City National Bank, Tipton, IA (Charter 6760)

Colorized postcard of The City National Bank (far left) ca. early 1900s. This building was home to the bank from 1903 to 1923. It was razed in 1923 and replaced with a new building.

City National Bank, Tipton, IA (Chartered 1903 - Liquidated 1928)

Town History

Real photo post card of The City National Bank building (Left) in 1911.

Photo of the 1924-1928 bank building in 2017. It currently houses an art studio.

Tipton is the county seat of Cedar County in east central Iowa. Tipton was platted in 1840 and was named for General John Tipton, a personal friend of the founder, Henry W. Higgins.

The city was incorporated on January 27, 1857.

During the National Bank Note Era, the population of Tipton was 1,299 in 1880, climbing to 2,513 in 1900, and dropping to 2,145 in 1930. It's highest and current population was 3,223 in 2018.

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

Bank History

• Organized Apr 4, 1903
• Chartered May 1, 1903
• Opened for business Jun 3, 1903
• Succeeded 2983 (First National Bank, Tipton, IA)
• Liquidated Nov 10, 1928
• Succeeded by 13232 (Tipton National Bank, Tipton, IA)

1902 Plain Back $20 banknote with pen signatures of Charles Swartzlender, Cashier and Fred L. Butzloff, President

Official Bank Title(s)

1: The City National Bank of

Bank Note Types Issued

A total of $519,450 in National Bank Notes was issued by this bank between 1903 and 1928. This consisted of a total of 41,556 notes (41,556 large size and 0 small size notes).

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

Series/Type	Sheet/Denoms	Serial#s
1902 Red Seal	3x10-20	1 - 1300
1902 Date Back	3x10-20	1 - 3240
1902 Plain Back	3x10-20	3241 - 9089

Bank Presidents and Cashiers

City National Bank Presidents and Cashiers during the National Bank Note Era (1903 - 1928):

Presidents:

• John Hathaway Coutts, 1903-1903
• William Johnston Moore , 1904-1923
• Fred L. Butzloff , 1924-1924
• William George Washington Geiger, 1924-1927

Cashiers:

• William Johnston Moore , 1903-1903
• Paul Heald, 1904-1906
• Charles Swartzlender, 1907-1926
• Richard Dale Swartzlender , 1927-1927

Other Known Bank Note Signers

• No other known bank note signers for this bank

Bank Note History Links

• City National Bank, Tipton, IA History (NB Lookup)
• Cedar County Bank Note History (BNH Wiki)
• Iowa Bank Note History (BNH Wiki)

Sources

• Tipton, IA, Wikipedia, https://en.wikipedia.org/wiki/Tipton,_Iowa
• 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