March 2, 1872: Three Boyertown Residents Found the National Bank of Boyertown


By Margaret Leidy Harner from her book One Day at a Time: A Social History of Boyertown, PA.

March 2, 1872: The quiet rural village of Boyertown shared fully in the explosive growth of commerce and industry following the Civil War and developed into a thriving prosperous community.

To serve the burgeoning financial needs of the town, three prominent local residents, Aaron Mory, his son Milton, and Daniel B. Boyer, opened a private banking house in a corner room of the Union House.

Mory, Boyer and Company prospered, being entrusted with the safe-keeping of money by local farmers, businessmen, merchants and working people at 3% interest.

Less than two years later, it was decided to expand the scope of this private bank to take advantage of the benefits available to national banks, and the National Bank of Boyertown was established.

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