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Article Text

KIMBALL BANK RECEIVER HEADS BANK AT COLTON (Special to the Kimball, Sept. E. Grinde has resigned his position here as receiver of the Kimball Commercial and SavIngs bank to accept the management the Colton Savings bank at Colton. He will be succeeded by H. Havens of Huron, who will arrive this week. Mr. Havens has had considerable experias receiver and the work of the bank's is pected progress rapidly under his direction.