First National Bank, Braham, MN (Charter 7387)

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ca. 1915 real photo postcard of First National Bank

First National Bank, Braham, MN (Chartered 1904 - Open past 1935)

Town History

2011 photo of the bank building

Founded in 1899, and named by officers of the Great Northern railway company, Braham is a city primarily located in Isanti County in the east central part of Minnesota. A portion of Braham extends into Kanabec County. It was incorporated as a village March 5, 1901; it had a station of the Great Northern Railway, and the post office began in 1891.

During the National Bank Note Era Braham had a population of 406 in 1910 and 579 in 1930, as of 2010 the population stands at 1,793.

First National Bank was the only National Bank in Braham.

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

Bank History

  • Organized Jul 23, 1904
  • Chartered Sep 2, 1904
  • Bank was Open past 1935


Bank Note History Wiki links:

Official Bank Title(s)

1: The First National Bank of Braham, MN

Bank Note Types Issued

1902 Plain Back $5 bank note with pen signatures of Peter J. Enberg, Cashier and Oscar A. Olson, President
1929 Type 1 $5 bank note with printed signatures of Peter J. Engberg, Cashier and Oscar A. Olson, President, Courtesy of Heritage Auctions, http://www.ha.com

A total of $373,250 in National Bank Notes was issued by this bank between 1904 and 1935. This consisted of a total of 46,534 notes (37,804 large size and 8,730 small size notes).

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

Series/Type Sheet/Denoms Serial#s
1902 Red Seal 4x5 1 - 900
1902 Red Seal 3x10-20 1 - 772
1902 Date Back 4x5 1 - 1475
1902 Date Back 3x10-20 1 - 1100
1902 Plain Back 4x5 1476 - 4655
1902 Plain Back 3x10-20 1101 - 3124
1929 Type 1 6x5 1 - 688
1929 Type 1 6x10 1 - 370
1929 Type 1 6x20 1 - 86
1929 Type 2 5 1 - 1204
1929 Type 2 10 1 - 507
1929 Type 2 20 1 - 155

Bank Presidents and Cashiers

First National Bank Presidents and Cashiers during the National Bank Note Era (1904 - 1936):

Presidents:

Cashiers:

  • Peter J. Engberg, 1905-1932
  • J. R. Schlueter, 1933-1933


Other Bank Note Signers

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

References

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