Skip to content

Businesses, mills and venues

Bank of Chapel Hill

The Bank of Chapel Hill was founded in 1899 with Julian S. Carr as its first president, the county's first bank after the Civil War. It moved into a new building on Franklin Street in 1914, and at the close of business on September 27, 1963, it became part of North Carolina National Bank.

Map tiles © OpenStreetMap contributors. Site locations from the N.C. State Historic Preservation Office survey, Open Orange, Orange County GIS, OpenStreetMap and a few other published sources named on each site’s page; town and community pins show approximate locations.

People in its history

People named in events about this site, ordered by number of mentions. Each example links to an entry with a source citation.

Show 13 more

Sites linked through the same people

Indexed works

Books, articles, records, and images about Bank of Chapel Hill. Each has been reviewed for relevance; materials held at OCPL appear first.

About the site

Bank of Chapel Hill: photographs (Chapel Hill Historical Society)

1928

Two 1928 images of the Bank of Chapel Hill: an interior view of the teller desks and a bank advertisement printed alongside one for the telephone directory.

Included because: The site is named in the title, catalog subjects, or description.

Bank of Chapel Hill (Chapel Hill Historical Society vertical file)

Newspaper clippings, photocopied articles and a report with notes on the Bank of Chapel Hill, undated, from the Businesses series of the Chapel Hill Historical Society's Vertical File Collection.

Included because: The site is named in the title, catalog subjects, or description.

Published by or for this business

Bank of Chapel Hill news.

Bank of Chapel Hill (Chapel Hill, N.C.) · 1974 · Bank of Chapel Hill

House organ of the Bank of Chapel Hill, published by the bank from 1974 in volumes with illustrations at 35 centimeters. The subject is the bank itself, so the file documents a local financial institution through its own announcements.

Included because: Published by or for this business.

UNC

Modern farming.

1974 · The Bank of Chapel Hill

An agricultural bulletin put out by the Bank of Chapel Hill from 1974, covering agriculture and banks and banking as well as the bank itself. Volumes with illustrations at 36 centimeters.

Included because: Published by or for this business.

UNC

[Financial statements for the Bank of Chapel Hill].

Bank of Chapel Hill (Chapel Hill, N.C.) · 1918 · Bank of Chapel Hill

Thirty-four printed financial statements of the Bank of Chapel Hill, issued between June 1918 and June 1963, with material on the Bank of Carrboro as well. Items range from 14 to 23 cm and document the banking business of the two towns across four and a half decades.

Included because: Published by or for this business.

UNC

Surveys and maps of the area

Not about Bank of Chapel Hill alone: the architectural surveys that cover its town or the county, and maps drawn while it stood. Several of the surveys can be read free online at NC Digital Collections.

The Town and Gown Architecture of Chapel Hill, North Carolina: 1795-1975

Little-Stokes, Margaret Ruth · 2006

Margaret Ruth Little-Stokes's survey of Chapel Hill's town and campus buildings from 1795 to 1975, published by the Preservation Society of Chapel Hill in 2006. Chapters run from the first campus buildings through David Swain's romantic campus to midcentury modernism, followed by area surveys of the campus, east and west Chapel Hill, downtown, Northside and the suburbs.

Included because: A survey or map of the town or county where the site stands.

The town and gown architecture of Chapel Hill, 1795-1975

Little, M. Ruth · 2004 · Preservation Society of Chapel Hill

M. Ruth Little's 2004 architectural history of Chapel Hill and the university campus from 1795 to 1975, written for the Preservation Society of Chapel Hill. A 99-page survey with a bibliography.

Included because: A survey or map of the town or county where the site stands.

NC Digital Collections record courtesy of the North Carolina Department of Natural and Cultural Resources.

Chapel Hill historic sites survey : final report.

Gatza, M. B. · 1992 · Chapel Hill Planning Department

M. B. Gatza's final report of the 1992 Chapel Hill historic sites survey for the town Planning Department, with contributions by Beverly C. Kawalec and Catherine Bishir. It covers historic buildings and districts in Chapel Hill in 80 pages.

Included because: A survey or map of the town or county where the site stands.

NC Digital Collections record courtesy of the North Carolina Department of Natural and Cultural Resources.

