Italian American Bank (Denver, CO)

Episode Information

Episode UID
23006271501
Episode Type
Run โ†’ Suspension โ†’ Closure
Bank Type
state
Bank ID
2300627 routing
Routing Number
23-0062
Start Date
January 29, 1925
Location
Denver, Colorado (39.739, -104.985)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
5b7832a7cfee2d9f

Response Measures

None

Description

Articles mention both a three-day run caused by rumors and later discovery of insufficient cash and the president missing; sequence implies permanent closure but receiver not explicitly named.

Events (2)

1. January 29, 1925 Run
Cause
Rumor Or Misinformation
Cause Details
Three-day run attributed to rumors about the bank's stability.
Newspaper Excerpt
A three-day run caused by rumors regarding the bank's stability was given as the cause of the closing.
Source
newspapers
2. January 29, 1925 Suspension
Cause
Government Action
Cause Details
Officers requested state bank commissioner take over after bank failed to open following the run; state examiner directed an examination.
Newspaper Excerpt
Italian-American bank of Denver failed to open for business today. Officers of the institution asked the state bank commissioner to take over the bank's affairs.
Source
newspapers

Newspaper Articles (13)

Article from The San Diego Sun, January 29, 1925

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Article Text

Run Closes Bank In Denver, Colo. (By United Press Leased Wire) DENVER. Colo., Jan. Italian-American bank of Denver failed to open for business today Officers of the institution asked the state bank commissioner to take over the bank's affairs, it was reported. A three-day run caused by rumors regarding the bank's stability was given as the cause of the closing. Sick? Be wise! "Polarize." For free advice, call 610 Bancroft Bld.


Article from The Seattle Star, January 29, 1925

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Article Text

Rumors Cause Bank in Denver to Close DENVER, Jan. 29.-The ItalianAmerican bank of Denver failed to open for business today. It was said that officers of the institution had asked that the state bank commissioner take over the bank's affairs. A three-day run, caused by rumors regarding the bank's stability, was given as the cause of the closing. The bank had a capital of $100,000 and a surplus of $40,000.


Article from The Bulletin, January 29, 1925

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Article Text

RUN ON DENVER BANK RESULTS IN CLOSING Leased Wire to Bulletin) Jan. ItalianAmerican bank Denver failed to open business today. was said that officers of the institution had asked that the state bank missioner take over the bank's fairs. three day run. caused by regarding the bank's stability given the cause of the as The bank had capital and surplus of


Article from Bonners Ferry Herald, February 5, 1925

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Article Text

RUN ON A DENVER BANK IS CAUSE OF CLOSING DOORS Denver-Police throughout the country were asked to keep ch for Prospero Frazzinni, president of the Italian-American bank, which closed its doors here when is was discovered that It had insufficient cash or negotiable securities to meet half f'its liabilities of $707,792.17 and started a run. Search for Frazzinni we ordered when it was learned that he had been missing from his home. Grant McFerson, of the state bank examiner's office, was directing an examination of the bank's records, while the district attorney's office also detailed investigators to probe the cause of the failure.


Article from Belt Valley Times, February 5, 1925

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Article Text

RUN ON A DENVER BANK IS CAUSE OF CLOSING DOORS Denver.-Police throughout the country were asked to keep watch for Prospero Frazzinni, president of the Itallan-American bank, which closed its doors here when is was discovered that It had insufficient cash or negotiable securities to meet half of its liabilities of $707,792.17 and started a run. Search for Frazzinni W a S ordered when It was learned that he had been missing from his home. Grant McFerson, of the state bank examiner's office, was directing an examination of the bank's records, while the district attorney's office also detailed investigators to probe the cause of the failure.


Article from Gallatin County Tribune and Belgrade Journal, February 5, 1925

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Article Text

RUN ON A DENVER BANK IS CAUSE OF CLOSING DOORS Denver-Police throughout the country were asked to keep watch for Prospero Frazzinni, president of the ItalIan-American bank, which closed its doors here when is was discovered that It had insufficient cash or negotiable securities to meet half of Its liabilities of $707,792.17 and started a run. Search for Frazzinni ordered when it was learned that he had been missing from his home. Grant McFerson, of the state bank examiner's office, was directing an ex. amination of the bank's records, while the district attorney's office also detailed investigators to probe the cause of the failure.


