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33 - COMMERCIAL NATIONAL BANK OF BEEVILLE
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 1930s and was modernized and expanded in the 1950s. A new bank facility was added south of the original structure 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 Shop-ping Center, and in 1991 the First State Bank of Mathis was established as a branch bank.
prominent citizens have been associated with the bank, including state
legislators. The bank continues to support
and serve the community.
Updated Thursday, December 21, 2006 20:58
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