Watsontown National Bank, Watsontown, PA (Charter 2483)
Watsontown National Bank, Watsontown, PA (Chartered 1880 - Closed (Merger) 1993)
Town History
Watsontown is a borough in Northumberland County, Pennsylvania and was named for founder John Watson. The population was 2,351 at the 2010 census. In 1880, the population was 1,481.
Land in the Watsontown area was first purchased by John Watson in 1792. The borough's post office was opened in 1828 and the borough incorporated in 1867. There was a racetrack in Watsontown from 1830 to 1840. Watsontown was an important part of a transportation network that included roads, railroads, and canals along the Susquehanna River and many businesses were located here because of this. Part of the old canal and the tow path used by mules at the time is still visible along the river.
Watsontown had two National Banks chartered during the Bank Note Era, and both of those banks issued National Bank Notes.
Bank History
- Organized May 31, 1880
- Chartered Jun 17, 1880
- Succeeded Watsontown Bank
- Bank was Open past 1935
- For Bank History after 1935 see FDIC Bank History website
- Merged into Snyder County Trust, Selinsgrove, PA, Dec 1,1993
Official Bank Title(s)
1: The Watsontown National Bank, Watsontown, PA
Bank Note Types Issued
A total of $1,514,630 in National Bank Notes was issued by this bank between 1880 and 1993. This consisted of a total of 121,611 notes (104,184 large size and 17,427 small size notes).
This bank issued the following Types and Denominations of bank notes:
Series/Type Sheet/Denoms Serial#s Sheet Comments Series 1875 3x10-20 1 - 5860 1882 Brown Back 3x10-20 1 - 4200 1882 Date Back 3x10-20 1 - 5500 1882 Value Back 3x10-20 5501 - 7979 1902 Plain Back 3x10-20 1 - 8007 1929 Type 1 6x10 1 - 1844 1929 Type 1 6x20 1 - 502 1929 Type 2 10 1 - 2557 1929 Type 2 20 1 - 794
Bank Presidents and Cashiers
Bank Presidents and Cashiers during the National Bank Note Era (1880 - 1993):
Presidents:
- Silas Rambach, 1880-1880
- Joseph Gaston Durham, 1881-1882
- Thompson Bower, 1883-1908
- Frank E. Kirk, 1909-1926
- James Knox Watson, 1927-1935
Cashiers:
Other Bank Note Signers
- There are currently no known Vice President or Assistant Cashier bank note signers for this bank.
Wiki Links
- Pennsylvania Bank Note History
- General information on Watsontown (Wikipedia)
- General information on Northumberland County (Wikipedia)
- General information on Pennsylvania (Wikipedia)
Sources
- Watsontown, PA, Wikipedia, https://en.wikipedia.org/wiki/Watsontown,_Pennsylvania
- 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://bbdata.banknotehistory.com