Yonkers Savings Bank (Yonkers, NY)

Episode Information

Episode UID
50005071102
Episode Type
Run Only
Bank Type
savings
Bank ID
5000507 routing
Routing Number
50-0050
Start Date
October 20, 1891
Location
Yonkers, New York (40.931, -73.899)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
00f84076d19b1d9b

Response Measures

None

Events (1)
1. October 20, 1891 Run
Cause
Rumor Or Misinformation
Cause Details
A false rumor (originating in the Warring hat factory) that the bank had failed, which officers promptly denied.
Random Run
Yes
Random Run Snippet
false rumor in Warring hat factory that bank had failed; denied
Measures
Officers publicly denied the report and reassured depositors; normal payments continued.
Newspaper Excerpt
The run which began last night on the Yonkers Savings Bank started, by a false rumor in the Warring hat factory that the bank had failed, ended by 11 o'clock this morning.
Source
newspapers

Newspaper Articles (10)
1. October 21, 1891 The Wichita Daily Eagle Wichita, KS
Article from The Wichita Daily Eagle, October 21, 1891

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Article Text

FAILURES. YONKERS, N. Y., Oct. 20.-There is much excitement in this city tonight over a run on the Yonkers Savings bank. The report was started that the bank is in financial troubles and about to go into bankruptcy. The president of the bank denied that the bank is in financial difficulties.

2. October 21, 1891 The Cheyenne Daily Leader Cheyenne, WY
Article from The Cheyenne Daily Leader, October 21, 1891

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Article Text

Run on a Bank YONKERS. N. Y., Oct. 20.-There is much excitement in the city tonight over the run on the Yonkers Savings bank made this afternoon A report was started that the bank was in financial trouble and a rush was made by many depositors, and although the officers promptly denied the report, at least 2,000 persons drew out deposits amounting to $200,000.

3. October 21, 1891 The Evening Herald Shenandoah, PA
Article from The Evening Herald, October 21, 1891

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Article Text

Run on a Bank. YONKERS, N. Y., Oct. 21.-A run began on the Yonkers Savings Bank yesterday, caused, it was stated, by a rumor that the institution was to go into bankruptcy. At the close of business nearly 2,000 depositors had drawn out their money, amounting to $200,000. The officers of the bank say the concern Is perfectly solvent and will promptly pay all demands.

4. October 21, 1891 Waterbury Evening Democrat Waterbury, CT
Article from Waterbury Evening Democrat, October 21, 1891

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Article Text

Run on a Bank. YONKERS, N. Y., Oct. 21.-A run began on the Yonkers Savings Bank yesterday, caused, it was stated, by a rumor that the institution was to go into bankruptcy. At the close of business nearly 2,000 depositors had drawn out their money, amounting to $200,000. The officers of the bank say the concern is perfectly solvent and will promptly pay all demands.

5. October 22, 1891 New-York Tribune New York, NY
Article from New-York Tribune, October 22, 1891

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Article Text

THE RUN ON THE YONKERS SAVINGS BANK. The run on the Yonkers Savings Bank, although a line of depositors passed before the cashiers up to the

6. October 22, 1891 The Morning News Savannah, GA
Article from The Morning News, October 22, 1891

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Article Text

YONKERS' BANK RUN. The Scare Finally Allaved and Deposits Flow Back. YONKERS, N. Y., Oct. 21.-The run which began last night on the Yonkers Savings Bank started, by a false rumor in the Warring hat factory that the bank had failed, ended by 11 o'clock this morning. A good many depositors withdrew their money early, but others deposited and the excitement ended.

7. October 22, 1891 Deseret Evening News Salt Lake City, UT
Article from Deseret Evening News, October 22, 1891

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Article Text

The Run on a Bank Ceases. YONKERS, N.Y., Oct. 21.--The run which started yesterday on the Yonkers Savings bank ended before noon today without any serious inconvenience to the bank.

8. October 22, 1891 Los Angeles Herald Los Angeles, CA
Article from Los Angeles Herald, October 22, 1891

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Article Text

Bank Run Ended. YONKERS, Oct. 21.-The run which started yesterday on the Yonkers savings bank ended before noon today, without any serious inconvenience to the bank.

9. October 22, 1891 Telegram-Herald Grand Rapids, MI
Article from Telegram-Herald, October 22, 1891

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Article Text

Ren on a Yonkers Bank New York, Oct. 31.-A run was made on the Yonkers savings bank at Yonkers Tuesday afternoon. The deposit. ors drew out about $200,000. The report was started that the bank was in trouble. This was denied by the president. who says the bank was perfectly evivent

10. October 22, 1891 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, October 22, 1891

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Article Text

Run on the Yonkers Bank Ended. YONKERS, N. Y., Oct. 21.-The run which started yesterday on the Yorkers Savings bank ended before noon to-day without any serious inconvenience to the bank.