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US Pays Bank Depositors For First Time During Depression

For the first time in history, the US Government reimburses the patrons of a defunct bank by cashing in their accounts for one hundred cents on the dollar, under the new Federal insurance act / Small town street scene in East Peoria, Illinois / exterior of Fon du Lac bank / people standing outside Bank / CU bank sign / man shaking hand with old woman / people waiting in line as money is given out to them / young boy stands at bank window with bank book and is given coins as he counts them / sign 'F.D.I.C. Order Here'.
For the first time in history, the US Government reimburses the patrons of a defunct bank by cashing in their accounts for one hundred cents on the dollar, under the new Federal insurance act / Small town street scene in East Peoria, Illinois / exterior of Fon du Lac bank / people standing outside Bank / CU bank sign / man shaking hand with old woman / people waiting in line as money is given out to them / young boy stands at bank window with bank book and is given coins as he counts them / sign 'F.D.I.C. Order Here'.
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DETAILS

Editorial #:
477150446
Collection:
Archive Films: Editorial
Date created:
July 04, 1934
Upload date:
License type:
Rights-ready
Release info:
Not released.ÌýMore information
Clip length:
00:00:46:07
Location:
East Peoria, Illinois, United States
Mastered to:
QuickTime 10-bit ProRes 422 (HQ) HD 1920x1080 23.98p
Originally shot on:
35mm B/W Neg 24
Source:
Archive Films Editorial