National Reserve Bank

National Reserve Bank
Company typePrivate company
IndustryFinancial services
PredecessorsConsolidated National Bank and Oriental Bank
FoundedMarch 8, 1909; 115 years ago (1909-03-08) in New York City, New York, United States
DefunctJanuary 27, 1914 (1914-01-27)
FateAcquired by Mutual Alliance Trust Company on January 27, 1914
HeadquartersManhattan,
New York City
,
United States
ServicesBanking
Not to be confused with Federal reserve bank.

The National Reserve Bank of the City of New York was a New York City bank in that was formed from a merger of Consolidated National Bank and Oriental Bank in 1909 and operated until acquired by the Mutual Alliance Trust Company in 1914.[1]

Deposits of the National Bank Reserve Bank were about $4,352,561 on January 13, 1914[2] and the bank had "a large number of country bank accounts, chiefly in the West and Southwest," handling a large degree of cotton exchange business.[2]

On January 27, 1914, the National Reserve Bank was taken over by the Mutual Alliance Trust Company, operating for a time as the Reserve Branch of the trust company.[2]

  1. ^ Cite error: The named reference nyt-oriental was invoked but never defined (see the help page).
  2. ^ a b c Cite error: The named reference nyt-mutual was invoked but never defined (see the help page).