Poweshiek County NB, Grinnell, IA (Charter 13473)

From Bank Note History
Jump to navigation Jump to search
Colorized postcard of the Powesheik County National Bank building ca. 1920s. Note: This building originally housed the Merchants National Bank. Historic Iowa Postcard Collection, Special Collections and Archives, Grinnell College Libraries.

Poweshiek County NB, Grinnell, IA (Chartered 1930 - Closed (Merger) 1995)

Town History

The Poweshiek County National Bank building in 2016. It now houses Grinnell Area Chamber of Commerce and Grinnell Visitor Center. Courtesy of Google Maps.

Grinnell is located in Poweshiek County in central Iowa.

Grinnell was founded in 1854 by four men: Josiah B. Grinnell, a Congregationalist from Vermont; Homer Hamlin, a minister; Henry Hamilton, a surveyor; and Dr. Thomas Holyoke. The city was to be named "Stella," but J.B. Grinnell convinced the others to adopt his name, describing it as rare and concise. Grinnell was incorporated on April 28, 1865.

Grinnell was a stop on the Underground Railroad.

Grinnell was also a stop along the Mormon Trail.

Grinnell is home to Grinnell College, established in 1846. In 1889, Grinnell College and the University of Iowa played each other at Grinnell in the first football game played west of the Mississippi River

Grinnell was home to Spaulding Manufacturing. H.W. Spaulding began making carriages and spring wagons in Grinnell, Iowa in 1876. In 1909 the Spaulding Manufacturing Company added automobiles to its production line.

During the National Bank Note Era, the population of Grinnell was 1,482 in 1870, climbing greatly to 5,036 in 1910, and dropping slightly to 4,949 in 1930. It's highest population and current population is 9,320 (2018).

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

Bank History

  • Organized Jun 5, 1930
  • Chartered Jun 13, 1930
  • Absorbed 7439 Jul 31, 1930 (Citizens National Bank, Grinnell, IA)
  • Bank was Open past 1935
  • For Bank History after 1935 see FDIC Bank History website
  • Name changed to Brenton National Bank-Poweshiek County on Dec 31, 1984
  • Acquired Brenton National Bank of Perry on Sept. 30, 1995
  • Merged into Brenton Bank in Des Moines, IA Sep 30, 1995

The Poweshiek County National Bank building is one of the eight Midwestern "jewel-box" banks designed by Louis Sullivan, legendary American architect and mentor of Frank Lloyd Wright.

Official Bank Title(s)

1: The Poweshiek County National Bank of Grinnell, IA

Bank Note Types Issued

1929 Type 1 $10 bank note with printed signatures of Robert Stanleigh Kinsey, Cashier and Woodward Harold Brenton, President. Courtesy of Heritage Auctions, www.ha.com

A total of $59,220 in National Bank Notes was issued by this bank between 1930 and 1935. This consisted of a total of 7,392 notes (0 large size and 7,392 small size notes).


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

Series/Type Sheet/Denoms Serial#s
1929 Type 1 6x5 1 - 734
1929 Type 1 6x10 1 - 376
1929 Type 1 6x20 1 - 122

Bank Presidents and Cashiers

Poweshiek County National Bank Presidents and Cashiers during the National Bank Note Era (1930 - 1936):

Presidents:

Cashiers:

Other Bank Note Signers

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

Wiki Links

Sources

Retrieved from "https://banknotehistory.mywikis.wiki/w/index.php?title=Poweshiek_County_NB,_Grinnell,_IA_(Charter_13473)&oldid=21987"