Although the
Greeley National Bank was founded in 1890 it traces its history
to back to the founding of the Union Colony. In an article in the
October 28, 1909 Greeley Tribune "Old-Time Reminiscences" by Henry
T. West, a member of the locating committee, said; "The next trouble
was banking facilities, there being no bank nearer than Cheyenne,
54 miles, and Denver, 52 miles away. Although it was my intention
to go into the cattle business, I was induced to open a bank, which
I did May 12, 1870, under the name of H. T. West and Co., doing
business under this name until Dr. Charles Emerson and Charles G.
Buckingham arrived with the intention of doing a banking business
and we united (November 1870) and did business for years under the
firm name of Emerson, West and Buckingham."
This
letter head was furnished by C. E. Buckingham, President of the
National State Bank of Boulder and nephew of the C. Buckingham named
in the letter head. C. Buckingham later became the founder of the
Buckingham Brothers Bank with Water Buckingham, the father of C.
E. Buckingham, at Longmont, and also became founder of the National
State Bank of Boulder, of which he remained president for 50 years.
The Greeley firm was know as Emerson-West and Buckingham Bank that
was the first bank in Greeley and was the antecedent of the Greeley
National Bank. From the Archives City of Greeley Museums
This check drawn on Emerson-West
and Buckingham Bankers was signed by Nathan Meeker, Greeley's founder.
Charles Buckingham
moved to Boulder in 1874 to enter a new banking house with the Prince
of Buckingham, Walter. He sold his interest in the Greeley bank
to his partners who operated under the name Emerson and West, Bankers.
In 1875 West
sold his interest in the bank to his son George to go into the coal
mining business with his relatives the Canfields, who owned the
Rob-Roy coal mine near Erie, Weld County, Colorado. Hunter bought
out Emerson in 1881. In 1886 Hunter and West vacated the original
bank building that was one of the first buildings erected in Greeley
in the summer and fall of 1870. He then moves to new offices at
the corner of the first floor of the Opera House block.
The Hunter and
West Bank failed and was closed December 26, 1890 and B. D. Sandobrn
was appointed assignee. Claims to the amount of $39,040.46 were
allowed and dividend allowed was 8 per cent.
Greeley National
Bank was founded in 1890, as The Hunter and West Bank was going
broke. The Greeley National Bank moved into the quarters formerly
occupied by Hunter and West in 1891.
The December 9, 1897 Greeley
Tribune lists the Greeley National Bank Capital at $65,000 and the
bank officers as J. L. Bush, president, and C. H. Wheeler. Cashier.
A picture of their offices built previously occupied by the Hunter
and West Bank is shown in the Opera House building.
The
Greeley National Bank Building corner offices in Opera Building
(1897).
National Bank notes from the Greeley National Bank are listed as
very scarce (14 large Charter #4437 Greeley National Bank notes
are listed in Don Kelly's 4th edition of National Bank Notes).
I have only seen 5 of the known 14 serial numbered notes that came
up for auction in the past 8 years, (1997-2005)The bank issued $10
and $20 notes from the second charter, both brown back and date
backs. It also issued $10 and $20 notes from the third charter blue
seal notes, both date back and plain backs.
Greeley National Bank Third Charter $10, plain back.
Signed by T. C. Phillips, president and L. B. Carrel, cashier.
Known Notes National Bank Notes,
CD 3.0 |
|
Date |
Type |
Grade |
Serial No. |
$10 |
1882 |
BB |
F |
2328 |
$20 |
1882 |
BB |
F |
824 |
$10 |
1902 |
DB |
F |
3132 |
$10 |
1902 |
PB |
F/VF |
4078 |
$10 |
1902 |
PB |
F |
8642 |
$10 |
1902 |
PB |
VF+ |
11143 |
$10 |
1902 |
PB |
F |
12357 |
$10 |
1902 |
PB |
VF |
12968 |
$10 |
1902 |
PB |
F |
13109 |
$10 |
1902 |
PB |
VG |
16202 |
$20 |
1902 |
PB |
VF |
5154 |
$20 |
1902 |
PB |
VF |
6852 |
$20 |
1902 |
PB |
F |
9068 |
$20 |
1902 |
PB |
F/VF |
12357 |
|
Greeley National Bank |
President |
Dates |
Brainard D. Harper |
1890 - ? |
J. L. Bush |
was president 1897 |
T. C. Phillips |
? - 1923 |
|
|
Cashier |
Dates |
Brainard D. Harper |
? - ? |
C. H. Wheeler |
was cashier 1897 |
L. B. Carrel |
? - 1923 |
|
On March 22,
1926 the Union National Bank and the Greeley National Bank merged.
The merged bank, The Greeley Union National Bank, Greeley, retained
the Greeley National Bank charter #4437.
|