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In 1929, when trading stocks crashed and also the Great Depression began the actual planet 1930s, many banks experienced bankruptcy and were closed. However, Hudson City Bank suffer. Not did they remain open, but their assets were more than $11 million and they had reserves of $800,000. World war II, your next major conflict was between 1941 and 1945. The bank sold Ough.S. War Bonds and by the end of the 1940s, Hudson City had three offices in Jersey City and above $26 million in holdings.

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