Millerville State Bank (Millerville, MN)

Episode Information

Episode UID
75116171531
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7511617 routing
Routing Number
75-1161
Start Date
July 1, 1927*
Location
Millerville, Minnesota (46.067, -95.563)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
d101583096b920ef

Response Measures

None

Description

Articles state the bank closed July 1927 and depositors are receiving dividends via the state commissioner, implying a formal closing/receivership.

Events (3)
1. July 1, 1927* Suspension
Cause
Government Action
Cause Details
Bank closed July 1927 and state commissioner of banks administering payments to depositors (receiver involvement implied).
Newspaper Excerpt
this bank, which closed July 1927.
Source
newspapers
2. June 25, 1928 Other
Newspaper Excerpt
payment of 20 per cent dividend... amounting depositors of closed Millerville State bank. Previously 30 per cent dividend was paid depositors this bank, which closed July 1927.
Source
newspapers
3. * Receivership
Newspaper Excerpt
payment... to depositors the Millerville State bank... paid this bank, which closed July 1927.
Source
newspapers

Newspaper Articles (2)
1. June 25, 1928 Post-Bulletin Rochester, MN
Article from Post-Bulletin, June 25, 1928

Click image to open full size in new tab

Article Text

Closed Dassel Bank Pays 2nd Dividend Paul, percent second that paid, paid of the closed bank Dassel, by Viegel, state comof banks, today. The closed November 1926. Mr. also payment percent dividend, to to depositors the Millerville State bank. percent dividend paid this bank, which closed July 1927.

2. June 25, 1928 The Winona Daily News Winona, MN
Article from The Winona Daily News, June 25, 1928

Click image to open full size in new tab

Article Text

Depositors of Closed Dassel Bank Get 10 Per Cent Dividend St. 10 per cent dividend. the second that amount paid, totaling was paid depositors of the closed bank of Dasby state commisbanks, today. The closed Nov. 23, 1926. Mr. also announced the payment of 20 per cent dividend. amounting depositors of closed Millerville State bank. Previously 30 per cent dividend was paid depositors this bank, which closed July 1927.