First National Bank, Dysart, IA (Charter 5934)

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Postcard of the First National Bank building ca. 1910.

First National Bank, Dysart, IA (Chartered 1901 - Open past 1935)

Town History

This could be recent photo of the bank or another postcard

Dysart is located in Tama County in central Iowa.

Dysart had its start in the year 1872 by the building of the Burlington, Cedar Rapids and Northern Railway through that territory. Dysart was platted in 1872. The town takes its name from Joseph Dysart, a farmer and founder of the town.

During the National Bank Note Era, the population of Dysart was 902 in 1900, staying fairly constant with 971 in 1930. It's highest population was 1,379 in 2010, and the current population is estimated at 1,355 (2016).

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

Bank History

  • Organized Dec 15, 1900
  • Chartered Aug 5, 1901
  • 1: Title changed to Dysart National Bank Mar 10, 1928
  • Bank was Open past 1935

Official Bank Title(s)

1: The First National Bank of Dysart, IA

2: 2nd title not used on notes: Dysart National Bank (3/10/1928)

Bank Note Types Issued

1902 Plain Back $10 bank note with pen signatures of Elsie Schmidt (Richardson), Assistant Cashier and C. P. Feddersen, President. Courtesy of Lyn Knight Currency Auctions, www.lynknight.com

A total of $528,350 in National Bank Notes was issued by this bank between 1901 and 1935. This consisted of a total of 42,268 notes (42,268 large size and 0 small size notes).

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

Series/Type Sheet/Denoms Serial#s
1: 1882 Brown Back 3x10-20 1 - 2600
1: 1882 Date Back 3x10-20 1 - 3040
1: 1882 Value Back 3x10-20 3041 - 4708
1: 1902 Plain Back 3x10-20 1 - 3259

Bank Presidents and Cashiers

First National Bank Presidents and Cashiers during the National Bank Note Era (1901 - 1936):

Presidents:

  • Oscar Casey, 1901-1902
  • H. J. Von Lackum, 1903-1908
  • Oscar Casey, 1909-1911
  • C. P. Feddersen, 1912-1925
  • H. Schroeder, 1926-1927
  • H. P. Jensen, 1928-1933
  • D. Lally, 1934-1935

Cashiers:

  • J. H. Lunemann, 1901-1901
  • C. J. Miller, 1902-1902
  • Oscar Casey, 1903-1908
  • F. H. Schmidt, 1909-1927
  • J. C. Marsau, 1928-1935

Other Bank Note Signers

  • Elsie Schmidt (Richardson), Assistant Cashier 1923-1924

References

  • Dysart, IA, Wikipedia, https://en.wikipedia.org/wiki/Dysart,_Iowa
  • 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://bbdata.banknotehistory.com
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