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Newfield Bancorp history
Newfield Bancorp company history timeline
A fire company was formed in 1908 and was housed in a small frame building on Catawba Avenue near Church Street.
In 1914 Dick Dyer opened a Squab Farm (pigeons) which was the largest of its kind in the world, on Church Street.
In April 1922, their application was approved and with $25,000 in capital, The First National Bank of Newfield opened for business.
On February 19,1924, two hundred and forty loyal Newfield residents braved the cold, damp, winter, weather and traveled to Trenton by Special Train and petitioned the legislature for Incorporation of the village of Newfield as a Borough.
The Rattan factory was the scene of a disastrous fire in the twenties and the Rug Mill burned to the ground in 1931.
The fire company was not able to save either business with the equipment they had and they purchased the first mechanized vehicle, a Reo Fire Pumper in 1931.
Rising like a phoenix from the ashes, The First National Bank in Newfield began business in August of 1934 with 1 branch and $50,000 in capital.
Adden Beckett’s Newfield Wood and Coal Company was also located in the “Y”, South of Pearl Street and was later purchased by Ralph Rambone who owned it until 1972.
© 2022 Borough of Newfield.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Conneaut Savings Bank | 1888 | $4.2M | 13 | - |
| Hancock County Savings Bank | 1899 | $20.0M | 99 | - |
| Andover Bank | 1884 | $8.5M | 50 | 8 |
| Kearny Bank | 1884 | $27.9M | 524 | 38 |
| Lowell Five Bank | - | $57.3M | 100 | - |
| Lyons National Bank | 1852 | $41.0M | 226 | 21 |
| Community Bancorp | 1851 | $41.5M | 134 | 23 |
| Fulton Bank | 1882 | $793.3M | 3,500 | 323 |
| First Trust | 1991 | $57.6M | 200 | - |
| Columbia Bank | 1993 | $630.2M | 2,260 | 589 |
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Newfield Bancorp may also be known as or be related to Newfield Bancorp, Newfield Bancorp, Inc and Newfield National Bank.