In 1937, the Highland Park State Bank converted to the First National Bank of Highland Park. Founded as Highland Park Bank in 1899 and incorporated as Highland Park State Bank in 1904, Highland Park State Bank merged with Highland Park Trust and Savings Bank in 1923. Highland Park Trust and Savings Bank was created in 1916 after the the death of David M Erskine, who founded D. M. Erskine Bank in 1899.
The Banker’s Magazine, Vol. 59, notes two banks were opened in Highland Park in late 1899, the D. M. [David McMichan] Erskine Bank and the Highland Park Bank (incorporated as Highland Park State Bank in 1904), the first official banks in the young community. The eponymous Erskine Bank evolved from multiple ventures of David Erksine.
Born on the Isle of Antiqua, West Indies in 1851, Erskine founded a Highland Park real estate business circa 1874. He rapidly expanded his business ventures, including a newspaper and private loans and investment services. He also became active in local government and civic activities. Erskine advocated for the city’s water works structure, culminating in Highland Park’s Water Ordinance of 1916. He served as mayor of Highland Park 1891-1893.
Erskine’s name remains strongly associated with the historic building with the post clock at the northeast corner of Central and Saint Johns Avenues in Highland Park. Erskine built the Erskine Bank Building with two vaults in 1907 after purchasing and demolishing the original structure, called the McDonald Building, which had been built by the Highland Park Building Company. Erksine had moved his banking offices there in 1900.
The D. M. Erskine Bank shut its doors after Erskine’s death October 26, 1916 and never reopened. His widow, Maud Erskine, assured depositors relief and access to their funds from the enterprise’s quarter million dollars in assets. She soon sold the building, and the newly organized Highland Park Trust and Savings Bank opened in the building’s banking rooms by the end of November 1916. Erskine’s nephew Raymond Erskine served as assistant cashier and an officer of the bank. He served as an officer of the bank until his retirement in 1966.
In 1923, Highland Park Trust and Savings Bank merged with the Highland Park State Bank and the post clock was added during renovations in early 1924.
Highland Park State Bank survived the crises of 1929 and the Great Depression and converted to First National Bank of Highland Park in 1937.
By 1985, the First National Bank of Highland Park was a subsidiary of Citizens Financial Corporation, a Highland Park enterprise later renamed USAmericabancs Incorporated. NBD Bankcorp (National Bank of Detroit) moved to acquire USAmericabancs in late 1986 resulting in a new name for the longtime Highland Park Bank. NBD continued the merging trend; joining First Chicago NBD and Bank One respectively. JP Morgan Chase & Company is now the bank on the corner after Chase’s 2004 purchase of Bank One.
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Records, notes and recollections, images regarding first banks in Highland Park. Includes histories and merger information.
Chiefly created and donated by Raymond Erskine with Robert G Robinson and Henry X Arenberg.
None known.
Copyright transferred to Highland Park Historical Society.
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This file contains documents related to the history of the Erskine bank and other local banks. The file contains statements, correspondance, handwritten notes, newspaper articles, and papers about the history of the Erskine bank. The file spans from 1899-1944.
The folder is in overall fair to good condition.
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This file contains photographs of the First National Bank of Highland Park. The photographs show the bank office, vault, teller window, Christmas parties and views of the building from the outside. The photos span from the early to mid 1950s to the mid 1960s.
File contents is in fair to good condition.
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This file contains photographs of the First national Bank of Highland park from the 1950s. The photos show the bank offices, interior remodeling, bank vault, office parties and the board of directors.
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File contains photographs of the First National Bank of Highland Park Board of Directors. Photographs include portraits of: M. Appel, Raymond Erskine, John A. Bunnell, Martin Insull, Ward W. Willets, Marshall E. Sampsell, A.C. Morgan, Charles Grant, and Morton Mavor.
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Staff holiday.
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This file contains materials related to NBD Highland Park Bank. The file contains newspapers articles from the mid to late 1980s regarding the preservation and remodelingplan of the bank. These articles are undated. There are also several photographs of the outside of the bank on the the corner of Central Ave. and St. John from 1991.
