Commercial National Bank
Marker No: 7146
Aluminum 27 x 42 Subject Marker
Geographic: 28.401470,-97.749153
Location: 100 South Washington Street, Beeville
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Marker Text: The Commercial National Bank of Beeville traces its history to January 1893 when several prominent citizens met to organize a financial institution. Elected as officers were Dr. L.B. Creath, A.G. Kennedy, John I. Clare, and D.C. Stone. The bank opened in May 1893 with a capital stock of $50,000.
Housed on the northwest corner of the courthouse square in a two-story brick edifice, the bank was successful from the beginning. Profits were posted from its first quarter of business, and by 1895 stockholders received a dividend of four percent. The bank building was remodeled in the 1930's and was modernized and expanded in the 1950s. a new banking facility was added south of the original structures in 1965 and included drive-in teller windows. A banking facility was added at Chase Field Naval Air Station in 1967. The main bank building added more space and drive-in windows in 1976 and 1982. A branch bank was added in 1985 at College North Shopping Center, and in 1991 the First State Bank of Mathis was established as a branch bank. Many prominent citizens have been associated with the bank, including state legislators. The bank continues to support and serve the community. (1997) |
