First National Bank (Grand Forks, North Dakota) Explained

First National Bank
Location:322 DeMers Ave., Grand Forks, North Dakota
Coordinates:47.9247°N -97.0311°W
Built:1914 and 1915
Architecture:Early Commercial, Classical Revival, Other, and Vernacular
Added:October 26, 1982
Area:less than
Mpsub:Downtown Grand Forks MRA
Refnum:82001323

The First National Bank is a five-story building in Grand Forks, North Dakota, that was built in 1914–15 and listed on the National Register of Historic Places in 1982. It was built for the Scandinavian-American Bank, but has been identified as the First National Bank building since 1929.

History

When it was founded, the Scandinavian-American Bank had its offices in the Metropolitan Opera House in Grand Forks. The new bank building was constructed in 1914–15 and occupied in 1915. When the bank later obtained a charter as a national bank, it took the name Northwestern National Bank. In 1929, it merged with the First National Bank, and the combined bank located in this building.[1] First National Bank failed in 1933, during the Great Depression, but was replaced by a new First National Bank entity that later became Alerus Financial in 2000.[2]

The building is located on a corner lot, approximately 90by in size, at the intersection of DeMers Avenue and North Fourth Street. It is considered an "outstanding example" of the use of Classical Revival architecture in the context of a large commercial building.[1] The two sides that face the street have two-part facades in which the lower two stories are fronted by rusticated ashlar piers built on top of polished granite blocks and the three upper stories are faced with red brick. The top of the building is decorated with a stone cornice.[1]

The property was included in a 1981 study of the historical resources of downtown Grand Forks.[3] It was damaged by flooding and fire in the 1997 Red River flood; it is the only building on the block that was not demolished as a result of flooding and fire.[4] [5] [6]

Related reading

Notes and References

  1. Web site: [{{NRHP url|id=82001323}} North Dakota Cultural Resources Survey: First National Bank ]. C. Kudzia, Norene . Joe Roberts, Gary Richardson . September 1981 . National Park Service. and
  2. Web site: Alerus Financial History . . February 18, 2013 . https://web.archive.org/web/20120323021715/http://www5.alerusfinancial.com/alerus.nsf/w/inside_alerus.html . March 23, 2012 . dead .
  3. Web site: [{{NRHP url|id=64000472}} National Register of Historic Places: Downtown Grand Forks MRA ]. Norene Roberts . Joe Roberts . November 30, 1981 . National Park Service.
  4. Web site: Flood waters at the corner of 4th Street and Demers Avenue, Grand Forks, N.D.. photograph . State Historical Society of North Dakota.
  5. Web site: Downtown Grand Forks After the Flood . Grand Forks Flood and Recovery . Alan Draves . February 18, 2013.
  6. Web site: Downtown Grand Forks After Hell and High Water . Grand Forks Flood and Recovery . Alan Draves . February 18, 2013.