First National Bank of Enid, OK (Charter 9586)

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Postcard of the First National Bank of Enid ca1930s.
Postcard of the First National Bank of Enid ca1930s. Courtesy of Adam Stroup

First National Bank of Enid, OK (Chartered 1909 - Liquidated 1986)

Town History

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This could be recent photo of the bank or another postcard. (Set Height x300px)

Enid is the ninth-largest city in the state of Oklahoma. It is the county seat of Garfield County. As of the 2010 census, the population was 49,379. Enid was founded during the opening of the Cherokee Outlet in the Land Run of 1893, and is named after Enid, a character in Alfred, Lord Tennyson's Idylls of the King. In 1991, the Oklahoma state legislature designated Enid the "purple martin capital of Oklahoma." Enid holds the nickname of "Queen Wheat City" and "Wheat Capital" of Oklahoma and the United States for its immense grain storage capacity, and has the third-largest grain storage capacity in the world.

In summer 1889, M.A. Low, a Rock Island official, visited the local railroad station then under construction, and inquired about its name. At that time, it was called Skeleton. Disliking the original name, he renamed the station Enid after a character in Alfred Lord Tennyson's Idylls of the King. However, a more fanciful story of how the town received its name is popular. According to that tale, in the days following the land run, some enterprising settlers decided to set up a chuckwagon and cook for their fellow pioneers, hanging a sign that read "DINE". Some other, more free-spirited settlers, turned that sign backward to read, of course, "ENID". The name stuck.

During the opening of the Cherokee Outlet in the Land Run of 1893, Enid was the location of a land office which is now preserved in its Humphrey Heritage Village, part of the Cherokee Strip Regional Heritage Center.

The Enid-Pond Creek Railroad War ensued when the Department of the Interior moved the government site 3 mi south of the station prior to the land run, which was then called South Enid. During the run, due to the Rock Island's refusal to stop, people leaped from the trains to stake their claim in the government-endorsed site. By the afternoon of the run, Enid's population was estimated at 12,000 people located in the 80-acres comprising the town. A year later, the population was estimated at 4,410, growing to 10,087 by 1907, the year of Oklahoma statehood.

Vance Air Force Base was opened in 1941 and briefly closed down in 1947. On July 9, 1949, the base was renamed for Lieutenant Colonel Leon R. Vance, USAAF, an Enid native who was awarded the Medal of Honor in World War II.

Enid had eight National Banks chartered during the Bank Note Era, and four of those banks issued National Bank Notes.

Bank History

  • Organized Nov 3, 1909
  • Chartered Nov 20, 1909
  • Conversion of the Enid State Guaranty Bank, Enid, Okla.
  • Absorbed 11584 Dec 20, 1929 (American NB (No Issue), Enid, OK)
  • Bank was Open past 1935
  • For Bank History after 1935 see FDIC Bank History website
  • Failed. Closed with government assistance Nov 6, 1986

Thomas P. Kane, deputy acting comptroller of the currency authorized the First National Bank of Enid to commence the business of banking on November 20, 1909 with capital of $100,000. S.T. Goltry, was president.

On January 3, 1910, Sherman T. Goltry, president of the bank disposed of practically all of his interests to H.H. Champlin as did Charles W. Goltry, U.M. Goltry and S.W. Johnson. S.T. Goltry retired and Mr. Champlin took his place as president. John Cook retained his position and interests as cashier. The bank deal included the purchase of the Champlin building near the northeast corner of the square by S.T. Goltry. The building was leased for ten years to a hardware firm at $500/month. The First National bank had been under the control and management of the Goltrys for nearly nine years. It was started in 1895 by Mr. Champlin under the name of the Enid State bank. Mr. Champlin operated it and then sold to John Murphy who nationalized it as the First National Bank, Charter 5335. Mr. Murphy operated the bank for about 2 years before selling to the Goltrys. During the Spring of 1909, the First National was changed to a state bank, operating under the name of the Enid State Guaranty bank. Shortly after the failure of the Columbia Trust Company of Oklahoma City, the national charter was again resumed. All the old directors of the bank remained on the new board until the Goltry's sold out to Mr. Champlin in 1910. Mr. Champlin was a pioneer of Enid, operating businesses since the city was founded. Officers elected on January 12, 1910 were H.H. Champlin, president; S.T. Goltry, vice president, John P. Cook, cashier; J.N. Smith, assistant cashier. The directors were E.B. Weatherly, H.H. Champlin, C.E. Gannon, S.T. Goltry, and John P. Cook.

