Spring is here, and you can bank. on. it.🌱🌷🌼🌿🌸😊
(That and our weakness for bad puns...hey, we`re not perfect. 🤷♂️🤷♀️)
On April 11, 1959, the First National of Bank of Portsmouth hosted an open house for its brand new bank building at 325 State on the corner of Fleet Street.🏦💵 #onthisdate
Pictured are a few earlier photos of the 325 State Street bank by commercial photographer Douglas Armsden (1918-2009) of Kittery Point, Maine.
[P15.366 & P0061_00241]
Incorporated in 1824, first as the Piscataqua Bank, the bank shared the same treasurer, Samuel Lord, as the Portsmouth Savings Bank, which was located on the upper floor of the New Hampshire Bank at 22-26 Market Square. With one too many banks, Piscataqua Bank moved to an upper room at the corner of State and Pleasant streets.
In 1844, the Market Square building was purchased by both Piscataqua Bank and Portsmouth Savings Bank. Piscataqua Bank changed its name to Piscataqua Exchange Bank.
While independent of Portsmouth Savings Bank, both held the same building, officers, and directors (and Mr. Lord).
In 1863, Piscataqua Exchange changed its name to First National Bank of Portsmouth.
In 1869, the two banks separated completely after its shared treasurer retired. A partition was constructed between the two banks with Portsmouth Savings Bank on the north side and First National Bank on the south side.
(Oh, we can talk more about the Market Square building another time.🍵⏱️)
In 1957, Portsmouth Savings began construction on a new bank at 333 State on the corner of Fleet Street. Of course, a few years later, First National followed, opening this bank directly across the street. #banktwins
In 1996, First National merged with Bank of New Hampshire. Later, it was People`s United. Today, it`s M & T Bank.
But can we talk about the bank`s spaceship, er, annex building? 👽
In 2003-2004, the bank remodeled the mid-century modern exterior and demolished the annex, returning it to the mothership of Lost Portsmouth architectural history.😔
#otd #firstnationalbank #midcenturymodern #statestreet #douglasarmsden #collectpreserveshare📖
#localhistory #portsmouthnh #nh #seacoast❤ ...