Bank of Arvada - Arvada, WY

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: June 5, 1920
Location: Arvada, Wyoming (44.654, -106.131)

Metadata

Model: gpt-5-mini
Short Digest: 669c7003

Response Measures

None

Description

Article states state bank examiner ordered the Bank of Arvada closed and that a receiver will be appointed. No run or prior withdrawals are mentioned. Liabilities ~ $53,000; first incorporated bank closed in Wyoming in 17 years.

Events (2)

1. June 5, 1920 Receivership

Newspaper Excerpt: said a receiver will be appointed. This is the first incorporated bank in Wyoming to be closed in 17 years. Liabilities are estimated at $53,000.
Source: newspapers

2. June 5, 1920 Suspension

Cause: Government Action
Cause Details: State bank examiner ordered the bank closed; administrative action leading to suspension.
Newspaper Excerpt: State bank examiner Newlin ordered the Bank of Arvada... closed this morning and said a receiver will be appointed.
Source: newspapers

Newspaper Articles (1)

1. June 5, 1920 El Paso Herald El Paso, TX

Article from El Paso Herald, June 5, 1920

Click image to open full size in new tab

Article Text

WYOMING BANK CLOSED; FIRST ONE IN 17 YEARS Sheridan, Wyo., June 5. - State bank examiner Newlin ordered the Bank of Arvada, 40 miles east of here, closed this morning and said a receiver will be appointed. This is the first incorporated bank in Wyoming to be closed in 17 years. Liabilities are estimated at $53,000.