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National Exchange Bank of Greenville

Founded in 1822 as the Smithfield Exchange Bank, this institution became the National Exchange Bank of Greenville in 1865 with a capital of $150,000.

It first occupied the Greenville Tavern (also known as the Waterman Tavern) on Putnam Pike in Greenville, a village in the town of Smithfield. (This building was recently refurbished and you can see a photo of the work done, including the bank’s original safe here.) In the 1850s, the bank built a new brick edifice adjacent to the tavern.

National Exchange was liquidated on July 20, 1928 when its capital at the time was noted as $150,000. It subsequently became the Greenville Trust Company on July 20, 1928.

In 1954, Greenville Trust was acquired by Citizens Savings Bank of Providence (formerly the High Street Bank).

 

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A vintage photo of the first home of the Smithfield Union Bank in the Greenville Tavern.

A vintage photo of the first home of the Smithfield Exchange Bank in the Greenville Tavern.

A 19th century postcard of the National Exchange Bank of Greenville (formerly the Smithfield Bank). This structure was built next door to the Greenville Tavern.

A 19th century postcard of the National Exchange Bank (formerly the Smithfield Exchange Bank). This structure was built next door to the Greenville Tavern.
The Greenville Fire Department, with their hand pump engine known as “The Water Witch,” stands in the foreground.

A postcard from the early 20th century showing the bank.

A postcard from the early 20th century showing the bank.

A 2013 photo showing the old Greenville Tavern building with the National Exchange building behind it on Putnam Pike in Greenville. Both structures have been altered since their bankings day.

A 2013 photo showing the old Greenville Tavern building with the National Exchange building behind it on Putnam Pike in Greenville.
Both structures have been altered since their bankings days.

Greenville Trust Company

A Greenville Trust Company document.

Greenville Rhode Island

A letter from the bank, 1929.

Greenville Rhode Island

A mortgage notice from November 3, 1929.

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