Article from The Forsyth Independent, February 5, 1925

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Article Text

RUN ON A DENVER BANK IS CAUSE OF CLOSING DOORS Denver.-Police throughout the country were asked to keep watch for Prospero Frazzinni, president of the Italian-American bank, which closed its doors here when is was discovered that it had insufficient cash or negotiable securities to meet half of its liabilities of $707,792.17 and started a run. Search for Frazzinni ordered when it was learned that he had been missing from his home. Grant McFerson. of the state bank examiner's office, was directing an examination of the bank's records, while the district attorney's office also detailed investigators to probe the cause of the failure.


Article from The Chester Reporter, February 5, 1925

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Article Text

RUN ON A DENVER BANK IS CAUSE OF CLOSING DOORS throughout the country asked to keep watch for ProsFrazzinni, president of the Itallan-American bank, which closed its doors here when is was discovered that had insufficient negotiable securities to meet half of Its liabilities and started run. Search for Frazzinni ordered when it was learned that he had been missing from his home. Grant McFerson, of the state bank examiner's office, was directing an ex amination of the bank's records, while the district attorney's office also detailed investigators to probe the cause of the failure.


Article from The Columbus News, February 5, 1925

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Article Text

RUN ON A DENVER BANK IS CAUSE OF CLOSING DOORS Denver. throughout the eountry were asked to keep watch for Prospero Frazzinni, president of the Italian-American bank, which closed its doors here when is was discovered that It had insufficient cash or negotiable securities to meet half of its liabilities of $707,792.17 and started a run. Search for Frazzinni W ordered when It was learned that he had been missing from his home. Grant McFerson. of the state bank examiner's office. was directing an ex. amination of the bank's records, while the district attorney's office also defailed Investigators to probe the cause of the failure.


Article from Ashland Pioneer Press, February 6, 1925

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Article Text

RUN ON A DENVER BANK IS CAUSE OF CLOSING DOORS Denver.-Police throughout the country were asked to keep watch for Prospero Frazzinni, president of the Italian-American bank, which closed its doors here when is was discovered that It had insufficient cash or negotiable securities to meet half of its liabilities of $707,792.17 and started a run. Search for Frazzioni W ordered when it was learned that he had been missing from his home. Grant McFerson. of the state bank examiner's office. was directing an examination of the bank's records, while the district attorney's office also detailed investigators to probe the cause of the failure.


Article from The Ekalaka Eagle, February 6, 1925

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Article Text

DENVER BANK IS CAUSE OF CLOSING DOORS the country to keep watch for Frazzinni, president the Italian-American bank, which closed its doors here when was discovered that had insufficient cash or negotiable meet half of liabilities and started run. Search Frazzinni ordered when was learned that he had been missing from his home. Grant of the state bank examiner's amination the bank's records, while the district attorney's office also detailed investigators to probe the cause the failure.


Article from Ringling Independent, February 7, 1925

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Article Text

RUN ON A DENVER BANK IS CAUSE OF CLOSING DOORS throughout the try asked to keep watch for ProsFrazzinni, president of the Italian-American bank, which closed its doors here when discovered that had insufficient cash negotiable securities meet half of its liabilities and started run. Search for Frazzinni ordered when learned that he had been missing from his home. Grant McFerson, of the state bank examiner's office, was directing an examination of the bank's records, while the district attorney's office also detailed investigators to probe the cause of the failure.


Article from The Boulder Monitor, February 7, 1925

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Article Text

RUN ON A DENVER BANK IS CAUSE OF CLOSING DOORS Denver.-Police throughout the country were asked to keep watch for Prospero Frazzinni, president of the Italian-American bank, which closed its doors here when is was discovered that it had insufficient cash or negotiable securities to meet half of its liabilities of $707,792.17 and started a run. Search for Frazzinni W ordered when It was learned that he had been missing from his home. Grant McFerson, of the state bank examiner's office, was directing an examination of the bank's records, while the district attorney's office also detailed investigators to probe the cause of the failure.