Citizens State Bank - Gillette, WY

Bank Information

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

Metadata

Model: gpt-5-mini
Short Digest: 531251f7

Response Measures

None

Description

Article states the Citizens' State Bank of Gillette was closed last fall and is in the hands of a receiver (H. Chassell) and is paying a dividend Jan 7, 1922. No run is mentioned in the text; the bank is in receivership and making dividend payments, indicating permanent closure/suspension with a receiver.

Events (2)

1. September 1, 1921* Suspension

Cause: Government Action
Cause Details: Bank closed last fall and placed in hands of a receiver (formal receivership/closure).
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. Further dividends will be paid later on. (GILLETTE, Wyo., Jan. 7).
Source: newspapers

Newspaper Articles (1)

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.