bank run
Mass depositor flight
A bank run is a sudden rush of depositors withdrawing their money from a bank, typically triggered by fears that the bank will fail.
The panic becomes self-fulfilling: as withdrawals mount, the bank's reserves deplete, potentially causing the very collapse customers feared.
News of the bank run spread, and lines formed around the block.
- depositorsThose who bank funds
- Glass-Steagall ActLaw dividing banking types
- too big to failRequiring rescue due to scale
- bail outRescue from trouble
- collapseSudden structural failure
withdrawal · long lines · line · panic · FDIC · liquidity · money supply · financial crisis · herd mentality · failure · financial contagion · fear · insolvency · frozen assets · cash reserves · crash · systemic risk · rush
- economyGDP, money, inflation, inflation rate, GNP
- crisescrisis, emergency, disaster, natural disaster, catastrophe
- economic crisisrecession, depression, collapse, downturn, contraction
- economic historystock market crash, Industrial Revolution, trade routes, Great Depression, gold standard
- US bankingFDIC, Fed, bank failures, Federal Reserve, Glass-Steagall
- banking termsaccount number, routing number, balance, FDIC, bank statement
financial stability
bank runfinancial stability
Sound economic standing
market stability · business as usual · financial health · creditworthiness · FDIC insurance