The First National Bank of Saratoga, Wyoming

The First National Bank of Saratoga, Wyoming

The First National Bank of Saratoga, Wyoming opened in 1907 in Carbon County.  It was the only bank in Saratoga to ever nationalize.  Odds are The First National Bank should never have nationalized.  It was only open for 30 months.  Today the town of Saratoga has less than 2,000 residents; it is hard to believe it ever had the population to support a national bank.  Its charter number is 8961.

During the short time The First National Bank of Saratoga was open it did manage to issue $13,400 worth of currency.  It is safe to assume that the bank had the minimum circulation of $6,250.  The bank issued one thousand red seals and 340 1902 blue seals.  No notes have survived through natural channels.  However, a sheet of currency does exist.  The American Numismatic Association was given a sheet of 1902 red seals from The First National Bank of Saratoga.  The donation came from the Bebees.  The sheet is from the 1902 red seal issue and each note has the serial number two.  This item was obviously saved by someone at the bank on the first day it received its shipment of currency.  The way by which it left the original owner and made it to the Bebees is unknown.  It is interested to note that The First National Bank of Saratoga only issued ten dollar bills.

The first president of The First National Bank of Saratoga was Isaac Carson Miller.  The first Office of the Comptroller of Currency report lists WH Wickham as cashier.  However, thanks to the second sheet of currency being saved, we know that Gustave Jensen signed as cashier very early at the bank.  He was probably just not at the bank long enough to make an OCC report.

If you have any currency from The First National Bank of Saratoga, please tell us about it.  We are certainly interested parties, and you will likely be very pleased with our appraisal.

Contact me via email:  info@rarenationalcurrency.com, phone: 864-430-4020, or contact form.