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Auction: 316 - The Collector's Series
Lot: 1019

NJ. West Englewood. Ch.12402. West Englewood National Bank. $5. 1929 T2. Fr. 1800-2. No.A006899. Plate K. About Very Fine, pressed, with good margins.

West Englewood was actually a section of the town of Teaneck. The
Comptroller of the Currency (the part of the Treasury Dept. that regulated
National Banks) permitted banks to adopt location names if there was a Post Office bearing that name. Since this bank was the only issuer in
the town, Teaneck was one of the largest towns in New Jersey (by population) without an issuing bank bearing its name.

Sold for
$325