Citizens National Bank/Citizens First NB, Frankfort, NY (Charter 10351)

From Bank Note History
Jump to navigation Jump to search
Postcard of the Union Building and Citizens National Bank of Frankfort, New York, ca1910s.
Postcard of the Union Building and Citizens National Bank of Frankfort, New York, ca1910s.  Courtesy of Adam Stroup

Citizens National Bank/Citizens First NB, Frankfort, NY (Chartered 1913 - Open past 1935)

Town History

The Citizens National Bank of Frankfort, New York, located on the corner of Litchfield and Main Streets, ca2022.
The Citizens National Bank of Frankfort, New York, located on the corner of Litchfield and Main Streets, ca2022. Courtesy of Google Maps

Frankfort is a town in Herkimer County, New York. The town is named after one of its earliest settlers, Lawrence (Lewis) Frank. Frankfort is located east of Utica, and the Erie Canal passes along its northern border. At the time of the 2010 census, the population was 7,636.

The first European settlers in this area were German Palatines who came to the colony as religious refugees in 1723. During the French and Indian War, this area suffered fierce attacks by the French with their Indian allies, and the settlers abandoned much of the area. After the Revolutionary War, the town of Frankfort was established from part of the town of German Flatts. In 1798, the northwest part of Frankfort was taken away to form part of the town of Deerfield.

The Balloon Farm in Frankfort was listed on the National Register of Historic Places in 1998. Frankfort is home to the Great American Irish Festival, held within the Herkimer County Fairgrounds.

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

Bank History

  • Organized December 17, 1912
  • Chartered March 20, 1913
  • 1: Assumed 3582 by consolidation and its circulation November 20, 1922 with title change (First National Bank, Frankfort, NY)
  • Bank was Open past 1935

In October 1912, S.S. Richards, correspondent, submitted the application to organize The Citizens National Bank of Frankfort. The directors were W.D. Kyser, O. Wegner, J.J. Tine, and J.R. Lewis.

Official Bank Title(s)

1: The Citizens National Bank of Frankfort, NY

2: Citizens First National Bank of (11/20/1922), Frankfort, NY

Bank Note Types Issued

1902 Date Back $10 bank note with pen signatures of H.L. Bostwick, Cashier and S.S. Richards, President.
1902 Date Back $10 bank note with pen signatures of H.L. Bostwick, Cashier and S.S. Richards, President. Courtesy of Heritage Auctions, www.ha.com
1902 Plain Back $20 bank note with printed signatures of Lynn R. Tuttle, Cashier and H.L. Wilbur, President.
1902 Plain Back $20 bank note with printed signatures of Lynn R. Tuttle, Cashier and H.L. Wilbur, President. Courtesy of Heritage Auctions, www.ha.com
1929 Type 1 $10 bank note with printed signatures of Webster C. Rich, Cashier and H.L. Wilbur, President. The Government Printing Office (GPO) made the overprinting plate used to produce this note.
1929 Type 1 $10 bank note with printed signatures of Webster C. Rich, Cashier and H.L. Wilbur, President. The Government Printing Office (GPO) made the overprinting plate used to produce this note. Courtesy of Heritage Auctions, www.ha.com
1929 Type 2 $20 bank note with printed signatures of Webster C. Rich, Cashier and A.W. Albones, President. Barnhart Brothers & Spindler (BBS) made the overprinting plate used to produce this note.
1929 Type 2 $20 bank note with printed signatures of Webster C. Rich, Cashier and A.W. Albones, President. Barnhart Brothers & Spindler (BBS) made the overprinting plate used to produce this note. Courtesy of Heritage Auctions, www.ha.com

A total of $1,171,430 in National Bank Notes was issued by this bank between 1913 and 1935. This consisted of a total of 94,902 notes (66,548 large size and 28,354 small size notes).

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

Series/Type Sheet/Denoms Serial#s Sheet Comments
1: 1902 Date Back 3x10-20 1 - 1750
1: 1902 Plain Back 3x10-20 1751 - 6440
2: 1902 Plain Back 3x10-20 1 - 10197
2: 1929 Type 1 6x10 1 - 2964
2: 1929 Type 1 6x20 1 - 776
2: 1929 Type 2 10 1 - 4966
2: 1929 Type 2 20 1 - 948

Bank Presidents and Cashiers

Bank Presidents and Cashiers during the National Bank Note Era (1913 - 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

  • Frankfort, NY, 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://spmc.org/bank-note-history-project
  • History of the Town of Frankfort, accessed Dec. 15, 2022.
  • The Wall Street Journal, New York, NY, Fri., Oct. 18, 1912.
Retrieved from "https://banknotehistory.mywikis.wiki/w/index.php?title=Citizens_National_Bank/Citizens_First_NB,_Frankfort,_NY_(Charter_10351)&oldid=43844"