06/28/2026
Among the early settlers who made major contributions to the prosperity and civil life in Southern California, were the first Jewish pioneers to arrive in this area. My column written for the Southern California News Group appearing on June 23, 2026 was about one of these esteemed leaders who made a name for himself in the city of San Bernardino. His name was Lewis Jacobs.
SB’s first banker drew clients from L.A. and San Diego
As families began to pour into Southern California after the war between Mexico and the United States came to a close in 1848, opportunities for young men of ambition and ability became endless. On a local level, perhaps no one exemplified that “American Dream” more than a young man named Lewis Jacobs.
Born in Prussia in 1831, Jacobs left his homeland and headed for New York in spring 1851. With only a few dollars in his pockets, the adventurous 19-year-old crossed the continent and joined the rush to the Northern California gold fields.
Within a few months, the frustrated miner came to the conclusion the real winners in the search for the elusive pot of gold were those wise enough to switch occupations before it was too late.
Jacobs stopped in San Francisco where he booked a passage to San Pedro and, deciding to try his luck as a traveling salesman, shouldered his pack and walked more than 50 miles to San Bernardino in 1852.
Upon arrival, he found the young Mormon colony, settled just the year before, and located inside a stockade erected as protection against a rumored Native American uprising.
Lewis Jacobs (Courtesy of the San Bernardino Historical and Pioneer Society)
Obviously recognizing the struggling settlers had little money, Jacobs carried on his business by barter and exchange, taking butter, eggs, and produce as payment for his goods, which he then hauled by ox team on a three-day journey to Los Angeles, which helped introduce some hard currency in San Bernardino’s economy.
Fortunately, the raid never materialized and, before long, Jacobs opened up a mercantile store, perhaps the first such business outside the fort near Grafton Street, what is Arrowhead Avenue today, and Fourth Street. He also expanded into other commercial endeavors, running a sawmill and a shingle operation in which he partnered with Louis Glazer in 1854.
After the Mormon recall back to Salt Lake City in late 1857, where roughly 60% of the residents answered the call, a mixed bag of new arrivals moved into San Bernardino.
Jacobs, a man of great courage and foresight, soon branched from merchandising into banking. After operating his dry goods store for six years, in 1858 Jacobs turned it over to his partners, the Meyersteins. He then started the Bank of San Bernardino in a small one-story adobe building on Grafton, just south of his former store.
Jacobs proved himself to be an astute financial adviser. The Temple Bank, the only other Southern California financial institution, was slow in reaching to the East Coast. Jacobs was quick to establish New York and Philadelphia ties and was able to handle eastern drafts at favorable rates.
The public so appreciated the shrewd businessman’s service that the Bank of San Bernardino was soon luring clients from Los Angeles and from as far away as San Diego and he had a big role in developing some major pioneer enterprises within what is now known as the Inland Empire.
Through Jacobs’ work, the California Southern Railroad, today’s BNSF Railway, linked San Bernardino with San Diego and later with the advancing Atlantic and Pacific at Barstow.
Other works made possible through loans and other assistance from Jacobs’ bank included irrigation projects for Riverside and the Bear Valley Dam, the Arizona Stage Line linking San Bernardino with Prescott and Tucson, the burgeoning citrus industry, the electrification of San Bernardino’s horse drawn streetcar line, and the initial capital for developing the town of Redlands.
After a few years, Jacobs moved his flourishing banking business into one of the first two-story brick structures in town at the northeast corner of Fourth and D streets. He later put up a building on Third Street that would be the bank’s final home.
When his health declined in early 1900, Jacobs turned over the operation of the bank to his son-in-law, Oscar Newburg, who would run it for a few more years until legislative restrictions on private banks forced it to liquidate.
With a daughter by his side, Jacobs set sail for Europe that spring to visit the home in Germany he had left 49 years earlier. He didn’t survive the return voyage.
Applauded for his active participation with San Bernardino’s civic affairs, Jacobs was one of the founders of Paradise Lodge, the local chapter of the benevolent Jewish order B’nai B’rith. He also helped establish the Home of Eternity Cemetery, the oldest Jewish burial grounds in continuous use in Southern California, which opened in 1861.
A poor immigrant youth when he left Prussia, Jacobs died a wealthy man. His modest fortune had come from service to a community he helped build.