Union Savings Bank - Danbury, CT

Bank Information

Episode Type: Run Only
Bank Type: savings bank
Start Date: August 5, 1891
Location: Danbury, Connecticut (41.395, -73.454)

Metadata

Model: gpt-5-mini
Short Digest: 548dfd61

Response Measures

None

Description

Single article (Aug 5, 1891) reports a short-lived run caused by damaging but unfounded rumors; the bank did not suspend and the run was soon over.

Events (1)

1. August 5, 1891 Run

Cause: Rumor Or Misinformation
Cause Details: Damaging rumors about the bank's soundness that had no foundation
Measures: None mentioned; run was short-lived and soon over.
Newspaper Excerpt: Damaging rumors concerning the soundness of the Union Savings bank gained currency here yesterday and caused some uneasiness among its depositors. The rumor had no foundation, however, and the run on the bank was soon over.
Source: newspapers

Newspaper Articles (1)

1. August 6, 1891 Morning Journal and Courier New Haven, CT

Article from Morning Journal and Courier, August 6, 1891

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Article Text

Run on a Danbury Bank. DANBURY, Aug. 5.-Damaging rumors concerning the soundness of the Union Savings bank gained currency here yesterday and caused some uneasiness among its depositors. The rumor had no foundation, however, and the run on the bank was soon over.