Farmers State Bank - Pukwana, SD

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: *
Location: Pukwana, South Dakota (43.778, -99.181)

Metadata

Model: gpt-5-mini
Short Digest: 44094ec3

Response Measures

None

Description

Article (Rapid City Journal, 1934-03-13) reports a dividend to creditors/depositors of the Farmers State Bank of Pukwana, indicating the bank had previously closed and is in liquidation/receivership. No run or reopening is mentioned; only ongoing dividend payments. Exact suspension/closure date and cause are not provided in the text.

Events (2)

1. * Receivership

Newspaper Excerpt: Creditors ... are being paid to creditors or three closed state banks ... A fourth dividend ... goes to ... Farmers State bank of Pukwana. This makes 50 per cent ... paid since the bank [closed].
Source: newspapers

2. * Suspension

Cause Details: Bank previously closed and in liquidation; article does not state cause of closure or any run.
Newspaper Excerpt: A fourth dividend of per cent, amounting to $10,099.60 goes to ditors of the Farmers State bank of Pukwana. This makes 50 per cent, or paid since the bank
Source: newspapers

Newspaper Articles (1)

1. March 13, 1934 Rapid City Journal Rapid City, SD

Article from Rapid City Journal, March 13, 1934

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Article Text

THREE BANKS PAY MORE DIVIDENDS Pierre, March 13 totaling nearly $13,500 are being paid to creditors or three closed state banks, the South Dakota banking department reported day Creditors of the Altamont State bank of Altamont, Deuel county, will get a final dividedd of 2.3 per cent amount to $2,152.79 This makes total of 42.3 per cent or $40,813.5 paid since the bank closed March 28, 1929 Another final dividend. amounting to 1.6 per cent or $1,240.75, paid depositors of the Bennett County bank of Martin, which closed Jan. 5, 1924 This will make total of 31.6 per cent or $24,411.21 paid since suspension A fourth dividend of per cent, amounting to $10,099.60 goes to ditors of the Farmers State bank of Pukwana. This makes 50 per cent, or paid since the bank