First National Bank of Volant - Volant PA

The First National Bank of Volant, led by President Hiram J. Collins, was opened for business in September 1920. The institution soon experienced financial issues, which included a cashier stealing bank funds, and was closed by federal officials in early 1925. It was reorganized by the directors of the First National Bank of New Wilmington and reopened in July 1925. Howell T. Getty was named as the new President, and Philip M. Cox was the main cashier. After Howell Getty died tragically (suicide) in 1933 the bank came under the temporary control of a federal banking official. Philip Cox soon assumed greater control and guided the bank for many years. At some point the business moved into a newer building. The bank was sold in May 1955 and became the “Volant Office” of the Lawrence Savings & Trust Company of New Castle. The bank changed hands numerous times in the coming years and I believe it is still in operation as the Volant Branch of the Northwest Savings Bank. (c1925) Full Size