National Bank - Decorah, IA

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 5081
Charter Number: 5081
Start Date: October 7, 1903
Location: Decorah, Iowa (43.303, -91.786)

Metadata

Model: gpt-5-mini
Short Digest: a0db11a0

Response Measures

None

Description

Article (1903-10-07) states the National Bank of Decorah is 'defunct' and depositors are receiving a final dividend from the receivership. No run is described in the provided text; bank has failed and been in receivership.

Events (4)

1. July 16, 1897 Chartered

Source: historical_nic

2. October 7, 1903 Other

Newspaper Excerpt: This dividend is two and one-half per cent, and makes a total of forty-six and one-half per cent realized by depositors who had money in the bank at the time it failed.
Source: newspapers

3. October 7, 1903 Receivership

Newspaper Excerpt: Depositors of the defunct National Bank of Decorah are receiving their checks for the last dividend that will accrue from the receivership of the National Bank of Decorah.
Source: newspapers

4. January 28, 1932 Voluntary Liquidation

Source: historical_nic

Newspaper Articles (1)

1. October 7, 1903 Decorah Public Opinion Decorah, IA

Article from Decorah Public Opinion, October 7, 1903

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Article Text

Final National Bank Dividend, Depositors of the defunct National Bank of Decorah are receiving their checks for the last dividend that will accrue from the receivership of the National Bank of Decorah. This dividend is two and one-half per cent, and makes a total of forty-six and one-half per cent realized by depositors who had money in the bank at the time it failed.