North Western National Bank, Minneapolis, MN (Charter 2006)
North Western National Bank, Minneapolis, MN (Chartered 1872 - Closed (Merger) 2004)
Town History
Minneapolis is located in Hennepin County in east central Minnesota. French explorers arrived in the area around 1680. Fort Snelling, just south of present-day Minneapolis, was built in 1819 by the United States Army. It attracted traders, settlers and merchants, spurring growth in the area. The Minnesota Territorial Legislature authorized Minneapolis as a town in 1856, and it was incorporated as a city in 1867. The name Minneapolis is attributed to Charles Hoag, the city's first schoolmaster, who suggested Minnehapolis, derived from Minnehaha, and combined mni, a Dakota Sioux word for water, and polis, the Greek word for city.
During the National Bank Note Era, the population of Minneapolis was 13,066 in 1870, growing to 464,356 in 1930. It's highest population was 521,718 in 1950, and the current population is estimated at 425,403 (2018).
Minneapolis had 29 National Banks during the Bank Note Era, and 25 of those banks issued National Bank Notes.
Bank History
- Organized Apr 11, 1872
- Chartered Jun 28, 1872
- Opens doors Sep 7, 1872
- 1: Assumed Metropolitan Bank 1902
- 1: Absorbed 3206 Jul 15, 1908 (National Bank of Commerce, Minneapolis, MN)
- 1: Assumed 4951 by consolidation Dec 31, 1908 (Swedish American NB, Minneapolis, MN)
- 1: Absorbed 11178 Sep 5, 1922 (Lincoln National Bank, Minneapolis, MN)
- 1: Absorbed 11778 Jul 9, 1923 (Minneapolis National Bank, Minneapolis, MN)
- 1929, acquired by Northwest Bancorporation (cooperative)
- 1: Absorbed 9442 Mar 20, 1931 (Metropolitan National Bank, Minneapolis, MN)
- 1: Absorbed 12115 Jul 28, 1931 (Richfield National Bank, Richfield, MN)
- 1: Assumed Minnesota Loan & Trust Company, Minneapolis by consolidation Jan 2, 1934 with title change to Northwestern National Bank & Trust Co. of
- Bank was Open past 1935
- For Bank History after 1935 see FDIC Bank History website
- Changed Name to Norwest Bank Minneapolis, NA May 1, 1983
- Changed Name to Norwest Bank Minnesota, NA Jan 1, 1988
- In November 1998, Wells Fargo Bank was acquired by Norwest Corporation of Minneapolis (of which Norwest Bank Minnesota, NA was the lead bank), with the combined company assuming the (better known) Wells Fargo name.
- Changed Name to Wells Fargo Bank Minnesota, NA Jul 8, 2000
- Acquired Norwest Bank Minnesota South, NA Rochester, MN Jul 8, 2000
- Acquired Norwest Bank Minnesota North, NA Duluth, MN Jul 8, 2000
- Acquired Norwest Bank Minnesota Southwest, NA Marshall, MN Aug 26, 2000
- Acquired Norwest Bank Minnesota West, NA Moorhead, MN Aug 26, 2000
- Merged into Wells Fargo Bank, NA Sioux Falls, SD Feb 20, 2004
Official Bank Title(s)
1: The North Western National Bank of Minneapolis, MN
2: 2nd title not used on notes: Northwestern National Bank and Trust Company of Minneapolis, MN (1/2/1934)
Bank Note Types Issued
A total of $11,313,760 in National Bank Notes was issued by this bank between 1872 and 1935. This consisted of a total of 1,494,567 notes (1,192,056 large size and 302,511 small size notes).
This bank issued the following Types and Denominations of bank notes:
Series/Type Sheet/Denoms Serial#s 1: Original Series 3x1-2 1 - 5980 1: Original Series 4x5 1 - 6000 1: Original Series 3x10-20 1 - 1700 1: Original Series 50-100 1 - 200 1: Series 1875 4x5 1 - 4698 1: Series 1875 3x10-20 1 - 1741 1: 1882 Brown Back 4x5 1 - 31500 1: 1882 Brown Back 4x10 1 - 16250 1: 1882 Brown Back 3x10-20 1 - 18400 1: 1882 Date Back 4x5 1 - 33074 1: 1882 Date Back 4x10 1 - 27263 1: 1882 Date Back 3x10-20 1 - 802 1: 1902 Date Back 4x5 1 - 76225 1: 1902 Date Back 4x10 1 - 45881 1: 1902 Date Back 3x10-20 1 - 16400 1: 1902 Plain Back 3x10-20 16401 - 28400 1: 1929 Type 1 6x5 1 - 27332 1: 1929 Type 1 6x10 1 - 15626 1: 1929 Type 2 5 1 - 21828 1: 1929 Type 2 10 1 - 22935
Bank Presidents and Cashiers
First National Bank Presidents and Cashiers during the National Bank Note Era (1872 - 1936):
Presidents:
- Dorilus Morrison, 1872-1874
- Henry T. Welles, 1875-1887
- Samuel Arthur Harris, 1888-1890
- George Alfred Pillsbury, 1891-1898
- James Warner Raymond, 1899-1902
- William Hood Dunwoody, 1903-1911
- Edward Williams Decker, 1912-1933
- Theodore Wold, 1934-1935
Cashiers:
- Samuel Evans Neiler, 1872-1879
- Samuel Arthur Harris, 1880-1887
- James Berwick Forgan, 1888-1891
- David Robertson Forgan, 1892-1895
- Gilbert G. Thorne, 1896-1900
- Edward Williams Decker, 1901-1902
- Joseph Chapman, Jr., 1903-1907
- Frank E. Holton, 1908-1911
- Alexander V. Ostrom, 1912-1914
- Robert Elphinstone Macgregor, 1915-1917
- Scott Howell Plummer, 1918-1925
- Huntington Parker Newcomb, 1926-1928
- Guy Edmond Masters, 1929-1935
Other Known Bank Note Signers
Bank Note History Links
- North Western National Bank, Minneapolis, MN History (NB Lookup)
- Minnesota Bank Note History (BNH Wiki)
Sources
- Minneapolis, MN, Wikipedia, https://en.wikipedia.org/wiki/Minneapolis,_Minnesota
- 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
- https://www.mnopedia.org/group/northwestern-national-bank-minneapolis
- https://en.wikipedia.org/wiki/Norwest_Corporation