Minot Memories is a blog that pertains to the city of Minot, ND. It is brief glimpses of people, places, things and events of Minot's past that will provide some insight into the history of Minot. This photo Main Street looking south from the railroad tracks about 1940
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Wednesday, November 21, 2012
1st National Bank - Brief History
1st National Bank was originally known as
the Great Northern Bank when it was established in 1897. The building was
constructed of brick made in a brickyard just west of Minot. This building
stood until it was demolished in 1929 to make room for the new building. The
bank was name the Great Northern Bank in honor of Jim Hill who was a close
friend of Joseph Roach, one of the founders of the bank. Later the name was
changed to the 2nd national Bank and eventually to the 1st
national Bank. In 1887 the Bank of Minot was formed and eventually became the 1st
National Bank. In the early 1900’s there were two banks chartered under the
name of the 1st National Bank. Both of these failed, hence the name
2nd National Bank for a period of time. No affiliation with the
failed banks was wanted. In the early days, trees were planted in the boulevard
to the south of the bank. They grew to be quite tall before they were cut down
due to the paving of the streets.
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