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Barnett Bank of South Florida, National Association (Miami, Fla.)
Bank records, 1964-1997
25.00 v. 3.75 cubic ft.
By record types(subject files, photographs, scrapbooks), then chronologically by years.
Terms Governing Use:
Westchester Bank of Dade County opened in June 1964 aiming to provide a complete banking service for residents of the populous Westchester suburban area. As one of the fastest growing banks in Dade County, Westchester Bank moved to its permanent location in July 1965 and expanded its facilities shortly thereafter. Westchester Bank became the first bank in Florida to inaugurate a visual audio teller system and experienced significant growth internally and externally. In 1963, Guy W. Botts was the President and CEO of the Barnett Banks. At that time, Florida's banking laws prohibited branch banking and kept the state's banks relatively small. In order to be competitive, Botts developed a 10-year plan for expansion and concentrated on developing a network of Banks throughout Florida. His approach was to use the existing holding company, Barnett National Securities Corporation, to acquire or establish banks in each of the 20 most populous counties in Florida.
In 1965, Botts announced a plan for Barnett National Securities Corporation, which had been a subsidiary of the Jacksonville bank, to become the parent company by purchasing the stock of the Barnett First National Bank of Jacksonville. This gave Botts greater flexibility in using the holding company to purchase additional banks. In 1969, Barnett National Securities Corporation became Barnett Banks of Florida, Inc.
The Westchester Bank, taken over by Barnett Banks of Florida, Inc. in 1972, assumed a new name: Barnett Bank at Westchester. In 1977, Barnett Bank of Miami Beach, Barnett Bank of Midway, Barnett Bank of Bay Harbor Islands, Barnett Bank of Westchester, and Barnett Bank of Miami merged to form Barnett Bank of Miami.
In July of 1981, Barnett Bank of Miami merged with Barnett Bank of Broward County and Barnett Bank of Homestead to form Barnett Bank of South Florida. By 1982, Barnett Bank of South Florida maintained the largest network of banking offices in Florida. Throughout the remainder of the 1980s, Barnett Banks of Florida, Inc. maintained its status as one of Florida's top holding companies. On April 24, 1987, Barnett Banks of Florida, Inc. became Barnett Banks, Inc.
In 1997 in a $15.5 billion dollar deal, which was the largest in the history of the banking industry at that time, Barnett Banks, Inc. was acquired by NationsBank. Subsequently, in 1999, NationsBank and BankAmerica merged to form a national bank, Bank of America.
The series documents the organization, operations and activities of Westchester Bank of Dade County, later Barnett Bank of South Florida. It consists of twenty-five scrapbooks containing Barnett Bank advertisements, newspapers articles, constituent correspondence, programs of events, invitations, bank pamphlets, brochures and hand-bills, employee photographs, magazine articles, stock reports, and various other memorabilia pertaining to Barnett Bank. The first three scrapbooks contain information on the Westchester National Bank of Dade County and several other Dade County banks: Miami Beach, Brickell, and Midway. The majority of the scrapbooks contain information on the Barnett Bank of Miami (1977-1981) and the Barnett Bank of South Florida (1982-1991).
Although the majority of the contents of the scrapbooks are repetitive and have little overall historical value, the collection shows the various advertising and marketing trends of Barnett Bank, its relationship with the public and media, and its influence on the political and financial arenas in Florida.
The contents of the scrapbooks do provide a history of the growth and expansion of Barnett Banks of Florida, Inc. in Miami and Dade County, beginning with the establishment of the Westchester Bank of Dade County, and eventual mergers with other Barnett Banks in South Florida. The scrapbooks also contain a pictorial history of Barnett Bank and its growth and development from 1964 to 1991.
The series also consists of subject files and photographs on Bank's activities in the 1970s and 1980s. Interesting topics of subject files include grand opening ceremonies of Barnett Bank of Miami Beach in 1975, memories album from 1975 to 1980, and certificates of appreciation from Metropolitan Dade County.
