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Difference between revisions of "Question: Was the Kirtland Safety Society a "wildcat bank"?"
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Revision as of 21:42, 12 April 2024
FAIR Answers—back to home page
Question: Was the Kirtland Safety Society a "wildcat bank"?
There is no evidence that the KSS was a “wildcat bank”
There is no evidence that the KSS was a “wildcat bank.” It was located in Kirtland, a large and thriving town in Ohio. The bank did not decline to exchange scrip for specie. In fact, this willingness to honor its notes created trouble for the bank early on, since they had insufficient funds to honor their notes after only about two weeks.
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