kids encyclopedia robot

Bank of Florence Museum facts for kids

Kids Encyclopedia Facts
Bank of Florence
Bank of Florence NE.JPG
Bank of Florence Museum is located in Nebraska
Bank of Florence Museum
Location in Nebraska
Bank of Florence Museum is located in the United States
Bank of Florence Museum
Location in the United States
Location 8502 North 30th Street,
Omaha, Nebraska
Built 1856
Architectural style Greek Revival
NRHP reference No. 69000130
Quick facts for kids
Significant dates
Added to NRHP October 15, 1969

The Bank of Florence was a special kind of bank in Florence, Nebraska Territory. It first opened for three years in the 1850s. Later, in 1904, another bank used the same name and building. Today, the building where the bank once stood is known as the Bank of Florence Museum. It is listed on the National Register of Historic Places, which means it's a very important historical site. It is also the oldest building in Omaha, Nebraska.

The Bank's Story

How Florence Began

The town of Florence was built where an old pioneer settlement called Winter Quarters used to be. Many small buildings were still there from the early Mormon pioneers. People who wanted to make money quickly saw Florence as a great opportunity. The town grew very fast.

The First Bank of Florence

The Bank of Florence was built as a "wildcat bank." This was a type of bank that printed its own money, often without enough gold or silver to back it up. People hoped to make a lot of money quickly from these banks. Many early investors in the Bank of Florence were business people from the area. They also included members of a company that started the nearby town of Saratoga.

However, a big financial crisis called the Panic of 1857 happened. This event caused many local people and farmers to lose their money. The Bank of Florence closed down because of this.

A New Beginning

The building reopened in 1904 as the Second Bank of Florence. In the 1980s, the building was carefully restored. It became an important historical landmark.

Visiting the Museum Today

Today, the old bank building is a museum. The Florence Historical Foundation owns and runs it. When you visit, you can see the main bank area and the strong vault. You can also explore the rooms upstairs. These rooms were once the home of the bank's first manager. There's even a restored old telephone switchboard from the Florence Telephone Company.

The museum is open on Saturdays and Sundays from 11 AM to 3 PM, from May through August. It also opens on special event days. If you want to visit at other times, you can arrange a tour by appointment.

See also

  • List of the oldest buildings in Nebraska
kids search engine
Bank of Florence Museum Facts for Kids. Kiddle Encyclopedia.