Bole State Bank (Bole, MT)

Episode Information

Episode UID
93038371564
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
9303837 routing
Routing Number
93-0383
Start Date
April 1, 1930
Location
Bole, Montana (47.711, -112.011)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
dc64d5a3583bdef5

Response Measures

None

Description

Article refers to it as the Former Bole Bank, suggesting permanent closure; additional sources could confirm receivership/asset disposition.

Events (1)

1. April 1, 1930 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Defaulted on multiple large certificates of deposit dating to 1920-1921; suit filed for ~ $22,983.
Newspaper Excerpt
The bank has suspended operations.
Source
newspapers

Newspaper Articles (2)

Article from Great Falls Tribune, April 1, 1930

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Article Text

Former Bole Bank Is Named in Suit Action involving in excess of $23,000 was Monday instituted in district court by A. J. Fousek, trustee, against the Bole State bank and P. J. Thomas, its cashier. The bank has suspended operations. The Bole bank, It is alleged, on April 1, 1921, executed an $11,000 certificate of deposit to the American Bank and Trust company and defaulted in payment of the entire amount. It is further alleged that the bank on Nov. 19, 1920. executed $13,000 certificate of deposit in favor of the American bank and that a third certificate of deposit for $11,000 was issued on March 15, 1921. All but $384 of the latter deposit was paid. Fousek asks a judgment for $22,983 principal, interest and attorney fees.


Article from The Independent-Record, April 2, 1930

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Article Text

Former Bole Bank Is Named in Suit Great April excess of instituted district court Monday trustee. against Bole State bank and its cashier. The bank Thomas. suspended operations. The Bole bank. alleged. an certificate of to the Bank and Trust company and defaulted payment of the entire further alleged amount. that the bank on Nov. 1920. executed certificate deposit favor of the American bank and that third certificate deposit for was issued on March 15. 1921.