Chapel Hill township survey final report

Lally, Kelly A. · 1992

Kelly A. Lally's October 1992 final report on the architectural survey of Chapel Hill township, including Chapel Hill and Carrboro. Besides the report and a bibliography, most of its 56 pages form an annotated index of the historic buildings surveyed.

Included because: A survey or map of the town or county where the site stands.

NC Digital Collections record courtesy of the North Carolina Department of Natural and Cultural Resources.

When Chapel Hill was a village

Love, Cornelia Spencer, 1892-1981 · 1976 · Chapel Hill Historical Society

Cornelia Spencer Love's recollections of Chapel Hill as a village, published by the Chapel Hill Historical Society in 1976 with drawings by John V. Allcott. Love lived from 1892 to 1981, and the book covers Chapel Hill biography, the town's social life and customs, and the faculty of the university before 1962. viii and 87 pages with illustrations.

Included because: A survey or map of the town or county where the site stands.

Occupants and Structures of Franklin Street, Chapel Hill, North Carolina at 5-Year Intervals, 1793-1998

Bryant, Bernard Lee · 1999 · Chapel Hill Historical Society

Bernard Lee Bryant's compilation of who occupied each structure on Franklin Street in Chapel Hill at five-year intervals from 1793 to 1998, issued by the Chapel Hill Historical Society in 1999 as a photocopy of his original computer printout on cotton paper. 191 leaves.

Included because: A survey or map of the town or county where the site stands.

UNC
Show 6 more surveys and maps

Map of Chapel Hill as it was in 1875 to 1885

Carter, H. D. (Henry Dennis), -1941 · 1934

Henry Dennis Carter's reconstruction, drawn as a blueprint in 1934, of Chapel Hill as it stood between 1875 and 1885, showing the buildings of the village. A note on the map says the information came from old residents who gave it to Mary L. Thornton.

Included because: A survey or map of the town or county where the site stands.

UNC

[Map of Chapel Hill and vicinity].

Harris, Hunter Lee, 1866-1893 · 1888 · Hunter Lee Harris?

Dating from 1888 and attributed to Hunter Lee Harris, a map of Chapel Hill and its vicinity, reproduced as a photocopy measuring 22 by 37 centimeters. Harris died in 1893, which brackets the drawing to the late nineteenth century. An early depiction of the streets of the village and the land around it.

Included because: A survey or map of the town or county where the site stands.

UNC

[Map of Chapel Hill].

1895

Pen-and-ink manuscript map of Chapel Hill dated 1852, with a table of measurements, showing the University campus, the village around it, street widths and layout, and the town limits. Later notes attributed to Kemp P. Battle give the longitude and latitude of landmarks as measured from atop New East Hall in 1880.

Included because: A survey or map of the town or county where the site stands.

Sanborn Fire Insurance Map from Chapel Hill, Orange County, North Carolina.

1925

Sanborn Map Company fire insurance map of Chapel Hill, June 1925, on eleven sheets, with Carrboro also drawn. Sanborn maps recorded the outline, construction and use of each building for fire insurers, so the set shows both towns block by block in the mid 1920s.

Included because: A survey or map of the town or county where the site stands.

Map of Chapel Hill & vicinity.

1933

Street and property map of Chapel Hill and the surrounding country, revised to 1 January 1933 and printed in the town. Topics include streets, real property and the historical geography of Chapel Hill along with maps of the University of North Carolina in its 1793 to 1962 period. A useful sheet for tracing lot lines and street names as they stood at the start of the 1930s.

Included because: A survey or map of the town or county where the site stands.

UNC

Map of Chapel Hill business district in 1892

1892

Hand-drawn map of downtown Chapel Hill as it stood in 1892, covering Franklin, Henderson, Columbia and Church streets and part of the campus. It locates Pickard's Hotel, the Methodist, Presbyterian and Baptist churches, the H. H. Patterson store and other businesses and owners. Julia Hooper Graves and the writer Phillips Russell are both connected with it.

Included because: A survey or map of the town or county where the site stands.

Found a book OCPL doesn’t own? You can often borrow it through interlibrary loan at OCPL.

Start at OCPL

    Where to look on the shelf

    These books don’t necessarily mention Bank of Chapel Hill, but they cover where it stands, its kind of building and the land, family and burial records behind it, and they are where a search for a place like this usually goes next. All are at OCPL, most in the Wall Collection.

