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 The Comptroller of Currency granted permission to establish The First
National Bank of Coleraine on the 20th of June, 1906. Chartered by a
Teddy Roosevelt Rough Rider named John C. Greenway (1872 - 1926),
The First National Bank of Coleraine served residents and businesses,
most of whom worked in or supplied open-pit ore mines. The first Board
of Directors included: Thomas F. Cole, Daniel M. Gunn, Chauncey A.
McCarthy, Michael Curley, and John C. Greenway.
John C. Greenway was an innovative miner, engineer, patent holder, and
the first president of FNBC. Greenway's longtime friend, Theodore
Roosevelt, said Greenway was one of two or three men to whom he
turned when there was a need to find a man for a duty of particular
hazard or peculiar responsibility. Greenway had served as a lieutenant
in Roosevelt's Rough Riders and the bond between the two rugged
individualists increased over time.
A eulogy in the New York Herald Tribune reported, "When Greenway
came upon the field of athletics or war, confidence ran through team or
regiment. To know why, to analyze the reasons, would be to analyze life
itself, but some of the component elements all men know -- courage,
leadership, common sense, unselfishness, loyalty, & mercy. All these
Greenway had." And all of which, we carry forward today at The First
National Bank of Coleraine.
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