Source: North Manchester Journal, March 22, 1883
The First National Bank of North Manchester has been organized in this town which will succeed to the business of, and occupy the banking house of the Manchester Bank. The officers of the organization are Jesse Arnold, Pres.; James Arnold, of South Whitley, Vice Pres., and J.R. Wallace, Cashier. With the rapid increase of wealth and commercial enterprise, a good system of banking becomes a convenience and almost a necessity as great as railroads and telegraphs, and we believe nothing so much indicates a high degree of intelligence with correct business principles and substantial wealth as the liberal patronage of good banks. We congratulate the people of this community in the establishment of a National Bank under the management of parties so long and favorably known as the managers and officers of this bank, are to the people of the Eel River Valley, and we believe the same liberal and substantial support which has for so many years been given to the Manchester Bank of Jesse Arnold & Co. (which was established in 1871) will be continued in a much larger volume, to the First National Bank as now organized. We wish the new bank every success.