Article Text
Chisago City Bank Ordered Suspended St. Paul, July (AP)-Closing of the Farmers State bank of Chisago City with deposits of $226,000 was announced today by Veigel, state commissioner of banks.
9520. Farmers State Bank (Chisago City, MN)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- July 18, 1930
- Location
- Chisago City, Minnesota (45.374, -92.890)
Metadata
- Model
- gpt-5-mini
- Short Digest
309e0e7d
Response Measures
None
Description
Single short article (AP) reports the Farmers State Bank of Chisago City was ordered suspended by the state commissioner of banks. No run is mentioned; suspension appears to be a government-ordered closure. Date taken from newspaper publication (1930-07-18).
Events (1)
1.
July 18, 1930
Suspension
- Cause
- Government Action
- Cause Details
- Ordered suspended/closed by the state commissioner of banks (Veigel); deposits reported $226,000.
- Newspaper Excerpt
- Closing of the Farmers State bank of Chisago City with deposits of $226,000 was announced today by Veigel, state commissioner of banks.
- Source
- newspapers
Newspaper Articles (1)
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