June 29, 1863 – Bank reform continues as the First National Bank in Davenport opens for business two days before any other national bank in the U.S.

The National Panic of 1857 – combined with the move of the state’s capital to Des Moines – caused an economic crisis across Iowa City, which included the closure of our city’s largest bank – Cook, Sargent & Downey, with its main offices in Davenport.

A Day-by-Day Calendar of Historical Events In Iowa, William J. Petersen, State Historical Society of Iowa, 1946, p 61

READ MORE ABOUT THIS IOWA STORY

---

This Day In History is an Our Iowa Heritage blog series that offers you a little bit of Iowa trivia from a large selection of stories on our website. Subscribe to this FREE blog and you’ll get a new email from us daily.

Join us for Our Iowa Heritage blog posts.

Learn some historical facts about Iowa City, Johnson County, or Eastern Iowa.

Amaze your friends.

Click to learn more.

Click here to go on to the next date…