Oneida Central Bank (Rome, NY)

Episode Information

Episode UID
5026287290694
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
502628729 hash
Start Date
October 6, 1857
Location
Rome, New York (43.227, -75.492)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
431664b7917ef24d

Response Measures

None

Description

Sources show suspension during the Panic of 1857 but do not state whether the bank later resumed operations; further records could confirm final disposition.

Events (1)

1. October 6, 1857 Suspension
Cause
Macro News
Cause Details
Panic of 1857 / widespread suspension of specie payments across many banks in October 1857
Newspaper Excerpt
the Oneida Central Bank, Rome, ... are discredited or suspended
Source
newspapers

Newspaper Articles (2)

Article from New-York Daily Tribune, October 6, 1857

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Article Text

The aspect of monetary affairs throughout the country yesterday was slightly encouraging. Failures are reported, it is true, in most of the principal cities; several banks among them, the Bank of Central New. York, Utica; the Oneida Central Bank, Rome, and the Worthington Bank, of this State; the Bank of North A merica, Seymour, Conn., and the Western Bank, Springfield, Mass., are diseredited or suspended; and the City, Bank State-


Article from Weekly National Intelligencer, October 10, 1857

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Article Text

SUSPENDED BANKS EASTWARD. The New York Sun gives the following list of Banks located east of Maryland which have suspended specie payments : MAINE. Canton Bank, China. Monsum River Bank, Sanford. Exchange Bank, Bangor. Sanford Bank, Sanford. NEW HAMPSHIRE. Exeter Bank, Exeter. Weare Bank, Hamilton Falls. RHODE ISLAND. All suspended specie payments. MASSACHUSETTS. Bass River Bank. Western Bank, Springfield. Lee Bank, Lee. VERMONT. Danby Bank, Danby. South Royalton Bank, South Stark Bank, Bennington. Royalton. CONNECTICUT. Bridgeport City, Bank, Bridgeport. Thompson Bank. Bank of Hartford County. Windham County Bank. Bank, of North America, Seymour. Mercantile Bank, Hartford. Colchester Bank, Colchester. Exchange Bank, Hartford. Pawcatuck Bank. Charter Oak Bank, Hartford. NEW YORK. Agricultural Bank, Herkimer. Island City Bank, N. Y. city. Leonardsville Bank. Bank of Canandaigua. Bank of Central New York, Utica. Mechanics' Banking Association, Bank of Lima. New York city. Bank of Old Saratoga. Medina Bank. Bank of Orleans, Albion. Niagara River Bank, Tonawanda. Bank of Watertown. Oliver Lee's Bank, Buffalo. Chemung County Bank. Ontario County Bank, Phelps. Dairymen's Bank, Newport. Ontario Bank, Utica. Farmers' and Citizens' Bank, L.I. Oneida Central Bank, Rome. Farmers' Bank, Hudson. Powell Bank, Newburgh. Hamilton Exchange Bank. Reciprocity Bank, Buffalo. Hollister Bank, Buffalo. Sacketts' Harbor Bank, Buffalo. Hudson River Bank. Western Bank, Lockport. Huguenot Bank, New Paltz. Worthington Bank. Yates County Bank, Penn Yan. NEW JERSEY. America Bank, Trenton. Bank of N. J.; N. Brunswick. Bergen County Bank. Bordentown Banking Company. Burlington Bank. Burlington County Bank. Camden Bank, Camden. Cumberland Bank, Burlington. Farmers' and Mechanics' Bank, Gloucester Bank, Woodbury. Camden. Hunterdon County Bank. Mount Holly Bank. Phillipeburgh Bank. Princeton Bank, Princeton. Salem Banking Company, Salem. Union Bank of Frenchtown. PENNSYLVANIA.