Franklin National Bank
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Information for Authority record
Sources of Information
- U.S. Cong. House. Comm. on Govt. Op., Commerce, Consumer, and Monetary Affairs. Oversight hearings into the effectiveness ... 1976 (subj.)t.p. (Franklin National Bank failure) p. 2, etc. (in 1934: Franklin Square National Bank [no publs. in LC]; in 1967 Federation Bank & Trust [no publs. in LC] merged with Franklin) p. 286, etc. (in 1974 went through failure, was taken over, and assets acquired by European-American Bank and Trust Company)
- Moody's bank & fin. man., 1972(Franklin National Bank (Brooklyn, N.Y.) chartered in 1926 as Franklin Square National Bank, name changed to Franklin National Bank in 1949)
- Franklin letter, July-Aug. 1962, surrogate:caption t.p. (Franklin National Bank of Long Island); June 1974, surrogate: caption (Franklin National Bank)
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Wikipedia description:
Franklin National Bank was a bank based in Franklin Square on Long Island, New York. It was once the United States' 20th largest bank. On October 8, 1974, it collapsed in obscure circumstances involving Michele Sindona, who was a renowned Mafia-banker and member of the irregular freemasonic lodge Propaganda Due. It was at the time the largest bank failure in the history of the country.
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