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FEDERAL RESERVE
OF

Circular N o . 29

BANK

Series of 1921

DALLAS

Dallas, Texas, May 4, 1921.

CHECKS

ON

C A R O L IN A

C E R TA IN

N O N -M E M B E R

T E M P O R A R IL Y

STATE

UNACCEPTABLE

REVISED

LIST-NO.

BANKS
FOR

IN N O R T H

C O L L E C T IO N .

7

TO THE MEMBER BANK ADDRESSED:
You will find herewith a revised list of plaintiff banks in an injunction suit
against the Federal Reserve Bank of Richmond, which supersedes the list of
banks accompanying our Circular No. 26 of April 27, 1921, entitled “ Checks
on Certain Non-Member State Banks in North Carolina Temporarily Unaccep­
table for Collection.”
As described in that circular we cannot for the present accept for collec­
tion any checks drawn on the banks listed because of a temporary injunction
restraining the Federal Reserve Bank of Richmond from returning as dishon­
ored any checks, drawn upon any one of the banking institutions joining the in­
junction proceedings, which the drawee bank refuses to pay except in exchange
at less than par.
Revised lists will be published and sent to you from time to time as occa­
sion requires.
Very truly yours,

Governor.

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

Aberdeen, N. C.
Aberdeen, N. C.
Andrews, N. C.
Angier, N. C.
Arapahoe, N. C.
Atkinson, N. C.
Avondale, N. C.
Badin, N. C.
Bailey, N. C.
Banners Elk, N. C.
Bayboro, N. C.
Beaufort, N. C.
Belhaven, N. C.
Bennett, N. C.
Bessemer City, N. C.
Biscoe, N. C.
Black Creek, N. C.
Bladenboro, N. C.
Boiling Springs, N. C.
Bonlee, N. C.
Boone, N. C.
Boonville, N. C.
Bostic, N. C.
Broadway, N. C.
Bridgeton, N. C.
Buies Creek, N. C.
Bunn, N. C.
Burlington, N. C.
Burlington, N. C.
Burnsville, N. C.
Candor, N. C.
Carrboro, N. C.
Carthage, N. C.
Carthage, N. C.
Cary, N. C.
Catawba, N. C.
Cerro Gordo, N. C.
Chapel Hill, N. C.
Chapel Hill, N. C.
China Grove, N. C.
Claremont, N. C.
Cleveland, N. C.
Cliffside, N. C.
Clyde, N. C.
Coleraine, N. C.
Coleraine, N. C.
Coleridge, N. C.
Columbus, N. C.
Conover, N. C.
Conway, N. C.
Dallas, N. C.
Danbury, N. C.
Danbury, N. C.
Denton, N. C.
Denver, N. C.
Dover, N. C.
Duke, N. C.
Dunn, N. C.
Dunn, N. C.
Efland, N. C.
Elk Park, N. C.
Ellenboro, N. C.
Ellerbee, N. C.
Ellerbee, N. C.
Elon College, N. C.
Enfield, N. C.

Merchants & Farmers Bank
Page Trust Co.
Merchants and Manufacturers Bank
Angier Bank & Trust Co.
Bank of Pamlico
Bank of Atkinson
The Haynes Bank
Bank of Badin
Bailey Banking Co.
Banners Elk Bank
Bank of Pamlico
Beaufort Banking & Trust Co.
Bank of Belhaven
Bank of Bennett
Bessemer City Bank
Bank of Biscoe
Bank of Black Creek
Bank of Bladenboro
Boiling Springs Bank
Bonlee Bank & Trust Co.
Peoples Bank & Trust Co.
Commercial & Savings Bank
Bostic Bank
Bank of Broadway
Bank of Bridgeton
Bank of Buies Creek
Bunn Banking Co.
Alamance Bank & Trust Co.
First Savings Bank
Bank of Yancey
Bank of Candor
Bank of Carrboro
Page Trust Co.
Bank of Moore
Bank of Cary
Peoples Bank
Bank of Cerro Gordo
Bank of Chapel Hill
Peoples Bank
Bank of China Grove
Peoples Bank
Citizens Bank
The Haynes Bank
Bank of Clyde
Bank of Coleraine
Peoples Bank & Trust Co.
Bank of Coleridge
Polk County Bank & Trust Co.
Citizens Bank
Bank of Conway
Bank of Dallas
Bank of Stokes County
Citizens Bank
Bank of Denton
Farmers & Merchants Bank
Bank of Dover
Bank of Harnett
Commercial Bank
State Bank & Trust Co.
Bank of Efland
Citizens Bank
Bank of Ellenboro
Bank of Ellerbee
Bennett Bank & Trust Co.
Elon Bank & Trust Co.
Bank of Enfield

