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Bank Pays Depositors, Serves Lunch
(Taken from Poplar Standard)
A most interesting bank run occurred just recently in Fergus Falls, Minn. when the First National Bank o f that city served coffee and doughnuts to depositors while they waited their turn to get their money. Although they were paying as fast as they could, the crowd was such that they could not all get inside an d many were waiting on the side walk. Feeling sure they were cold and hungry, the bank arranged to, serve coffee a n d doughnuts to all who W e r e waiting. G. A. Lundeen of Poplar, has just had aninteresting account of the run, which attained national prominence. from h 18 brother, Leonard Lundeen,w resides ergus Falls. The latter writes thatduring h e ruo the bank remained open until night to pay all who waited. In addition t o serving its customersthe lunch the bank's president 8 t o o d outside and assured everyone that their deposits would b e paid as soon as they could get to them Currency in huge amounts was brought in from Minneapolis, by airplanes. Mr. Lundeen writes that $1,000,000.00 was brought in one day, and that $750,000.00 the following day The cash W a 8 rushed to Fergus Falls b y planes, heavily guarded b y machine gunners. Few banks are in 21. position to stand a sustained run, and the fact that this bank could not be broken, along with its serving lunch, was 80 unusual as to gain the institution national prominence.