    Histories of the town and county

    • Rebecca Wall Collection · NC 975.656 STO Chapel Hill: A Pictorial History Stolpen, Steven · 1978

      Steven Stolpen's pictorial history of Chapel Hill, one of the Donning Company's photographic town histories, published in Norfolk, Virginia in 1978. Photographs and portraits carry the story of the town and the university, including references to Thomas Wolfe's years as a student at Carolina. 156 pages with illustrations.

    • Foundational · 975.656 RYAN Orange County Trio: Hillsborough, Chapel Hill, and Carrboro, North Carolina, Histories and Tour Guides Ryan, Elizabeth Shreve · 2004

      Elizabeth Shreve Ryan's combined histories and tour guides for Hillsborough, Chapel Hill and Carrboro, the three towns of Orange County, with the University of North Carolina treated alongside Chapel Hill. Each town gets a narrative history and a tour of its streets and buildings. Published by Chapel Hill Press in 2004, 369 pages with illustrations and maps.

    Buildings and surveys

    • Foundational · NC 720.975 BIS A Guide to the Historic Architecture of Piedmont North Carolina Bishir, Catherine W. · 2003

      Catherine W. Bishir and Michael T. Southern's field guide to the historic buildings of the North Carolina Piedmont, arranged county by county from Wake and Franklin in the east to Mecklenburg and Gaston in the west. The Orange County section takes in Hillsborough, Chapel Hill and Carrboro along with the rural county, with entries on individual buildings and maps for finding them. Published 2003, 596 pages with illustrations and maps.

    • Foundational · NC 917.56 HIS Historic Buildings and Landmarks of Chapel Hill, N.C Chapel Hill Historical Society · 1973

      A pocket-sized guide to the historic buildings and landmarks of Chapel Hill, prepared by the Chapel Hill Historical Society and printed by Creative Printers in 1973. Forty pages with illustrations and maps, 14 by 22 cm. Topics include architecture, historic buildings and historic districts in Chapel Hill, and the guide is useful for a walking tour of the older parts of town.

    Land, family and burial records

    • Foundational · NC 333.3 DUNAWAY Chapel Hill, N.C. History of Town Lots (1790-1930s) Dunaway, Stewart E. · 2014

      Deed transcripts for the town lots of Chapel Hill and adjoining land from 1790 to the 1930s, compiled by Stewart E. Dunaway. Each transcript keeps only the working facts: grantor and grantee, price, acreage and the metes and bounds of the parcel. Self-published in 2014 as Issue 1G, 702 pages with maps and facsimiles.

    In the chronology

    Storyline about this site, with a page of its own:

