gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
bea4e7daae00d287
Response Measures
None
Events (3)
1.May 17, 1928Receivership
Newspaper Excerpt
closed Tuttle State bank at Tuttle, according to L. B. Baird, receiver of closed banks.
Source
newspapers
2.December 19, 1928Other
Newspaper Excerpt
A 30 per cent dividend is being paid to depositors of the Tuttle State Bank, making the total to date 50 per cent.
Source
newspapers
3.*Suspension
Cause
Government Action
Cause Details
Bank had been closed and placed in receivership (receiver of closed banks administering payments)
Newspaper Excerpt
the closed Tuttle State bank
Source
newspapers
Newspaper Articles (2)
1.May 17, 1928The Bismarck TribuneBismarck, Mandan, ND
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Article Text
TUTTLE BANK PAYS DIVIDEND A first dividend of 20 per cent is being paid by the closed Tuttle State bank at Tuttle, according to L. B. Baird, receiver of closed banks. The dividend is being paid through the office of P. A. O'Keefe, district manager, at Bismarck
2.December 19, 1928The Bismarck TribuneBismarck, Mandan, ND
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Article Text
Closed Banks Are Paying Depositors Dividends are being paid to the depositors of two closed state banks, the receiver of closed state banks announced today. A 30 per cent dividend is being paid to depositors of the Tuttle State Bank. making the total to date 50 per cent. Payment is being made by
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.