Historical Marker

Snyder National Bank

Snyder, Scurry County · Texas
Erected 1979

The bank has had two national charters. Records of national banks show the first, No. 7635, organized January 31, 1905, chartered March 7 and opened March 13, succeeding the private Snyder Bank. W. A. Fuller was president and F. J. Grayum the first cashier; Marshall Andrew Fuller was president from 1924. In 1934 a new national bank, charter 14270, was organized on August 27 and chartered September 27, succeeding the first and assuming its circulation. It became Community Bank of Snyder in November 2008 and merged into Oakwood Bank of Dallas on January 1, 2020.

What the plaque says

Snyder National Bank In 1890 F. J. Grayum began the Snyder Bank, a private institution, in his drugstore on the south side of the square. Although Snyder had no railroad and goods were shipped on wagons from Colorado City (25 mi. S), W. A. Fuller, a wealthy rancher, saw the need for a national bank to encourage business growth. Fuller and his associates bought out Grayum's bank. The Snyder National Bank opened on March 13, 1905, with Grayum serving on the first board of directors and as cashier. Fuller was president and E. W. Clark served as vice president. During the 1930s when many banks were closing, M. A. Fuller, who served as president from 1924-39, announced that he was bringing a plane loaded with cash into town. After unloading the sacks of money, Fuller invited the worried customers to withdraw their accounts. This dramatic move seemed to reassure the community and there was never a "run" on the bank. After operating for a short time from Grayum's Drugstore, the bank occupied several locations on the square before moving to this site in 1957. Through the years the bank has served as a stable financial force in the county. (1979)

Where it stands

32.71726, -100.91697 · Directions

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