Waggoner National Bank of Vernon
| Private company | |
| Industry | Banking |
| Predecessor | R.C. Neal Banking Company |
| Founded | 1899 |
| Founder | William Thomas Waggoner |
| Headquarters |
Vernon Electra, 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 |
The Waggoner National Bank of Vernon is a historic local bank in Vernon and Electra, Texas.
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
- 1 2 3 Official website: Bank History
- 1 2 Bloomberg BusinessWeek: Waggoner National Bank of Vernon
- ↑ Preston Cary, Vernon, Arcadia Publishing, 2013, p. 28
- ↑ Official website: Locations
- ↑ Electra Chamber of Commerce and Agriculture
- 1 2 Official website: Board of Directors