Article Text
Banking Department to Pay Third Dividend at Renner Feb. banking preparing pay third the closed First bank of Renner The dividend represent When distribution of the payment completed received dividends percent totaling
20478. First State Bank (Renner, SD)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- February 20, 1934
- Location
- Renner, South Dakota (43.646, -96.728)
Metadata
- Model
- gpt-5-mini
- Short Digest
bf8fee0d
Response Measures
None
Description
OCR is poor but the article headline and text indicate the First State Bank of Renner was closed and the state Banking Department is paying a third dividend — implying the bank was suspended/closed and in receivership. No mention of a depositor run. Dates taken from the newspaper publication (1934-02-20); actual suspension likely earlier but not specified in the text.
Events (2)
1.
February 20, 1934
Receivership
- Newspaper Excerpt
- Banking Department to Pay Third Dividend at Renner ...the closed First bank of Renner...pay third dividend...distribution of the payment completed received dividends percent totaling (OCR fragment).
- Source
- newspapers
2.
February 20, 1934
Suspension
- Cause
- Government Action
- Cause Details
- Closed and taken over by the state Banking Department; bank placed in receivership/administration by regulators.
- Newspaper Excerpt
- closed First bank of Renner
- Source
- newspapers
Newspaper Articles (1)
Click image to open full size in new tab