First National Bank of Saint Jo
Saint Jo, Montague County, Texas
Marker Inscription
Saint Jo Bank opened April 7, 1892, with capital of $20,000. First located on Boggess Street on the town square, the bank obtained a federal charter in 1900 and became known as First National Bank of Saint Jo. H.D. Field succeeded C.C. Hemming as President in 1907 and served in that capacity until 1946. This building was erected in 1912 and was occupied by the bank in 1913. Over the years, the bank has attracted and supported local businesses. After nearly a century, it continues to serve the community. (1988)
Erected by Texas Historical Commission
The Story
The Saint Jo Bank opened in April 1892 with $20,000 in capital on the town square, gained a federal charter in 1900, and became the First National Bank of Saint Jo. Under president H. D. Field, who led it from 1907 to 1946, the bank put down deep roots in the community. This building, erected in 1912 and occupied the next year, housed a bank that went on serving local businesses for nearly a century.
Why it matters
A hometown bank was the engine of small-town commerce on the Texas plains, financing the farms and shops that let places like Saint Jo survive.
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Related people
- · H. D. Field
- · C. C. Hemming
Themes & tags
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