From the very beginning, the official records of First National Bank of Northfield were filled with the names of men who were building the new community. Frederick Goodsell, the bank’s first president, was the son of one of the founders of Carleton College. John F. Ames and Edward T. Archibald were responsible for Cannon River milling companies in Northfield and Dundas. John C. Nutting and J. A. Scriver were connected to buildings bearing their family names. Local businessmen Harold Thoreson and George M. Phillips, and Faribault banker Hudson Wilson were the other stockholders.
The history of First National Bank of Northfield is closely interwoven with the development of this community. The preservation of the corner of Fourth and Division Streets was undertaken in the spirit of maintaining that relationship.
The First National Bank of Northfield - commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency.
