First National Bank - Brainerd, MN

Bank Information

Episode Type: Run Only
Bank Type: national
Bank ID: 2590
Charter Number: 2590
Start Date: February 19, 1930
Location: Brainerd, Minnesota (46.358, -94.201)

Metadata

Model: gpt-5-mini
Short Digest: 176aaded

Response Measures

Accommodated withdrawals

Description

Single article (Feb 19, 1930) describes a deposit run of about $300,000. Bank remained open and officials served hot dogs and coffee to waiting depositors and reiterated the bank was in firm condition. No suspension, closure, or receivership mentioned.

Events (2)

1. November 17, 1881 Chartered

Source: historical_nic

2. February 19, 1930 Run

Cause: Rumor Or Misinformation
Cause Details: Article does not identify a specific solvency problem; describes depositor nervousness and lines withdrawing about $300,000 and bank officers reassuring customers.
Measures: Bank officials served hot dogs and hot coffee to depositors and publicly reiterated the bank was in firm condition to calm depositors.
Newspaper Excerpt: Last night officials of the bank served hot dogs and hot coffee to depositors who stood in long lines outside the bank wishing to withdraw their deposits. run sulted in approximately $300,000 being withdrawn. they gave the hot food officials reiterated their statement the bank was in firm condition.
Source: newspapers

Newspaper Articles (1)

1. February 19, 1930 The Brainerd Daily Dispatch Brainerd, MN

Article from The Brainerd Daily Dispatch, February 19, 1930

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Article Text

USE HOT DOG LUNCHES TO CHECK RUN ON BANK Fort Feb. has been the keynote of the First National Bank of this city. Last night officials of the bank served hot dogs and hot coffee to depositors who stood in long lines outside the bank wishing to withdraw their deposits. run sulted in approximately $300,000 being withdrawn. they gave the hot food officials reiterated their statement the bank was in firm condition.