Article Text
Run On Granville Bank Ended Today LaSalle. March on the First National Bank which started Monday rumors concerning bank's condition had been ended today following receipts of additional funds from the Chicago Federal bank
4957. First National Bank (La Salle, IL)
Bank Information
- Episode Type
- Run Only
- Bank Type
- national
- Bank ID
- 114
- Charter Number
- 114
- Start Date
- March 10, 1930
- Location
- La Salle, Illinois (41.333, -89.092)
Metadata
- Model
- gpt-5-mini
- Short Digest
80c77238
Response Measures
Borrowed from banks or large institutions
Description
Newspaper (Dixon Evening Telegraph) reports a run on the First National Bank in LaSalle in March 1930 caused by rumors concerning bank's condition. The run ended after the bank received additional funds from the Chicago Federal bank. No suspension or closure is mentioned.
Events (3)
1.
October 26, 1863
Chartered
- Source
- historical_nic
2.
August 30, 1869
Voluntary Liquidation
- Source
- historical_nic
3.
March 10, 1930
Run
- Cause
- Rumor Or Misinformation
- Cause Details
- Run was started by rumors concerning the bank's condition.
- Measures
- Received additional funds from the Chicago Federal Bank to meet withdrawals.
- Newspaper Excerpt
- Run On Granville Bank Ended Today LaSalle. March on the First National Bank which started Monday rumors concerning bank's condition had been ended today following receipts of additional funds from the Chicago Federal bank
- Source
- newspapers
Newspaper Articles (1)
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