    1. The Bank of Chapel Hill is established The bank's incorporators met at Chapel Hill on April 12, 1899, elected Julian S. Carr president, C. L. Lindsay vice president and S. T. Peace cashier, and voted to build a brick bank house; the bank opened for business in July. Founded with $10,000 authorized and $2,500 paid in, it was the county's first bank after the Civil War, and by 1953 it held $8,500,000 in assets. People: Julian S. Carr Lefler and Wager, Orange County, 1752-1952 (1953), p. 274 · Also: Orange County Observer (Hillsborough), April 20, 1899, p. 3; Orange County Observer (Hillsborough), July 27, 1899, p. 2; Chapel Hill Weekly, April 3, 1931, p. 3; Chapel Hill Weekly, April 10, 1931, p. 3
    2. Charles T. Beasley resigns as cashier of the Bank of Chapel Hill Charles T. Beasley resigned as cashier of the Bank of Chapel Hill and left for his home at Randleman, and Waine Archer took his place until the directors chose a successor. The News (Chapel Hill), August 2, 1906, p. 1
    3. The Bank of Chapel Hill moves into a new building on Franklin Street Short of room, the Bank of Chapel Hill moved into a new building just west of Clyde Eubanks's new drugstore, and a barbershop took over the space it left. Bernard Lee Bryant Jr., Occupants and Structures of Franklin Street, Chapel Hill (1998; Chapel Hill Historical Society, 1999), scan p. 207
    4. Lueco Lloyd serves as first vice-president of the Peoples Bank of Chapel Hill The Peoples Bank's notices in the News listed Lueco Lloyd as first vice-president under president E. V. Howell, with R. H. Ward second vice-president and C. B. Griffin cashier. He had been one of the bank's directors by 1912. People: E. V. (Edward Vernon) Howell, Ralph H. Ward, C. B. Griffin DigitalNC: The News (Chapel Hill), January 14, 1915, p. 6
    5. The Bank of Chapel Hill elects Milton E. Hogan cashier At the directors' annual meeting in the bank building, cashier J. C. Taylor resigned; Milton E. Hogan was elected cashier and John P. Cole assistant cashier, and a ten percent dividend was declared. M. C. S. Noble stayed on as president and H. H. Patterson as vice-president. People: James Cole Taylor, M. C. S. Noble, Henry Houston Patterson, Milton E. Hogan The News (Chapel Hill), January 14, 1915, p. 4
    6. Isaac W. Pritchard becomes vice-president of the Bank of Chapel Hill The Bank of Chapel Hill's advertisements in the News, which had long listed Pritchard among its directors, began naming him vice-president, under president M. C. S. Noble and cashier M. E. Hogan. People: M. C. S. Noble, Milton E. Hogan DigitalNC: The News (Chapel Hill), September 13, 1917, p. 5
    7. The state charters a Carrboro branch of the Bank of Chapel Hill The Secretary of State granted the Bank of Chapel Hill a charter to establish a branch bank at Carrboro. The News (Chapel Hill), June 19, 1919, p. 5
    8. The Bank of Chapel Hill opens a branch, the Bank of Carrboro The Bank of Chapel Hill raised its capital in the summer of 1919 so it could open a bank in the mill town, and the Bank of Carrboro opened for business on Saturday, November 29, 1919. Deposits on the first day came to more than $30,000. Its advertisements in early 1920 named A. H. Carr chairman of the board and A. P. Lloyd cashier. DigitalNC: The News (Chapel Hill), December 6, 1919, p. 5 · Also: The News (Chapel Hill), July 10, 1919, p. 8; The News (Chapel Hill), January 29, 1920, p. 4
    9. W. E. Thompson becomes cashier of the Bank of Carrboro By May 1923 W. E. Thompson was cashier of the Bank of Carrboro, the Carrboro branch of the Bank of Chapel Hill, with M. C. S. Noble as president. He held the post until the branch closed in April 1933. People: M. C. S. Noble The Chapel Hill Weekly, May 17, 1923, p. 4
    10. Bank of Chapel Hill director Henry Lloyd dies Henry Lloyd, a stockholder and director of the Bank of Chapel Hill, died by early January 1923, when his executors qualified. The bank's directors and stockholders adopted a tribute calling him a faithful officer who took great pride in the bank's growth. People: W. S. Roberson, M. C. S. Noble, Isaac W. Pritchard The News (Chapel Hill), February 1, 1923, p. 5
    11. The Bank of Chapel Hill backs the high school boys' purebred Jersey program The Bank of Chapel Hill came out for the better live stock campaign of the agricultural boys in the Chapel Hill high school and offered to furnish capital for buying purebred stock. Two young bulls, four heifers and a cow came into the county as foundation animals, and the plan was to put a registered Jersey bull in every community of Chapel Hill and Bingham townships. People: Milton E. Hogan The News (Chapel Hill), January 18, 1923, p. 1
