Farmers National Bank, Minnesota Lake, MN (Charter 6532)

From Bank Note History
Jump to navigation Jump to search
ca. 1908 postcard of Farmers National Bank

Farmers National Bank, Minnesota Lake, MN (Chartered 1902 - Open past 1935)

Town History

2015 photo of bank building, Courtesy of Google Maps

Minnesota Lake is a city in Blue Earth and Faribault counties in the State of Minnesota. The bulk of the city is in Faribault County; only a small part extends into Blue Earth County. The small Blue Earth County portion of Minnesota Lake is part of the Mankato–Metropolitan Statistical Area.

Minnesota Lake was platted in 1866, and named after the nearby Minnesota Lake. The historic home of Peter Kremer and Millie Zabel, early community leaders, operates as a library and museum.

In 1880 the population was 208, climbing to 435 in 1930, 697 was the highest in 1960, and currently (2010) 687 people reside here.

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

Bank History

  • Organized Nov 12, 1902
  • Chartered Dec 13, 1902
  • Bank was Open past 1935


Official Bank Title(s)

ca. 1911 postcard of the interior of the Farmers National Bank

1: The Farmers National Bank of Minnesota Lake, MN

Bank Note Types Issued

1902 Red Seal $10 bank note with pen signatures of W. H. Willson, Cashier and H. A. Zabel, President, Courtesy of Lyn Knight Auctions, http://www.lynknight.com
1902 Plain Back $10 bank note with pen signatures of signatures of E. W. Tolzmann, Cashier and E. F. Stephan, President, Courtesy of Heritage Auctions, http://wwww.ha.com
1929 Type 1 $10 bank note with printed signatures of E. W. Tolzmann, Cashier and E. F. Stephan, President, Courtesy of Lyn Knight Auctions, http://www.lynknight.com

A total of $81,640 in National Bank Notes was issued by this bank between 1902 and 1935. This consisted of a total of 6,626 notes (5,408 large size and 1,218 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 - 362
1902 Date Back 3x10-20 1 - 600
1902 Plain Back 3x10-20 601 - 990
1929 Type 1 6x10 1 - 172
1929 Type 1 6x20 1 - 31

Bank Presidents and Cashiers

First National Bank Presidents and Cashiers during the National Bank Note Era (1902 - 1936):

Presidents:

  • H. A. Zabel, 1903-1904
  • W. H. Willson, 1905-1914
  • E. A. Brecht, 1915-1916
  • Wm. H. Schroeder, 1917-1919
  • Theo. H. Kramer, 1919-1919
  • E. F. Stephan, 1920-1935

Cashiers:

  • W. H. Willson, 1903-1904
  • H. A. Zabel, 1905-1911
  • E. F. Minske, 1912-1912
  • Fred Focsch, 1913-1913
  • W. W. Hulce, 1914-1914
  • Theo. H. Kramer, 1915-1919
  • L. L. Krouss, 1919-1923
  • Geo. J. Grimm, 1923-1924
  • F. H. Kluckman, 1924-1924
  • F. J. Iwert, 1925-1926
  • J. B. Neid, 1926-1927
  • E. W. Tolzmann, 1927-1935

Other Bank Note Signers

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

References

Retrieved from "https://banknotehistory.mywikis.wiki/w/index.php?title=Farmers_National_Bank,_Minnesota_Lake,_MN_(Charter_6532)&oldid=7136"