First National Bank, Remsen, IA (Charter 6975)

Colorized real photo post card of the First National Bank building (right) ca. 1910.

First National Bank, Remsen, IA (Chartered 1903 - Liquidated 1943)

Town History

Photo of the First National Bank building in 2012. Courtesy of Google Maps.

Remsen is located in Plymouth County in northwest Iowa. Remsen was platted by the Iowa Falls and Sioux City Railroad Town Land and Lot Company August 28, 1876, and was incorporated in the spring of 1889.

During the National Bank Note Era, the population of Remsen was 835 in 1900, rising slightly to 1,181 in 1930. It's highest population was 1,762 in 2000, and the current population is estimated at 1,621 (2018).

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

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

Bank Note History Wiki links:

• Iowa Bank Note History

Bank History

• Organized Sep 15, 1903
• Chartered Oct 2, 1903
• Succeeded Farmers & Merchants Bank of Remsen
• Opened for business Oct 3, 1903
• Liquidated on Dec 27, 1943
• Absorbed by First Trust & Savings Bank, Remsen

Official Bank Title(s)

1: The First National Bank of Remsen, IA

Bank Note Types Issued

1902 Plain Back $5 bank note with stamped signatures of W. G. Sievers, Cashier and W. J. Kass, President. Courtesy of Heritage Auctions, http://www.ha.com

1929 Type 1 $20 bank note with printed signatures of W. G. Sievers, Cashier and W. J. Kass, President. Courtesy of Heritage Auctions, http://www.ha.com

A total of $654,420 in National Bank Notes was issued by this bank between 1903 and 1935. This consisted of a total of 81,044 notes (64,744 large size and 16,300 small size notes).

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

Series/Type	Sheet/Denoms	Serial#s
1902 Red Seal	4x5	1 - 1450
1902 Red Seal	3x10-20	1 - 1000
1902 Date Back	4x5	1 - 2050
1902 Date Back	3x10-20	1 - 1540
1902 Plain Back	4x5	2051 - 8115
1902 Plain Back	3x10-20	1541 - 5621
1929 Type 1	6x5	1 - 1334
1929 Type 1	6x10	1 - 776
1929 Type 1	6x20	1 - 226
1929 Type 2	5	1 - 1294
1929 Type 2	10	1 - 790
1929 Type 2	20	1 - 200

Bank Presidents and Cashiers

First National Bank Presidents and Cashiers during the National Bank Note Era (1903 - 1936):

Presidents:

• J. F. Kriege, 1904-1905
• W. J. Kass, 1906-1935

Cashiers:

• M. R. Faber, 1904-1905
• W. G. Sievers, 1906-1935

Other Bank Note Signers

• There are currently no known Vice President or Assistant Cashier bank note signers for this bank.

References

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