Waggoner National Bank of Vernon
Type | Private company |
---|---|
Industry | Banking |
Predecessor | R.C. Neal Banking Company |
Founded | 1899 |
Founder | William Thomas Waggoner |
Headquarters | , United States of America |
Area served | Texas |
Key people | J. Michael Terrell President & CEO |
Products | Consumer banking, corporate banking |
Subsidiaries | Vernon Bancshares, Inc. |
Website | wnbvernon.com |
The Waggoner National Bank of Vernon is a historic local bank in Vernon and Electra, Texas, in the United States.
History[]
The bank was chartered by the United States Department of the Treasury on July 3, 1899.[1][2] It was the result of a former local bank founded by Mr R.C. Neal in Vernon in 1893 named the R.C. Neal Banking Company.[3] Its founding President was William Thomas Waggoner, the owner of the Waggoner Ranch, who served in this capacity for a duration of eight years, from 1899 to 1907.[1] The founding Vice President was L.G. Hawkins, after whom the local Hawkins Elementary School is named.[1]
The bank is present both in Vernon in Wilbarger County and Electra in Wichita County.[4] It is a member of the Electra Chamber of Commerce and Agriculture.[5] It also operates the subsidiary, Vernon Bancshares, Inc..[2]
Its board of directors includes fifteen members.[6] The President and Chief Executive Officer is J. Michael Terrell.[6]
References[]
- ^ a b c Official website: Bank History
- ^ a b Bloomberg BusinessWeek: Waggoner National Bank of Vernon
- ^ Preston Cary, Vernon, Arcadia Publishing, 2013, p. 28 [1]
- ^ Official website: Locations
- ^ Electra Chamber of Commerce and Agriculture
- ^ a b Official website: Board of Directors
- 1899 establishments in Texas
- Banks based in Texas
- Wilbarger County, Texas
- Wichita County, Texas
- Banks established in 1899
- Texas stubs
- Bank stubs