Enfield, N. C.
Englehard, N. C.
Eure, N. C.
Everetts, N. C.
Fair Bluff, N. C.
Fletcher, N. C.
Franklinville, N. C.
Fuquay Springs, N. C.
Garysburg, N. C.
Gates, N. C.
Gatesville, N. C.
Gatesville, N. C.
Germanton, N. C.
Gibson, N. C.
Gibsonville, N. C.
Goldston, N. C.
Graham, N. C.
Granite Falls, N. C.
Granite Quarry, N. C.
Grimesland, N. C.
Gulf, N. C.
Halifax, N. C.
Hamilton, N. C.
Hamlet, N. C.
Harrellsville, N. C.
Haysville, N. C.
Haw River, N. C.
Hemp, N. C.
Henrietta, N. C.
Hickory, N. C.
Hickory, N. C.
Hillsboro, N. C.
Hillsboro, N. C.
Holly Springs, N. C.
Hookerton, N. C.
Hot Springs, N. C.
Jackson Springs, N. C.
Jacksonville, N. C.
Jamesville, N. C.
Jonesboro, N. C.
Kelford, N. C.
Kenansville, N. C.
Kenly, N. C.
Kenly, N. G.
Kernersville, N. C.
King, N. C.
King, N. C.
Knightdale, N. C.
Landis, N. C.
Lansing, N. C.
Lasker, N. C.
Leaksville, N. C.
Lewiston, N. C.
Lexington, N. C.
Lexington, N. C.
Liberty, N. C.
Lillington, N. C.
Lillington, N. C.
Littleton, N. C.
Littleton, N. C.
Lowell, N. C.
Lucama, N. C.
Madison, N. C.
Madison, N. C.
Magnolia, N. C.
Maiden, N. C.

Commercial & Farmers Bank
Englehard Banking & Trust Co.
Farmers Bank of Eure
Planters and Merchants Bank
Farmers & Merchants Bank
Bank of Fletcher
Bank of Franklinville
Bank of Fuquay
Merchants & Farmers Bank
Citizens Bank
Planters Savings Bank
Bank of Gates
Bank of Stokes County
Carolina State Bank
Bank of Gibsonville
Bank of Goldston
Citizens Bank
Bank of Granite
Farmers & Merchants Bank
Bank of Grimesland
City Bank & Trust Co.
Bank of Halifax
Bank of Hamilton
Page Trust Co.
Bank of Harrellsville
Clay County Bank
Bank of Haw River
Bank of Hemp
The Haynes Bank
First Security Trust Co.
Consolidated Trust Co.
Bank of Orange
Farmers & Merchants Bank
Bank of Holly Springs
Bank of Hookerton
Citizens Bank
Bank of Jackson Springs
Bank of Onslow
Bank of Jamesville
Banking Loan & Trust Co.
Bank of Kelford
Bank of Kenansville
Farmers Bank
Bank of Kenly
Bank of Kernersville
Bank of King
Farmers & Merchants Bank
Bank of Knightdale
Merchants & Farmers Bank
Bank of Lansing
Bank of Lasker
Bank of Leaksville
Bank of Lewiston
Commercial & Savings Bank
Lexington Bank & Trust Co.
Bank of Liberty
Bank of Lillington
Harnett County Trust Co.
Bank of Littleton
Planters Bank
Bank of Lowell
Lucama Bank
Bank of Madison
Farmers Bank & Trust Co.
Bank of Magnolia
Maiden Bank

Manteo, N. C.
Marion, N. C.
Mars Hill, N. C.
Marshall, N. C.
Marshall, N. C.
Marshville, N. C.
Marshville, N. C.
Mayodan, N. C.
Maysville, N. C.
Micro, N. C.
Middlesex, N. C.
Midland, N. C.
Mocksville, N. C.
Mocksville, N. C.
Monroe, N. C.
Mooresboro, N. C.
Mount Holly, N. C.
Mount Holly, N. C.
Newland, N. C.
Newport, N. C.
Newton, N. C.
Norlina, N. C .
Northwilkesboro, N. C.
Norwood, N. C.
Old Fort, N. C.
Oriental, N. C.
Parkton, N. C.
Parmele, N. C.
Pilot Mountain, N. C.
Pinehurst, N. C.
Pine Level, N. C.
Pittsboro, N. C.
Pittsboro, N. C.
Plymouth, N. C.
Plymouth, N. C.
Potecasi, N. C.
Powellsville, N. C.
Princeton, N. C.
Proctorville, N. C.
Raeford, N. C.
Raeford, N. C.
Ramseur, N. C.
Randleman, N. C.
Richfield, N. C.
Richlands, N. C.
Rich Square, N. C.
Rockwell, N. C.
Roper, N. C.
Roseboro, N. C.
Roseboro, N. C.
Rose Hill, N. C.

