Monroe Bank
Encyclopedia
The Monroe Bank building is located at 117 Main Street in Woodsfield
Woodsfield, Ohio
Woodsfield is a village in Monroe County, Ohio, United States. The population was 2,598 at the 2000 census. It is the county seat of Monroe County and houses the Monroe County Courthouse.-Geography:Woodsfield is located at ....

, Ohio
Ohio
Ohio is a Midwestern state in the United States. The 34th largest state by area in the U.S.,it is the 7th‑most populous with over 11.5 million residents, containing several major American cities and seven metropolitan areas with populations of 500,000 or more.The state's capital is Columbus...

. The building was placed on the National Register of Historic Places
National Register of Historic Places
The National Register of Historic Places is the United States government's official list of districts, sites, buildings, structures, and objects deemed worthy of preservation...

 on March 11, 1980.

History

The building was built in 1903 and was the headquarters for Monroe County Bank. The bank was chartered 1874 by Colonel
Colonel (United States)
In the United States Army, Air Force, and Marine Corps, colonel is a senior field grade military officer rank just above the rank of lieutenant colonel and just below the rank of brigadier general...

 Samuel L. Mooney, with an initial capital of $50,000. For years it was the only bank in Monroe County
Monroe County, Ohio
Monroe County is a county located in the state of Ohio. As of the 2010 census, the population was 14,642. Its county seat is Woodsfield and is named for James Monroe, Secretary of State when the county was formed and later President of the United States....

. The fine crafted interior gave a glimpse of the bank's wealth to the its clients.

The bank acted as the main office for the O.R.&W. Railway from 1905 until it was purchased and moved out of state in 1917.

When Samuel Mooney died in 1916, his son William C. Mooney
William C. Mooney
William Crittenden Mooney was a U.S. Representative from Ohio. His parents were Colonel Samuel L. Mooney, a major figure in the development of Monroe County, and Martha Kirkpatrick.-Early life:...

 took over as President of the bank, but he died in 1918, leaving the Presidency open. J.D. Mooney took over as president and remained in that post for the remainder of the bank's operation. The bank remained one of the prominent business of Monroe County and seemed to weather the first years of the Great Depression
Great Depression
The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s...

 well, until 1931, when the bank was forced to close all of its branch locations, leaving just the location in Woodsfield open. However, the financial situation did not improve and was forced to close its doors 1933. The liquidation of the bank was a long and arduous one and lasted for years.

The bank housed various offices, including a few of the county officials, and even served as an apartment building. The bank is currently owned by Gary Rubel, who has renovated the bank back to its former glory and has rented out many of the offices inside.

Building Appearance

The building was constructed of rusticated
Rustication (architecture)
thumb|upright|Two different styles of rustication in the [[Palazzo Medici-Riccardi]] in [[Florence]].In classical architecture rustication is an architectural feature that contrasts in texture with the smoothly finished, squared block masonry surfaces called ashlar...

 stone blocks with the upper floors built with red brick on a primarily square footprint. The four-story building contains three entrances on the ground floor, two on the main facades and the third on a flattened corner. The entrances on the south facade are surrounded by Ionic columns, the entrance on the corner has a panel above the second floor windows reading "1903", with decorative scrollwork stone panels separating the second and third floors. Above the entrance on the south facade rises two large Corinthian columns with balconies and a balustrade panel bearing "1903" on the panel. This piece is part of what was once a complete balustrade running along the roofline.

In 2006 construction began on an observation deck giving panoramic views of Woodsfield. The octagonal room is lined with long windows and topped by a roof rising to a weathervane in the shape of a locomotive
Locomotive
A locomotive is a railway vehicle that provides the motive power for a train. The word originates from the Latin loco – "from a place", ablative of locus, "place" + Medieval Latin motivus, "causing motion", and is a shortened form of the term locomotive engine, first used in the early 19th...

.
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