State Bank (Grover, SD)

Episode Information

Episode UID
78068771531
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7806877 routing
Routing Number
78-0687
Start Date
July 30, 1927
Location
Grover, South Dakota (44.814, -97.269)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
85c6143ea1455a43

Response Measures

None

Description

Bank suspended in 1927 and later placed in liquidation by the state banking department (liquidation announced 1932).

Events (2)
1. July 30, 1927 Suspension
Cause
Government Action
Cause Details
Bank suspended and later taken into liquidation by the state banking department.
Newspaper Excerpt
The bank suspended July 30, 1927.
Source
newspapers
2. August 1, 1932 Receivership
Newspaper Excerpt
liquidation work for the State Bank Grover, Codington county, announced this week by the state banking department. With payment of final dividend five percent, creditors the bank will have received percent from liquidation The bank suspended July ... and With payment of final dividend of five per cent, creditors of the bank will have received 35 per cent from liquidation assets. The bank suspended July 30, 1927.
Source
newspapers

Newspaper Articles (2)
1. August 1, 1932 The Daily Plainsman Huron, SD

Article Text

COMPLETE LIQUIDATION PIERRE, Aug. liquidation work for the State Bank Grover, Codington county, announced this week by the state banking department. With payment of final dividend five percent, creditors the bank will have received percent from liquidation The bank suspended July

2. August 2, 1932 Lead Daily Call Lead, SD

Article Text

BANK AFFAIRS CLOSED Aug. tion of liquidation work for the State Bank of Grover, Codington county, was announced this week by the state banking department. With payment of final dividend of five per cent, creditors of the bank will have received 35 per cent from liquidation assets. The bank suspended July 30, 1927.