Niagara National Bank (Buffalo, NY)

Episode Information

Episode UID
1344101599
Episode Type
Suspension โ†’ Reopening
Bank Type
national
Bank ID
134410 national
Charter Number
13441
Start Date
March 4, 1933
Location
Buffalo, New York (42.886, -78.878)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
e61c3b127b961ffe

Response Measures

None

Events (3)

1. March 22, 1930 Chartered
Source
historical_nic
2. March 4, 1933 Suspension
Cause
Government Action
Cause Details
State moratorium/mandatory two-day banking holiday proclaimed by Governor Lehman and communicated via the New York Clearing House; Buffalo Clearing House required banks to observe the holiday.
Newspaper Excerpt
He held a telegram in his hand from the New York Clearing House association conveying the official report of the moratorium proclaimed by Gov. Lehman. Other Buffalo banks affected by the moratorium are the Niagara National bank...
Source
newspapers
3. March 7, 1933 Reopening
Newspaper Excerpt
Banks of Buffalo Declared Ready to Reopen on Tuesday. Clearing House Indicates Holiday Will Last Only Two ... they should reopen for business ... will be ready to resume business on the expiration of these ... the banks of Buffalo are in official ... ready and prepared business usual morning ... they should reopen for business Tuesday (per Buffalo Clearing House).
Source
newspapers

Newspaper Articles (2)

Article Text

Taken in Good Humor. For the most part they turned away without comment, or laughingly joked about the situation. Bank creditors, too, were interested, for the holiday postponed their payments. "The holiday is mandatory," George F. Rand, president of the Marine Trust company and president of the Buffalo Clearing House association, declared as he reached his desk early Saturday. He held a telegram in his hand from the New York Clearing House association conveying the official report of the moratorium proclaimed by Gov. Lehman. Besides Mr. Rand, the officers of the Clearing House association are: George G. Kleindist, president of the Liberty bank, vice president; Lewis G. Harriman, president of the Manufacturers & Traders Trust company, treasurer, and Edward W. Miller, a vice president of the Manufacturers & Traders Trust company, secretary. Other Buffalo banks affected by the moratorium are the Niagara National bank, the East Side National bank, the Lincoln National bank, the Seneca National bank, the Erie County Savings bank, the Buffalo Savings bank and the Western Savings bank. County Banks Affected. Erie county institutions, which also must observe the two-day holiday, include the State Bank of Kenmore, the First National Bank of Kenmore, the Bank of Williamsville, the American Bank of Lackawanna, the Lackawanna National bank, the Bank of Lancaster, the Citizens National Bank of Lancaster, the Bank of Hamburgh, the Peoples Bank of Hamburg and the First Trust Company of Tonawanda. Among the financial institutions in Niagara county affected are the State Trust company of North Tonawanda, the Union Trust company of North Tonawanda, the East Side bank of Niagara Falls, the Falls National bank of Niagara Falls, the Lockport Exchange Trust company, the Niagara County National Bank & Trust company of Lockport and the Farmers & Mechanics Savings bank of Lockport.


Article Text

Banks of Buffalo Declared Ready to Reopen on Tuesday Clearing House Indicates Holiday Will Last Only Two Held Sound. Buffalo banks will be ready expiration the holiday Saturday Gov Lehman. the Buffalo Clearing House The holiday proclaimed by officially business Monday. which means they should reopen for business banks of Buffalo are in official the Federal of New York announced after he had the "Buffalo little mand upon the system. explained was the withdrawals other financial that to the demand Is Issued An officials banks Buffalo that had emergency out the banking situation was reflected the issued by the Buffalo Clearing House associathe proclamaMarch and Monday March Buffalo Clearing banks these "They were ready and prepared business usual morning but the governor's claring requires remain closed in all departments. will ready to resume business on the expiration of these Members of the Buffalo Clearing association Marine Trust company. Manufacturers Traders and the erty of Buffalo. Action Expected Here. The holiday affects all banking innational associations deposit postal savings and money order the United Postoffice Postmaster Robert W. Gallagher announced the postal savings departafter closed Satand would each day the banks Buffalo Western New cordance the governor's proclawithout excitement. persons expected the ready had majority the states the prospective arrived the found the doors closed found the tion in notices attached them. Taken Good Humor. For they turned without laughingly joked about the Bank were the holiday payments. George the Buffalo declared he reached his desk early Saturday He telegram in his hand from York House conveying official report by Gov Besides Mr. Rand, the officers George Kleindist president the Liberty Lewis Harriman, Manufacturers Traders company, the Other Buffalo banks the tional National bank. the the National the Erie CounSavings Savings Western Savings bank. County Banks Affected. Erie county institutions which observe the two-day holiday clude the State Bank Kenmore. the First Bank of Kenmore. the Bank Williamsville the American Bank Lackawanna. the Lackawanna bank Bank the Peoples the First Trust of wanda. Among the financial institutions Niagara the company North the Union company North the Niagara National the Lockport Exchange Niagara County Trust and Farmers Savings bank of Lockport