Burton State Bank
Burton, Washington County, Texas
Marker Inscription
Chartered in 1906, the Burton State Bank was founded by C. W. Homeyer (1855-1932), who also served as first bank president. Members of the first Board of Directors included Thomas Watson, H. Knittel, Ed Schatz, I. N. Carmean, W. Bauer, and O. A. Schatz. The Burton State Bank was closed during the Great Depression of the 1930s for three days, was found solvent, and reopened. The bank was located at this site from 1906 until 1965, when it was moved to a new building.
Erected by Texas Historical Commission
The Story
Chartered in 1906, the Burton State Bank served this small Washington County farming town under its founding president, C. W. Homeyer. When banks failed across the country during the Great Depression, Burton State closed for just three days, was examined and found solvent, and reopened—operating on this site until 1965.
Why it matters
Small-town banks like Burton State were the financial backbone of rural America, and its survival of the 1930s crisis is a local echo of the nationwide reckoning that reshaped American banking.
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Related people
- · C. W. Homeyer
Themes & tags
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