Erie City Bank - Erie, PA

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: November 28, 1860
Location: Erie, Pennsylvania (42.129, -80.085)

Metadata

Model: gpt-5-mini
Short Digest: f038f411

Response Measures

None

Description

The 1860 newspaper lists Erie City Bank among a group of banks that have enacted a general suspension of payments. The article indicates a system-wide suspension rather than a depositor run or a receivership. There is no mention of a run, receivership, or permanent closing in the text; such general suspensions in this period were often temporary, so I classify this as suspension_reopening while noting limited information about any subsequent reopening.

Events (1)

1. November 28, 1860 Suspension

Cause: Macro News
Cause Details: Part of a general/system-wide suspension of banks reported in the paper (systemic banking suspension rather than a bank-specific failure).
Newspaper Excerpt: SUSPENSION. As a general suspension of the Banks has taken place again, we would warn the public against taking money purporting to be issued by any of the following named Banks... Erie City Bank ...
Source: newspapers

Newspaper Articles (1)

1. November 28, 1860 Clearfield Republican Clearfield, PA

Article from Clearfield Republican, November 28, 1860

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Article Text

SUSPENSION. As a general suspension of the Banks has taken place again, we would warn the public against taking money purporting to be issued by any of boline the following named Banks. of 101 Bank of Commerce, Eriel ytin Bank of Crawford County: Bank of New Castle, no Bank of Phoenxville. Kittanning Bank Monongahela Valley Bank. North Western Bank, W17.1388007 Y.R.O (TOY Tinga County Bank. bas ogral The above list of Banks were all 77070 char tered under the administration of Gov. Pollock, and may be generally styled as the Pollock Banks.