Oneida Valley National Bank, Oneida, NY (Charter 1090)

Needed: a contemporary postcard or photo of the bank.

Oneida Valley National Bank, Oneida, NY (Chartered 1865 - Closed (Merger) 2013)

Town History

NBT Bank, Oneida, New York, ca2020. The bank is located on the corner of Main Street and Farrier Avenue. Courtesy of Google Maps

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.

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

Obsolete $5 bank note dated Jan. 15, 1854, Oneida Valley Bank, Oneida, New York, with pen signatures of T.F. Hand (Sr.), Cashier and N. Higinbotham, President. Courtesy of Heritage Auctions, www.ha.com

Organized April 6, 1865
Chartered April 29, 1865
Succeeded Oneida Valley Bank
Bank was Open past 1935
For Bank History after 1935 see FDIC Bank History website
Acquired The National Bank of Cortland, NY (Charter 2272) April 16, 1999
Changed Institution Name to Alliance Bank, National Association April 16, 1999
Acquired Oswego County National Bank (FDIC #15978) in Oswego, NY, October 6, 2006
Merged into NBT Bank, NA in Norwich, NY, March 9, 2013

Alliance Bank was created in April 1999, following the merger of two long-standing Central New York banks: The Oneida Valley National Bank and The First National Bank of Cortland.

Official Bank Title(s)

1: The Oneida Valley National Bank of Oneida, NY

Bank Note Types Issued

Original series $2 bank note with pen signatures of T.F. Hand (Sr.), Cashier and N. Higinbotham, President. Courtesy of Heritage Auctions, www.ha.com

1902 Red Seal $5 bank note, Serial Number 1, with pen signatures of T.F. Hand (Jr.), Cashier and H.H. Douglass, President. Courtesy of Lyn Knight Auctions, www.lynknight.com

1929 Type 1 $20 bank note with printed signatures of Robert H. Fearon, Cashier and Henry D. Fearon, President. Courtesy of Heritage Auctions, www.ha.com

A total of $3,107,190 in National Bank Notes was issued by this bank between 1865 and 2013. This consisted of a total of 421,836 notes (338,856 large size and 82,980 small size notes).

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

Series/Type	Sheet/Denoms	Serial#s	Sheet Comments
Original Series	3x1-2	1 - 4300
Original Series	4x5	1 - 4475
Original Series	3x10-20	1 - 1370
Series 1875	3x1-2	1 - 1120
Series 1875	4x5	1 - 5610
Series 1875	3x10-20	1 - 1500
1882 Brown Back	4x5	1 - 8046
1882 Brown Back	3x10-20	1 - 3858
1902 Red Seal	4x5	1 - 1700
1902 Red Seal	3x10-20	1 - 1340
1902 Date Back	4x5	1 - 5800
1902 Date Back	3x10-20	1 - 4030
1902 Plain Back	4x5	5801 - 31180
1902 Plain Back	3x10-20	4031 - 20215
1929 Type 1	6x5	1 - 5902
1929 Type 1	6x10	1 - 3244
1929 Type 1	6x20	1 - 794
1929 Type 2	5	1 - 14604
1929 Type 2	10	1 - 6900
1929 Type 2	20	1 - 1836

Bank Presidents and Cashiers

Bank Presidents and Cashiers during the National Bank Note Era (1865 - 2013):

Presidents:

Cashiers:

Other Bank Note Signers

There are currently no known Vice President or 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
The Ithaca Journal, Ithaca, NY, Wed., Aug. 4, 1999.