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Citizens National Bank (henderson, Tx) history
Citizens National Bank (henderson, Tx) company history timeline
The first chartered bank in Texas was founded on Galveston Island in 1847.
Citizens National Bank was founded in 1868 as Ferris and Getzendaner, Attorneys at Law and Bankers.
The bank came into existence before Waxahachie was incorporated in 1871 and for many years was the only banking operation in North Texas.
On March 26, 1930, in the midst of the Great Depression, Citizens National Bank (CNB) opened for business with capital stock of $100,000 and a surplus of $50,000.
Since 1930, the bank has primarily been owned and led by four generations of the Singleton family.
Colonel M.E. Singleton headed the bank out of the grip of the Great Depression and helped double deposits in the eight years he served until his death in 1938.
He was honored by his children with the establishment of the M. E. Singleton Scholarship Trust in 1952 which has aided more than 700 students with an excess of $5 million in higher education financial assistance.
Artist: Mark English 1973
CNB began offering debit cards in 1999.
In 2010, CNB introduced Text Banking and Mobile Web Banking.
CNB continued expansion further into Central Texas with the purchase of Union State Bank in 2018.
On January 22, 2019, CNB changed our name to VeraBank, N.A.
In 2021, VeraBank purchased Panola National Bank which brought us into Carthage, TX.
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Citizens National Bank (henderson, Tx) competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Citizens Bank & Trust | - | $53.0M | 249 | 49 |
| First State Community Bank | 1954 | $54.0M | 230 | 32 |
| Farmers & Merchants Bank | 1907 | $70.0M | 815 | 98 |
| First Trust | 1991 | $57.6M | 200 | - |
| Teachers Credit Union | 1931 | $200.0M | 750 | - |
| The Farmers Bank | 1876 | $8.5M | 210 | 11 |
| Carter Bank & Trust | 1974 | $49.9M | 870 | 21 |
| Bank of Commerce Holdings | 1981 | $64.1M | 206 | 5 |
| Bank of Kirksville | 1913 | $20.0M | 90 | - |
| Belmont Savings Bank | 2009 | $103.3M | 133 | - |
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Citizens National Bank (henderson, Tx) may also be known as or be related to Citizens National Bank, Citizens National Bank (henderson, Tx) and Henderson Citizens Bancshares, Inc.