Murfreesboro Bank & Trust Company (Murfreesboro, TN)

Episode Information

Episode UID
87010071548
Episode Type
Run Only
Bank Type
trust
Bank ID
8701007 routing
Routing Number
87-0100
Start Date
December 3, 1928
Location
Murfreesboro, Tennessee (35.846, -86.390)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
7de7d95a757152a2

Response Measures

None

Events (1)

1. December 3, 1928 Run
Cause
Rumor Or Misinformation
Cause Details
Withdrawals were triggered by unfounded/wild rumors circulated without foundation about the bank.
Measures
Bank officers and visiting Nashville bankers publicly reassured depositors; chairman and cashier addressed customers and remained open for business.
Newspaper Excerpt
What appeared to be a slight run on the Murfreesboro Bank and Trust company ... started Saturday as a result of unfounded rumors
Source
newspapers

Newspaper Articles (3)

Article from The Tennessean, December 4, 1928

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Article Text

THREAT OF BANK BRINGS IN RECORD Murfreesboro ExpressIn Todd. Murfreesboro. Tenn., Dec. Murfreesboro Bank ficers of the and Trust Co., who opened for business this morning fearing run institution about to on the found balancing their upon business that ledgers they had during day their record for day's deposits in the istory the bank. were being they business town and bankers of Nashfeeling. president sald, just day, would much has. to when business for the day closed. not bright this mornhowever for rumor current among factory workers of pending. and to the armored chairman the board the American along address the they entered Houston assured them hand the cashier deposits The two Nashville men left after hour became clear fears of the depositors subsided.


Article from Chattanooga Daily Times, December 4, 1928

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Article Text

BANK RUN HALTED AT MURFREESBORO Withdrawals, Caused by Rumor, Are $45,000, but Deposits Are Much Greater. Chattanooga Times Special. MURFREESBORO, Tenn., Dec. 3.What appeared to be a slight run on the Murfreesboro Bank and Trust company, which started Saturday as a result of unfounded rumors, had apparently spent its force by Monday noon, and at that hour new deposits exceeded withdrawals by $65,000.


Article from The Knoxville News-Sentinel, December 4, 1928

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Article Text

BANK GAINS BY "RUN" Sentinel slight run on Murfreesboro Bank & Trust Co., started as result of wild rumors circulated without foundation, ended yesterday when new deposits exceeded withdrawals by $65,000.