First National Bank, Saint Paul, MN (Charter 203)

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ca. 1910's postcard of earlier First National Bank location

First National Bank, Saint Paul, MN (Chartered 1864 - Closed (Merger) 1987)

Town History

2019 photo of First National Bank, Courtesy of Google Maps

Saint Paul (abbreviated St. Paul) is the capital and second-most populous city of the U.S. state of Minnesota. It is located in the east central part of the state.

Saint Paul is the county seat of Ramsey County, the smallest and most densely populated county in Minnesota. The city lies mostly on the east bank of the Mississippi River in the area surrounding its point of confluence with the Minnesota River, and adjoins Minneapolis, the state's largest city. Known as the "Twin Cities", the two form the core of Minneapolis–Saint Paul, the 16th-largest metropolitan area in the United States, with about 3.6 million residents.

Founded near historic Native American settlements as a trading and transportation center, the city rose to prominence when it was named the capital of the Minnesota Territory in 1849. The Dakota name for Saint Paul is "Imnizaska". Regionally, the city is known for the Xcel Energy Center, home of the Minnesota Wild, and for the Science Museum of Minnesota.

The settlement originally began at present-day Lambert's Landing, but was known as Pig's Eye after Pierre "Pig's Eye" Parrant established a popular tavern there. When Lucien Galtier, the first Catholic pastor of the region, established the Log Chapel of Saint Paul (shortly thereafter to become the first location of the Cathedral of Saint Paul), he made it known that the settlement was now to be called by that name, as "Saint Paul as applied to a town or city was well appropriated, this monosyllable is short, sounds good, it is understood by all Christian denominations".

The city had a population of 1,112 in 1850, climbing to 271,606 in 1930, with a high of 313,411 reached in 1960, an estimated 307,695 people reside here as of 2018.

Saint Paul has been home to 15 note issuing national banks, an additional two national banks did not issue notes.

Bank History

1868 First National Bank letterhead pen signed by H. P. Upham, Assistant Cashier
  • Chartered Jan 18, 1864
  • Assumed 725 by consolidation Dec 31, 1912 (Second National Bank, Saint Paul, MN)
  • Assumed its circulation
  • Assumed 2020 by consolidation Mar 23, 1929 (Merchants National Bank, Saint Paul, MN)
  • Bank was Open past 1935
  • For Bank History after 1935 see FDIC Bank History website
  • Merged into First Bank NA in Minneapolis, MN Dec 31, 1987

Official Bank Title(s)

1: The First National Bank of Saint Paul, MN

Bank Note Types Issued

Original $1 bank note with pen signatures of Horace Thompson, Cashier and James Egbert Thompson, President
Original $1 bank note with pen signatures of Henry Martyn Knox, Cashier and Horace Thompson, President, Courtesy of Heritage Auctions, http://www.ha.com

A total of $14,122,220 in National Bank Notes was issued by this bank between 1864 and 1935. This consisted of a total of 1,230,883 notes (655,284 large size and 575,599 small size notes).

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

Series/Type Sheet/Denoms Serial#s
Original Series 3x1-2 1 - 6500
Original Series 4x5 1 - 15025
Original Series 4x10 1 - 10800
Original Series 3x20-100 1 - 1800
Series 1875 4x5 1 - 3473
Series 1875 4x10 1 - 5750
1882 Brown Back 4x5 1 - 7017
1882 Brown Back 3x10-20 1 - 1853
1902 Red Seal 3x10-20 1 - 9900
1902 Date Back 3x10-20 1 - 101703
1929 Type 1 6x10 1 - 34476
1929 Type 1 6x20 1 - 10522
1929 Type 2 10 1 - 248686
1929 Type 2 20 1 - 56931

Bank Presidents and Cashiers

1902 Date Back $10 bank note with stamped signatures of Otto M. Nelson, Cashier and Everett H. Bailey, President, Courtesy of Heritage Auctions, http://www.ha.com
1929 Type 1 $10 bank note with printed signatures of Edwin Mott, Cashier and Richard C. Lilly, President
1929 Type 2 $20 bank note with printed signatures of Harry R. Fairchild, Cashier and Richard C. Lilly, President, Courtesy of Heritage Auctions, http://www.ha.com

First National Bank Presidents and Cashiers during the National Bank Note Era (1864 - 1936):

Presidents:

Cashiers:

Other Known Bank Note Signers

  • No other known bank note signers for this bank

Bank Note History Links

Sources

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