Thursday, January 21, 2010

7591 The First National Bank of YUMA

1905 - Chartered in February with capital of $25,000
1929 - Placed in voluntary liquidation Nov. 20th, capital of $100,000
            Absorbed by The Yuma Valley Bank

Epilogue
1930 - Yuma Valley Bank closed by AZ Superintendent of Banks (6/20)

Circa 1905

 1916 - During a flood

1921 - Postcard

No territorial notes are known from this bank, but eleven from the statehood era are reported as of September, 2019 (Heritage). It is the scarcer of the two Yuma national banks that issued.

Check from 1917










Territorial Issues
Series 1902 - Red Seal
10-10-10-20 #1 - 360 ($18,000)
 10's = 1080
 20's = 360

Series 1902 - Date Backs
10-10-10-20 #1 - 2000 ($100,000)
 10's = 6,000
 20's = 2,000

Total territorial notes issued = 9,440 (Large Only)
Total territorial amount circulation = $118,000

Statehood Issues
Series 1902 - Date Backs
10-10-10-20 #1 - 2040 ($102,000)
 10's = 6120
 20's = 2040

Series 1902 - Plain Backs
10-10-10-20 #2041 - 13672 ($581,600)
 10's = 34,896
 20's = 11,632



Total Statehood Large = 54,688 ($683,600)
Total Territory Large = 9,440 ($118,000)
Grand Total Large = 64,128 ($801,600)

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