Rochester Savings Bank (Rochester, NY)

Episode Information

Episode UID
50001270936
Episode Type
Run Only
Bank Type
savings
Bank ID
5000127 routing
Routing Number
50-0012
Start Date
December 29, 1877
Location
Rochester, New York (43.155, -77.616)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
2f23fdd43a9673e6

Response Measures

None

Events (1)

1. December 29, 1877 Run
Cause
Rumor Or Misinformation
Cause Details
Rumors circulated that the bank was in trouble; reports described the run as causeless and limited to small depositors.
Measures
Kept doors open evenings and on New Year's Day to meet demands; paid out as applicants reached the counter; currency sent from New York (mostly returned).
Newspaper Excerpt
There was a partial, and an entirely causeless run, to-day, on the Rochester savings bank.
Source
newspapers

Newspaper Articles (10)

Article from Daily Press and Dakotaian, December 29, 1877

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Article Text

NEW YORK. -THE ROCHESTER SAVINGS BANK. Rochester, Dec. 29.-There was a partial, and an entirely causeless run, to-day, on the Rochester savings bank. No alarm among intelligent classes. The bank has a surplus of $700,000 over all liabilities.


Article from Daily Press and Dakotaian, December 29, 1877

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Article Text

NEW YORK. THE ROCHESTER SAVINGS BANK. Rochester, Dec. 20.-There was a partial, and an entirely causeless run, to-day, on the Rochester savings bank. No alarm among intelligent classes. The bank has a surpius of $700,000 over all liabilities.


Article from The Cincinnati Daily Star, December 29, 1877

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Article Text

Another Savings Bank Run. National Associated Press to the Star. ROCHESTER, N. Y., Dec. 29.--Late yesterday alternoon it was rumored that the Rochester Savings Bank was In trouble, and this morning there is a heavy run on it. Hundreds of depositors are waiting for their turn. The bank thus far is paying out as last as the applicants get to the counter.


Article from The Rock Island Argus, December 29, 1877

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Article Text

Slight Kun on a Savings Bank. ROCHESTER, N. Y., Dec. 29.--There was a partial, and entirely causeless, run today on the Rochester Savings bank. There is no alarm among the intelligent classas. The bank has a surplus of $700,000 over all liabilities.


Article from The Sun, December 30, 1877

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Article Text

A Run on a Savings Bank. ROCHESTER. Dec. 29.-There is a run to-day on the Rochester Savings Bank. There is no alarm among the large depositors. The bank has a surplus of $700,000 over all liabilities.


Article from The New York Herald, December 30, 1877

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Article Text

A RUN ON A SAVINGS BANK. ROCHESTER, N. Y., Dec. 29, 1877. There is a partial and entirely uncalled for run to-day on the Rochester Savings Bank. There is no alarm among the large depositors, The bank has a surplus of $700,000 over all liabilities.


Article from Evening Star, January 2, 1878

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Article Text

Run on the Rochester Savings Bank. ROCHESTER, N.Y., Jan. 2-The run on the Rochester Savings Bank was insignificant, the fact that the bank is perfectly sound was soon established and allayed all excitement. Only the small depositors drew out their money.


Article from New-York Tribune, January 3, 1878

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Article Text

RUN ON THE ROCHESTER SAVINGS BANK. ROCHESTER, N. Y., Jan. 2.-The run on the Rochester Savings Bank was insignificant. The fact that the bank is perfectly sound was soon established, and allayed all excitement. Only the small depositors drew out their money. The institution kept its doors open evenings and on New Year's Day to meet the demands, but the amount drawn out was small. A large quantity of currency sent from New-York was not needed, and will be returned to that city.


Article from Vicksburg Weekly Herald, January 4, 1878

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Article Text

8 301 Run on a Savings Bank. ROCHESTER, N. Y., Dec. 29.-There was a partial run on the Rochester Savings Bank. No alarm among large depositors: The bank has a surplus of $700,000 over liabilities.


Article from The Emporia News, January 11, 1878

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Article Text

The Rochester, N. Y., savings bank piled up one million dollars on the counter, and the run stopped.