The Kirtland Safety Society

GPTKB entity

Statements (57)
Predicate Object
gptkbp:instance_of gptkb:Bank
gptkbp:bfsLayer 4
gptkbp:bfsParent gptkb:J._Joseph_Smith
gptkbp:affiliated_with gptkb:The_Church_of_Jesus_Christ_of_Latter-day_Saints
gptkbp:associated_with gptkb:Politician
economic downturn
gptkbp:business_model cooperative banking
gptkbp:challenges economic instability
gptkbp:closing_date 1838
gptkbp:community_impact loss of trust in banking
gptkbp:community_support local members
gptkbp:conflict 1837 financial panic
gptkbp:cultural_significance part of Mormon heritage
gptkbp:dissolved 1838
bank failure
gptkbp:economic_impact disruption of local commerce
gptkbp:economy importance of regulation
gptkbp:feedback formation of alternative financial systems
gptkbp:financial_performance gptkb:legal_case
gptkbp:financial_products speculative investments
promissory notes
part of Latter Day Saint history
unconventional banking methods
gptkbp:founded 1837
gptkbp:founder gptkb:J._Joseph_Smith
gptkbp:has_weakness loss of deposits
gptkbp:headquarters gptkb:Kirtland,_Ohio
gptkbp:historical_analysis study of early banking practices.
gptkbp:historical_context 19th century America
gptkbp:historical_documentation records of transactions
gptkbp:historical_significance first bank in Kirtland
https://www.w3.org/2000/01/rdf-schema#label The Kirtland Safety Society
gptkbp:impact economic difficulties for members
gptkbp:in-game_currency gptkb:Kirtland_bank_notes
fiat currency
limited acceptance
gptkbp:innovation community loans
gptkbp:is_respected_by eroded trust in leadership
gptkbp:key_figures gptkb:Sidney_Rigdon
gptkbp:legacy cautionary tale for future banks
influence on Mormon banking history
influence on future banking practices
gptkbp:legal_issue chartered bank
gptkbp:location gptkb:Kirtland,_Ohio
gptkbp:notable_event failure of the bank
gptkbp:operational_area 1837-1838
gptkbp:philosophy trust-based lending
gptkbp:primary_source to provide banking services
gptkbp:public_perception controversial
gptkbp:regulatory_compliance unregulated banking
gptkbp:related_event Kirtland Temple construction
gptkbp:related_show gptkb:Brigham_Young
gptkbp:revenue community-based banking
gptkbp:strategic_importance gptkb:local_economy
lack of capital
gptkbp:successor gptkb:Kirtland_Safety_Society_Anti-Banking_Company
gptkbp:type gptkb:Educational_Institution