COLUMBUS  Georgia 

The Bank of ST MARY'S 

$10        Nov. 16, 1846 

Haxby GA-265 G38a

3 POCs

  • Founded in St. Marys, Georgia, the bank was later relocated to Columbus around 1842, under the leadership of John G. Winter, a prominent businessman and Unionist who later became mayor of Columbus.

  • The bank operated from 1841 to 1852, issuing currency and bills of exchange, some payable at Winter’s office in New York—a rare cross-state financial arrangement for the time.

  • It played a key role in facilitating trade and commerce in Georgia’s growing cotton economy, especially in Columbus, which was a major Chattahoochee River port and industrial center.

    • The Bank of St. Mary’s suspended specie payments in 1852, leaving $350,000 in outstanding notes, which led to widespread distrust in its paper currency.

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