Daniel Oscar Underhill
Daniel Oscar Underhill | |
|---|---|
| Born | circa 1845 |
| Died | Error: Need valid birth date (second date): year, month, day |
| Occupation | Banker |
| Known for | President of the Brooklyn Bank |
Daniel Oscar Underhill (circa 1845 – December 29, 1929) was a prominent American banker known for his leadership as President of the Brooklyn Bank. Prior to this role, he served as Assistant Cashier at Chase National Bank and dedicated thirty-nine years to the Fourth National Bank of New York. Additionally, he held the office of Vice President within the Underhill Society of America.
Biography
Underhill’s banking career commenced at the Fourth National Bank in 1895, where he initially held the position of Chief Clerk before advancing to Assistant Cashier. During his tenure, he addressed issues related to banking operations, including commentary on stamp taxes applied to checks. After nearly four decades at this institution, he transitioned to Chase National Bank, assuming the role of Assistant Cashier.
In 1908, Underhill was appointed President of the Brooklyn Bank when it resumed operations on June 23, following a suspension in October 1907. Recognized as one of Brooklyn’s most longstanding and conservative financial establishments, the bank retained most of its depositors despite the temporary closure. The influx of new deposits resulted in approximately $1.8 million in liquid assets. He maintained his presidency until approximately 1911.
His prominence in the financial sector was further demonstrated by his participation in a Union League Club event honoring financier James Graham Cannon.
Beyond his banking career, Underhill actively engaged in preserving the legacy of his Colonial ancestor, Captain John Underhill. He contributed to the establishment of a memorial at the Underhill Burying Ground located in Lattingtown, New York. His involvement is commemorated on the monument’s dedicatory plaque and was recognized during a reenactment held in 2008.