Anthony Pedrone, also a retired vice president at Wilber National Bank said he couldn’t remember any runs on the banks after they reopened after the holidays.
“I have an impression they just felt relieved,” Pedrone said.
The local bankers recalled that one bank in Franklin closed down after the holidays, as well as several small local private banks, but none could recall that any people lost much of their money.
On Monday: Local residents braced for the “Blizzard of 1993.”
City Historian Mark Simonson’s column appears twice weekly. On Saturdays, his column focuses on the area during the Depression and before. His Monday columns address local history after the Depression. If you have feedback or ideas about the column, write to him at The Daily Star, or email him at firstname.lastname@example.org. His website is www.oneontahistorian.com. His columns can be found at www.thedailystar.com/marksimonson.