National State Bank, Oneida, NY (Charter 2401)

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This should be a contemporary postcard or photo of the bank. (Set Height x300px)

National State Bank, Oneida, NY (Chartered 1878 - Liquidated 1913)

Town History

Oneida (/oʊˈnaɪdə/) is a city in Madison County located west of Oneida Castle (in Oneida County) and east of Wampsville, New York. The population was 11,390 at the 2010 census. The city, like both Oneida County and the nearby silver and china maker, was named for the Oneida tribe, which had a large territory here around Oneida Lake during the colonial period.

This area was part of the territory of the Oneida tribe during the colonial era. The Oneida were one of the original Five Nations of the Iroquois League and many Oneida were allies of the Americans during the Revolutionary War, although the Onondaga, Cayuga, Seneca and Mohawk tribes led by Mohawk Chief Joseph Brant, who fought for the British out of Niagara, decimated several isolated American settlements. Returning to their homes after the Revolution, the Oneida men who served and supported the American effort were compensated by the U.S. government for their losses and took in remnants of the Mohegan nation.

The federally recognized Oneida Nation owns land in this vicinity, where some members live. It operates the Turning Stone Casino and Resort in Verona. It is one of four recognized tribes of Oneida people, the only one in the state.

About 1830, Sands Higinbotham purchased several hundred acres of land where Oneida is now located, and in the autumn of 1834, he took up residence there. In 1837, the Syracuse and Utica Railroad Company located their railroad across from his farm, and made one of their important stations there. In July, 1839, the cars commenced to run and from that date, under the fostering care of Mr. Higinbotham, the village of Oneida has steadily grown.

The Village of Oneida was incorporated on June 20, 1848 as part of the larger Town of Lenox to its west, but years of friction among the different sections of town spurred this village to establish itself independently as the new Town of Oneida in 1896. In turn, this town was later chartered as the City of Oneida on March 28, 1901.

Oneida had three National Banks chartered during the Bank Note Era, and all three of those banks issued National Bank Notes. Oneida also had one Obsolete Bank that issued Obsolete Bank Notes during the Obsolete Bank Note Era (1782-1866).

Bank History

  • Organized Oct 31, 1878
  • Chartered Nov 9, 1878
  • Succeeded State Bank
  • Liquidated Sep 1, 1913
  • Succeeded by Madison County Trust and Deposit Company

Official Bank Title(s)

1: The National State Bank of Oneida, NY

Bank Note Types Issued

Series of 1875 $5 bank note with pen signatures of A.B. French, Cashier and A.J. French, Vice President.
Series of 1875 $5 bank note with pen signatures of A.B. French, Cashier and A.J. French, Vice President. Courtesy of Heritage Auctions, www.ha.com

A total of $825,770 in National Bank Notes was issued by this bank between 1878 and 1913. This consisted of a total of 113,740 notes (113,740 large size and No small size notes).

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

Series/Type Sheet/Denoms Serial#s Sheet Comments
Series 1875 4x5 1 - 19866
1882 Brown Back 3x10-20 1 - 5400
1882 Date Back 3x10-20 1 - 3169

Bank Presidents and Cashiers

Bank Presidents and Cashiers during the National Bank Note Era (1878 - 1913):

Presidents:

Cashiers:

Other Bank Note Signers

  • A.J. French signed notes as Vice President.
  • There are currently no known Assistant Cashier bank note signers for this bank.

Wiki Links

Sources

  • Oneida, NY, 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