Fernwood Trust & Savings Bank (Chicago, IL)

Episode Information

Episode UID
2016771374
Episode Type
Run → Suspension → Closure
Bank Type
private
Bank ID
201677 routing
Routing Number
2-0167
Start Date
June 22, 1914
Location
Chicago, Illinois (41.850, -87.650)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
7a853ec59c904757

Response Measures

None

Events (2)
1. June 22, 1914 Run
Cause
Local Banks
Cause Details
Run inspired by failures/troubles of other banks (Lorimer bank troubles)
Newspaper Excerpt
The Fernwood Trust & Savings bank, a small institution, went out of business today because of a run inspired by the Lorimer bank troubles
Source
newspapers
2. June 22, 1914 Suspension
Cause
Local Banks
Cause Details
Bank went out of business after run triggered by other banks' failures (Lorimer troubles)
Newspaper Excerpt
Fernwood Trust and Savings Bank, 103d and S. Halsted st., closed. Liabilities $31,000.
Source
newspapers

Newspaper Articles (4)
1. June 22, 1914 Brownsville Herald Brownsville, TX
Article from Brownsville Herald, June 22, 1914

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Article Text

ANOTHER BANK SUFFERS FROM LORIMER WRECK (By Associated Press). Chicago, III., June 2.-The Fernwood Trust & Savings bank, a small institution, went out of business today because of a run inspired by the Lorimer bank troubles, with which it had no connec tion.

2. June 22, 1914 Rock Island Argus Rock Island, IL
Article from Rock Island Argus, June 22, 1914

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Article Text

ANOTHER CHICAGO BANK COLLAPSES Chicago, III., June 22.-The Fern wood Trust and Savings bank, a private suburban institution, went out of business today. It was solvent but unable to withstand the "run" inspired by failure of other banks recently. If has deposits of $20,000,

3. June 22, 1914 The Day Book Chicago, IL
Article from The Day Book, June 22, 1914

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Article Text

bed in arm and shot in head during fight. Three arrested. Four overcome by smoke when fire attacked 3214 N. Clark st. Loss $10,000. Charlotte R., 35-foot sloop, safe. Women's exposition broke. Girls and women who took part in big show won't get pay. Owe $10,000. Body of Ernest Messman, 114 W. 19th st., found in river. Lawrence Y, Sherman has announced candidacy for re-election as U. S. senator. Extension of Elston street car line being pushed. Twenty hurt. Auto truck plunged into ditch. Young people going to dance. Fight begun for Rosehill Cemetery receiver. Suit involves $700,000 trust fund. Fernwood Trust and Savings Bank, 103d and S. Halsted st., closed. Liabilities $31,000. State Representative Frank S. Catlin out for Republican nomination for county commissioner. Lester Cook, 17, Woodstock, Va., adopted by Policeman Wm. J. Leibeck, Morgan Park. Miss Marie Krause gave up $6,000 job to marry Walter H. Hildebrand, manufacturer. Fence at exclusive Chicago Beach Hotel torn down by police. Place is thrown open to public. Manager of hotel charged ten cents for bathing. Eleven taken in two raids by vice squad. Score routed by fire at 5339 Kimbark av. Lightning. Lightning hit passenger station, Wabash railroad, 75th and Wood sts. John McKeon, ticket agent, stunned. Buildings 834 N. Monticello av. and 1523 N. Washtenaw av. hit by lightning. No one hurt. Plato

4. June 22, 1914 The Daily Ardmoreite Ardmore, OK
Article from The Daily Ardmoreite, June 22, 1914

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Article Text

ANOTHER BANK IS CLOSED. Small Institution in Chicago Went Out Of Business Following Run. Chicago, III., June 22.-The Fernwood Trust & Savings Bank, a small institution, went out of business today because of a run inspired by the Lorimer bank troubles, with which it had no connection.