    12. The Bank of Chapel Hill finishes a fifty-foot addition and remodels its banking house By late February 1924 the Bank of Chapel Hill had completed a 50-foot addition to its building and was remodeling the main banking room with skylights, a new tile floor and a new front. Its large vault had been moved into the addition on January 8. The News (Chapel Hill), February 28, 1924, p. 5
    Show all 40 dated events
    1. The Bank of Chapel Hill nearly finishes a $30,000 remodeling with a rear addition The News reported the Bank of Chapel Hill's remodeling nearly done and the building soon ready for its house-warming. Between $30,000 and $35,000 had been spent, with a 50-foot addition at the rear, a new front, tile floors, marble work, new furnishings and skylights. People: M. C. S. Noble, Robert L. Strowd, Milton E. Hogan The News (Chapel Hill), July 31, 1924, p. 1
    2. The Bank of Chapel Hill buys the Peoples Bank Chapel Hill's second bank, the Peoples Bank, ran from about 1912 under presidents Vernon Howell and J. D. Webb. The Bank of Chapel Hill bought its assets in 1925. People: Junius D. Webb Lefler and Wager, Orange County, 1752-1952 (1953), p. 274 · Also: Chapel Hill Weekly, August 14, 1925, p. 1; Chapel Hill Weekly, November 20, 1925, p. 4
    3. W. O. Lacock opens Lacock's Boot Shop on the site of the original Bank of Chapel Hill W. O. Lacock, in business in Chapel Hill for fifteen years, opened a new store where the original Bank of Chapel Hill had stood and the Carolina Smoke Shop had been, renaming his Electric Shoe Shop as Lacock's Boot Shop. Land and building cost about $17,000. The Chapel Hill Weekly, February 17, 1928, p. 2
    4. Chapel Hill stock owners come through the Wall Street crash with little loss As Cities Service stock, sold widely around Chapel Hill through the Durham Public Service Company, fell from 68 to 22 in about fifteen days, most local holders had already sold on the rise and few had bought on margin. Cashier M. E. Hogan said the Bank of Chapel Hill had no money on loan in New York and was untouched by the selling. People: Milton E. Hogan The Chapel Hill Weekly, November 1, 1929, p. 1
    5. Bank of Chapel Hill stockholders hear a report of $1,850,000 in resources At the annual meeting the bank's president, M. C. S. Noble, reported total resources of $1,850,000 and deposits of $1,500,000, against $10,606 in resources in its first months in 1899; all directors were re-elected. The meeting fell on the 25th anniversary of Noble's election to the board. People: M. C. S. Noble The Chapel Hill Weekly, January 10, 1930, p. 1
    6. The Bank of Chapel Hill is named depository for the town's postal savings The federal government designated the Bank of Chapel Hill as depository for postal savings taken in at the Chapel Hill post office. Postmaster R. D. Herndon said the office had received $8,000 in postal savings in two or three months after the bank failures of 1930, mostly money withdrawn from out-of-town banks, and that deposits had fallen off as fear of the banks eased. The Chapel Hill Weekly, March 27, 1931, p. 1
    7. The Bank of Chapel Hill starts charging 50 cents a day on past-due notes Following other North Carolina banks and the advice of state banking commissioner Gurney Hood, the directors of the Bank of Chapel Hill adopted a service charge of 50 cents for each day a note was left unpaid after it fell due. Cashier M. E. Hogan said past-due notes counted against a bank in state examinations and cost much clerical work. People: Milton E. Hogan The Chapel Hill Weekly, November 6, 1931, p. 1
    8. Bank of Chapel Hill tells stockholders it lost nothing in 1931 At the annual stockholders' meeting, president M. C. S. Noble reported that 'not a dime' had been lost in the Bank of Chapel Hill. A directors' audit found its $766,000 in loans, with its branch the Bank of Carrboro, amply secured; deposits had fallen to about $1,120,000 while surplus rose to $100,000. People: M. C. S. Noble, Milton E. Hogan The Chapel Hill Weekly, January 15, 1932, p. 1
    9. The Bank of Chapel Hill closes for the national bank holiday and reopens Under the national and state orders, the Bank of Chapel Hill closed on March 6 and 7, reopened on March 8 for limited business, and resumed full banking on March 15, when deposits far exceeded withdrawals and the staff worked until about 11 at night. Merchants kept accepting checks and giving credit through the holiday, and the town theatre took checks for tickets. People: Milton E. Hogan The Chapel Hill Weekly, March 17, 1933, p. 1
    10. The Bank of Chapel Hill closes its Bank of Carrboro branch With the Carrboro mills idle and other business falling off, the Bank of Chapel Hill closed its Carrboro branch and moved its accounts to the parent bank. The branch cashier, W. E. Thompson, went with them. People: W. E. Thompson The Chapel Hill Weekly, April 21, 1933, p. 3
