This Day in History: 1957-03-04
The First National Bank and Trust Company opened its first branch, in Mahwah. It was Mahwah’s first bank. The first customer was Mrs. Yvette Bester of Malcolm Road. She opened a savings accounts and rented a safe deposit box. The opening was hailed in an editorial in the Ramsey Journal as indicating the growth of the Bank, which had been established on March 26, 1909, and of the growth of Mahwah itself. “The existence of banking facilities in a town insures its steady growth and the bank in turn grows with the community.” The bank had the latest equipment including an open counter rather than closed windows, a drive-in window and a night depository.