Run on San Antonio’s City-Central Bank and Trust Company during the Depression, 1931
In the early years of the Great Depression, there were a number of "bank runs." A bank experiences a "run" when many of its depositors, all at once, become concerned that the bank will soon fail and rush to withdraw all of their money. The Roosevelt administration took several actions in the early 1930s, such as creating the Federal Deposit Insurance Corporation (FDIC), to prevent the widespread panic that led to bank runs.
Run on San Antonio’s City-Central Bank and Trust Company during the Depression, 1931. Photograph by Hearst Corporation. San Antonio Light Collection, #L-1302-H, UTSA Institute of Texan Cultures.