The Citizens’ Bank of Louisiana
Louisiana banknotes from prominent financial institutions circulated far and wide during the antebellum period. Chartered in 1833, the Citizens' Bank of Louisiana was the largest financial institution of its kind with an initial capitalization of $12 million, second only in the nation to the Second Bank of the United States. Ten-dollar notes from the Citizens’ Bank of Louisiana, their red backs printed with the French “dix” (“ten”), were familiarly known as “dixie” notes, leading to the belief that the term “Dixieland” derives from these Louisiana banknotes. This popular origin story has made “dixie” notes desirable among collectors and spurred numerous modern reproductions.