First National Bank, Parker, SD (Charter 3675)

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ca.1914 postcard of the First National Bank building.

First National Bank, Parker, SD (Chartered 1887 - Liquidated 1943)

Town History

2011 photo of the old First National Bank building.

Parker is the county seat of Turner County, located in south-eastern South Dakota. The town was established in 1879 as county seat, and incorporated as a city in 1883. The name Parker was the maiden name of a railroad official's wife.

During the National Bank Note Era (1863-1935), the population of Parker was 728 in 1890, growing to 1,229 in 1930. Its highest population was 1,288 in 1920, and the current population is 1,194 (2020).

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

Bank History

ca.1910 postcard of the interior of the First National Bank with L.K. Lord, President (sitting) and F.L. Clisby, Cashier (in teller's cage).
  • Organized Mar 31, 1887
  • Chartered Apr 19, 1887
  • Succeeded George W. Stone & Company
  • Bank was Open past 1935
  • Liquidated Dec 9, 1943

Official Bank Title(s)

1: The First National Bank of Parker, SD

Bank Note Types Issued

Series 1902 Plain Back $20 bank note with pen signatures of K.I. Shager, Cashier and faded President signature. Courtesy of Higgins Money Museum, Okoboji, Iowa.
Series 1929 Type 2 $20 bank note with printed signatures of V.L. Gotthelf, Cashier and K.I. Shager, President. Courtesy of Heritage Auctions, www.ha.com

A total of $375,700 in National Bank Notes was issued by this bank between 1887 and 1935. This consisted of a total of 35,292 notes (30,860 large size and 4,432 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 4x5 1 - 900 Territory
1882 Brown Back 4x5 901 - 3374
1882 Brown Back 50-100 1 - 298
1902 Red Seal 3x10-20 1 - 500
1902 Date Back 3x10-20 1 - 1400
1902 Plain Back 3x10-20 1401 - 3692
1929 Type 1 6x10 1 - 546
1929 Type 1 6x20 1 - 150
1929 Type 2 10 1 - 196
1929 Type 2 20 1 - 60

Bank Presidents and Cashiers

1909 Bank Letter signed by President L.K. Lord

Bank Presidents and Cashiers during the National Bank Note Era (1887 - 1936):

Presidents:

Cashiers:

Other Known Bank Note Signers

  • No other known bank note signers for this bank

Bank Note History Links

Sources

  • Parker, SD, on Wikipedia
  • 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
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