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Bank Info for NB Charter 5826 (1901 - 1925)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Redwood Falls, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1901-1909 Herbert A. Baldwin A. C. Burmeister
1910-1911 W. B. Clement Herbert A. Baldwin
1912-1913 * none * Herbert A. Baldwin
1914-1924 Fredrick William Zander Herbert A. Baldwin
Other Known Bank Note Signers
Bank Note History Links
Bank Note Types Issued (VanBelkum)
Series/Type Sheet/Denoms Serial#s Sheet Comments
1882 Brown Back 4x5 1 - 1050
1882 Brown Back 3x10-20 1 - 780
1882 Date Back 4x5 1 - 1625
1882 Date Back 3x10-20 1 - 1240
1882 Value Back 4x5 1626 - 2475
1882 Value Back 3x10-20 1241 - 1698
1902 Plain Back 4x5 1 - 3480
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Mar 11, 1901
  • Chartered May 21, 1901
  • Succeeded Redwood County Bank
  • Receivership Jul 29, 1925
  • Notation on Organization Report:
  • Conversion of The Redwood Co. Bank of Redwood Falls.
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded Redwood County Bank
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1901) $140,375
High Bal (1920) $838,452
Circulation Summary
Low Bal (1901) $10,000
High Bal (1909) $25,000
Total Out (1924) $25,000
# Large Notes 37,932
# Small Notes 0
# Total Notes 37,932
$ Large Size $264,000
$ Small Size $0
$ Total Issued $264,000
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-30-1901 $140,374.58 $10,000.00
Sep-15-1902 $179,571.18 $10,000.00
Sep-09-1903 $167,375.37 $10,000.00
Sep-06-1904 $193,254.52 $20,000.00
Aug-25-1905 $178,017.00 $20,000.00
Sep-04-1906 $189,707.00 $20,000.00
Aug-22-1907 $166,511.00 $20,000.00
Sep-23-1908 $178,122.00 $20,000.00
Sep-01-1909 $228,459.00 $25,000.00
Sep-01-1910 $317,204.00 $25,000.00
Sep-01-1911 $328,471.00 $25,000.00
Sep-04-1912 $341,070.00 $25,000.00
Aug-09-1913 $352,611.00 $25,000.00
Sep-12-1914 $460,000.00 $25,000.00
Sep-02-1915 $509,669.00 $25,000.00
Sep-12-1916 $543,551.00 $25,000.00
Sep-11-1917 $597,324.00 $25,000.00
Aug-31-1918 $658,990.00 $25,000.00
Sep-12-1919 $835,161.00 $25,000.00
Sep-12-1920 $838,452.00 $24,500.00
Sep-06-1921 $633,992.00 $25,000.00
Sep-15-1922 $679,084.00 $25,000.00
Sep-14-1923 $708,384.00 $25,000.00
Oct-10-1924 $747,576.00 $25,000.00

 

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