Date Bank Name Episode Type
April 1, 1826* Paterson Bank Suspension → Closure
November 15, 1831 People's Bank Suspension → Closure
May 31, 1834 Mechanics Bank Suspension → Closure
April 1, 1837* People's Bank Run Only
March 10, 1849 People's Bank Run Only
September 24, 1851 People's Bank Suspension → Closure
August 19, 1858 Merchants Bank Suspension → Closure
January 1, 1860* Cataract City Bank Suspension → Closure
October 21, 1863 People's Bank Suspension → Closure
July 9, 1877 Merchants Loan & Trust Company Suspension → Closure
July 18, 1877 Paterson Savings Institution Run Only
July 18, 1877 Passaic County Savings Institution Run → Suspension → Closure
January 12, 1878 Second National Bank Charter #810 Suspension → Closure
January 1, 1880* First National Bank Charter #329 Suspension → Closure
May 15, 1884 Paterson Savings Institution Run Only
March 16, 1933 Franklin Trust Company Suspension → Reopening