Located at the Madison Street entrance of The First National Bank of Ottawa's main bank, one of Ottawa's historic murals tells of The First National Bank of Ottawa during the depression.
Following the stock market crash of 1929, Americans panicked and rushed to their local banks to withdraw their money. The result was that 5,755 banks closed between 1930 and 1932.
The closings had a domino effect, leading to business failures, lost jobs and lost homes.
The only surviving Ottawa bank, with more than $4 million on deposit and $1 million in cash, The First National Bank of Ottawa staved off depositor jitters by daily displaying an open vault with cash spilling out of it into a sill in its front window on LaSalle Street.
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