Commercial National Bank - Oklahoma City, OK

Bank Information

Episode Type: Run Only
Bank Type: national
Bank ID: 6981
Charter Number: 6981
Start Date: February 10, 1926
Location: Oklahoma City, Oklahoma (35.468, -97.516)

Metadata

Model: gpt-5-mini
Short Digest: ef2e8461

Response Measures

Accommodated withdrawals, Borrowed from banks or large institutions, Public signal of financial health, Capital injected

Other: Currency shipment was received from the Federal reserve bank at Kansas City to meet withdrawals.

Description

Single article describes a run triggered by malicious rumors about the bank's stability that was averted; bank remained open and solvent with community support and currency shipment—no suspension or closure mentioned.

Events (3)

1. October 8, 1903 Chartered

Source: historical_nic

2. October 30, 1905 Voluntary Liquidation

Source: historical_nic

3. February 10, 1926 Run

Cause: Rumor Or Misinformation
Cause Details: Malicious circulation of rumors about the bank's stability led depositors to withdraw funds.
Measures: Civic leaders and individuals promised support; shipment of currency from Federal Reserve Bank at Kansas City; receiving deposits exceeded withdrawals.
Newspaper Excerpt: Run on Oklahoma Bank Is Averted ... the run started yesterday after the circulation [of] rumors [about] the bank's stability. Officials ... declared the Commercial National fully solvent.
Source: newspapers

Newspaper Articles (1)

1. February 11, 1926 Messenger-Inquirer Owensboro, KY

Article from Messenger-Inquirer, February 11, 1926

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Article Text

Run on Oklahoma Bank Is Averted Okla., Civic and individuals who yesterday promised their supin stemming the Commercial National Bank were making good today When the bank opened for busilong line of men and women stood before the receiving teller's windows. Only were on hand demand their money. Officials of the bank half after said that $100 being deposited dollar withdrawn shipment of currency from the federal bank at Kansas City early today. The run started yesterday after the circulation rumors the bank's stability. Officials the well those of banks the city declared the Commercial National fully solvent. The rumors were malicious statements