Bank of Florence
The Bank of Florence was a wildcat bank located at 8502 North 30th Street in Florence. After originally opening in the 1850s, it closed and reopened in 1904. Today the building that housed the bank is on the National Register of Historic Places, and is the oldest building in Omaha.[1]
[edit] About
The Town of Florence was founded on the ruins of Winter Quarters, with dozens of small buildings still intact from the early Mormon pioneer settlement. The town was a speculator's dream, and quickly built.[2]
The Bank of Florence was built as a wildcat bank for speculators to make an easy profit. When the Panic of 1857 hit, thousands of local townspeople and area farmers were financially drained.[3] The building reopened as the Second Bank of Florence in 1904, and was restored as a landmark in the 1980s.
[edit] References
- ↑ Bank of Florence City of Omaha website.
- ↑ Reeves, R. (n.d.) "Douglas County History". University of Nebraska.
- ↑ Bristow, D. (1997) A Dirty, Wicked Town: Tale of 19th Century Omaha. Caxton Press.
[edit] External Links
- A photo of a dollar issued by the Bank of Florence from Smithsonian Institute National Museum of American History.
- History of the Bank of Florence Historic Florence website. An exhaustive detailing of the bank's history.
- James Monroe Parker Historic Florence website. Founding manager of the Bank of Florence.
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