Stock Growers State Bank - Timber Lake, SD

Episode Information

Episode UID: 78040071487
Episode Type: Suspension → Closure
Bank Type: state
Bank ID: 7804007 routing
Routing Number: 78-0400
Start Date: November 30, 1923
Location: Timber Lake, South Dakota (45.429, -101.074)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 115b0fe1f42ca959

Response Measures

None

Description

Placed in charge of the state superintendent of banks; article implies closure but no reopening mentioned.

Events (1)

1. November 30, 1923 Suspension

Cause: Government Action
Cause Details: Suspended for depleted reserves and placed in charge of the state superintendent of banks.
Newspaper Excerpt: The business of this bank is suspended on account of depleted reserves and is now in charge of the state superintendent of banks.
Source: newspapers

Newspaper Articles (1)

1. December 1, 1923 Grand Forks Herald Grand Forks, ND

Article from Grand Forks Herald, December 1, 1923

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Article Text

S. D. BANK CLOSES. Timber Lake, S. D., Nov. 30.—The following notice was posted on the door of the Stock Growers State Bank Wednesday morning: "The business of this bank is suspended on account of depleted reserves and is now in charge of the state superintendent of banks." Many feel that the closing of the bank is but temporary.