You will need a program capable of playing Microsoft Silverlight files to view this video.

Download Microsoft Silverlight for free at
Microsoft Silverlight


Bank Closures

In order to view this video, you must install Microsoft Silverlight

This video player uses Microsoft Silverlight.

Time Frame: 1929-1939

During the 1920s about 300 banks closed in Iowa leading up to the Great Depression.
The Iowa Heritage Hard Times
Iowa Public Television

View all artifacts



If farmers suffered, then small towns suffered. And if small towns suffered, then their financial centers, the banks, suffered. When news got out that a bank was about to close, people panicked and rushed to withdraw their savings. This only made the inevitable death of a bank come sooner. During the 1920s over 300 banks closed in Iowa and customers at the end of the line found their savings had vanished over night.


Iowa Pathways: Iowa History Resources for Students and Teachers
Home ~ My Path ~ Artifacts ~ Timeline ~ Quest ~ Teacher Resources ~ Project Information ~ Sponsors
Iowa Pathways © 2005 - 2015 Iowa Public Television