Volume listing available.
Additional Physical Form:
Location of Originals/Duplicates:
Researchers studying the expansion of Barnett Banks and the many acquisitions may wish to consult several other significant collections. These include: Collection M99-12, Barnett Banks, Inc., Bank Records, which contains extensive documentation of the history and overall operations and activities of the Barnett Bank of Jacksonville; Collection N2000-6, Barnett Banks, Corporate Communications Records, which includes extensive research files and discusses Barnett's expansion in the 1960s to 1990s; Collection N2000-12, Barnett Banks, Inc., Bank Affiliates Historical Records; Collection N2001-6, Barnett Historic Preservation Foundation, Inc. Oral Histories, Photographs, and Historical Records, which includes interviews about expansion policies and acquisitions; and Collection N2001-7, Barnett Banks, Inc. Corporate Records, which details expansion and acquisitions in a series of annual reports.
In addition, researchers may also wish to consult Collection N2000-23, Records of Allen L. Lastinger, Jr., COO and president of Barnett Banks, Inc. and Collection N2000-24 Records of Charles E. Rice, CEO of Barnett Banks, Inc.
There are also a large number of affiliated Barnett Banks including, but not limited to: Collection N2000-7, Barnett Bank of Avon Park (Fla.); Collection N2000-8, Barnett Bank of Ocala (Fla.); Collection N2000-10, Barnett Bank of Deland (Fla.); Collection N2000-11, Barnett Bank of Orlando/Winter Park; Collection N2000-13, Barnett Bank of Central Florida; Collection N2000-17, Barnett Bank of St. Johns; and Collection N2000-21, First Bank and Trust Company of Pensacola (Fla.).
This collection was arranged and described from materials obtained from Barnett Banks, Inc. when the Barnett Bank records were transferred to the Florida State Archives beginning in 1999 and continuing through 2001.
In terms of importance the primary series are: M99-5 First Florida Banks, Inc. Bank Records; M99-12 Barnett Banks, Inc. Bank Records (this is the Jacksonville Bank's records); N2000-6 Barnett Banks, Inc. Corporate Communication Records; N2000-12 Bank Affiliates Historical Records; N2000-23 Records of Allen L. Lastinger, Jr., COO and president of Barnett Banks, Inc.; N2000-24 Speech Files of Charles E. Rice, CEO of Barnett Banks, Inc.; N2000-26 Barnett People for Better Government; N2001-4 Public Relations and Advertising Records; N2001-6 Barnett Historic Preservation Foundation, Inc. Oral Histories, Photographs, and Historical Records; and N2001-7 Barnett Banks, Inc. Corporate Records.
The Barnett Family and Barnett Banks had a long and complex history, beginning in 1877 and lasting until 1998. Two books written by Barnett veteran, David J. Ginzl, provide an in-depth history of both the Barnett Family and Barnett Bank and the role Barnett Banks played in the development of banking in Florida. Barnett: The Story of "Florida's Bank" (University of Tampa Press / 428 pages) provides a thorough historical account of Barnett's development and Images of America: Barnett Bank (Arcadia Publishing / 128 pages) contains numerous historically significant photographs with brief narrative essays. These two books would be indispensable for researchers studying either the Barnett Family or the history of banking in Florida in the 20th Century.
Electronic Records Access:
Subject Access Fields:
Botts, Guy Warren, 1914-1993
Barnett Bank of Miami, National Association (Miami, Fla.) Barnett Banks Westchester Bank of Dade County. Barnett Bank at Westchester, National Association. Barnett Bank of Bay Harbor Island. Barnett Bank of South Florida, National Association (Miami, Fla.) Barnett Bank of Miami Beach. Barnett National Securities Corporation (Jacksonville, Fla.) Barnett Bank of Midway.
Banks and banking History Florida. Bank buildings Florida Bank mergers Florida
Photographs. aat Clippings. aat
Miami (Fla.) Miami Beach (Fla.) Dade County (Fla.)