Difference between revisions of "First National Bank, Miamisburg, OH (Charter 3876)"

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As of 1919, the First National Bank was located on North Main St.<ref>[http://www.daytonhistorybooks.com/page/page/3531726.htm Memoirs of the Miami Valley Volume 2 (1919)]</ref>
 
As of 1919, the First National Bank was located on North Main St.<ref>[http://www.daytonhistorybooks.com/page/page/3531726.htm Memoirs of the Miami Valley Volume 2 (1919)]</ref>
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If anyone can come up with an exact address better than "N. Main St" I can try and take a picture as it currently stands.
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In 1988, the First National Bank of Miamisburg merged with the First National Bank of Cincinnati.<ref>[https://www.newspapers.com/image/397737922/?terms=%22First+National+Bank+of+Miamisburg%22 Dayton Daily News January 29, 1988.]</ref>. The combined entity is renamed Star Bank.<ref>[https://www.newspapers.com/image/406953339/?terms=%22First+National+Bank+of+Miamisburg%22 Dayton Daily News, July 6, 1988]</ref>
 
In 1988, the First National Bank of Miamisburg merged with the First National Bank of Cincinnati.<ref>[https://www.newspapers.com/image/397737922/?terms=%22First+National+Bank+of+Miamisburg%22 Dayton Daily News January 29, 1988.]</ref>. The combined entity is renamed Star Bank.<ref>[https://www.newspapers.com/image/406953339/?terms=%22First+National+Bank+of+Miamisburg%22 Dayton Daily News, July 6, 1988]</ref>
  
[[Image:20190610-3876-10.png|x260px|thumb|1929-T1 $10 note signed by Charles F. Eck, Cashier and T. V. Lyons, President.]]
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I know the focus is supposed to be pre-1935. It's hard to pass up including these juicy robbery stories and a scandal involving the President and VP.  I'm not aware of any other banks that I have researched to date that have so much modern history that I think would be of interest to folks.
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== Modern History ==
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[[Image:Farmersville Branch.png|thumb|x300px|First National Bank of Miamisburg, Farmersville Branch]]
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Robberies plagued the First National Bank in the 1960s. The Farmersville Branch, established in 1956 when the Citizens Bank of Farmersville was purchased<ref>[https://fraser.stlouisfed.org/files/docs/publications/comp/pages/56747_1955-1959.pdf Federal Reserve Data]</ref>, was robbed of $50,000 in 1964. Two masked gunmen had to make two trips in their getaway car to carry off all the money.<ref>[https://www.newspapers.com/newspage/404397198/ Dayton Daily News May 23, 1964]</ref>Both suspects were caught and tried within 6 months.<ref>[https://www.newspapers.com/newspage/394407692/ Journal Herald October 1, 1964]</ref>
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In 1968, the Centerville branch of the bank was robbed 3 times in 3 weeks.  All 3 robberies were by the same man, a French Canadian who had been in the area 5 months working on a construction project.<ref>[https://www.newspapers.com/image/404642224/?terms=%22First+National+Bank+of+Miamisburg%22 Dayton Daily News July 12, 1968]</ref>
  
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In 1982, President W. Terry Lyons and Vice President William Bostleman were indicted for allegedly helping Larry Hahn, president of defunct Contemporary Dodge pass bad checks.  Hahn's bad checks resulted in losses of $200,000 to other car dealerships and private individuals.<ref>[https://www.newspapers.com/newspage/395575177/ Journal Herald March 17, 1982]</ref>Charges were dropped against Bostleman<ref>[https://www.newspapers.com/newspage/405978557/ Dayton Daily News April 10, 1982]</ref> and later dropped against Lyons<ref>[https://www.newspapers.com/image/406617131/?terms=%22First+National+Bank+of+Miamisburg%22 Dayton Daily News August 13, 1982]</ref> as well.
  
 
== Bank Notes Issued ==
 
== Bank Notes Issued ==
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[[Image:20190610-3876-10.png|x260px|thumb|1929-T1 $10 note signed by Charles F. Eck, Cashier and T. V. Lyons, President.]]
 
A total of $1,811,100 in National Bank Notes was issued by this bank between 1888 and 1935. This consisted of a total of 145,607 notes (122,620 large size and 22,987 small size notes).
 
A total of $1,811,100 in National Bank Notes was issued by this bank between 1888 and 1935. This consisted of a total of 145,607 notes (122,620 large size and 22,987 small size notes).
  

Revision as of 13:46, 11 June 2019

Postcard of banking room of FNB Miamisburg circa February, 1920.

