Industrial Revolution

National Bank Notes: Currency Backed by Government Securities

Although United States Notes were still widely accepted as a medium of exchange, most paper currency circulating between the Civil War and World War I consisted of National Bank Notes. They were issued from 1863 through 1938. National Bank Notes were partly produced by private firms under contract to the Federal government until the Federal government took over all production responsibility in 1877.

+ References

Gallery

National Bank of South Reading, Massachusetts, $2, 1865
National Bank of South Reading, Massachusetts, $2, 1865

National Bank Note: First Charter

National Bank of South Reading, Massachusetts, $2, 1865

Metropolitan National Bank of New York, New York, $50, 1865
Metropolitan National Bank of New York, New York, $50, 1865

National Bank Note: First Charter

Metropolitan National Bank of New York, New York, $50, 1865

Citizens National Bank of Zanesville, Ohio, $100, 1896
Citizens National Bank of Zanesville, Ohio, $100, 1896

National Bank Note: First Charter

Citizens National Bank of Zanesville, Ohio, $100, 1896

Washington National Bank, Massachusetts, $1, 1865
Washington National Bank, Massachusetts, $1, 1865

National Bank Note: First Charter

Washington National Bank, Massachusetts, $1, 1865

Central National Bank, Illinois, $1, 1872
Central National Bank, Illinois, $1, 1872

National Bank Note: First Charter

Central National Bank, Illinois, $1, 1872

First National Bank of Pawtucket, Rhode Island, $2, 1865
First National Bank of Pawtucket, Rhode Island, $2, 1865

National Bank Note: First Charter

First National Bank of Pawtucket, Rhode Island, $2, 1865

First National Bank of Yankton, Territory of Dakota, $5, 1873
First National Bank of Yankton, Territory of Dakota, $5, 1873

National Bank Note: First Charter

First National Bank of Yankton, Territory of Dakota, $5, 1873

First National Bank of Walla Walla, Washington, $5, 1889
First National Bank of Walla Walla, Washington, $5, 1889

National Bank Note: First Charter

First National Bank of Walla Walla, Washington, $5, 1889

Machinists National Bank of Taunton, New Jersey, $10, 1865
Machinists National Bank of Taunton, New Jersey, $10, 1865

National Bank Note: First Charter

Machinists National Bank of Taunton, New Jersey, $10, 1865

Covington City National Bank of Covington, Kentucky, $10, 1877
Covington City National Bank of Covington, Kentucky, $10, 1877

National Bank Note: First Charter

Covington City National Bank of Covington, Kentucky, $10, 1877

Wachovia National Bank of Winston, North Carolina, $20, 1879
Wachovia National Bank of Winston, North Carolina, $20, 1879

National Bank Note: First Charter

Wachovia National Bank of Winston, North Carolina, $20, 1879

Fort Dodge National Bank, Iowa, $20, 1882
Fort Dodge National Bank, Iowa, $20, 1882

National Bank Note: First Charter

Fort Dodge National Bank, Iowa, $20, 1882

National Lafayette Bank of Cincinnati, Ohio, $50, 1884
National Lafayette Bank of Cincinnati, Ohio, $50, 1884

National Bank Note: First Charter

National Lafayette Bank of Cincinnati, Ohio, $50, 1884

National Broadway Bank of New York, New York, $100, 1865
National Broadway Bank of New York, New York, $100, 1865

National Bank Note: First Charter

National Broadway Bank of New York, New York, $100, 1865

First National Bank of Brigham City, Utah, $10, 1901
First National Bank of Brigham City, Utah, $10, 1901

National Bank Note: Second Charter

First National Bank of Brigham City, Utah, $10, 1901

City National Bank of Dallas, Texas, $20, 1900
City National Bank of Dallas, Texas, $20, 1900

National Bank Note: Second Charter

City National Bank of Dallas, Texas, $20, 1900

First National Bank of Albuquerque, New Mexico, $50, 1912
First National Bank of Albuquerque, New Mexico, $50, 1912

National Bank Note: Second Charter

First National Bank of Albuquerque, New Mexico, $50, 1912

Commercial National Bank of High Point, North Carolina, $5, 1891
Commercial National Bank of High Point, North Carolina, $5, 1891

National Bank Note: Second Charter

Commercial National Bank of High Point, North Carolina, $5, 1891

First National Bank of Live Oak, Florida, $5, 1901
First National Bank of Live Oak, Florida, $5, 1901

National Bank Note: Second Charter

First National Bank of Live Oak, Florida, $5, 1901

Crocker-Woolworth National Bank of San Francisco, California, $10, 1886
Crocker-Woolworth National Bank of San Francisco, California, $10, 1886

National Bank Note: Second Charter

Crocker-Woolworth National Bank of San Francisco, California, $10, 1886

Fannin County National Bank of Bonham, Texas, $20, 1898
Fannin County National Bank of Bonham, Texas, $20, 1898

National Bank Note: Second Charter

Fannin County National Bank of Bonham, Texas, $20, 1898

Winters National Bank of Dayton, Ohio, $50, 1901
Winters National Bank of Dayton, Ohio, $50, 1901

National Bank Note: Second Charter

Winters National Bank of Dayton, Ohio, $50, 1901

First National Bank of Elgin, Illinois, $100, 1893
First National Bank of Elgin, Illinois, $100, 1893

National Bank Note: Third Charter

First National Bank of Elgin, Illinois, $100, 1893

First National Bank of Seattle, Washington, $50, 1902
First National Bank of Seattle, Washington, $50, 1902

National Bank Note: Third Charter

First National Bank of Seattle, Washington, $50, 1902

First National Bank of Forest City, Iowa,  $50, 1913
First National Bank of Forest City, Iowa,  $50, 1913

National Bank Note: Third Charter

First National Bank of Forest City, Iowa, $50, 1913

First National Bank of Verden, Oklahoma, $100, 1907
First National Bank of Verden, Oklahoma, $100, 1907

National Bank Note: Third Charter

First National Bank of Verden, Oklahoma, $100, 1907

First National Bank of Ridgeway, Missouri, $20, 1902
First National Bank of Ridgeway, Missouri, $20, 1902

National Bank Note: Third Charter

First National Bank of Ridgeway, Missouri, $20, 1902

First National Bank of Orange, Texas, $50, 1889
First National Bank of Orange, Texas, $50, 1889

National Bank Note: Third Charter

First National Bank of Orange, Texas, $50, 1889

First National Bank of San Francisco, California, $50, 1890
First National Bank of San Francisco, California, $50, 1890

National Bank Note: Third Charter

First National Bank of San Francisco, California, $50, 1890

First National Bank of Fairbury, Ilinois, $100, 1892
First National Bank of Fairbury, Ilinois, $100, 1892

National Bank Note: Third Charter

First National Bank of Fairbury, Ilinois, $100, 1892

Fresno National Bank, Fresno, California, $100, 1908
Fresno National Bank, Fresno, California, $100, 1908

National Bank Note: Third Charter

Fresno National Bank, Fresno, California, $100, 1908

First National Bank of Telluride, Colorado,  $20, 1910
First National Bank of Telluride, Colorado,  $20, 1910

National Bank Note: Third Charter

First National Bank of Telluride, Colorado, $20, 1910