3409. Coeur D'alene Bank & Trust Company (Coeur d'Alene, ID)

Bank Information

Episode Type
Suspension → Closure
Bank Type
trust
Start Date
November 3, 1920
Location
Coeur d'Alene, Idaho (47.678, -116.780)

Metadata

Model
gpt-5-mini
Short Digest
e0c2b45d4220d1bd

Response Measures

None

Description

Articles (Nov 1920–Feb 1921) report the bank's doors were closed by the Deputy State Bank Examiner (government action), and the institution was placed in receivership (judge appointed a receiver). No run or depositor panic is described; the bank remained in receivership into Feb 1921, indicating permanent closure rather than reopening.

Events (3)
1. November 3, 1920 Suspension
Cause
Government Action
Cause Details
Closed by Deputy State Bank Examiner H. G. Winters of Boise; bank given time to adjust affairs or a receiver would be appointed.
Newspaper Excerpt
The door of the Coeur d'Alene Bank and Trust Co were closed Wednesday morning by Deputy State Bank Examiner H. G. Winters of Boise.
Source
newspapers
2. December 31, 1920 Receivership
Newspaper Excerpt
Judge R. N. Duno Friday signed an order appointing Earle P. Browne, former president of the Coeur d'Alene Bank & Trust Co. to handle the real estate belonging to this institution during the receivership proceeding.
Source
newspapers
3. February 11, 1921 Other
Newspaper Excerpt
The building of the Coeur d'Alene Bank & Trust company, which is closed and in the hands of a receiver, was broken into Wednesday night of last week by jimmying the front door. Nothing was taken as no money or valuables are kept there.
Source
newspapers

Newspaper Articles (3)
1. November 5, 1920 The Rathdrum Tribune Rathdrum, ID
Article from The Rathdrum Tribune, November 5, 1920

Click image to open full size in new tab

Article Text

CEUR D'ALENE A marriage license was Issued 10 Spokane, Monday, to A. J. Welton, 39, Spokane, and Clarice Mary Quarles, 25, Coeur d'Alene. Miss Quarles is the daughter of Sheriff and Mrs. T. L. Quarles. Mary Elizabeth Turner, age 30, wife of Clyde F. Turner of Dalton Gardens, died Tuesday of pseudodiphtheria, after having been sick but a few days. The door of the Coeur d'Alene Bank and Trust Co were closed Wednesday morning by Deputy State Bank Examiner H. G. Winters or Bolse. It is understood the bank will be given a reasonable length of time to adjust its affairs, and if not successful a receiver will be appointed aud its business wound up. The executive committee of Kootea county chapter of the American Red Cross plans to work on a peace time basis, extending their service to aiding civilian families. A survey is to be made of the county with a view to aiding and improving the couditions of individuals or communities that may be in need of such service as the chapter can give. The supreme court has sustained the decision of the lower court in the case of Kootenal county V8. the Chicago, Milwaukee and St. Paul railway company. The action, involved taxes alleged due the county on the filled 10 ground along the lake shore, and the decision of the court means that they consider the ground operating property and not subject to local taxation.

2. December 31, 1920 The Rathdrum Tribune Rathdrum, ID
Article from The Rathdrum Tribune, December 31, 1920

Click image to open full size in new tab

Article Text

been seriously ill. has resumed his duties here. Judge Duon having moved to Boise to take bis new office as justice of the supreme court. Judge R. N. Duno Friday signed ao order appointing Earie P. Browne, former president of the Coeur d'Alene Bank & Trust Co. to handle the real estate belonging to this institution during the receivership proceeding.

3. February 11, 1921 The Rathdrum Tribune Rathdrum, ID
Article from The Rathdrum Tribune, February 11, 1921

Click image to open full size in new tab

Article Text

CEUR D'ALENE The Coeur d'Alene high school de feated the Moscow basket ball team. by a score of 36 to 30. Gus Fellman, age 43, an employe of the Winton Lumber company, died suddenly Sunday night of hemorrhage. He leaves a widow and daughter. The chamber of commerce has arranged to purchase the assets of the Coeur d'Alene Regatta association and assume its liabilities. D. E. Danby returned Saturday evening from a ,trip thru Oregon, California and Florida. Mrs. Danby, who accompanied him. is visiting her daughter in Thompson Falls, Mont., and will return in about two weeks. The building of the Coeur d'Alene Bank & Trust company, which is closed and in the hands of a receiver. was broken into Wednesday night of last week by "jimmying" the front door. Nothing was taken as no money or valuables are kept there. The vault was not tampered with. Melvin S. Lewis, state director of vocational education, and C. E Knouf,a specialist in the United States Forestry service, was in the city Friday, completing arrangements to start a class for log scaling this week. This course is under the director of vocational education in this state and will require three weeks for the course of actual work and lectures, under the direction of Mr. Knouf. The course is free.