The First National Bank Miamisburg, OH (1888 - 1988) was the more successful of two national banks in Miamisburg. It survived decades after the end of the national era.


Early History

The First National Bank was formed in 1888 when the banking company of H. Groby and Co., established in 1866, merged with the First National Bank.[1]

Bank History

In 1918, the bank received a very positive review in the Annual Labor Review.[2]

As of 1919, the First National Bank was located on North Main St.[3]

In 1988, the First National Bank of Miamisburg merged with the First National Bank of Cincinnati.[4]. The combined entity is renamed Star Bank.[5]


Modern History

First National Bank of Miamisburg, Farmersville Branch

Robberies plagued the First National Bank in the 1960s. The Farmersville Branch, established in 1956 when the Citizens Bank of Farmersville was purchased[6], was robbed of $50,000 in 1964. Two masked gunmen had to make two trips in their getaway car to carry off all the money.[7]Both suspects were caught and tried within 6 months.[8]

In 1968, the Centerville branch of the bank was robbed 3 times in 3 weeks. All 3 robberies were by the same man, a French Canadian who had been in the area 5 months working on a construction project.[9]

In 1982, President W. Terry Lyons and Vice President William Bostleman were indicted for allegedly helping Larry Hahn, president of defunct Contemporary Dodge pass bad checks. Hahn's bad checks resulted in losses of $200,000 to other car dealerships and private individuals.[10]Charges were dropped against Bostleman[11] and later dropped against Lyons[12] as well.

Bank Notes Issued

1929-T1 $10 note signed by Charles F. Eck, Cashier and T. V. Lyons, President.

A total of $1,811,100 in National Bank Notes was issued by this bank between 1888 and 1935. This consisted of a total of 145,607 notes (122,620 large size and 22,987 small size notes).

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

  • Series 1882 Brown Back ($10,$20)
  • Series 1902 Red Seal ($10,$20)
  • Series 1902 Date Back ($10,$20)
  • Series 1902 Plain Back ($10,$20)
  • Series 1929 Type 1 small size ($10,$20)
  • Series 1929 Type 2 small size ($10,$20)

Official Bank Title(s)

  • The First National Bank of Miamisburg (04/30/1888)

Bank Presidents and Cashiers

First National Bank Presidents and Cashiers during the National Bank Note Era (1889 - 1935):

Presidents:

  • Henry Groby, 1888 – 1890
  • Newton J. Catrow, 1891 – 1909
  • T. V. Lyons, 1910 – 1931
  • Charles F. Eck, 1932 – 1935+

Cashiers:

  • Newton J. Catrow, 1888 – 1890
  • Elmer M. Hill, 1891
  • W. A. Black, 1892 – 1897
  • H. G. Catrow, 1898 – 1907
  • Charles F. Eck, 1908 – 1931
  • C. A. Schuster, 1932 – 1935


Other Bank Note Signers

  • There are currently no known Vice President or Assistant Cashier bank note signers for this bank.

References

  1. [https://books.google.com/books?id=2NsyAQAAMAAJ&pg=PA1011&lpg=PA1011&dq=%22First+National+Bank+of+Miamisburg%22&source=bl&ots=Zb8jmxn8yS&sig=eZk0bSbaHKz50O4TKbyJ4WEf9Sw&hl=en&sa=X&ved=0ahUKEwiXruaW_a3aAhWOl-AKHS6yDHM4ChDoAQgoMAA#v=onepage&q=%22First%20National%20Bank%20of%20Miamisburg%22&f=false Centennial Portrait and Biographical Record of the City of Dayton and of Montgomery County, Ohio: Containing Biographical Sketches of Prominent and Representative Citizens, Together with the Biographies and Portraits of the Presidents of the United States and Biographies of the Governors of Ohio (1897)]
  2. [http://www.daytonhistorybooks.com/page/page/5704069.htm OFFICIAL ANNUAL LABOR REVIEW: A Review of the Miami Valley Financial, Industrial and Commercial Enterprises In Sympathy with the Tenets of Organized Labor (1918)]
  3. Memoirs of the Miami Valley Volume 2 (1919)
  4. Dayton Daily News January 29, 1988.
  5. Dayton Daily News, July 6, 1988
  6. Federal Reserve Data
  7. Dayton Daily News May 23, 1964
  8. Journal Herald October 1, 1964
  9. Dayton Daily News July 12, 1968
  10. Journal Herald March 17, 1982
  11. Dayton Daily News April 10, 1982
  12. Dayton Daily News August 13, 1982
  • 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