United States National Bank

Bank Information

Episode Type: Run Only
Bank Type: national
Bank ID: 4514
Charter Number: 4514
Start Date: March 30, 1927
Location: Portland, Oregon (45.523, -122.676)

Metadata

Model: gpt-5-mini
Short Digest: 8fef14c7

Response Measures

Borrowed from banks or large institutions, Public signal of financial health

Other: Large intercity transfer of cash ($15,000,000) sent to United States National Bank from San Francisco and Seattle to halt withdrawals.

Description

Article (Grand Rapids Press, 1927-03-30) reports a run on the United States National Bank in Portland. Large cash transfers from San Francisco and Seattle (and First National) were sent to halt the run. No suspension, reopening, or closure is mentioned. OCR is garbled; publication date used as event date.

Events (1)

1. March 30, 1927 Run

Cause Details: Article does not specify a clear trigger; only reports heavy withdrawals and that large cash shipments were sent from San Francisco and Seattle to stop the run.
Measures: Large cash shipments (about fifteen million) sent from San Francisco and Seattle and transfers from First National to replenish the United States National Bank's cash.
Newspaper Excerpt: RUSH FIFTEEN MILLION TO HALT RUN ON BANK ... The money sent from San Francisco, Seattle ... to the United States National bank ... Transfer the bank ... inroads the run.
Source: newspapers

Newspaper Articles (1)

1. March 30, 1927 The Grand Rapids Press Grand Rapids, MI

Article from The Grand Rapids Press, March 30, 1927

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Article Text

RUSH FIFTEEN MILLION TO HALT RUN ON BANK Portland, Ore., March dollars cash was Tuesday run the bank which began Monday and continued mildly. The money sent from San Francisco, Seattle bank passed the United States National bank First National bank. Transfer the bank and decisions from inroads the run. crowd hand when the bank opened Tuesday.