Historical Marker

First National Bank of Beeville

Beeville, Bee County · Texas
Erected 1992

The bank is easiest to read through its paper. The First National Bank of Beeville organized on January 13, 1890, and received national charter 4238 on February 20. L. B. Randall was president until 1909, with Berkley Ward Klipstein as cashier from 1890 to 1911 and president from 1912 to 1918. Its $10 and $20 notes came in 1882, 1902 and 1929 designs, 63,644 notes worth $790,270 at issue. Circulation peaked at $50,000 in 1910. Recorded resources were lowest at $133,592 in 1894 and highest at $1,500,747 in 1935.

What the plaque says

First National Bank of Beeville Beeville, the county seat of the Bee County since 1860, did not have a secure bank until 1890, when the First National Bank of Beeville opened for business. Prior to that year, the town's only banking facility was A.C. Jones' general store, where some area residents stored money under a loose floorboard behind the counter. The increases in population and trade volume brought by the arrival of the San Antonio & Aransas Pass and the Gulf, Western Texas & Pacific Railways in the late 1880s made the establishment of a bank necessary. In December of 1889 thirty investors met and organized the First National Bank of Beeville and elected A.C. Jones, Louis B. Randall, B.W. Klipstein, J.H. O'Connor, Viggo Kohler, J.C. Wood and J.R. Hoxie to the first board of directors. The First National Bank of Beeville operated on the courthouse square until 1894, when it relocated to the vicinty of the railroad depot. Functioning at that site for 66 years, the bank moved in 1960 and again in 1984 to be near major auto routes. It is one of the few banks in South Texas to have been independent and locally owned and operated for one hundred years. (1992)

Where it stands

28.40675, -97.73392 · Directions

Worth the stop nearby

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