Farmers National Bank, Quarryville, PA (Charter 8045)

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NEEDED: a contemporary postcard or photo of the bank.
NEEDED: a contemporary postcard or photo of the bank.

Farmers National Bank, Quarryville, PA (Chartered 1906 - Closed (Merger) 1983)

Town History

Quarryville is located in southern Lancaster County. U.S. Route 222 passes through the borough, leading northwest 14 miles to Lancaster, the county seat, and south 17 miles to U.S. Route 1 in Conowingo, Maryland. Pennsylvania Route 372 (State Street) also passes through Quarryville, leading east 16 miles to Parkesburg and west 11 miles to its crossing of the Susquehanna River near Holtwood. Pennsylvania Route 472 (South Lime Street) leads southeast from Quarryville 13 miles to Oxford. The borough is drained by the headwaters of the South Fork of Big Beaver Creek, a northwest-flowing tributary of Pequea Creek, itself a tributary of the Susquehanna River. In 1880, the population was 346 growing to 1,028 by 1930, and 2,852 by 2020.

The land which became Quarryville Borough was originally located within Providence Township and was the property of a John ("Swamp John") Groff. There was a stone quarry adjacent to the village where many of the workers lived. This village became larger as the work force grew, hence the town acquired the name "Quarryville". Locals say that one day the men went to lunch and returned to find the quarry half-full of water. The quarry site remains, now full of water.

Quarryville had two National Banks chartered during the Bank Note Era, The Quarryville National Bank, Charter 3067) and The Farmers National Bank (Charter 8045). Both of those banks issued National Bank Notes.

Bank History

  • Organized December 2, 1905
  • Chartered January 13, 1906
  • Opened for business January 22, 1906
  • Bank was Open past 1935
  • For Bank History after 1935 see FDIC Bank History website
  • Merged into Farmers First Bank in Lititz, PA, October 1, 1983

The Farmers National Bank of Quarryville was first established on January 22, 1906. the business was conducted in a room in the Hotel Quarryville. The original officers were: Levi F. McCallister, President; D.E. Helm, vice president; and Kersey Carrigan, Cashier. The room at the hotel soon proved inadequate, however, and in 1907 the Farmers National Bank moved into new commodious quarters. That building was 2-stories high, amply protected by a modern burglar alarm and other numerous devices.

In January 1907, the directors elected were D.E. Helm, John D. Clark, J.H. Eshleman, Silas S. Herr, L.F. McAllister, George H. Brown, Abram Reese, W.B. Rynear, Enos Carrigan, A.G. Fritz, Milton Keech, and John Jackson.

In January 1919, the directors were D.E. Helm, I.H. Dickinson, A.G. Fritz, Abram Reese, John D. Clark, Harry L. Long, George H. Brown, Silas S. Herr, John Jackson, Wm. B. Rynear, Martin Royer, George Hassel, and Milton Aeech. The officers were D.E. Helm, president; L.H. Dickson, vice president; and Lloyd Winters, cashier. On Monday March 3, 1919, the directors elected A.H. Brown of Little Britain and C. Clifford Aument of Fairfield to take the place of Daniel E. Helm and William B. Rynear who died within the month.

On January 9, 1923, the stockholders elected the following directors: Abram Reese, Harry L. Long, John Jackson, A.G. Fritz, A.E. Brown, Martin Royer, George Hassel, C.C. Aument, William Jack, and Calvin F. Herr. The Officers elected were I. Haines Dickinson, president; John D. Clark, vice president; and Lloyd L. Winter, cashier.

In March 1928, the directors of the bank were John D. Clark, Abram Reese, John Jackson, A.G. Fritz, Martin Royer, Harry L. Long, George Hassel, C.C. Aument, I. Jason Walton, William Jack, Arthur E. Brown, and Ellis E. Ferguson. The officers were John D. Clark, President; C.C. Aument, vice president; and Lloyd L. Winter, cashier. F. Haines Newswanger was teller and Grace Keen, Harold R. Swarr and Martin H. LeFever, bookeepers. The bank had capital of $50,000 and Surplus and Undivided Profits of $90,000.

In January 1936, the directors were John D. Clark, C.C. Aument, James G. Herr, John Jackson, A.G. Fritz, H.L. Long, George Hassel, Abram Reese, William Jack, Ellis E. Ferguson, and I. Jason Walton.

In June 1983, shareholders approved the merger of The Farmers National Bank of Quarryville and Citizens Bank and Trust Co. of Waynesboro with Susquehanna Bancshares Inc., parent holding company of Farmers First Bank of Lititz. Robert S. Bolinger was president of Farmers First Bank. Quarryville shareholders re-elected directors George K. Brinton, George S. Chase, Elmer B. Wade, Harold E. Aument, Howard E. Groff, Jr., Joseph L. DeLong, Robert K. Bruce, Richard A. Abel, Robert L. DuVall, and Emory D. Wagner. Farmers National merged into Farmers First and Citizens Bank became a wholly owned subsidiary of Susquehanna Bancshares. In September, Robert K. Bruce of Quarryville was named senior vice president and regional manager, central and south regions, for Farmers First. He started with Farmers National in 1956 and was the president of the bank upon its merger with Farmers First of Lititz. The merger became effective on October 1, 1983.

Official Bank Title(s)

1: The Farmers National Bank of Quarryville, PA

Bank Note Types Issued

1902 Plain Back $10 bank note with pen signatures of Lloyd L. Winter, Cashier and I. Haines Dickinson, President
1902 Plain Back $10 bank note with pen signatures of Lloyd L. Winter, Cashier and I. Haines Dickinson, President. Courtesy of GreatCollections Coin Auctions, www.greatcollections.com
1929 Type 1 $10 bank note with printed signatures of Lloyd L. Winter, Cashier and John D. Clark, President.
1929 Type 1 $10 bank note with printed signatures of Lloyd L. Winter, Cashier and John D. Clark, President. Courtesy of Heritage Auctions, www.ha.com

A total of $236,880 in National Bank Notes was issued by this bank between 1906 and 1983. This consisted of a total of 18,961 notes (15,876 large size and 3,085 small size notes).

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

Series/Type Sheet/Denoms Serial#s Sheet Comments
1902 Red Seal 3x10-20 1 - 595
1902 Date Back 3x10-20 1 - 1550
1902 Plain Back 3x10-20 1551 - 3374
1929 Type 1 6x10 1 - 312
1929 Type 1 6x20 1 - 106
1929 Type 2 10 1 - 455
1929 Type 2 20 1 - 122

Bank Presidents and Cashiers

Bank Presidents and Cashiers during the National Bank Note Era (1906 - 1983):

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

  • Quarryville, PA, Wikipedia, https://en.wikipedia.org/wiki/Quarryville,_Pennsylvania
  • 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
  • Lancaster New Era, Lancaster, PA, Tue., Jan. 8, 1907.
  • Lancaster New Era, Lancaster, PA, Tue., Jan. 14, 1919.
  • Lancaster New Era, Lancaster, PA, Sat., Mar. 8, 1919.
  • The News-Journal, Lancaster, PA, Wed., Jan. 10, 1923.
  • The News-Journal, Lancaster, PA, Thu., Mar. 29, 1928.
  • Lancaster New Era, Lancaster, PA, Tue., Jan. 14, 1936.
  • Lancaster New Era, Lancaster, PA, Fri., June 3, 1983.
  • Lancaster New Era, Lancaster, PA, Thu., Sep. 22, 1983.
  • Lancaster New Era, Lancaster, PA, Mon., Oct. 31, 1983.