The First National Bank of Steamboat Springs, Colorado

The First National Bank of Steamboat Springs, Colorado

The First National Bank of Steamboat Springs, Colorado is not the rarest bank in the state but it is one of the most popular. Its popularity stems from its location.  Steamboat Springs has been a skiing destination for the better part of a century.  Its status as a resort locale means that the town appeals not just to Colorado collectors, but to anyone who has spent a vacation weekend in Steamboat Springs.

The First National Bank of Steamboat Springs was founded in 1902 by two brothers from Maine. Abel Monroe Merrill was listed as the bank’s first president in the 1903 Office of the Comptroller of Currency Report.  Charles Aaron Van Dorn was listed as the first cashier.  This order held true in 1904 as well.  In 1905 AM Merrill was listed as the bank’s cashier and his brother Marcellus Samuel Merrill was the president.  The role of cashier and president of the bank saw a lot of turnover during the bank’s twenty-nine year existence.  However, due to the fact that no serial number one notes or exceptionally high grade notes are known, it appears that none of the signers saved any bank notes.
The First National Bank of Steamboat Springs issued three types of currency, 1902 red and blue seals, and 1929 small size notes.  The best of the four notes known to exist from the bank is a red seal that was found in an abandoned safe deposit box.

If you have any currency from The First National Bank of Steamboat Springs, 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.