ABOUT US

 

FIRST NATIONAL BANK OF HUNTSVILLE OVER 100 YEARS OLD AND STILL SINGLE!

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 Starting out in 1841 as a family owned mercantile business in Huntsville, Texas, the "bank" emerged because a large safe in the back room served to hold money and to safekeep valuables for customers in good standing. By 1879, it had become a private bank.

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At that time in Texas, loosely organized private financial institutions were popular because Texans feared state or nationally chartered banks would remove wealth and power from local control. However, during the 1880’s, many private banks had failed and depositors lost their entire savings. So private banks and financial institutions were later viewed as dangerous.

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On January 14, 1890, the Gibbs National Bank was established. Banking activities generally consisted of safekeeping, credit extension, paying and receiving, and acting as a third party in completing financial transactions between two other parties. With the connotation of being the bank for the community, the name was changed to the First National Bank of Huntsville, in January 1923.

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Today, the Bank is still an independent community bank and has proven the ability to adapt and accept change and progress. Our service area was expanded on December 31, 1997, with the acquisition of Crockett State Bank; and again on October 15, 2004 with the acquisition of The National Bank of Madisonville. Serving Houston County is Crockett Bank and serving Madison County is The Bank of Madisonville. On June 16, 2008 we opened Robertson County Bank in Franklin, Texas. All three banks are divisions of First National Bank of Huntsville.