Pisek State Bank (Pisek, ND)

Episode Information

Episode UID
77068071537
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7706807 routing
Routing Number
77-0680
Start Date
January 1, 1928*
Location
Pisek, North Dakota (48.311, -97.709)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
24eabff79ea0b187

Response Measures

None

Description

Bank voluntarily closed in January 1928 and was placed in receivership; later dividends paid by state receiver.

Events (3)
1. January 1, 1928* Receivership
Newspaper Excerpt
has since been in charge of a receiver.
Source
newspapers
2. January 1, 1928* Suspension
Cause
Voluntary Liquidation
Cause Details
Voluntary close in January after examiners objected to paper and a shortage was revealed.
Newspaper Excerpt
the bank's condition following its voluntary close in January which has since been in charge of a receiver.
Source
newspapers
3. March 26, 1932 Other
Newspaper Excerpt
Five per cent dividends are being paid to depositors of the Pisek State bank ... announced Saturday by L. R. Baird, state receiver.
Source
newspapers

Newspaper Articles (2)
1. May 24, 1928 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, May 24, 1928

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Article Text

PUBLIC FUNDS LOST IN BANK Warrant Charges Cashier with Fraudulently Appropriating $10,567 Grafton, N. D., May 24.-(AP)Warrant charging fraudulent appropriation of $10,567.78 of public funds has been issued here against Charles J. McKean cashier of closed Pisek State bank by T. I. Dahl, state's attorney of Walsh county. The Pisek banker is charged with appropriating the $10,567.78 belonging to Pisek school district No. 71. It is charged that part of the funds were used by him personally and that some were used to take paper out of the bank to which examiners objected.' The alleged shortage is said to have been revealed in a checkup of the bank's condition following its voluntary close in January which has since been in charge of a receiver. Mr. McKean as cashier was in active charge of the bank's management.

2. March 26, 1932 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, March 26, 1932

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Article Text

Depositors of Two Banks Get Dividend Five per cent dividends are being paid to depositors of the Pisek State bank and the Bank of Inkster, it was announced Saturday by L. R. Baird, state receiver. This brings the total of dividends paid by the Bank of Inkster to 15 per cent. Both dividends are being paid through the office of C. W. Conroy, district manager at Devils Lake.