Article Text
Another Savings Bank Gone. BROOKLYN, Sept. 15-The Brooklyn Savings Bank closed its doors at the suit of depositors. A receiver has been appointed. The deficiency is $75,000.
14831. Brooklyn Savings Bank (Brooklyn, NY)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- savings bank
- Start Date
- September 15, 1877
- Location
- Brooklyn, New York (40.660, -73.951)
Metadata
- Model
- gpt-5-mini
- Short Digest
c93ecde7
Response Measures
None
Description
Article reports the Brooklyn Savings Bank closed its doors on Sept 15, 1877 and a receiver appointed with a $75,000 deficiency. No run is mentioned; closure was at the suit of depositors and resulted in receivership, so classified as a suspension followed by permanent closure/receivership due to bank-specific insolvency.
Events (2)
1.
September 15, 1877
Receivership
- Newspaper Excerpt
- A receiver has been appointed. The deficiency is $75,000.
- Source
- newspapers
2.
September 15, 1877
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Closed at the suit of depositors; bank had a reported deficiency of $75,000.
- Newspaper Excerpt
- BROOKLYN, Sept. 15-The Brooklyn Savings Bank closed its doors at the suit of depositors.
- Source
- newspapers
Newspaper Articles (1)
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