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Building Faith Through Church History

Listen to the History Of The Saints Podcast Now!

Season 6 Episode 08 The Kirtland Safety Society Anti-bank

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The Kirtland Safety Society was created by Joseph Smith and his associates to help with the Church’s debts and to prosper the Saints while building up Kirtland. But opposition arose almost from the bank’s inception.

Description

The Kirtland Safety Society was created by Joseph Smith and his associates to help with the Church’s debts and to prosper the Saints while building up Kirtland. In its establishment they followed the banking precedents and protocols of the day. They began selling stock in October of 1836 and it was originally incorporated November 2, 1836. There were great hopes that this would bring a measure of financial independence and prosperity to the Saints. But of course, as we shall show, opposition arose almost from the bank’s inception.

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