Local News

Wells Fargo marks 100 years for Petersburg bank

A bank in Petersburg is celebrating 100 years in the community. Officials with Wells Fargo are marking the centennial.

It was originally the bank of Petersburg and was incorporated in September of 1914 with a capital stock of 25-thousand dollars, according to the company. In 1972 the bank of Petersburg merged with National Bank of Alaska. James Taylor was president of the Bank of Petersburg at that time while Elmer Rasmuson was chairman of the board for the National Bank of Alaska. NBA merged with Wells Fargo in 2000.

Photo Elizabeth Jenkins/KFSK

Photo Elizabeth Jenkins/KFSK


Joseph Lanham was branch manager in Petersburg from 2001 through 2005 and is now district president based in Ketchikan. He stopped by the KFSK studios Wednesday afternoon and spoke with Joe Viechnicki about this month’s celebration.
12BANKweb

Recent News

Petersburg schools open Monday with enrollment up

highschoollockers
Students head back to class Monday, August 29 in Petersburg as the new school year gets underway. Enrollment numbers have increased in two of the three schools and the district welcomes several newcomers to its faculty. more

Court battle continues, two years after Petersburg home demolished

Homeowners Karen Ellingstad and Fred Triem took down the home at 1011 Wrangell Avenue in 2014.
The legal battle continues over a demolished home on Wrangell Avenue in Petersburg. The structure was taken down in 2014 after the borough declared it a dangerous home. The owners of the home are appealing last year’s court ruling in favor of the Petersburg borough and have filed another suit challenging borough staff visits to the property in preparation for demolition. more