First National Bank, Breckenridge, MN (Charter 4644)
First National Bank, Breckenridge, MN (Chartered 1891 - Closed (Merger) 1995)
Town History
Breckenridge is the county seat of Wilkin County in west central Minnesota. Breckenridge's twin city is Wahpeton, North Dakota, just across the Red River.
Breckenridge was platted in 1857, and named for John Cabell Breckinridge, a U.S. senator from Kentucky, and fourteenth Vice President of the United States. Breckenridge was also a Major General in the Confederate Army. A post office has been in operation at Breckenridge since 1857. The town was incorporated in 1908.
During the National Bank Note Era, the population of Breckenridge was 655 in 1890, growing to 2,261 in 1930. It's highest population was 4,335 in 1960, and the current population is estimated at 3,199 (2018).
Breckenridge had two National Banks chartered during the Bank Note Era, and both issued National Bank Notes.
Bank History
- Organized Oct 7, 1891
- Chartered Oct 13, 1891
- Succeeded Wilkin County Bank
- Absorbed 6259 Dec 14, 1929 (First National Bank, Campbell, MN)
- Bank was Open past 1935
- For Bank History after 1935 see FDIC Bank History website
- Merged into Community First NB in Fergus Falls, MN Jan 3, 1995
Official Bank Title(s)
1: The First National Bank of Breckenridge, MN
Bank Note Types Issued
A total of $205,720 in National Bank Notes was issued by this bank between 1891 and 1935. This consisted of a total of 16,514 notes (14,192 large size and 2,322 small size notes).
This bank issued the following Types and Denominations of bank notes:
Series/Type Sheet/Denoms Serial#s Sheet Comments 1882 Brown Back 3x10-20 1 - 1410 1882 Date Back 3x10-20 1 - 206 1902 Date Back 3x10-20 1 - 950 1902 Plain Back 3x10-20 951 - 1932 1929 Type 1 6x10 1 - 302 1929 Type 1 6x20 1 - 85
Bank Presidents and Cashiers
First National Bank Presidents and Cashiers during the National Bank Note Era (1891 - 1936):
Presidents:
Cashiers:
- Ransom Phelps, 1892-1893
- Howard Dykman, 1894-1904
- Frederick William Johnson, 1905-1932
- I. C. Larsen, 1933-1935
Other Known Bank Note Signers
- No other known bank note signers for this bank
Bank Note History Links
Sources
- Breckenridge, MN, Wikipedia, https://en.wikipedia.org/wiki/Breckenridge,_Minnesota
- FDIC Bank Find History website. https://research2.fdic.gov/bankfind/index.html
- 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