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What happened December 1930 AD

Check most memorable events December 1930 AD.


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  • Eccles Building, Washington, D.C., U.S.
    Dec, 1930
    Great Depression

    Federal Reserve's federal funds rate reaches 2%

    Eccles Building, Washington, D.C., U.S.
    Dec, 1930

    The Federal Reserve's federal funds rate reaches 2%, a then-record low.



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  • U.S.
    Dec, 1930
    Great Depression

    First major round of U.S. bank failures

    U.S.
    Dec, 1930

    First major round of U.S. bank failures. Some $550 million in deposits are lost. Over 300 banks failed in December alone.



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  • New York City, New York, U.S.
    Dec, 1930
    Great Depression

    Bank of United States collapses

    New York City, New York, U.S.
    Dec, 1930

    Bank of United States (a private bank in New York City) collapses.



    Crowds outside the Bank of United States in New York after its failure in 1931
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