History didn't start there of course. There were many such failures going all the way back to 1700s in the U.S: https://en.wikipedia.org/wiki/List_of_banking_c

History didn't start there of course. There were many such failures going all the way back to 1700s in the U.S: https://en.wikipedia.org/wiki/List_of_banking_crises https://en.wikipedia.org/wiki/List_of_banking_crises https://en.wikipedia.org/wiki/Panic_of_1873 https://en.wikipedia.org/wiki/Panic_of_1873