22290. Rockford State Bank (Rockford, WA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 1, 1930*
Location
Rockford, Washington (47.452, -117.131)

Metadata

Model
gpt-5-mini
Short Digest
6a13f190

Response Measures

None

Description

Articles report the Rockford State Bank closed in January 1930 and an official liquidator was paying depositors in March 1930. There is no description of a depositor run; the bank was closed and placed in liquidation by authorities (state supervisor/official liquidator). OCR errors in the copy were corrected (e.g., Rock ford -> Rockford; references to payments and liquidator clarified).

Events (2)
1. January 1, 1930* Suspension
Cause
Government Action
Cause Details
Closed in January and placed under official liquidation by state authorities (state supervisor involvement).
Newspaper Excerpt
The Rockford bank was closed ... in January
Source
newspapers
2. March 18, 1930 Receivership
Newspaper Excerpt
announced Monday by H. C. Johnson, state supervisor ... Walter official liquidator ... the 600 depositors ... will be paid in full about the first of the year; official liquidator for the Depositors in suspended banks ... Walter official liquidator for the Rockford bank was closed ... in January (Spokesman-Review, Mar 18-19, 1930).
Source
newspapers

Newspaper Articles (2)
1. March 18, 1930 The Spokesman-Review Spokane, WA
Article from The Spokesman-Review, March 18, 1930

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Article Text

FAILED, BANK PAYS INTEREST State Patrons Already Deposits in Full, The 500 depositors of the State received pay their deposits about the first of the year will be paid the anMonday supervisor of in the the by Walter official liquidator for the Depositors In suspended banks are usually to receive deposits of the Rockford bank we pay the time the of until the depositors The Rockford bank closed by the the Na. bank of Spokane in January

2. March 19, 1930 The Spokesman-Review Spokane, WA
Article from The Spokesman-Review, March 19, 1930

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Article Text

FAILED, BANK PAYS INTEREST Rockford State Patrons Alrendy Deposits in Fall. The 600 depositors of the Rock ford State bank, who received ment in full of their deposits about the first of the year will be Interest on the it nounced Monday by H. C. Johnson, state supervisor of business, approved ment of the interest by Walter official liquidator for the "Depositors in suspended are usually to receive the sum deposits case of the Rockford bank we the time the pay suspended until the depositors The Rockford bank was closed the the bank of Spokane in January