The First National Bank of Worland, Wyoming

The First National Bank of Worland, Wyoming

The First National Bank of Worland, Wyoming opened in 1906 in Washakie County.  It was the only bank in Worland to ever nationalize during the currency issuing era.  It was also the only bank in Washakie County to ever nationalize.  These “only” attributes mean it is a desirable bank.  Its charter number is 8253.

The First National Bank of Worland was open for about sixteen and a half years.  Despite this rather long existence, the bank only issued about $100,000 worth of currency.  Today the claim to fame for The First National Bank of Worland is that it was the first national bank to have a national bank it issued sell for more than the bank’s original capital.  That means that a single note the bank printed was worth more than the entire equity of the bank when it was organized.  This is staggering to think about.  In 1996 the first note the bank issued sold for $25,300.  In 1906 the bank was chartered with a capital of $25,000.  The note that sold at auction was special, and certainly not every note from Worland would command such a price.

The first president of The First National Bank of Worland was Ira Eugene Jones.  The first cashier was Herman B Gates.

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