New York Bank of the United States

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The New York Bank of United States was a bank in the Bronx, New York City which was founded in 1913. The institution had hundreds of thousands of depositors. While it survived the turmoil of Black Tuesday, it ended up collapsing and being unable to make whole on its deposits; it was one of the first large banks to collapse during the Great Depression.

[edit] References

  • Gray, Christopher. "Streetscapes: The Bank of United States in the Bronx; The First Domino In the Depression," The New York Times, August 18, 1991
  • "High-titled Bank can hold its name; Its Rivals Argued East Side Would Think "Bank of United States" Was Government's." The New York Times, June 24, 1913