Citizens State Bank (Gillette, WY)

Episode Information

Episode Type
Suspension → Closure
Start Date
September 1, 1921*
Location
Gillette, Wyoming (44.291, -105.502)
Bank Type
state
Routing Number
99-0173

Metadata

Episode ID
Bank ID
City ID
561609094
Model
gpt-5-mini
Short Digest

Notes

Bank was closed and placed in receivership; paying dividends to depositors over time.

Events (3)
1. September 1, 1921* Suspension
Cause
Government Action
Cause Details
Bank closed in fall 1921 and placed in receivership under Receiver H. Chassell.
Newspaper Excerpt
The bank was closed last fall and has since been in the hands of Receiver H. Chassell.
Source
newspapers
2. January 7, 1922 Receivership
Newspaper Excerpt
A dividend of 10 per cent is now being paid to depositors in the defunct Citizens' State bank. The bank was closed last fall and has since been in the hands of Receiver H. Chassell.
Source
newspapers
3. September 9, 1923 Receivership
Newspaper Excerpt
Depositors in the late Citizens' State bank of Gillette, will receive another dividend of 10 per cent about October 10... This will be the fourth dividend of 10 per cent since the bank was closed two years ago.
Source
newspapers

Newspaper Articles (2)
1. January 7, 1922 Casper Daily Tribune Casper, WY
Article from Casper Daily Tribune, January 7, 1922

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Article Text

DEFUNCT BANK MAKES PAYMENT ON DEPOSITS GILLETTE, Wyo., Jan. 7-A dividend of 10 per cent is now being paid to depositors in the defunct Citizens' State bank. The bank was closed last fall and has since been in the hands of Receiver H. Chassell. Further dividends will be paid later on.

2. September 9, 1923 Casper Daily Tribune Casper, WY
Article from Casper Daily Tribune, September 9, 1923

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Article Text

Fourth Dividend Declared GILLETTE - Depositors in the late Citizens' State bank of Gillette, will receive another dividend of 10 per cent about October 10, according to an announcement made yesterday by Judge H. P. Ilsley of the district court, This will be the fourth dividend of 10 per cent since the bank was closed two years ago. In all probability, still another dividend will be made early in the year 1924, so that by that time those who suffered losses will have received half of the money they had on deposit. This is much better than was expected in the beginning. Receiver