First National Bank, Fonda, IA (Charter 6550)

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This should be a contemporary postcard or photo of the bank. (Set Height x300px)

First National Bank, Fonda, IA (Chartered 1902 - Open past 1935)

Town History

Recent photo of the old First National Bank building.

Fonda is located in Pocahontas County. The town was originally called Marvin. However Marvin was deemed too similar to Manson, Iowa and due to mail being mixed up, town officials changed the name to Fonda in 1874.

During the National Bank Note Era (1863-1935), the population of Fonda was 1,684 in 1880, dropping to 1,027 in 1930. It's highest population was 1,684 back in 1880, and the current (and lowest) population is estimated at 575 (2019).

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

Bank History

  • Organized Dec 15, 1902
  • Chartered Dec 23, 1902
  • Succeeded Branch of Fars Loan & Trust Co.
  • Bank was Open past 1935

Official Bank Title(s)

1: The First National Bank of Fonda, IA

Bank Note Types Issued

1902 Date Back $20 bank note with stamped signatures of Melvin Royer, Cashier and L.S. Straight, V.P. Courtesy of Lyn Knight Currency Auctions, www.lynknight.com
Series 1929 Type 1 $10 bank note with printed signatures of R.C. Brogmus, Cashier and James F. Toy, President. Courtesy of Lyn Knight Currency Auctions, www.lynknight.com

A total of $324,140 in National Bank Notes was issued by this bank between 1902 and 1935. This consisted of a total of 26,016 notes (21,868 large size and 4,148 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 - 356
1902 Date Back 3x10-20 1 - 2030
1902 Plain Back 3x10-20 2031 - 5111
1929 Type 1 6x10 1 - 440
1929 Type 1 6x20 1 - 138
1929 Type 2 10 1 - 577
1929 Type 2 20 1 - 103

Bank Presidents and Cashiers

First National Bank Presidents and Cashiers during the National Bank Note Era (1902 - 1936):

Presidents:

Cashiers:

  • Louis August Rothe, 1903-1906
  • John Weston Martin, 1907-1908
  • Melvin Royer, 1909-1918
  • Irving Charles Brubacher, 1919-1927
  • Robert Charles Brogmus, 1928-1931
  • Lloyd Erroll Eckerson, 1932-1932
  • A. M. Kuhl, 1933-1935

Other Bank Note Signers

  • Lee S. Straight, Vice-President 1903-1918

Wiki Links

References

  • Fonda, IA, Wikipedia, https://en.wikipedia.org/wiki/Fonda,_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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