Helena National Bank

Episode Information

Episode UID: 440601123
Episode Type: Run Only
Bank Type: national
Bank ID: 44060 national
Charter Number: 4406
Start Date: July 28, 1893
Location: Helena, Montana (46.593, -112.036)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: b812c2803d4e2581

Response Measures

Accommodated withdrawals

Description

Article describes a city-wide run in Helena but does not name Helena National Bank explicitly.

Events (3)

1. August 29, 1890 Chartered

Source: historical_nic

2. July 28, 1893 Run

Cause: Local Banks
Cause Details: Runs triggered by suspension of other Helena banks (First National and Montana National) leading to runs on other city banks.
Measures: Banks paying cash promptly; expressing confidence they can stand any run.
Newspaper Excerpt: A run is in progress on all the other city banks. The banks are confident they can stand any run and are paying cash promptly.
Source: newspapers

3. January 8, 1895 Voluntary Liquidation

Source: historical_nic

Newspaper Articles (1)

1. July 28, 1893 The Madison Daily Leader Madison, SD

Article from The Madison Daily Leader, July 28, 1893

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Article Text

Helena Banks Suspend. HELENA, Mon., July 28.-The First National bank and the Montana National bank suspended. The First National had average deposits of $3,250,000 and the Montana National $1,500,000. Both banks have ample assets and will pay in full. A run is in progress on all *the other city banks. The banks are confident they can stand any run and are paying cash promptly.