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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 George H. Service stands in the same volume as "banker, merchant and grain-dealer" outright. The society's own telling, carried by Historic New Carlisle, names the firm Service and Son Bank and seats it with the dry-goods store in a frame building on the site the First National Bank afterward occupied, with George taking the store in 1867 as Jeremiah turned to banking. Print the two at their joint strength: a private, unincorporated bank in the Service store by the late 1870s, father and son both in the business by 1880, its exact opening year and its closing unrecorded in any source — the run between Service and Son and the Brummitt bank of 1897 is a named gap (GAP-NC3-BANK-1), settler the county histories' later editions and the Gazette's first years.
Sources:
- Chapman (1880), J. H. Service and George H. Service sketches, Olive Township chapter. Read first-hand.
- Historic New Carlisle, history of the Service house, via January 2018 reprint: the Service and Son Bank name, the frame building, the site succession. Secondary strength, carrier named.