Bank of Florence Museum

Summary

The Bank of Florence was a wildcat bank located in Florence, Nebraska Territory. It originally operated for three years in the 1850s, and another bank adopted the name and location in 1904. Today the building that housed the bank is the Bank of Florence Museum. It is listed on the National Register of Historic Places, and is the oldest building in Omaha, Nebraska.[2]

Bank of Florence
Bank of Florence Museum is located in Nebraska
Bank of Florence Museum
Bank of Florence Museum is located in the United States
Bank of Florence Museum
Location8502 North 30th Street,
Omaha, Nebraska
Coordinates41°20′14.72″N 95°57′38.01″W / 41.3374222°N 95.9605583°W / 41.3374222; -95.9605583
Built1856
Architectural styleGreek Revival
NRHP reference No.69000130 [1]
Significant dates
Added to NRHPOctober 15, 1969
Designated OMALOctober 14, 1980[2]

History edit

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. A speculator's dream, the town was quickly built.[3]

The Bank of Florence was built as a wildcat bank for speculators to make an easy profit. Many of the early investors included members of the land company that founded the nearby town of Saratoga, as well as businessmen from around the local area. When the Panic of 1857 hit, many local townspeople and farmers were financially drained.[4]

The building reopened as the Second Bank of Florence in 1904, and was restored as a landmark in the 1980s.

Today the building has been turned into a museum, which is owned and operated by the Florence Historical Foundation. Visitors can view the main bank floor, the vault, the rooms upstairs that served as the home of the original bank manager, and a restored Florence Telephone Company switchboard. The bank is open on Saturdays and Sundays 11AM-3PM from May through August and on special event days. Tours on other days can be arranged by appointment.

See also edit

References edit

  1. ^ "National Register Information System". National Register of Historic Places. National Park Service. January 23, 2007.
  2. ^ a b "Landmarks Heritage Preservation Commission – Landmarks". Omaha Landmarks Heritage Preservation Commission. Archived from the original on October 16, 2013. Retrieved March 4, 2013.
  3. ^ Reeves, R. (n.d.) "Douglas County History" Archived July 20, 2011, at the Wayback Machine, University of Nebraska
  4. ^ Bristow, D. (1997) A Dirty, Wicked Town: Tale of 19th Century Omaha, Caxton Press.

External links edit

  • Bank of Florence - a.k.a. The Florence "Wildcat" Bank - Historic Florence, includes history and visitation details
  • A photo of a dollar bill issued by the Bank of Florence from the Smithsonian Institution's National Museum of American History.
  • James Monroe Parker Historic Florence website. Founding manager of the Bank of Florence.