German American Bank - Detroit, MI

Bank Information

Episode Type: Run Only
Bank Type: state
Start Date: February 19, 1912
Location: Detroit, Michigan (42.331, -83.046)

Metadata

Model: gpt-5-mini
Short Digest: 3691379e

Response Measures

None

Description

Article describes a short-lived run on the Gratiot-ave branch of the German-American Bank in Detroit (Feb 1912). Causes cited were a rumor linking the branch with a New York private bank that recently experienced a run, or a customer's misunderstanding about identification. The run ended the next day; no suspension or closure is reported.

Events (1)

1. February 19, 1912 Run

Cause: Rumor Or Misinformation
Cause Details: Rumor connecting the local branch with a private New York bank that had a run, or a misunderstanding after a teller requested identification.
Newspaper Excerpt: Run on the Gratiot-ave. branch of the German-American bank... was all over Tuesday morning.
Source: newspapers

Newspaper Articles (1)

1. February 20, 1912 The Detroit Times Detroit, MI

Article from The Detroit Times, February 20, 1912

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Article Text

Run on Bank is Over. The run on the Gratiot-ave. branch of the German-American bank, which caused some excitement in the neighborhood Monday, was all over Tuesday morning. Officials of the bank say It was started either by a rumor which connected the local institution with a private bank -in New York on which there was a run last week, or else by some one who got the idea that the bank could not pay a check because the teller told him he would have to be identified.