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National Bank Notes > North Dakota

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Willow City, First NB, W6766
Fr. 624 $10 1902PB
Grade: PMG VF 20    

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This was the earlier of the town's two national banks. It was organized on April 18, 1903 and during the ensuing 20 years they printed 3,121 sheets of Red and Blue Seals. No Red Seals are known. The bank was placed into receivership on July 12, 1923. This is a pleasing, evenly circulated note with officer signatures of F.M. Rich, President and an indistinguishable cashier's. Willow City is located in Bottineau County in north-central North Dakota; the population was 163 at the 2010 census. Located on the Great Northern Railroad, the settlement was founded in 1884 as Bennett. Within a month, it was renamed McRae for Roderick McRae, who became the Postmaster when the post office was established November 10, 1886. On November 9, 1889 the name was changed to Willow City by new Postmaster Charles O. Romansen, who chose it for the willows that grow along the banks of the creeks running through the community. The village incorporated in 1890, and it became a city in 1906 with Peter E. Sandlie as mayor. Willow City reached its peak population of 623 in 1910.

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