Run on the Erie National Bank, Sixth and Erie Avenue, Philadelphia, PA, 1931.
Close Window

Customers stand outside the locked doors of the back, reading a sign on one of the doors.

Credit: Courtesy of Temple University, Urban Archives, Philadelphia, Pa

During the early years of the Great Depression, runs on deposits forced hundreds of banks throughout Pennsylvania to liquidate their affairs and close their doors. Allentown lost six of its ten banks, and in Philadelphia more than fifty banks, most of them small, also failed, taking with them all of their depositors" savings.

Back to Top