Bank of Montpelier - Montpelier, ID

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 1, 1924*
Location: Montpelier, Idaho (42.322, -111.298)

Metadata

Model: gpt-5-mini
Short Digest: 2f109ee3

Response Measures

None

Description

Article (Salt Lake Tribune, 1928-08-18) reports the Bank of Montpelier had closed about four years earlier and a receiver is/was paying dividends to depositors. No run or reopening is mentioned; the bank is in receivership and making dividend payments. OCR in the article garbled some percentages and amounts, so exact dividend figures and the precise closure date are unclear (closure ~1924 inferred from 'about four years ago').

Events (2)

1. January 1, 1924* Other

Newspaper Excerpt: Both banks closed within months of each other about four years ago. The Bank of Montpelier has already paid ... per cent and also make one small payment when It is finally ... receiver announces dividend ... to be paid to the depositors of that institution in the next few days.
Source: newspapers

2. August 18, 1928 Receivership

Newspaper Excerpt: Tracy, receiver First National bank of this city, announces dividend of 10 per be paid ... It is that one small dividend will be when the business of the institution closed The Bank of Montpelier has ready paid per cent and also make one small payment when It is finally ... Both banks closed within months of each other about four years ago.
Source: newspapers

Newspaper Articles (1)

1. August 18, 1928 The Salt Lake Tribune Salt Lake City, UT

Article from The Salt Lake Tribune, August 18, 1928

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Article Text

Montpelier Bank Receiver Announces Next Payment Special to The Tribune Idaho Tracy, receiver First National bank of this city, announces dividend of 10 per be paid sthe depositors of that institution in the next few days. This make 55 per that this bank has paid since clos The total to be disbursed will be about $32 It is that one small dividend will be when the business of the institution closed The Bank of Montpelier has ready paid per cent and also make one small payment when It is finally Both banks closed within months of each other about four years ago.