Bank of Manteo
Merchants & Farmers Bank
Bank of Mars Hill
Bank of French Broad
Citizens Bank
Bank of Marshville
Mutual Bank & Trust Co.
Bank of Mayodan
Maysville Banking & Trust Co.
Citizens Bank
Middlesex Banking Co.
Bank of Midland
Bank of Davie
Merchants & Farmers Bank
Farmers & Merchants Bank
Bank of Mooresboro
Central Bank & Trust Co.
Mount Holly Bank
Avery County Bank
Bank of Newport
Farmers & Merchants Bank
Bank of Warren
Bank of Northwilkesboro
Bank of Norwood
Bank of Old Fort
Bank of Pamlico
Bank of Parkton
Parmele Bank & Trust Co.
Farmers Bank
Bank of Pinehurst
Bank of Pine Level
Bank of Pittsboro
Farmers Bank
Bank of Plymouth
Washington County Bank
Bank of Potecasi
Powellsville Bank
Merchants & Farmers Bank
Bank of Proctorville
Bank of Hoke
Bank of Raeford
Bank of Ramseur
Peoples Bank
Peoples Bank & Trust Co.
Citizens Bank
Bank of Rich Square
Bank of Rockwell
Bank of Roper
Bank of Roseboro
Coharie Bank of Roseboro
Bank of Rose Hill

Roxobel, N. C.
Roxobel, N. C.

Bank of Roxobel
Roanoke-Chowan Bank

Salemburg, N. C.

Bank of Salemburg

Saluda, N. C.

Bank of Saluda

Saluda, N. C.

Carolina State Bank
Banking Loan & Trust Co.
Sanford, N. C.
Seagroves, N. C.
Bank of Seagroves
Bank of Severn
Severn, N. C.
Citizens Bank
Shallotte, N. C.
Siler City Loan & Trust Co.
Siler City, N. C.
Chatham Bank
Siler City, N. C.
Sparta, N. C.
Bank of Sparta
Spruce Pine, N. C.
Bank of Spruce Pine
Stanley, N. C.
Farmers & Merchants Bank
Stem, N. C.
Bank of Stem
Stokesdale, N. C.
Stokesdale Commercial Bank
Stoneville, N. C.
Bank of Stoneville
Stoneville, N. C.
Farmers & Merchants Bank
Stony Point, N. C.
Bank of Stony Point
Sylva, N. C.
Tuckaseigee Bank
Sylva, N. C.
Jackson County Bank
Tabor, N. C.
Bank of Whiteville
Tabor, N. C.
Farmers & Merchants Bank
Todd (Elkland), N. C. Bank of Todd
Bank of Jones
Trenton, N. C.
Troutman, N. C.
Troutman Banking & Trust Co.
Bank of Montgomery
Troy, N. C.
Troy, N. C.
Troy Bank & Trust Co.
Turkey, N. C.
Bank of Turkey
Vass, N. C.
Bank of Vass
Vineland, N. C.
Bank of Columbus
Waco, N. C.
Peoples Bank
Wake Forest, N. C.
Bank of Wake
Walnut Cove, N. C.
Bank of Stokes County
Farmers Union Bank & Trust Co.
Walnut Cove, N. C.
Warren ton, N. C.
Bank of Warren
Warrenton, N. C.
Citizens Bank
Warsaw, N. C.
Bank of Warsaw
Waxhaw, N. C.
Waxhaw Banking & Trust Co.
Weldon, N. C.
Weldon Bank & Trust Co.
Whiteville, N. C.
Bank of Whiteville
Whiteville, N. C.
Bank of Columbus
Bank of Wilkes
Wilkesboro, N. C.
Williamston, N. C.
Farmers & Merchants Bank
Williamston, N. C.
Martin Co. Savings & Trust Co.
Bank of Winterville
Winterville, N. C.
Win ton, N. C.
Bank of Winton
Winton, N. C.
Merchants & Farmers Bank
Farmers Bank
Woodland, N. C.
Bank of Yanceyville
Yanceyville, N. C.

Checks on all hanks in North Carolina both member banks and non-member banks can still be collected
at par by the Federal R eserve Bank, except checks on the banks whose names occur in this list.