Bank of Lassen County - Susanville, CA

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: state
Start Date: February 14, 1933
Location: Susanville, California (40.416, -120.653)

Metadata

Model: gpt-5-mini
Short Digest: 20f0aad2

Response Measures

Capital injected

Other: Merger into Bank of America following silent run; no explicit suspension mentioned in article.

Description

Article (Willows Daily Journal, 1933-02-14) reports a silent run by depositors fearing independent bank failures; the Bank of Lassen County was merged into the Susanville branch of Bank of America. No explicit suspension date given, but the run led to the bank being taken over/merged (permanent closure as independent institution).

Events (2)

1. February 14, 1933 Other

Newspaper Excerpt: The Bank of Lassen County ... was merged with the Susanville branch Bank of America.
Source: newspapers

2. February 14, 1933 Run

Cause: Macro News
Cause Details: Silent run by depositors driven by general fear of independent bank failures (systemic/local confidence crisis).
Measures: Merged with the Susanville branch of Bank of America (takeover by larger bank).
Newspaper Excerpt: the merger was the result of silent run through depositors' fear of independent bank failures.
Source: newspapers

Newspaper Articles (1)

1. February 14, 1933 Willows Daily Journal Willows, CA

Article from Willows Daily Journal, February 14, 1933

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Article Text

Lassen Bank Merged With Bank of America The Bank of Lassen County, year old independent institution today at Susanville was merged with the Susanville branch Bank of America. It was reported the merger was the resudit of silent run through depositors' fear of independent bank failures. Humphrey, head of the Humphrey Supply company of Reno. was president of the Lassen County Bank.