This bank was organized July 2,1856, as the Muncie Branch of the Bank of State of Indiana, with a capital stock of $100,000. Business opened with the public January 2, 1857, under the management of John Marsh, as President, and J. W. Burson, Cashier, the Directors being William Petty, J. W. Burson, John Marsh, Volney Willson and�Edwin C. Anthony. This branch continued till January 28,1865, when it merged into the Muncie National Bank, the organization it has since retained.

Mr. Burson remained Cashier of the Muncie Branch through its time, and afterward of the Muncie National Bank until his death, September 21,1871, the vacancy being then filled by the election of the present Cashier, Mr. S. A. Wilson.

Mr. Marsh continued to serve as their President until July 1, 1874, when, having resigned, Mr. F. T. White, President at this time, was elected to the position.

Its present Board of Directors are Francis T. White, Frederick K. Putnam, William Lewis, John E. Burson and S. A. Wilson.

The bank is supplied with Macneale and Urban�s best burglar-proof safe, having burglar-proof money box inside, and one of the Yale time locks attached to the outer door of safe, thus making it impossible to unlock the same outside of business hours. Furthermore, the safe is secured within a large iron-cased vault, with heavy double-iron doors, this vault being enclosed within a fifteen-inch brick wall, separated by an air chamber from the inner iron casing.

This vault rests upon a base of solid masonry eight feet deep, and is covered with an arch�iron and brick�twelve inches in thickness.

The bank building, located northeast of the public square, was constructed expressly to combine banking hours and residence for the Cashier.

Watchman employed from 7 PM to 6 AM.
Hours of business from 9 AM to 3 PM.

Original capital stock of National Bank �.$50,000. 00
Increased July, 1865, �to ������.$200,000.00
Increased January, 1871 to �����.$300,000.00
Reduced July, 1876, to present stock�...$200,000.00
Surplus ������������.....$50,000.00
Deposits, November 16, 1880����.$178,611.75

CITIZENS' NATIONAL BANK.

This bank was first organized as the Citizens' Bank November 16, 1874, and re-organized March 15, 1875, as the Citizens' National Bank of Muncie, Ind.

Its original officers were George W. Spilker, President; John Marsh, Cashier; Arthur E. Smith, Assistant Cashier; and William M. Marsh, Book-keeper.

Present officers: George W. Spilker, President; C. E. Shipley, Vice President; John Marsh, Cashier; Carl E. Spilker, Assistant Cashier; William M. Marsh, book-keeper; John Galbraith, C. E. Shipley, George W. Spilker, John Marsh, Henry Hamilton, C. H. Russey and Joseph Meeks, Directors.

Is located on Main street, south of public square. Uses Hall's patent iron and steel burglar-proof safe, with Hall's patent time-lock attachment. This is also further secured by an iron encased vault within heavy double-brick walls; air chamber between, resting on a solid base of stone about eight feet deep and substantially covered, thus rendering entire security against fire.

Watchman employed from 8 P. M. to 7 A. M.
Business hours from 9 A. M. to 4 P. M.

Original capital stock.......................................$100,000.00
Increased January 4, 1876, to............................140,000.00
Reduced March 26, 1879, to present--all paid...100,000.00
Surplus and profits...............................................14,393.05
Amount deposits, November 23, 1880...............270,055.37

Present stockholders, residents of county principally: John Marsh, Charles H. Russey, T. S. Gutherie, Joseph Meeks, John Galbraith, Robert Polk, William M. Marsh, John Holbert, Mary Willard, Henry Hamilton, J. F. Nickey, Mary Daugherty, C. E. Shipley, William Y. Williams, Samuel Sunderland, George W. Spilker, S. Martin's estate, N. Benjamin, D. Kilgore's estate.

MUNCIE BANK.
Claypool

Austin B. Claypool, with his brother, A. J. Claypool, from Connersville, Ind., in the year 1871, came to Muncie and opened a brokerage office, establishing also a banking house in the Senate Block on the southeast corner of Walnut and Jackson streets, the capital stock of which was made to represent $20,000. Austin B. became President and A. J. Cashier. This arrangement continued unchanged for a period of about two years, when M. S. Claypool was admitted as a partner. the three operated together successfully and harmoniously until 1875. At that time, A. B., the senior of the firm, withdrew, A. J. and M. S. remaining, conducting as before, a successful, satisfactory business. In 1879, M. S. Claypool, the youngest of the three, withdrew also, leaving the entire business in the hands of A. J., who has since conducted the affairs of the bank as one of discount and deposit.

At the time of founding this bank, a first-class MacNeale & Urban safe or vault was constructed. At various times since the original construction, it has been improved and strengthened with a view to more perfect security against fire and burglars, as well as for general convenience, until at this time it affords absolute security and gives confidence to depositors, which is strengthened by Mr. Claypool's well known business integrity and saucity, and by the known stability of the institution. These considerations guarantee to the people of Delaware County a safe, reliable banking house, as well as an accommodating and efficient financial officer. Hence the bank enjoys a liberal share of the deposits of the city and of the surrounding country. Its original stock of $20,000 remains at this time unimpaired. (Pages 195-196)