The Greeley National Bank and the Union National Bank merged on March 22, 1926 to form the Greeley Union National Bank. T. C. Phillips of the Union National Bank became president of the newly formed bank that then had over $2 million in deposits. Because of growth, it became necessary to enlarge the banking quarters in 1928.

$10 Greeley Union National Bank 1902 PB

$10 Greeley Union National Bank 1929 T-1, signed by T. C. Phillips & W. H. Barber

Notes from the Greeley Union National Bank are listed as scarce (16 notes known) for large notes and very common (97 notes known) for small notes. There are 11 $10 and 15 $20 notes known. The remainder are $5s most of which are CU. The Greeley Union National Bank issued $10 and $20 third charter plain bank blue seal large size notes and type one 1929 $5, $10 and $20 small size notes.

W. D. Farr a board member and stock holder recalled in a Greeley Tribune article of 8/26/1984, he and his son were feeding sheep in 1933 when the Greeley Union, like all banks across the land took a 10 day banking holiday at President Roosevelt's executive order. Though it reopened after the banking holiday it reorganized less than a year later. None of the depositors, Farr recalled with pride lost a dime in the reshuffling. The Greeley Union National Bank was placed in voluntary liquidation on February 14, 1934. It was succeeded by the Greeley National Bank charter #13928 who assumed responsibility for the outstanding currency: $10,885 large size notes and $164,115 small size notes from banks chartered #4437, #7606, and #10038.