Citizens State Bank (Ambrose, ND)

Episode Information

Episode UID
1744183991581
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
174418399 hash
Start Date
September 1, 1931*
Location
Ambrose, North Dakota (48.954, -103.483)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
b9cbb192c2663430

Response Measures

None

Events (5)
1. September 1, 1931* Receivership
Newspaper Excerpt
L. R. Baird, receiver of state banks...the closed Citizens State bank at Ambrose; district manager for the state receiver of closed banks.
Source
newspapers
2. September 1, 1931* Suspension
Cause
Government Action
Cause Details
Closed and placed under the state receiver (closed in fall of 1931).
Newspaper Excerpt
The bank was closed in the fall of 1931.
Source
newspapers
3. August 6, 1932 Other
Newspaper Excerpt
Depositors of the Citizens State Bank of Ambrose are receiving a dividend of five per cent ... L. R. Baird, receiver of state banks.
Source
newspapers
4. June 29, 1933 Other
Newspaper Excerpt
A dividend of five per cent is being paid depositors in the closed Citizens State bank at Ambrose... The bank was closed in the fall of 1931.
Source
newspapers
5. April 2, 1935 Other
Newspaper Excerpt
Depositors in the Citizens State Bank of Ambrose ... are to receive 5 per cent dividends ... by order of L. R Baird, state receiver of closed banks.
Source
newspapers

Newspaper Articles (3)
1. August 6, 1932 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, August 6, 1932

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Article Text

# DEPOSITORS GET DIVIDEND Depositors of the Citizens State Bank of Ambrose are receiving a dividend of five per cent through the office of J. P. Reeve, district manager at Burlington, it was announced Saturday by L. R. Baird, receiver of state banks. The payment makes total dividends of 25 per cent paid by this bank, Baird said.

2. June 29, 1933 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, June 29, 1933

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Article Text

PAYING BANK DIVIDEND Minot, N. D., June 28.-(P)-A dividend of five per cent is being paid depositors in the closed Citizens State bank at Ambrose, making a total of 30 per cent which has been paid, it was announced today by J. P. Reeve, Burlington, district manager for the state receiver of closed banks. The bank was closed in the fall of 1931.

3. April 2, 1935 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, April 2, 1935

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Article Text

Three Closed Banks Will Pay Dividends Minot, N. D., April 2.-(P)-Depositors in three closed banks in northwestern North Dakota are to receive dividends at once upon order of L. R Baird, state receiver of closed banks. Depositors in the Farmers Stat Bank of Battleview are to receive a 30 per cent dividend, making a total of 60 per cent in dividends which have been paid. Depositors in the Citizens State Bank of Ambrose and in the Bank of Stanley are to receive 5 per cent dividends. This makes a total of 35 per cent in dividends which have been paid by both banks. The payments of the dividends are being made through the offices of J. P. Reeve, Burlington, district manager for the state receiver.