Dimock State Bank (Dimock, SD)

Episode Information

Episode Type
Suspension → Closure
Start Date
March 13, 1934
Location
Dimock, South Dakota (43.474, -97.986)
Bank Type
state
Routing Number
78-0648

Metadata

Episode ID
Bank ID
City ID
461254690
Model
gpt-5-mini
Short Digest

Notes

Listed explicitly as '(receiver)' in contemporaneous RFC loan approvals, indicating it was in receivership.

Events (3)
1. March 13, 1934 Suspension
Cause
Government Action
Cause Details
Bank was in receivership (placed under a receiver) as indicated in RFC loan approval list.
Newspaper Excerpt
Dimock State Bank (receiver) $36,500.
Source
newspapers
2. March 13, 1934 Receivership
Newspaper Excerpt
Dimock State Bank (receiver) $36,500.
Source
newspapers
3. March 13, 1934 Other
Newspaper Excerpt
Dimock State Bank (receiver) $36,500.
Source
newspapers

Newspaper Articles (2)
1. March 13, 1934 The Daily Plainsman Huron, SD

Article Text

Approved To Nine S. Banks

WASHINGTON Mar. Reconstruction Finance Corporation announcement shows approval of loans totalling $570,857.70 for nine South Dakota banks. The bank and loans follow: First National Bank of Belle Fourche, $75,000. Bonilla State Bank( receiver) $13,000. Dimock State Bank (receiver) $36,500. First State Bank, Hetland (receiver), $36,500. Case Lathrop State Bank, Plankinton (receiver) $45,000. Pennington County Bank, Rapid City (receiver) Stickney State Bank (receiver) $33,000. First State Bank, Volga (receiver) $50,Bank of Winner (receiver) $50,000.

2. March 13, 1934 Rapid City Journal Rapid City, SD

Article Text

PENNINGTON BANK AID APPROVED

Washington Office Of RFC AnApproval Of Loan For Rapid City Bank

Washington, March Reconstruction Corporashows approval of totalling for South Dakota banks The banks and loans follow First National bank of Belle Bonilla State bank (receiver) Dimock State bank (receiver) State bank, Hetland Lathrop State bank, Pennington County bank, Rapid City Stickney State bank (receiver) First State bank, Volga $50,000. Bank Winner (receiver) loan $232,357.70 for the Pennington bank, Rapid City, approved by the tion Finance accord. to dispatches from Washington this regional RFC about two months ago, to Roy Dean, chairman of the and awaiting approval The loan be used, with other funds the bank, 25 per cent vidend the bank, and used in the startthe Rapid City National which has been for which papers organization have already been Dahl, liquidating agent bank, on pertaining effort to speed up proposition