First National Bank, Pen Argyl, PA (Charter 4352)
First National Bank, Pen Argyl, PA (Chartered 1890 - Closed (Merger) 1982)
Town History
Pen Argyl (/pɛn ɑːrdʒɪl/; Pennsylvania Dutch: Kleiberg) is a borough in Northampton County, Pennsylvania, 26 miles north of Allentown, in the Lehigh Valley region of the state. It is part of Pennsylvania's Slate Belt.
In 1853, Joseph Kellow discovered slate in the surrounding area, coining what is now known as the Slate Belt community. The name Pen Argyl originated from the Cornish name meaning "head" and the Anglo-Saxon name of Slate Rock, meaning "argylite". With the surge of quarrymen from Cornwall and England, the town expanded. Today, there is still one slate quarry in operation. Pen Argyl was once home to Lehigh & New England Railroad’s main freight yard and maintenance complex. The railroad’s roundhouse and shop building still stand just west of town along Pennsylvania Ave.
In 1900, 2.784 people lived in Pen Argyl and at the 2010 census, the population was 3,595.
Pen Argyl had two National Banks chartered during the Bank Note Era, and both of those banks issued National Bank Notes.
Bank History
- Organized March 22, 1890
- Chartered June 30, 1890
- Bank was Open past 1935
- For Bank History after 1935 see FDIC Bank History website
- Merged into Northeastern Bank of PA in Mount Pocono, PA, April 22, 1982
In January 1901, Stockholders elected the following directors: William Turner, Samuel Keat, A.C. Young, John I. Miller, Henry Bitz, H.S. Ackerman, A.I. Labar, Isaac Bitz, Edwin Werkheiser, John J. Mansfield, and J.R. Hagerman.
Official Bank Title(s)
1: The First National Bank of Pen Argyl, PA
Bank Note Types Issued
A total of $2,283,740 in National Bank Notes was issued by this bank between 1890 and 1982. This consisted of a total of 266,938 notes (216,228 large size and 50,710 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 - 7580 1882 Date Back 3x10-20 1 - 1468 1902 Date Back 4x5 1 - 7500 1902 Date Back 3x10-20 1 - 5300 1902 Plain Back 4x5 7501 - 27021 1902 Plain Back 3x10-20 5301 - 17988 1929 Type 1 6x5 1 - 4244 1929 Type 1 6x10 1 - 1986 1929 Type 1 6x20 1 - 564 1929 Type 2 5 1 - 6030 1929 Type 2 10 1 - 3111 1929 Type 2 20 1 - 805
Bank Presidents and Cashiers
Bank Presidents and Cashiers during the National Bank Note Era (1890 - 1982):
Presidents:
Cashiers:
Other Bank Note Signers
- There are currently no known Vice President or Assistant Cashier bank note signers for this bank.
Wiki Links
- Pennsylvania Bank Note History
- General information on Pen Argyl (Wikipedia)
- General information on Northampton County (Wikipedia)
- General information on Pennsylvania (Wikipedia)
Sources
- Pen Argyl, PA, Wikipedia, https://en.wikipedia.org/wiki/Pen_Argyl,_Pennsylvania
- 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
- The Allentown Democrat, Allentown, PA, Wed., Jan. 16, 1901.