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This file contains the Examiner's Report of the condition of the First National Bank in Highland Park from February, 1949.
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This file contains materials related the First National Bank of Highland Park. The file contains newspaper articles, annual reports, cancelled checks, an address book, and copies of photographs of the board of directors and staff holiday party. The file ranges from 1899-1970.
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File contains pamphlets, an annual report, the President's report, old checks, a newspaper article, and photo negatives all relating to the First National Bank of Highland Park. The materials date from 1943-1973.
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This file contains a photo of the bank staff from 1959 and an Annual Report pamphlet from 1968.In addition it also contains photos from the First National Bank Field Day at Ravinia, Sept., 1914, a photo of the lobby from the 1963 bank remodeling, and various street views of the corner of St. Johns and Central, including one from 1885. There is also a photo negative of the streetview of the bank. There is also a "Statement of Condition" pamphlet from 1949.
Processing Information note This folder contains oversize materials. it also contains materials that were loose on the bottom of the box.
In 1937, the Highland Park State Bank converted to the First National Bank of Highland Park. Founded as Highland Park Bank in 1899 and incorporated as Highland Park State Bank in 1904, Highland Park State Bank merged with Highland Park Trust and Savings Bank in 1923. Highland Park Trust and Savings Bank was created in 1916 after the the death of David M Erskine, who founded D. M. Erskine Bank in 1899.
The Banker’s Magazine, Vol. 59, notes two banks were opened in Highland Park in late 1899, the D. M. [David McMichan] Erskine Bank and the Highland Park Bank (incorporated as Highland Park State Bank in 1904), the first official banks in the young community. The eponymous Erskine Bank evolved from multiple ventures of David Erksine.
Born on the Isle of Antiqua, West Indies in 1851, Erskine founded a Highland Park real estate business circa 1874. He rapidly expanded his business ventures, including a newspaper and private loans and investment services. He also became active in local government and civic activities. Erskine advocated for the city’s water works structure, culminating in Highland Park’s Water Ordinance of 1916. He served as mayor of Highland Park 1891-1893.
Erskine’s name remains strongly associated with the historic building with the post clock at the northeast corner of Central and Saint Johns Avenues in Highland Park. Erskine built the Erskine Bank Building with two vaults in 1907 after purchasing and demolishing the original structure, called the McDonald Building, which had been built by the Highland Park Building Company. Erksine had moved his banking offices there in 1900.
The D. M. Erskine Bank shut its doors after Erskine’s death October 26, 1916 and never reopened. His widow, Maud Erskine, assured depositors relief and access to their funds from the enterprise’s quarter million dollars in assets. She soon sold the building, and the newly organized Highland Park Trust and Savings Bank opened in the building’s banking rooms by the end of November 1916. Erskine’s nephew Raymond Erskine served as assistant cashier and an officer of the bank. He served as an officer of the bank until his retirement in 1966.
In 1923, Highland Park Trust and Savings Bank merged with the Highland Park State Bank and the post clock was added during renovations in early 1924.
Highland Park State Bank survived the crises of 1929 and the Great Depression and converted to First National Bank of Highland Park in 1937.
By 1985, the First National Bank of Highland Park was a subsidiary of Citizens Financial Corporation, a Highland Park enterprise later renamed USAmericabancs Incorporated. NBD Bankcorp (National Bank of Detroit) moved to acquire USAmericabancs in late 1986 resulting in a new name for the longtime Highland Park Bank. NBD continued the merging trend; joining First Chicago NBD and Bank One respectively. JP Morgan Chase & Company is now the bank on the corner after Chase’s 2004 purchase of Bank One.
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Bound volume of stock certificates from the Chicago Ave Building. Inc [Evanston, Illinois] issued through and to the First National Bank of Highland Park . Includes names of stockholders and their shares, correspondance with stockholders and their representatives.
Unknown.
None.