Annville National Bank, Annville, PA (Charter 2384)

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Postcard of the Annville National Bank, ca. 1910
Postcard of the Annville National Bank, ca. 1910. Courtesy of Mark Hotz

Annville National Bank, Annville, PA (Chartered 1878 - Open past 1935)

Town History

Sketch of the Annville National Bank building from 1899.
Sketch of the Annville National Bank building from 1899.

Annville is located in Lebanon County.

Although the name Annville can be traced back to at least 1801, the town did not officially take the name until the 1850s. Before the name Annville, there were variations including Anvil, Anvile, Annwill, and Millerstown. Prior to 1850, the township was most commonly referred to as Millerstown after founder and developer Andrew Miller. Miller's wife was Ann and one version of the origin is it is named after her, or possibly after Adam Ulrich's wife, Julianna, both early settlers in the area. Still another version is the name came from Anne, Queen of England, from 1702-1714.

Andrew Miller was from the Palatinate region of Germany and emigrated to the area, purchasing 232 acres of land in 1747. Early industries consisted of mills strung along the Quittapahilla Creek. Five distilleries were operating prior to 1800 and weaving became an important industry.

The Kreider family was synonymous with Annville with Joseph Kreider's box factory and water company. A.S. Kreider was a U.S. Congressman and shoe factory owner who lived in the mansion that became the Hill Farm retirement home. Andrew W. Kreider was an organizer and director of the Annville Savings Bank, later becoming the Annville National Bank of which he led as vice president and later president. Henry Kreider was a vice-president of Lebanon Valley College and was in the coal and feed business. David Kreider owned a mill on the Quittapahilla on White Oak Street.

Annville Township had a population of 4,767 at the 2010 census.

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

Bank History

  • Organized April 17, 1878
  • Chartered May 17, 1878
  • Succeeded Savings & Deposit Bank
  • Bank was Open past 1935
  • Consolidation July 27, 1956 of the Lebanon National Bank (Charter 680), Palmyra Bank and Trust Co., and The Annville National Bank resulting in the Lebanon Valley National Bank

In March 1893, Mr. Andrew Kreider who served as vice president since its incorporation was elected president to fill the vacancy caused by the death of Judge Kinports. H.H. Kreider was elected vice president.

In January 1895, the following directors were elected to serve for the ensuing year: Andrew Kreider, H.H. Kreider, S. Fleisher, George W. Stine, Cornelius Smith, John L. Balsbaugh, David Kreider. The directors chose the following officers: Andrew Kreider, president; H. H. Kreider, vice president; G.W. Stine, cashier; A.C. Rigler and E.A Henry, tellers. A dividend of 6% was declared and $2,000 was added to the surplus fund, making the total surplus $40,000 and capital $100,000.

Officials of the Annville National Bank agreed to erect a handsome new building, receiving on April 10, 1895 the plans and specifications from the architect. They planned to receive bids and begin work later in the month. The furniture was worked by the Middletown furniture company with the counters, partitions, desks, etc., all made of quartered oak, highly polished with artistic and pleasing designs. The York Safe and Lock company was selected for delivering a fine bankers safe.

On January 10, 1928, stockholders of the Annville National Bank re-elected all directors for the upcoming year: Judge Charles V. Henry, John H. Gingrich, George W. Stine, Aaron S. Kreider, E.A. Henry, Harry E. Millard, Dr. D.M. Rank, A.R. Kreider, and John B. Saylor. Election of officers the next day resulted in the following: Judge Charles V. Henry, president; John Gingrich and George W. Stine, vice presidents; E.H. Henry, cashier; Oscar S. Light, assistant cashier; Lester C. Miller and H.E. Sanders, tellers; Essie M. Beaver Clerk; and Samuel T. Meyer, solicitor.

