First National Bank - Harrisonburg, VA

Bank Information

Episode Type: Run Only
Bank Type: national
Bank ID: 1572
Charter Number: 1572
Start Date: August 11, 1893
Location: Harrisonburg, Virginia (38.450, -78.869)

Metadata

Model: gpt-5-mini
Short Digest: 859b9802

Response Measures

Accommodated withdrawals

Description

Article (Richmond Dispatch, 1893-08-12) describes a slight run on First National Bank of Harrisonburg on Aug 11 driven by an irresistible rumor. Withdrawals were promptly met and the bank remained open with assets exceeding liabilities.

Events (2)

1. September 29, 1865 Chartered

Source: historical_nic

2. August 11, 1893 Run

Cause: Rumor Or Misinformation
Cause Details: An irresistible rumor about the bank's condition triggered small withdrawals.
Measures: All checks were promptly paid to meet withdrawals.
Newspaper Excerpt: In consequence of an irresistible rumor affecting the condition of the First National Bank, of Harrisonburg, a slight run on that institution was started here this afternoon. All checks were promptly paid, and the amount withdrawn was insignificant.
Source: newspapers

Newspaper Articles (1)

1. August 12, 1893 Richmond Dispatch Richmond, VA

Article from Richmond Dispatch, August 12, 1893

Click image to open full size in new tab

Article Text

HARRISONBURG'S STABLE BANK. A Slight Run Promptly Met-No Uneasiness Among the Depositors. [Special telegram to the Dispatch.] HARRIBONBURG, VA., August 11.-In consequence of an irresistible rumor affecting the condition ot the First National Bank, of Harrisonburg. & slight run on that institution was started here this afternoon. All checks were promptly paid, and the amount withdrawn was insignificant. The bank is one of thestrongest in this section of Virginia, and there is no uneasiness whatever among its local depositors. Its assets are fully $100,000 in excess of liabilities.