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New Carlisle Banks

Section 71 of 91 in the New Carlisle record · 6 entry pages

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Banks

A private bank kept by the town's first merchant family ran from the 1870s; a hardware firm's private bank succeeded it in 1897 and took a national charter in 1900; that bank — the town's only chartered institution, ever — survived the Depression licensed, and was absorbed by a South Bend bank in December 1963, its office continuing as a branch. The town has banked through other cities' institutions ever since, and today through 1st Source Bank of South Bend at 848 West Michigan Street. Every claim in this section carries its instrument: headquarters, branch, or none, tested — including the trap, tested and dispelled below, of the thriving "New Carlisle" savings bank that is headquartered in Ohio.

The first bank — Service and Son, private bankers

BY 1876–AFTER 1880 · PRIVATE BANK

The town's first bank was its first store, grown old. Chapman, writing in 1880, gives the house in two sketches: J. H. Service "kept store in New Carlisle 30 years... the last four years he has followed banking," and his son…

The First National Bank of New Carlisle, 1900–1963

1900–1963 · THE TOWN'S ONLY CHARTER

The Brummitt brothers banked privately for three years and then took the town's one national charter. The firm's biography gives the course whole: the private bank was "established in the spring of 1897" in the Brummitt hardware…

The Depression test, and the end — absorbed, December 1963

1929–1963 · FAILURE RECORD TESTED

The town's bank did not fail in the Depression; it was bought, thirty years later, in good order. The failure record first, because the checklist requires it whole: the Federal Reserve Bank of Chicago's lists of licensed banks…

Today's office — 1st Source Bank, and the succession that is not yet proven

1963–2026 · BRANCH BANKING

The office at 848 West Michigan Street is open, staffed, and South Bend's. 1st Source Bank's own locations record gives the present state whole: the New Carlisle Banking Center, 848 West Michigan Street, New Carlisle, IN 46552…

The wrong-city trap, tested and dispelled — "New Carlisle Federal Savings Bank"

THE FOUR DOORS · OHIO

A federally chartered savings bank named New Carlisle exists, is sound, and is not this town's. The New Carlisle Federal Savings Bank — a federally chartered mutual, founded 1883, OCC charter 703043, with CRA performance…

The bank buildings as buildings

item 10 — cross-referenced to Architecture, whose pass is the settler

The banks leg's buildings stand at site-succession strength and no higher: the Service store's frame building "on the site the First National Bank afterward occupied," and the 2022 survey's "longtime bank building" sighting, are…

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Source: New Carlisle Banks, Moosed History by Project Moosed, https://history.projectmoosed.com/usa/midwest/indiana/new-carlisle/banks/