Bank

The first bank of Angelica was a branch of the Erie County Bank. It did business for a short time, then a private banking establishment was formed by Charles d’Autremont, a French émigré and Angelica resident. But then the First National Bank was organized by 1864, by locals Alpha Morse, Alpha Lockhart, and others. In April 1886, it was reported that “a load of real estate had been foisted on the bank for foreclosure” and closed its’ doors with its cashier, J E Robinson, as a defaulter, suspiciously in Canada. After much work, assets were deemed sufficient to pay the depositors in full while stockholders received their equal share. Three years later in 1889, having overcome being robbed with little injury to its integrity, it reopened confidently to the relief of the town. Later, the State Bank of Angelica was founded in 1895. By 1955, the bank was known as the Bank of Angelica. Four years later, an extensive remodeling project was undertaken where the adjoining building was annexed, but the exterior edifice retains and preserves much of its original character. Over the next several decades several more mergers occurred ending in 2001 when the property was finally transferred to Community Bank, N A. Banking operations were recently halted and relocated to Belfast. The building is privately-owned now awaiting its next chapter.