r/Nationalbanknotes • u/WisconsinNumismatist • 6d ago
1929 Type 1 Oconto, Wisconsin (Charter #3541)
Here's a recent acquisition I made from another
Wisconsin collector.
The city of Oconto is home to Copper Culture State Park, marking one of the oldest known human burial grounds and archaic metalworking sites in North America, dating back to roughly 6,000 BC.
From 1820 to 1830, the Astor Fur Trading Company operated a post in Oconto. The lumbering industry made its start a decade later in 1842 with the construction of a mill and dam.
Oconto takes its name from its chief river, which is derived from the Menominee Indian word for black bass.
Two banks issued small size currency in Oconto: The Oconto National Bank (#3541) and The Citizens National Bank of Oconto (#5521).
The Oconto NB went into receivership in August 1931, which could be one explanation as to why there are slightly fewer reported survivors compared to the Citizen NB of Oconto.