The Farmers and Merchants National Bank of Reno, Nevada

The Farmers and Merchants National Bank of Reno, Nevada

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Charter: 7038                           

Year Opened: 1903

    On July 25th, 2008 a tremendous banking success came to an end.  On that date The First National Bank of Nevada was closed by the FDIC.  It wasn’t technically the first national bank in Nevada, but since 1932 it has been the most important.  In December of 1932 only The First National Bank in Reno, formerly known as The Farmers and Merchants National Bank of Reno, was allowed to operate during the state mandated bank holiday.  The Bank has had a few name changes since it opened its doors in 1902 as a state bank.

1.            The Farmers & Merchants NB of Reno 1903
2.            The First National Bank in Reno 1929
3.            The FNB of Nevada of Reno 1934

    For years collectors have been able to add a banknote from Nevada to their collection thanks to this bank.  It issued 1902 red seals and blue seals along with thousands of 1929 small-size specimens.   There are around 150 1902 examples known from this bank and close to 100 small-size.  However, don’t discount all of Reno’s notes as easy to come by.  Red seals from this institution are still rare.

First President: Richard Kirman
First Cashier: W.J. Harris

Other people associated with the bank: Linus Dolley, L.R. Mudd, C.F Wente, Fred Grob, A.J. Caton, L.S. Reese

The Farmers & Merchants National Bank of Reno

Rarity

Type

10

-

9

-

8

-

7

-

6

-

5

-

4

1902 Red Seal

3

-

2

1902 Blue Seal

1

1929 Small Size

Rarity based on state
10 being rarest

Most currency from
Nevada can be rare.
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