Farmers State Bank (Cayuga, ND)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
February 18, 1931
Location
Cayuga, North Dakota (46.074, -97.384)
Bank Type
state
Routing Number
77-1019
Canonical name
Citizens State Bank
Alt. names
Farmers State Bank

Metadata

Notes

Articles describe the bank as closed and in receivership with dividend payments to depositors.

Events (2)

1. February 18, 1931 Receivership
Newspaper Excerpt
A 15 per cent dividend is being paid depositors of the closed Citizens State Bank of Cayuga, according to L. R. Baird, receiver.
Source
newspapers
2. November 19, 1931 Receivership
Newspaper Excerpt
Depositors of Closed Cayuga Bank Being Paid ... This dividend brings the total dividends paid by this bank to 25 per cent, Baird said.
Source
newspapers

Newspaper Articles (2)

Article from The Bismarck Tribune, February 18, 1931

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Article Text

Declare Dividend For Bank at Cayuga A 15 per cent dividend is being paid depositors of the closed Citizens State Bank of Cayuga, according to L. R. Baird, receiver. Payment is being made through the office of A. E. Jones, district manager at Lisbon.


Article Text

Depositors of Closed Cayuga Bank Being Paid dend of 10 per cent is being paid to the depositors of the Citizens State bank of Cayuga, L. R. Baird, state of banks, nounced today. This dividend brings the total dividends paid by this bank to 25 per cent, Baird said. Payment is being made through the office of A. E. Jones, district manager at Lisbon.