Rochester National Bank, Rochester, MN (Charter 2316)
Rochester National Bank, Rochester, MN (Chartered 1876 - Liquidated 1924)
Town History
Rochester is the county seat of Olmsted County in southeastern Minnesota.
The community was founded by George Head and his wife Henrietta who built log cabin Head's Tavern in 1854 and named the city after his hometown of Rochester, New York.
When the Winona and St Peter Railroad initiated service in October 1864, it brought new residents and business opportunities further spurring growth and expansion.
In 1863, Dr. William W. Mayo arrived as the examining surgeon for Union draftees in the Civil War.
Mayo Clinic is today among the largest and most well-respected medical facilities in the world and it has been consistently ranked No. 1 Best hospital in the United States by U.S. News & World Report.
During the National Bank Note Era Rochester had a population of 3,953 in 1870, 20,621 in 1930, and 106,769 as of 2010.
Rochester was home to three National Banks, all of them issued bank notes.
Bank History
- Organized Dec 20, 1875
- Chartered Jan 6, 1876
- Succeeded Chadbourn Brothers
- Liquidated Jun 21, 1924
Official Bank Title(s)
1: The Rochester National Bank, Rochester, MN
Bank Note Types Issued
A total of $202,430 in National Bank Notes was issued by this bank between 1876 and 1924. This consisted of a total of 17,960 notes (17,960 large size and 0 small size notes).
This bank issued the following Types and Denominations of bank notes:
Series/Type Sheet/Denoms Serial#s Series 1875 4x10 1 - 2207 1882 Brown Back 3x10-20 1 - 970 1882 Date Back 3x10-20 1 - 573 1902 Plain Back 3x10-20 1 - 740
Bank Presidents and Cashiers
First National Bank Presidents and Cashiers during the National Bank Note Era (1876 - 1924):
Presidents:
- Charles H. Chadbourn, 1876-1887
- R. W. Chadbourn, 1888-1890
- E. W. Cross, 1891-1899
- H. M. Nowell, 1900-1923
Cashiers:
- Charles H. Bliss, 1876-1878
- T. H. Titus, 1879-1881
- H. M. Nowell, 1882-1899
- E. F. Cook, 1900-1905
- C. C. Storing, 1906-1909
- Emil A. Boie, 1910-1911
- R. C. Nowell, 1913-1913
- R. C. Nowell, 1915-1923
Other Known Bank Note Signers
- No other known bank note signers for this bank
Bank Note History Links
- Rochester National Bank, Rochester, MN History (NB Lookup)
- Olmsted County Bank Note History (BNH Wiki)
- Minnesota Bank Note History (BNH Wiki)
Sources
- Rochester, MN, Wikipedia, https://en.wikipedia.org/wiki/Rochester,_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