Benchland State Bank (Benchland, MT)

Episode Information

Episode UID
93016771485
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
9301677 routing
Routing Number
93-0167
Start Date
September 1, 1923*
Location
Benchland, Montana (47.079, -110.018)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
14bc0dd23fc23b67

Response Measures

None

Description

Bank closed in fall 1923 and was placed in receivership; receiver paid out deposits over time.

Events (3)
1. September 1, 1923* Suspension
Cause
Local Shock
Cause Details
Closed in fall 1923 because of local conditions affecting the bank (described as purely local).
Newspaper Excerpt
Mr. Kirk's bank was closed in the fall of 1923 due to conditions that were purely local.
Source
newspapers
2. March 5, 1926 Receivership
Newspaper Excerpt
G. H. Kirk, receiver of the Benchland State bank, recently paid another 20 per cent to depositors of the bank. This payment makes 90 per cent the bank has paid since it closed and Mr. Kirk states that he expects to pay another 10 per cent soon.
Source
newspapers
3. April 19, 1926 Other
Newspaper Excerpt
George Kirk, ... as receiver of the Benchland State bank ... has just paid off depositors 100 cents on the dollar ... Mr. Kirk's bank was closed in the fall of 1923 due to conditions that were purely local.
Source
newspapers

Newspaper Articles (2)
1. March 5, 1926 The Producers News Plentywood, MT
Article from The Producers News, March 5, 1926

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Article Text

BANK PAYS 90 PER CENT G. H. Kirk, receiver of the Benchland State bank, recently paid another 20 per cent to depositors of the bank. This payment makes 90 per cent the bank has paid since it closed and Mr. Kirk states that he expects to pay another 10 per cent soon. On county deposits, Treasurer Crof of Judith Basin county received $2,130.66.

2. April 22, 1926 Belt Valley Times Belt, Armington, MT
Article from Belt Valley Times, April 22, 1926

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Article Text

BENCHLAND BANKER WHO PAID 100 CENTS MAY OPEN ANOTHER Billings, April 19.-George Kirk, & former banker of Benchland who as receiver of the Benchland State bank, which he organized, has just paid oft depositors 100 cents on the dollar with out calling upon stockholders for an assessment, was in Billings this week renewing old acquaintanceships. Mr. Kirk's bank was closed in the fall of 1923 due to conditions that were purely local, His standing in the community was evidenced by his appointment as receiver of the bank. Billings friends of the Benchland man say that his townspeople now are urg ing him to start another bank and pledging him their support and cooperation in such an enterprise.