Bank of Marine - Marine, IL

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: state
Start Date: June 13, 1914
Location: Marine, Illinois (38.786, -89.778)

Metadata

Model: gpt-5-mini
Short Digest: b4fc55f3

Response Measures

Full suspension

Description

Article (The Waxahachie Daily Light, 1914-06-15) reports a run on Saturday in which about 1,100 depositors withdrew accounts and that the Bank of Marine failed to open its doors on June 15, 1914. The bank is described as a subsidiary of LaSalle Street Savings Bank and Trust Company of Chicago. No reopening is mentioned; classified as run leading to suspension and closure.

Events (2)

1. June 13, 1914 Run

Cause Details: Large withdrawals by about 1,100 depositors on Saturday (no specific trigger given).
Newspaper Excerpt: failed to open its doors this morning following a run Saturday in which about eleven hundred depositors withdraw their accounts.
Source: newspapers

2. June 15, 1914 Suspension

Cause Details: Bank failed to open following the large run of deposit withdrawals; reported as a subsidiary of LaSalle Street Savings Bank and Trust Company.
Newspaper Excerpt: The Bank of Marine ... failed to open its doors this morning
Source: newspapers

Newspaper Articles (1)

1. June 15, 1914 The Waxahachie Daily Light Waxahachie, TX

Article from The Waxahachie Daily Light, June 15, 1914

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Article Text

ANOTHER HALINOIS BANK FAHLS TO OPEN DOORS By the United Press. Marine, III., June 15. The Bank of Marine, a subsidiary of the LaSalle Street Savings Bank and Trust company of Chicago, failed to open its doors this morning following a run Saturday in wisch about eleven hundred depositors withdraw their accounts. The capital stock is $25,000.