First National Bank, Vinita, OK (Charter 4704)

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In 1897, the bank moved from the Cobb Hotel to the corner of Illinois Avenue and Wilson Street. W.E. Halsell, an early director of the bank, built the building.
In 1897, the bank moved from the Cobb Hotel to the corner of Illinois Avenue and Wilson Street. W.E. Halsell, an early director of the bank, built the new building (picture circa 1930s). [100 Years of Banking, p. 13]

First National Bank, Vinita, OK (Chartered 1892 - Closed (Merger) 2021)

Town History

From 1902, Vance McSpadden, Mr. Phillips, W.E. Halsell, and an unidentified man standing behind the teller cage.
From 1902, Vance McSpadden, Mr. Phillips, W.E. Halsell, and an unidentified man standing behind the teller cage. [100 Years of Banking, p. 15]

Vinita was founded in 1870 by Col. Elias Cornelius Boudinot and was incorporated in Indian Territory in 1898. In 1869 the Missouri, Kansas, and Texas railroad survey crew had reached the south bank of Big Cabin Creek. Col. Boudinot shrewdly staked out a town-site near the planned rail crossing of the Big Cabin Creek by Atlantic and Pacific surveys. Directors of the A&P switched the crossing, apparently with the blessing of Chief Lewis Downing and the Cherokee National Council, creating Downingville. Boudinot, however, was soon cut-in for one third of the new town-site and permitted to name the new town Vinita. So Downingville and Vinita came into existence about 1871, and they formed primarily a Native American community. The origin of the name "Vinita" is after Boudinot's friend, sculptor Vinnie Ream. Vinita is along the path of the Texas Road cattle trail, and the later Jefferson Highway of the early National Trail System, both roughly along the path of U.S. Route 69 through Oklahoma today. Early in its history, cattle ranching in the surrounding countryside contributed heavily to Vinita's economy. When Craig County was created at statehood, Vinita was designated as the county seat. As of the 2000 census, the population was 6,472,  In 1900 the population was 2,339, growing to a peak in 1980 of 6,740.

Vinita had four National Banks chartered during the Bank Note Era, and all four of those banks issued National Bank Notes.

Bank History

  • Organized February 29, 1892
  • Chartered March 8, 1892
  • Assumed 5083 by consolidation and its circulation (Vinita National Bank, Vinita, OK) August 17, 1929
  • Bank was Open past 1935
  • For Bank History after 1935 see FDIC Bank History website
  • Merged into BancFirst Oklahoma City, OK on May 21, 2021

Official Bank Title(s)

1: The First National Bank of Vinita, OK

Bank Note Types Issued

1882 Brown Back $10 bank note issued when Vinita was part of Indian Territories. It has pen signatures of A. L. Churchill, Cashier and G. W. Clark, Vice President
1882 Brown Back $10 bank note issued when Vinita was part of Indian Territories. It has pen signatures of A. L. Churchill, Cashier and G. W. Clark, Vice President. Courtesy of Heritage Auctions, www.ha.com
1929 Type 2 $20 bank note with printed signatures of Charles H. Collins, Cashier and Dr. Louis Bagby, President.
1929 Type 2 $20 bank note with printed signatures of Charles H. Collins, Cashier and Dr. Louis Bagby, President. Courtesy of Heritage Auctions, www.ha.com

A total of $1,738,780 in National Bank Notes was issued by this bank between 1892 and 2021. This consisted of a total of 219,320 notes (185,032 large size and 34,288 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 - 7300 Territory, Indian
1882 Brown Back 3x10-20 1 - 3840 Territory, Indian
1882 Brown Back 4x5 1 - 1250
1882 Brown Back 3x10-20 1 - 500
1882 Date Back 4x5 1 - 2398
1882 Date Back 3x10-20 1 - 1912
1902 Date Back 4x5 1 - 3650
1902 Date Back 3x10-20 1 - 3020
1902 Plain Back 4x5 3651 - 17260
1902 Plain Back 3x10-20 3021 - 11798
1929 Type 1 6x5 1 - 2662
1929 Type 1 6x10 1 - 1392
1929 Type 1 6x20 1 - 392
1929 Type 2 5 1 - 4276
1929 Type 2 10 1 - 2640
1929 Type 2 20 1 - 696

Bank Presidents and Cashiers

First National Bank Presidents and Cashiers during the National Bank Note Era (1892 - 2021):

Presidents:

Cashiers:

Other Known Bank Note Signers

Bank Note History Links

Sources

  • Vinita, OK, 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
  • 100 Years of Banking 1892-1992, The First National Bank and Trust Company, Vinita, OK.
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