Union National Bank, Rochester, MN (Charter 2088)

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ca.1915 postcard of the Union National Bank

Union National Bank, Rochester, MN (Chartered 1873 - Closed (Merger) 2000)

Town History

ca.2019 photo of the old Union National Bank building (google maps)

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 Feb 12, 1873
  • Chartered Mar 5, 1873
  • Succeeded Union Savings Bank
  • Suspended Aug 9, 1893
  • Resumed Oct 2, 1893
  • Bank was Open past 1935
  • For Bank History after 1935 see FDIC Bank History website
  • Merged into Wells Fargo Bank Minnesota, NA in Minneapolis, MN Jul 8, 2000

Official Bank Title(s)

1: The Union National Bank of Rochester, MN

Bank Note Types Issued

Series 1875 $5 bank note with pen signatures of M.J. Daniels, Cashier and J.V. Daniels, President.
Series 1929 Type 2 $10 bank note with printed signatures of A.C. Burgan, Cashier and C.E. Knowlton, President.

A total of $734,370 in National Bank Notes was issued by this bank between 1873 and 1935. This consisted of a total of 87,524 notes (73,156 large size and 14,368 small size notes).

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

Series/Type Sheet/Denoms Serial#s
Original Series 3x1-2 1 - 1900
Original Series 4x5 1 - 2275
Series 1875 3x1-2 1 - 400
Series 1875 4x5 1 - 4537
1882 Brown Back 3x10-20 1 - 1870
1882 Date Back 3x10-20 1 - 681
1902 Date Back 3x10-20 1 - 1100
1902 Plain Back 3x10-20 1101 - 6626
1929 Type 1 6x5 1 - 966
1929 Type 1 6x10 1 - 874
1929 Type 1 6x20 1 - 276
1929 Type 2 5 1 - 1010
1929 Type 2 10 1 - 505
1929 Type 2 20 1 - 157

Bank Presidents and Cashiers

First National Bank Presidents and Cashiers during the National Bank Note Era (1873 - 1936):

Presidents:

Cashiers:

Other Known Bank Note Signers

  • No other known bank note signers for this bank

Bank Note History Links

Sources

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