    11. The Bank of Chapel Hill begins charging for small checking accounts Following the North Carolina Clearing House Association under the federal bankers' code, the Bank of Chapel Hill on March 1 began charging 50 cents to $1 a month on checking accounts averaging under $100 and fees for cashing and collecting out-of-town checks. Merchants, students and faculty paid by state checks complained, and cashier M. E. Hogan defended the charges in a letter to the Weekly. People: Milton E. Hogan The Chapel Hill Weekly, March 2, 1934, p. 1
    12. Bank of Chapel Hill directors elect Clyde L. Eubanks vice-president The directors of the Bank of Chapel Hill elected Clyde L. Eubanks vice-president in place of the late Robert L. Strowd. At their meeting of June 5 they also spread a memorial to Strowd on their minutes. People: Robert L. Strowd The Chapel Hill Weekly, June 8, 1934, p. 1
    13. Bank of Chapel Hill stockholders set up a surplus fund to end their double liability Stockholders of the Bank of Chapel Hill adopted a resolution creating a surplus fund equal to the bank's common capital stock under a 1933 state law, so that on the commissioner of banks' order they would be freed of double liability if the bank were liquidated. A new state law in March ended double liability for stockholders of all state banks from July 1, 1935. People: M. C. S. Noble, Clyde Eubanks, Milton E. Hogan The Chapel Hill Weekly, January 11, 1935, p. 3
    14. W. E. Thompson succeeds Milton Hogan as cashier of the Bank of Chapel Hill The directors unanimously chose William E. Thompson to succeed Milton E. Hogan as cashier. He had been with the bank for thirteen and a half years, including some ten years as cashier of the Bank of Carrboro, a branch of the Bank of Chapel Hill, from 1923. People: W. E. Thompson The Chapel Hill Weekly, August 14, 1936, p. 1
    15. The Bank of Chapel Hill begins making personal loans at 6 per cent The Bank of Chapel Hill announced that it would make personal loans for up to a year at 6 per cent interest, repayable monthly, with no commissions or fees and the same security as its regular loans. The Weekly noted that commercial banks had shunned such loans, leaving borrowers to lenders charging 10 to 14 per cent or to loan sharks charging up to 40 or 50 per cent. People: M. C. S. Noble, W. E. Thompson The Chapel Hill Weekly, April 9, 1937, p. 1
    16. Clyde Eubanks becomes president of the Bank of Chapel Hill The directors of the Bank of Chapel Hill elected Clyde Eubanks president to succeed the late M. C. S. Noble, with Collier Cobb, Jr., as vice-president and Roland McClamroch as secretary. Eubanks had been a director for more than 35 years and secretary since 1910. People: Collier Cobb Jr., Roland P. McClamroch The Chapel Hill Weekly, July 3, 1942, p. 1
    17. Farmers in the Bank of Chapel Hill corn contest average 76.6 bushels an acre Twenty-six farmers completed the county corn-growing contest that the Bank of Chapel Hill sponsored with $100 in prizes, averaging 76.6 bushels an acre against an old county yield of about 20. A 17-year-old Hebron schoolboy won with 92.4 bushels, and farm agent Don S. Matheson credited hybrid seed, early nitrogen and shallow cultivation, estimating that the county's corn crop rose by 75,000 bushels. People: Don S. Matheson The News of Orange County (Hillsborough), December 19, 1946, p. 1
    18. The Bank of Chapel Hill launches a county corn-growing contest To lift Orange County corn yields, then about 20 bushels an acre, the Bank of Chapel Hill offered a $100 war bond and other prizes to the farmer, white or Black, who grew the most corn on one acre. Twenty-four farmers had entered by early May, with entries closing June 1. People: Garland O. Reitzel, Henry S. Hogan The News of Orange County (Hillsborough), February 7, 1946, p. 1
    19. Clyde Roberts wins the Bank of Chapel Hill corn growing contest The Bank of Chapel Hill sponsored a yearly corn contest with at least 50 entrants. In 1947 Clyde Roberts won with 93.3 bushels of N. C. Hybrid 26 on one acre, against a contest average of 61.9. People: Clyde Roberts Lefler and Wager, Orange County, 1752-1952 (1953), p. 237
    20. Dr. Braxton B. Lloyd, physician to Chapel Hill and Carrboro, dies Dr. Braxton Bynum Lloyd, 60, who had practiced medicine around Chapel Hill and Carrboro nearly all his life, died at his home near Carrboro four days after a heart attack. A director of the Bank of Chapel Hill, he was called by the university physician the man rural people would miss most, and he was buried in the Chapel Hill cemetery after a service at Carrboro Baptist Church. The News of Orange County (Hillsborough), March 27, 1947, p. 1
