The Federal Reserve Bank of Minneapolis once chartered a small airplane to deliver money to a commercial bank that was experiencing a "mad run" on the bank.

Question

Quizplus · Accepted Answer

This is true. In the 1980s, the Federal Reserve Bank of Minneapolis did charter a small airplane to deliver cash to a commercial bank experiencing a bank run. The plane was loaded with more than $50 million in cash to meet the sudden and large demand for withdrawals from the panicked depositors of the First National Bank of Chicago.

The Federal Reserve Bank of Minneapolis Once Chartered a Small