Virginia City in Storey County, Nevada — The American Mountains (Southwest)
Bank of California
Historic Bank Site
—1864 – 1964 —
Here miners obtained the capital that financed the most spectacular boom in mining history. Nearly one billion dollars in gold and silver was mined from the neighboring hills, and much of it passed through these doors, to be stored in the vault now on display inside.
The bank also financed mining operations through other Nevada agencies at Gold Hill, Treasure City, Hamilton and White Pine.
The Virginia City Agency, the last of the Nevada offices, was finally discontinued by the Bank of California on July 1, 1917, after recording a permanent milestone in the history of the West.
The head office of the Bank of California today is located, as it was then, at 400 California Street in San Francisco.
the Centennial Celebration
of the State of Nevada and
The Bank of California
Erected 1964 by State of Nevada and the Bank of California.
Location. 39° 18.572′ N, 119° 39.005′ W. Marker is in Virginia Click for map. Marker is mounted on the north corner of the Ponderosa Saloon & Mine Building. Marker is at or near this postal address: 106 South C Street, Virginia City NV 89440, United States of America.
Other nearby markers. At least 8 other markers are within walking distance of this marker. William Sharon (here, next to this marker); Banner Brothers Building (a few steps from this marker); Col. Morris Pinschower Building (a few steps from this marker); The Nevada Bank of San Francisco (a few steps from this marker); The Millionaires Club (within shouting distance of this marker); Washoe Engine Co. No.4 (within shouting distance of this marker); V & T Car No. 13 (within shouting distance of this marker); The Great Fire of 1875 (within shouting distance of this marker). Click for a list of all markers in Virginia City.
Regarding Bank of California. William Sharon, a prominent San Francisco businessman served as the Nevada Agent for the Bank of California in Virginia City.
On April 1, 1996 the bank merged with Union Bank to form Union Bank of California, currently the third largest commercial bank in California
Also see . . .
1. Wikipedia Article on the History of the Bank of California. (Submitted on August 11, 2009, by Syd Whittle of El Dorado Hills, California.)
2. William Sharon. This Online-Nevada Encyclopedia article details William Sharon’s importance in Virginia City during the Comstock Mining Era. (Submitted on August 11, 2009, by Syd Whittle of El Dorado Hills, California.)
3. William Sharon – United States Senator. William Sharon was elected to the US Senate as a Republican and served from 1875 to 1881. (Submitted on August 11, 2009, by Syd Whittle of El Dorado Hills, California.)
Additional keywords. Banking, Comstock Mining Era
Categories. • Industry & Commerce • Notable Persons • Notable Places •
Credits. This page originally submitted on , by Syd Whittle of El Dorado Hills, California. This page has been viewed 938 times since then and 6 times this year. Photos: 1, 2. submitted on , by Syd Whittle of El Dorado Hills, California. 3. submitted on , by Brenton William Cooper(Renodesertfox) of Reno, Nevada. This page was last revised on June 16, 2016.