Collin County National Bank - McKinney
Following the close of Texas National Bank in 2011, the historical marker was moved to the original location of the bank. In 2012 the site is McKinney City Hall.
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TEXAS AMERICAN BANK/McKINNEY N. A.
FORMERLY THE COLLIN COUNTY NATIONAL BANK THIS FINANCIAL INSTITUTION WAS ORGANIZED ON MAR. 13, 1883, BY A NUMBER OF McKINNEY'S PROMINENT CITIZENS AND BUSINESS MEN. AMONG THOSE FINANCIAL PIONEERS WERE JAMES W. THROCKMORTON, WHO HAD SERVED AS GOVERNOR OF TEXAS IN 1866 AND 1867; G. A. FOOTE, THE BANK'S FIRST PRESIDENT; H. M. MARKHAM, VICE PRESIDENT; W. l. BOYD, CASHIER, DIRECTORS I. D. NEWSOME, Z. E. RANNEY, J. A. ASTON FROM FARMERSVILLE, AND H. A. RHEA FROM THE RHEA MILLS COMMUNITY; AND AREA LEADERS J. S. WHITE, T. B. WILSON, T. C. GOODNER, T. H. MURRAY, E. M. McAULEY, AND G. A. WILSON. WITH AN INITIAL $75,000 IN CAPITAL STOCK, COLLIN COUNTY NATIONAL BANK GREW STEADILY DURING ITS EARLY YEARS AND BECAME A LEADER IN THE FINANCIAL COMMUNITY. THE BANK WAS HOUSED FIRST ON THE SOUTHEAST CORNER OF THE COURTHOUSE SQUARE. IT REMAINED AT THAT LOCATION UNTIL JAN. 7, 1932, WHEN IT MOVED INTO THE FIRST NATIONAL BANK BUILDING ON THE EAST SIDE OF THE SQUARE. IN 1856, LARGER FACILITIES WERE NEEDED, RESULTING IN THE CON- STRUCTION OF A NEW BUILDING AT 222 N. TENNESSEE STREET. THROUGHOUT ITS HISTORY, THIS FINANCIAL INSTITUTION HAS PLAYED A VITAL ROLE IN THE GROWTH AND DEVELOPMENT OF McKINNEY AND COLLIN COUNTY. Texas Historical marker, 1984 |