Farmers National Bank, Thompsontown, PA (Charter 10211)

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A 1962 advertisement for the Peoples-Farmers National Bank with offices in Mifflin and Thompsontown, Pennsylvania. The ad reads "Pipe Dream. Not at all, especially if you make it a point to save something regularly. And don't forge, guaranteed interest, compounded and paid every six months like clorkwork will hasten the day for whatever your hear desires. Pictured is a man smoking a pipe with the image of a house in the smoke.
A 1962 advertisement for the Peoples-Farmers National Bank with offices in Mifflin and Thompsontown, Pennsylvania.

Farmers National Bank, Thompsontown, PA (Chartered 1912 - Open past 1935)

Town History

Thompsontown is a borough in Juniata County, Pennsylvania located about 7 miles east of Port Royal and 4 miles west of Millerstown. The population was 629 at the 2020 census. Thompsontown was founded in 1755 by William Thompson. It is home to the oldest church in Juniata County.

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

Bank History

NEEDED: a contemporary postcard or photo of the bank
NEEDED: a contemporary postcard or photo of the bank.
  • Organized May 9, 1912
  • Chartered June 15, 1912
  • Succeeded The Farmers Bank of Thompsontown
  • Bank was Open past 1935

Amongst the new national banks announced by the Wall Street Journal in March 1912, was The Farmers' National Bank of Thompsontown, Pa.; capital $25,000. C.A. Meiser, J. Sieber, J.K. Iser, M. Rodgers, W.H. Nelson, and J.T. Allman. Correspondent was S.B. Hetrick, Thompsontown, Pa., (To succeed the Farmers Bank of Thompsontown). On April 26, 1912, the application to organize was approved by the comptroller of the currency.

In January 1929, the following officers were elected: W.H. Nelson, president; W.H. Eichman, vice president; C.V. Felmlee, cashier. The directors were: M.E. Schlegel, B.F. Gayman, E.S. Thompson, B.H. Branthoffer, S. Metz, R.M. Schlegel and A.P. Dimm.

W.R. Sheaffer, cashier for the previous five years of the Ickesburg State Bank, was recently elected by the board of directors as cashier of the Farmers National Bank, of Thompsontown, succeeding J. Franklin Miller. Mr. Sheaffer assumed his new duties Saturday, November 1st, 1930, and his position at Ickesburg had not yet been filled.

In January 1931, the following directors were elected: W.H. Eichman, E.S. Thompson, M.E. Schlegel, B.H. Branthoffer, B.F. Gayman, R. Max Schlegel, and A.P. Dimm. W.H. Eichman was President, E.S. Thompson, Vice President; W.R. Sheaffer, Cashier, and Harry M. Forney, Assistant Cashier.

In July 1961, officials of the Peoples National Bank of Mifflin and the Farmers National Bank of Thompsontown received final approval of their merger by the comptroller of the currency. The new Peoples-Farmers National Bank continued to operate as usual at its two locations in Mifflin and Thompsontown.

On Friday, July 31, 1964, The Russell National Bank of Lewistown and The Peoples-Farmers National Bank of Mifflin joined to form a bigger, better bank for the people of the Mifflin-Juniata County areas. The merger provided a bank with 4 locations in Lewistown, Logan Boulevard, Mifflin and Thompsontown with total assets of $24,669,925.68.

Official Bank Title(s)

1: The Farmers National Bank of Thompsontown, PA

Bank Note Types Issued

1902 Plain Back $5 bank note with pen signatures of C.B. Felmlee, Cashier and W.H. Nelson, President.
1902 Plain Back $5 bank note with pen signatures of C.B. Felmlee, Cashier and W.H. Nelson, President. Courtesy of Heritage Auctions, www.ha.com
1902 Plain Back $10 bank note with stamped signatures of C.B. Felmlee, Cashier and W.H. Nelson, President.
1902 Plain Back $10 bank note with stamped signatures of C.B. Felmlee, Cashier and W.H. Nelson, President. Courtesy of Heritage Auctions, www.ha.com
1929 Type 1 $20 bank note with printed signatures of W.R. Sheaffer, Cashier and W.H. Eichman, President.
1929 Type 1 $20 bank note with printed signatures of W.R. Sheaffer, Cashier and W.H. Eichman, President. Courtesy of Heritage Auctions, www.ha.com

A total of $352,430 in National Bank Notes was issued by this bank between 1912 and 1935. This consisted of a total of 44,457 notes (32,640 large size and 11,817 small size notes).

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

Series/Type Sheet/Denoms Serial#s Sheet Comments
1902 Date Back 4x5 1 - 665
1902 Date Back 3x10-20 1 - 534
1902 Plain Back 4x5 666 - 4963
1902 Plain Back 3x10-20 535 - 3197
1929 Type 1 6x5 1 - 1004
1929 Type 1 6x10 1 - 498
1929 Type 1 6x20 1 - 150
1929 Type 2 5 1 - 1062
1929 Type 2 10 1 - 685
1929 Type 2 20 1 - 158

Bank Presidents and Cashiers

Bank Presidents and Cashiers during the National Bank Note Era (1912 - 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

  • Thompsontown, 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://spmc.org/bank-note-history-project
  • The Wall Street Journal, New York, NY, Tue., Mar. 19, 1912.
  • The Brooklyn Daily Eagle, Brooklyn, NY, Fri., Apr. 26, 1912.
  • Harrisburg Telegraph, Harrisburg, PA, Sat., Jan. 26, 1929.
  • The Perry County Democrat, Bloomfield, PA, Wed., Nov. 12, 1930.
  • The Perry County Times, New Bloomfield, PA, Thu., Jan. 22, 1931.
  • The Daily Item, Sunbury, PA, Sat., July 15, 1961.
  • The News-Sun, Newport, PA, Thu., Aug. 30, 1962.
  • The News-Sun, Newport, PA, Thu., Aug. 13, 1964.
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