Atlas National Bank - Chicago, IL

Bank Information

Episode Type: Suspension → Reopening
Bank Type: national
Bank ID: 3503
Charter Number: 3503
Start Date: January 1, 1890*
Location: Chicago, Illinois (41.850, -87.650)

Metadata

Model: gpt-5-mini
Short Digest: 362d2f22

Response Measures

None

Description

Article (1898) states Atlas National Bank 'suspended in 1890, paying, however, all depositors in full.' No run is mentioned; the bank clearly continued in existence later (bank president referenced in 1898), so classify as a suspension with subsequent resolution/reopening. Cause of the suspension is not specified in the text.

Events (1)

1. January 1, 1890* Suspension

Cause Details: Not specified in the article; only notes that the bank suspended in 1890 and paid depositors in full.
Newspaper Excerpt: he was president of the Atlas National bank. which suspended in 1890, paying, however, all depositors in full.
Source: newspapers

Newspaper Articles (1)

1. August 11, 1898 Courier Democrat Langdon, ND

Article from Courier Democrat, August 11, 1898

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Article Text

Well Known Banker Dend. Chicago, Aug. 5.-W. C. D. Grannis, for many years one of the leading bankers of this city, died yesterday. He was president of the Atlas National bank. which suspended in 1890, paying, however, all depositors in full.