Minnesota Bank Note History

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Featured Bank Note: $1 Obsolete issued by the Central Bank of New Ulm, MN signed by Henry M. Knox, Cashier (1859-1861) and John Jay Knox, President (1859-1861).

The Minnesota Bank Note History home page consolidates historical information on the National & Obsolete Banks, Bankers and Banking History of Minnesota.

Minnesota County home pages

County Bank Note History home pages provide information on the Banks, Bankers and Bank Notes for that county during the National Bank Note Era (1863-1935), and also the Obsolete Bank Note Era (1782-1866) (if applicable for that county). All of the county's National & Obsolete Banks are listed with links to their Bank History pages. Prominent Bankers are also listed, with links to their Banker Bio pages. Several Bank Notes are featured, as well as bank postcards and other bank related ephemera.

If you have a local County Historical Society/Museum, they may be interested in adding a link on their website to their County's Bank Note History home page in our wiki.

The following Minnesota counties have a home page set up:

Mille Lacs County * Morrison County * Murray County * Olmsted County * Pipestone County * Wabasha County * Winona County

What's New in Minnesota Bank Note History

Minnesota National Bank Stats & Graphs

  • # Issuing Banks: 434
  • # Non-Issuing Banks: 50
  • # Small Size Issuers: 248
  • # Territorial Banks: 0
  • # Towns with Issuing Banks: 270
  • # Counties with Issuing Banks: 86
  • NBN Geo. Letter: M
  • State Capital: Saint Paul
  • Statehood Date: May 11, 1858
  • Minnesota National Bank Graphs & Lists
    • # of MN National Banks Chartered By Year
    • # of MN National Bank Failures (Receivership) By Year
    • # of MN National Bank Closures (Receivership/Liquidation/Closed) By Year
    • # of MN National Banks In Operation By Year
    • List of 40 MN National Banks with Lowest # of Notes Issued

Famous Minnesota Banks & Bankers

MN Obsolete to National Bank Conversions

Minnesota had 10 Obsolete Banks that converted to National Banks between 1864 and 1865.

Minnesota Obsolete to National Bank Conversions

Minnesota Bank History Index

The Minnesota Bank Histories are organized by Town, then by Bank CharterDate/OpenDate. To find the Bank you are looking for, select from the following Index list, which is based on the Town name.

Minnesota (Minneapolis,Saint Paul) –– Minnesota (A-H) –– Minnesota (I-P) –– Minnesota (Q-Z)

Banker Biography Index

The Banker Bios are organized alphabetically by Last Name. To find the Banker you are looking for, select from the following Index list (which includes Bankers from All States).

Banker Bio Index

Minnesota Banking History

(This could be a brief overview here, or link to a separate page, for MN Banking History, covering both the Obsolete and National Bank Note Eras).

Minnesota Research Resources

  • R. Shawn Hewitt, A History & Catalog of Minnesota Obsolete Bank Notes & Scrip (New York: Smythe, 2006).
  • The Higgins Museum in Okoboji, IA has a Currency Related Research Library, as well as major collections of Iowa, Minnesota, South Dakota and Nebraska National Bank Notes on display.
  • 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).
  • The National Bank Note Census, nbncensus.com
  • OCC Annual Reports 1863 – 1935 (U.S. Treasury Dept: Office of the Comptroller of the Currency).
(The OCC Annual Reports are available online at the Currency Club of Chester County (PA) website).
  • The Bankers Magazine 1846 – 1922 (New York: various publishers over the years).
(The Bankers Magazine volumes are available online at the Currency Club of Chester County (PA) website).
  • Rand McNally Banker's Directories 1879 – 1935 (Chicago: Rand McNally & Company).
  • Polk's Banker's Encyclopedias 1895 – 1935 (Detroit and New York: Polk Bankers Encyclopedia Co.).
  • James A. Haxby, United States Obsolete Bank Notes 1782-1866 (4 volumes) (Iola, WI: Krause Publications, 1988).
  • Paper Money Journal, 1962-present (Published by the Society of Paper Money Collectors, spmc.org). Many articles over the years about the history of National & Obsolete Banks and Bankers. An archive of all back issues with search capabilities is online for SPMC members on the spmc.org website.
  • Minnesota State Historical Society website.
  • FDIC, Bank Find History website. https://research2.fdic.gov/bankfind/index.html
  • Ancestry.com, Findagrave.com and Newspapers.com