Third National Bank

Bank Information

Episode Type: Run Only
Bank Type: national
Bank ID: 12887
Charter Number: 12887
Start Date: December 22, 1930
Location: Miami, Florida (25.774, -80.194)

Metadata

Model: gpt-5-mini
Short Digest: 72f2db2e

Response Measures

None

Description

Article (Dec 22, 1930) reports runs started on the Third National Bank after the City National Bank failed to open. Third National issued reassuring statements; no suspension or closure of Third National is reported.

Events (1)

1. December 22, 1930 Run

Cause: Local Banks
Cause Details: Run was triggered by failure to open of the City National Bank in Miami, prompting depositors to withdraw from other local banks.
Measures: Issued statements reassuring the depositors.
Newspaper Excerpt: Meanwhile, runs started on two of the largest of Miami's remaining banks-the First National and the Third National Bank. These institutions, however, issued statements reassuring the depositors.
Source: newspapers

Newspaper Articles (1)

1. December 22, 1930 The Washington Times Washington, DC

Article from The Washington Times, December 22, 1930

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Article Text

Depositors Throng Closed Miami Bank MIAMI, Fla., Dec. 22 (I.N.S.). Hundreds of depositors crowded about the City National Bank today following its failure to open for business at 9 o'clock this morning. The bank, of which J. C. Penney, chain-store magnate and philanthropist, is chairman of the board of directors, had deposits of $15,000,000, according to its periodical statement. Meanwhile, runs started on two of the largest of Miami's remaining banks-the First National and the Third National Bank. These institutions, however, issued statements reassuring the depositors.