Banking & Finance
About (short): Originally chartered as Antlers National Bank in 1901, the bank’s name was changed to First National Bank in 1935. During that same year, depositors were often given stock in lieu of their money due to the Great Depression, the majority of which stock was spread throughout the local community. From 1992 to 2002, the Burrage family acquired all of the bank’s outstanding shares, which resulted in the nationally chartered First National Bank becoming the state-chartered FirstBank.
Services: Personal (checking, CDs, etc.) and business (checking, savings, etc.) banking, personal (home, auto, etc.) and business (commercial/business, equipment financing, etc.) loans, and selling assets (residential/commercial, auto, and recreational)
Availability: Brick-and-mortar and online
History:
The history of FirstBank began in 1901, when the Antlers National Bank was chartered. In 1906, the bank moved to the location where FirstBank in Antlers still operates today. During the 1920’s, there were three banks in Antlers: Antlers National Bank, Farmers Exchange Bank and Citizen’s National Bank. Antlers National Bank acquired Citizen’s, leaving two banks in the community. In 1935, during the depression many depositors of Antlers National Bank were given stock in lieu of their money. Two of those receiving stock were Oliver Wood, Roberta Burrage’s great uncle, and Robert Wood Sr., Roberta’s grandfather, who each received one hundred ninety shares out of ten thousand total shares. The remaining shares were spread throughout the community. That same year Antlers National Bank changed its name to First National Bank of Antlers… Read more
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