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Bank Info for NB Charter 13422 (1930 - 1988)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 Freeborn County National Bank and Trust Company
Albert Lea, MN
2 Freeborn County National Bank (2/1/1934)
Albert Lea, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1930-1932 L. H. Peterson W. L. Palmer
1933-1933 L. H. Peterson * none *
1934-1935 L. H. Peterson J. L. Sorenson
Other Known Bank Note Signers
  • No other known bank note signers for this bank
Bank Note History Links
Smithsonian NBN Proof Links (Huntoon Index)
  • (No Smithsonian Proofs available for Charter 13422)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Jan 21, 1930
  • Chartered Jan 31, 1930
  • 1: Non-issuing
  • 2: Non-issuing
  • Bank was Open past 1935
  • For Bank History after 1935 see:
  • FDIC Bank History website
  • Merged into The First NB of Rochester, MN May 1, 1988
  • Notation on Organization Report:
  • Non-issuing, succeeded Freeborn County State Bank, Albert Lea, MN
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1931) $751,413
High Bal (1935) $1,416,248
Circulation Summary
(No Circulation)
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Dec-31-1930 $770,159.00 $0.00
Dec-31-1931 $751,413.00 $0.00
Dec-31-1932 $1,045,356.00 $0.00
Dec-30-1933 $1,022,146.00 $0.00
Dec-31-1934 $1,154,832.00 $0.00
Dec-31-1935 $1,416,248.00 $0.00

 

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