Pella National Bank, Pella, IA (Charter 2063)

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Real photo postcard of the Pella National Bank building in 1910.

Pella National Bank, Pella, IA (Chartered 1872 - Closed (Merger) 1996)

Town History

Photo of the Pella National Bank building in 2018. Courtesy of Google Maps

Pella is located in Marion County in south central Iowa. In 1847, 800 Dutch immigrants led by Dominee (Minister) Hendrik "Henry" P. Scholte settled the area known as Pella. The name "Pella" is a reference to Pella of the Decapolis, where the Christians of Jerusalem had found refuge during the Roman–Jewish war of 70; the name was selected because the Dominee and his followers sought religious freedom as well. Pella was the childhood home of Wyatt Earp, whose father Nicholas Porter Earp had settled on a farm near Pella. His brothers Warren and Morgan were born in Pella.

During the National Bank Note Era, the population of Pella was 1,909 in 1870, rising to 2,623 in 1900, and increasing more to 3,326 in 1930. It's highest population was 10,352 in 2010, and the current population is estimated at 10,335 (2018).

Pella had 3 National Banks chartered during the Bank Note Era, and all 3 of those banks issued National Bank Notes.

Bank History

  • Organized Oct 7, 1872
  • Chartered Nov 7, 1872
  • Conservatorship Mar 16, 1933
  • Licensed Jun 8, 1933
  • Bank was Open past 1935
  • For Bank History after 1935 see FDIC Bank History website
  • Merged into Mercantile Bank of Western Iowa in Des Moines,IA Sep 14, 1996

Official Bank Title(s)

1: The Pella National Bank, Pella, IA

Bank Note Types Issued

Original Series $20 bank note with pen signatures of John Nollen, Cashier and Pierre Henri Bousquet, President. Courtesy of Heritage Auctions, http://www.ha.com
1902 Plain Back $20 bank note with pen signatures of Henry Paul Scholte, Cashier and Edward Stephanus Cook, Vice President. Courtesy of Heritage Auctions, http://www.ha.com
1929 Type 2 $5 bank note with printed signatures of Henry Paul Scholte, Cashier and George Gerard Gaass, President. Courtesy of Heritage Auctions, http://www.ha.com

A total of $1,111,840 in National Bank Notes was issued by this bank between 1872 and 1935. This consisted of a total of 113,780 notes (79,392 large size and 34,388 small size notes).

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

Series/Type Sheet/Denoms Serial#s
Original Series 4x5 1 - 1750
Original Series 3x10-20 1 - 2500
Series 1875 3x10-20 1 - 3410
1882 Brown Back 3x10-20 1 - 3680
1882 Date Back 3x10-20 1 - 1564
1902 Date Back 3x10-20 1 - 1500
1902 Plain Back 3x10-20 1501 - 6944
1929 Type 1 6x5 1 - 4242
1929 Type 2 5 1 - 8936

Bank Presidents and Cashiers

Pella National Bank Presidents and Cashiers during the National Bank Note Era (1872 - 1936):

Presidents:

Cashiers:

Other Known Bank Note Signers

Bank Note History Links

Sources

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