Catawissa National Bank, Catawissa, PA (Charter 7448)

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Postcard of the Catawissa National Bank, ca1920s. Construction of the bank was by Howard Helwig of Millersburg, a native of Numidia.
Postcard of the Catawissa National Bank, ca1920s. Construction of the bank was by Howard Helwig of Millersburg, a native of Numidia. Courtesy of Adam Stroup.

Catawissa National Bank, Catawissa, PA (Chartered 1904 - Open past 1935)

Town History

Catawissa is a borough in Columbia County in east-central Pennsylvania. The area around Catawissa was originally owned by William Henry in 1769. Catawissa was laid out in 1787 and at the time was referred to as "Hughesburg" or "Catawissey". The town is on the southeast side of the North Branch of the Susquehanna River about 5 miles south of Bloomsburg.

During the National Bank Note Era (1863-1935), the population of Catawissa was 1,427 in 1880, growing to 2,023 in 1930. Its highest population was 2,053 in 1940, and the population was 1,539 at the 2020 census.

Catawissa had two National Banks chartered during the Bank Note Era, and both of those banks issued National Bank Notes.

Bank History

In April 1956, by an almost unanimous vote of the stockholders, the merger of the Catawissa National Bank and the Valley National Bank, Numidia, was approved. The two organizations would consolidate on the close of business April 26. Capitalization of the new institution was $125,000, consisting of 12,500 shares of stock with a par value of $10 per share. Surplus and undivided profits were $230,000 and total resources were $3,600,000.

Official Bank Title(s)

1: The Catawissa National Bank, Catawissa, PA

Bank Note Types Issued

Serial Number 1 Series 1902 Red Seal $5 bank note
Serial Number 1 Series 1902 Red Seal $5 bank note with pen signatures of Nelle P. Vastine, Assistant Cashier, and C.P. Pfahler, Vice-President. Courtesy of Heritage Auctions, www.ha.com
1902 Date Back $5 bank note with pen signatures of C.S.W. Fox, Cashier, and C.J. Fisher, President
1902 Date Back $5 bank note with pen signatures of C.S.W. Fox, Cashier, and C.J. Fisher, President. Courtesy of Adam Stroup
Series 1929 Type 2 $20 bank note
Series 1929 Type 2 $20 bank note with printed signatures of Edward R. Unangst, Cashier and C.J. Fisher, President. Courtesy of Heritage Auctions, www.ha.com

A total of $748,600 in National Bank Notes was issued by this bank between 1904 and 1935. This consisted of a total of 93,619 notes (84,184 large size and 9,435 small size notes).

This bank issued the following Types and Denominations of bank notes:

Series/Type Sheet/Denoms Serial#s Sheet Comments
1902 Red Seal 4x5 1 - 1580
1902 Red Seal 3x10-20 1 - 1208
1902 Date Back 4x5 1 - 4800
1902 Date Back 3x10-20 1 - 3260
1902 Plain Back 4x5 4801 - 11250
1902 Plain Back 3x10-20 3261 - 7008
1929 Type 2 5 1 - 5370
1929 Type 2 10 1 - 2695
1929 Type 2 20 1 - 1370

Bank Presidents and Cashiers

The Catawissa National Bank Presidents and Cashiers during the National Bank Note Era (1904 - 1936):

Presidents:

Cashiers:

Other Bank Note Signers

Wiki Links

Sources

  • Catawissa, PA, Wikipedia, https://en.wikipedia.org/wiki/Catawissa,_Pennsylvania
  • Don C. Kelly, National Bank Notes, A Guide with Prices. 6th Edition (Oxford, OH: The Paper Money Institute, 2008).
  • Dean Oakes and John Hickman, Standard Catalog of National Bank Notes. 2nd Edition (Iola, WI: Krause Publications, 1990).
  • Banks & Bankers Historical Database (1782-1935), https://bbdata.banknotehistory.com
  • Shamokin Daily News, Shamokin, PA, Thu., Dec. 10, 1931.
  • The Daily Item, Sunbury, PA, Mon., Apr. 16, 1956.
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