On July 27, 1956, the consolidation of the Lebanon National Bank, Palmyra Bank and Trust Co., and the Annville National Bank was announced. If approved by shareholders and the comptroller of the currency, the new banking institution would have assets in excess of $25 million and a new name: Lebanon Valley National Bank. The charter of the Lebanon National Bank, 680, Lebanon County's oldest at the time would be used. The consolidation would give the proposed Lebanon Valley National Bank five offices in Lebanon County: Palmyra, Annville, Cleona, Schaefferstown, and Lebanon. The Lebanon Valley National Bank would persist until its merger with Lebanon Valley Farmers Bank in 1998 when the latter's name was adopted.

The Lebanon National Bank was the Lebanon Bank, incorporated in 1837, that chartered as a National Bank back in 1864.

Official Bank Title(s)

1: The Annville National Bank, Annville, PA

Bank Note Types Issued

1882 Brown Back $10 bank note with pen signatures of George W. Stine, Cashier and Andrew Kreider, President.
1882 Brown Back $10 bank note with pen signatures of George W. Stine, Cashier and Andrew Kreider, President. Courtesy of Heritage Auctions, www.ha.com
1902 Plain Back $5 bank note with printed signatures of George W. Stine, Cashier and C.V. Henry, President.
1902 Plain Back $5 bank note with printed signatures of George W. Stine, Cashier and C.V. Henry, President. Courtesy of Heritage Auctions, www.ha.com
1929 Type 2 $5 bank note with printed signatures of E.A. Henry, Cashier and C.V. Henry, President.
1929 Type 2 $5 bank note with printed signatures of E.A. Henry, Cashier and C.V. Henry, President. Courtesy of Heritage Auctions, www.ha.com

A total of $1,877,040 in National Bank Notes was issued by this bank between 1878 and 1935. This consisted of a total of 247,684 notes (181,744 large size and 65,940 small size notes).

The 4x5 Series of 1882 plate carrying an April 18, 1898 date of extension and Lyons-Bruce signatures was certified on March 2, 1898. Roberts replaced Bruce on April 7, necessitating the alteration of the plate to show Roberts' signature in order to conform to the plate date. The plate was recertified on April 22, 1898.

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

Series/Type Sheet/Denoms Serial#s Sheet Comments
Series 1875 4x5 1 - 3401
Series 1875 3x10-20 1 - 3520
1882 Brown Back 4x5 1 - 4150
1882 Brown Back 3x10-20 1 - 2770
1882 Date Back 4x5 1 - 3975
1882 Date Back 3x10-20 1 - 3040
1882 Value Back 4x5 3976 - 5116
1882 Value Back 3x10-20 3041 - 3714
1902 Plain Back 4x5 1 - 11429
1902 Plain Back 4x10 1 - 11336
1929 Type 1 6x5 1 - 5686
1929 Type 1 6x10 1 - 2902
1929 Type 2 5 1 - 9468
1929 Type 2 10 1 - 4944

Bank Presidents and Cashiers

Bank Presidents and Cashiers during the National Bank Note Era (1878 - 1936):

Presidents:

Cashiers:

Other Bank Note Signers

Wiki Links

Sources

  • Annville, PA, on Wikipedia
  • 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
  • Harrisburg Telegraph, Harrisburg, PA, Thu., Mar. 23, 1893.
  • Lebanon Courier and Semi-Weekly Report, Lebanon, PA, Wed., Jan. 16, 1895.
  • The Daily News, Lebanon, PA, Wed., Apr. 10, 1895.
  • The Daily News, Lebanon, PA, Wed., Sep. 25, 1895.
  • The Gazette, York, PA, Tue., Jan. 21, 1896.
  • The Philadelphia Inquirer, Philadelphia, PA, Sun., Nov. 26, 1899.
  • Lebanon Daily News, Lebanon, PA, Tue., Jan. 10, 1928.
  • Lebanon Daily News, Lebanon, PA, Wed., Jan. 11, 1928.
  • The Daily News, Lebanon, PA, Thu., Nov. 1, 1956.
  • The Daily News, Lebanon, PA, Tue., Oct. 30, 1990.