    21. J. L. Phelps wins the county corn contest with 136.4 bushels an acre In the 1948 Bank of Chapel Hill contest eleven growers topped 100 bushels an acre. The winner, with 136.4 bushels, was J. L. Phelps, from the county's sandy tobacco section. Lefler and Wager, Orange County, 1752-1952 (1953), p. 237
    22. The Bank of Chapel Hill opens a branch bank in Carrboro The Bank of Chapel Hill opened its Carrboro branch on Monday, May 24, 1948, giving the town banking service again for the first time since the old Bank of Carrboro branch closed. Hugh Nanney came from Rutherfordton to serve as cashier. The News of Orange County (Hillsborough), May 27, 1948, p. 3
    23. Druggist Clyde Eubanks receives the state pharmacists' Mortar and Pestle Award The North Carolina Pharmaceutical Association gave its annual Mortar and Pestle Award to Clyde Eubanks, a Chapel Hill druggist since 1892 who had served 25 years as alderman and was president of the Bank of Chapel Hill. Chancellor R. B. House, Congressman Carl T. Durham and Mayor R. W. Madry spoke in tribute at the University's pharmacy school. People: R. B. House, Carl T. Durham, Robert W. Madry The News of Orange County (Hillsborough), March 17, 1949, p. 1
    24. The Bank of Chapel Hill finishes an addition that doubles its banking house In the summer of 1952 the Bank of Chapel Hill finished a year-long enlargement: a rear extension that made the building 135 feet long, more than doubled the lobby, raised the tellers' windows from six to eleven and added vaults, safe deposit boxes, offices and air conditioning. Several hundred people toured it at an open house; the bank, chartered in 1898 and opened in 1899, then held about $7.4 million in deposits. People: Clyde Eubanks, Collier Cobb Jr. The News of Orange County (Hillsborough), August 7, 1952, p. 8
    25. Two armed men rob the Carrboro branch of the Bank of Chapel Hill Shortly before closing time two gunmen asked for change, then made the two employees on duty lie on the floor and took the cash and vault money, first estimated at $12,000 to $15,000 and later put at $9,085. A statewide alarm went out and the FBI joined the search, but a week later officers had no new leads. The News of Orange County (Hillsborough), July 29, 1954, p. 1
    26. Bank of Chapel Hill reports its assets passed $10 million The Bank of Chapel Hill told its stockholders that its assets had passed $10,000,000 during 1955, reaching $10,015,753 at year's end against $9,481,262 a year earlier. People: W. E. Thompson The News of Orange County (Hillsborough), January 19, 1956, p. 1
    27. The Bank of Chapel Hill merges into North Carolina National Bank At the close of business on September 27, 1963, the Bank of Chapel Hill, founded in 1899, became part of North Carolina National Bank. Its office at 137 East Franklin Street made Chapel Hill the twelfth city in the NCNB system. People: Collier Cobb Jr. The Chapel Hill Weekly, September 22, 1963, p. 1 · Also: Chapel Hill Weekly, September 25, 1963, p. 9; Chapel Hill Weekly, June 16, 1963, p. 8
    28. A new NCNB bank and office complex rises between Franklin and Rosemary Streets Work on the site of a new main office for North Carolina National Bank on East Franklin Street was under way by January 1970, and the bank announced a six-story building in March 1970. After townspeople protested its height, the bank switched in April 1970 to a three-story bank building on Franklin Street joined to a six-story office building on Rosemary Street, with a parking deck and a walkway over Rosemary. Its Franklin frontage took in the old Bank of Chapel Hill and the stores beside it. A developer, Plaza Associates, owned the complex and the bank leased its space. The bank was in its new building by April 1972, and the rest of the plaza was due to open in stages that fall. Bernard Lee Bryant Jr., Occupants and Structures of Franklin Street, Chapel Hill (1998; Chapel Hill Historical Society, 1999), scan p. 335 · Also: The Daily Tar Heel, January 14, 1970, p. 1; The Daily Tar Heel, March 15, 1970, p. 4; The Daily Tar Heel, April 4, 1970, p. 4; The Daily Tar Heel, April 14, 1972, p. 1; The Daily Tar Heel, September 14, 1972, p. 1

    Open these in the chronology →

    Research sources

    Sources cited in this site’s history, National Register documents, and places to get research help. Research guide: Research a business or a changing street.

    National Register files

    Historic sites, markers, and maps

    Records of the time 39

    Show all 39

    Collections and databases

    Local help 5

    Nearby

    Something wrong or missing on this page, a location, a date or a name? Suggest a correction or a source →

    Two mice reading back to back against a leaf, with the hand-lettered words Friends of the Orange County Public Library
    Illustration by Caldecott Medalist Matthew Cordell, gifted to the Friends 2026