Banking crisis a bank run when a commercial bank suffers a sudden rush of withdrawals by depositors this is called a bank run a banking panic: a situation in which bank runs are widespread is called a systemic banking crisis or just a banking panic. a credit crunch: a situation without widespread bank runs, but in which banks are reluctant to lend because they worry that they have insufficient funds available is often called a credit crunchBank C ingrisis  b kan run:wh i l b k ff hen a commercial bank suffers a sudden rush of withdrawals by depositors, this is ca ed a ba u lled a bank run.  banking panic:a situation in which bank runs are widespread is called a systemic banking crisis or j t b ki i just a banking panic.  credit crunch: a situation without widespread bank runs but in which banks are reluctant to bank runs, but in which banks are reluctant to lend, because they worry that they have insufficient funds available, is often called a credit crunch