First National Bank, Rippey, IA (Charter 7609)

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Photo postcard of the First National Bank ca. 1910 with inscription from Cashier John Herbert Van Scoy. Courtesy of Dean Parr

First National Bank, Rippey, IA (Chartered 1905 - Merger 1990)

Town History

The First National Bank building as it appeared in 2011. The building was demolished in 2012. Photo courtesy of Dean Parr

Rippey is located in Greene County in west central Iowa. Rippey got its start in the year 1870, following construction of the Des Moines Valley Railroad through that territory.

During the National Bank Note Era, the population of Rippey was 395 in 1900, staying fairly constant with 357 in 1930. It's highest population was 421 in 1940, and the current population is estimated at 273 (2019).

Rippey had one National Bank chartered during the Bank Note Era, and it issued National Bank Notes.

For more information on the town of Rippey, see their Wikipedia page.


Bank Note History Wiki links:

Bank History

  • Organized Feb 7, 1905
  • Chartered Feb 13, 1905
  • Succeeded Bank of Rippey
  • Opened for business Feb 15, 1905
  • Merged with Peoples Trust & Savings Bank in Clive, Iowa December 31, 1990


Here's a link to a 100 Year History of the First National Bank of Rippey, IA by Clark Bardole.

Official Bank Title

1: The First National Bank of Rippey, IA

Bank Note Types Issued

1902 Plain Back $10 bank note with stamped signatures of John Herbert Van Scoy, Cashier and William Horace McCammon, President
1929 Type 1 $ bank note with printed signatures of John Herbert Van Scoy, Cashier and Burney Max Riley, President

A total of $413,000 in National Bank Notes was issued by this bank between 1905 and 1935. This consisted of a total of 52,222 notes (43,116 large size and 9,106 small size notes).

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

Series/Type Sheet/Denoms Serial#s
1902 Red Seal 4x5 1 - 1045
1902 Red Seal 3x10-20 1 - 697
1902 Date Back 4x5 1 - 1700
1902 Date Back 3x10-20 1 - 1160
1902 Plain Back 4x5 1701 - 5569
1902 Plain Back 3x10-20 1161 - 3468
1929 Type 1 6x5 1 - 834
1929 Type 1 6x10 1 - 424
1929 Type 1 6x20 1 - 130
1929 Type 2 5 1 - 394
1929 Type 2 10 1 - 324
1929 Type 2 20 1 - 60

Bank Presidents and Cashiers

First National Bank Presidents and Cashiers during the National Bank Note Era (1905 - 1936):

Presidents:

  • William Horace McCammon, 1905-1928
  • Alex Wilhelm High, 1929-1930
  • Burney Max Riley, 1931-1935

Cashiers:

  • John Herbert Van Scoy, 1905-1935

Other Bank Note Signers

  • There are currently no known Vice President or Assistant Cashier bank note signers for this bank.

References

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