First National Bank, Jewell Junction, IA (Charter 5743)

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Real photo postcard of the First National Bank building in 1913.

First National Bank, Jewell Junction, IA (Chartered 1901 - Receivership 1933)

Town History

Photo of the First National Bank building in 2013. Courtesy of Google Maps.

Jewell Junction, better known as Jewell, is located in Hamilton County in central Iowa. Jewell Junction was platted in 1880. It was named for D. T. Jewell, the original owner of the town site. A post office called Jewell has been in operation since 1880.

During the National Bank Note Era, the population of Jewell Junction was 947 in 1900, staying fairly constant with 950 in 1930. It's highest population was 1,239 in 2000, and the current population is estimated at 1,158 (2018).

Jewell Junction had 1 National Bank chartered during the Bank Note Era, and it issued National Bank Notes.

Bank History

  • Organized Feb 28, 1901
  • Chartered Mar 15, 1901
  • Succeeded Farmers and Traders Bank
  • Opened for business Mar 16, 1901
  • Conservatorship Mar 24, 1933
  • Receivership Nov 3, 1933

Official Bank Title(s)

1: The First National Bank of Jewell Junction, IA

Bank Note Types Issued

1902 Plain Back $10 bank note with pen signatures of Lester L. Billings, Cashier and H. C. Smith, President
1929 Type 1 $5 bank note with printed signatures of Lester L. Billings, Cashier and H. C. Smith, President. Courtesy of Heritage Auctions, http://www.ha.com

A total of $141,270 in National Bank Notes was issued by this bank between 1901 and 1933. This consisted of a total of 12,660 notes (8,364 large size and 4,296 small size notes).

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

Series/Type Sheet/Denoms Serial#s
1882 Brown Back 3x10-20 1 - 640
1882 Date Back 3x10-20 1 - 700
1882 Value Back 3x10-20 701 - 775
1902 Plain Back 3x10-20 1 - 676
1929 Type 1 6x5 1 - 356
1929 Type 1 6x10 1 - 286
1929 Type 1 6x20 1 - 74

Bank Presidents and Cashiers

First National Bank Presidents and Cashiers during the National Bank Note Era (1901 - 1933):

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

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