Home National Bank, Union City, PA (Charter 8879)

The Home National Bank building, Union City, Pennsylvania, ca1910s. Courtesy of Adam Stroup

Home National Bank, Union City, PA (Chartered 1907 - Open past 1935)

Town History

Needed: a recent photo of the bank or another postcard.

Union City is a borough in southeastern Erie County, Pennsylvania, 22 miles southeast of Erie. The community of Union City, once known as Miles Mills and Union Mills, was founded in 1789. William Miles developed the community as a market and industrial center. Settlers found the region to be covered in primeval forest with large open tracts among the rolling hills. In the twentieth century, there were three large chair factories, planing and grist mills, a powdered milk plant, and several furniture factories. In the 1860s, the post office name was Union Mills. The population was 3,320 at the 2010 census.

Union City had three National Banks chartered during the Bank Note Era, and all three of those banks issued National Bank Notes. Union Mills, an earlier name for Union City, had one National bank chartered and it issued National Bank Notes.

Bank History

Organized June 11, 1907
Chartered September 19, 1907
Opened for business September 23, 1907
Receivership January 19, 1932
Restored to solvency November 30, 1932
Bank was Open past 1935

On September 19, 1907, the Comptroller of the Currency authorized the Home National Bank of Union City to begin the business of banking with capital of $50,000 and Dallas G. Gulley, president; Rulaf Fuller, vice president; and Fred W. Reese, cashier.

On October 11, 1958, A.J. Hartleb, president of the Union Bank of Erie, announced that directors had agreed to purchase the assets of the Home National Bank of Union City.

Union Bank opened for business on March 10, 1923. Its acquisition of the Home National Bank of Union City was finalized in February 1959. In November 1965, it merged as the Union Bank and Trust Co. with the Bank of Erie and was the surviving organization. In February 1971, Union Bank and Trust Co. merged with The Pennsylvania Bank and Trust Company of Titusville. Union Bank had deposits in excess of $78 million and total assets exceeding $86 million. It operated in 8 offices in the city of Erie and one in Union City and in November, 1970, it moved into its new, 1.5 million dollar main office at the corner of State and Peach Streets, Erie.

Official Bank Title(s)

1: The Home National Bank of Union City, PA

Bank Note Types Issued

1902 Red Seal $10 bank note with pen signatures of Fred. W. Reese, Cashier and Dallas G. Smiley, President. Courtesy of Lyn Knight Auctions, www.lynknight.com

1929 Type 1 $20 bank note with printed signatures of Milton M. Rouse, Cashier and E.A. Shreve, President. Courtesy of Lyn Knight Auctions, www.lynknight.com

A total of $820,410 in National Bank Notes was issued by this bank between 1907 and 1935. This consisted of a total of 66,068 notes (53,404 large size and 12,664 small size notes).

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

Series/Type	Sheet/Denoms	Serial#s	Sheet Comments
1902 Red Seal	3x10-20	1 - 1500
1902 Date Back	3x10-20	1 - 3500
1902 Plain Back	3x10-20	3501 - 11851
1929 Type 1	6x10	1 - 1356
1929 Type 1	6x20	1 - 380
1929 Type 2	5	1 - 300
1929 Type 2	10	1 - 1456
1929 Type 2	20	1 - 492

Bank Presidents and Cashiers

Bank Presidents and Cashiers during the National Bank Note Era (1907 - 1936):

Presidents:

Cashiers:

Other Bank Note Signers

There are currently no known Vice President bank note signers for this bank.
Milton M. Rouse signed notes as the assistant cashier.

Wiki Links

Sources

Union City, PA, Wikipedia, https://en.wikipedia.org/wiki/Union_City,_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 Wall Street Journal, New York, NY, Fri., Sep. 20, 1907.
Sunday News, Lancaster, PA, Sun., Oct. 12, 1958.
The Philadelphia Inquirer, Philadelphia, PA, Tue., May 25, 1965.
Warren Times-Mirror, Warren, PA, Wed., Feb. 17, 1971.