In 1929 the American National Bank of Enid was sold to the First National. on April 6, 1933, T.E. Vessels was fined $3500 by U.S. District Judge Edgar S. Vaught when he pleaded guilty to five charges of violating the national banking act while he was liquidating agent of the American National. No depositor lost money and it was agreed Vessels was convicted on a technicality.

In 1933 all banks in the state had closed as ordered by President Rooselvelt's national bank holiday. Governor Murray of Oklahoma ordered a state banking holiday pending passage of new state banking laws. The First National Bank at Enid and a bank at Douglas remained open. On March 4, 1933, Gov. William H. Murray Murray issued a military order for the National Guard to close the bank and patrol the immediate area.

The liquidation of The First National Bank of Enid set a national record for the number of accounts, 16,000, handled immediately by the Federal Deposit Insurance Corporation (FDIC) in the aftermath of the bank's failure. On November 13, 1986. the Bank of Oklahoma in Tulsa bought the right to manage the trust business for $77,000 which was done by a subsidiary, BancOklahoma Trust Co. Bids were called for by the FDIC for the trust business and three other Oklahoma banks also bid. The FDIC wanted to dispose of trust assets quickly as it was not designed to perform the functions needed by trust departments. Assets of the bank's trust department totaled $51 million. First Interstate Bank of Oklahoma was managing these assets since September in a temporary arrangement with The First National Bank. About 80% of the $100 million in assets were disposed of by November with the bank's furniture and other fixtures going to auction December 12-13, 1986 in Enid.

Official Bank Title(s)

1: The First National Bank of Enid, OK

Bank Note Types Issued

1902 Date Back $10 bank note with penned signatures of J.P. Cook, Cashier and stamped signature of H.H. Champlin, President.
1902 Date Back $10 bank note with penned signatures of J.P. Cook, Cashier and stamped signature of H.H. Champlin, President. Courtesy of Heritage Auctions,
1929 Type 2 $20 bank note with printed signatures of A.F. Butts, Cashier and H.H. Champlin, President.
1929 Type 2 $20 bank note with printed signatures of A.F. Butts, Cashier and H.H. Champlin, President. Courtesy of Heritage Auctions,

A total of $1,448,590 in National Bank Notes was issued by this bank between 1909 and 1986. This consisted of a total of 116,795 notes (90,140 large size and 26,655 small size notes).

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

Series/Type Sheet/Denoms Serial#s Sheet Comments
1902 Date Back 3x10-20 1 - 7700
1902 Plain Back 3x10-20 7701 - 22535
1929 Type 1 6x10 1 - 3128
1929 Type 1 6x20 1 - 754
1929 Type 2 10 1 - 2358
1929 Type 2 20 1 - 1005

Bank Presidents and Cashiers

Bank Presidents and Cashiers during the National Bank Note Era (1909 - 1986):



Other Bank Note Signers

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

Wiki Links


  • Enid, OK, Wikipedia,,_Oklahoma
  • 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),
  • The Enid Events, Enid, OK, Thu., Dec. 30, 1909.
  • The Enid Daily Eagle, Enid, OK, Tue, Jan. 4, 1910.
  • The Enid Daily Eagle, Enid, OK, Wed., Jan. 12, 1910.
  • The Enid Daily Eagle, Enid, OK, Thu., Jan. 20, 1910.
  • Hennessey Clipper, Hennessey, OK, Thu., Mar. 9, 1933.
  • The Cushing Daily Citizen, Cushing, OK, Thu., Apr. 7, 1933.
  • The Daily Oklahoman, Oklahoma City, OK, Fri., Nov. 14, 1986.
  • The Daily Oklahoman, Oklahoma City, OK, Fri., Nov. 22, 1986.