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 First State Bank of Rankin
N 31° 13.530 W 101° 56.332
14R E 220042 N 3458317
An historic marker at 10th and Main Street in downtown Rankin recalls the history of Rankin's first bank.
Waymark Code: WMK9PF
Location: Texas, United States
Date Posted: 03/05/2014
Views: 5
The First State Bank of Rankin opened shortly after the oil boom started here, and is still in business. This marker is on a pole in front of the bank at 10th and Main Street in downtown Rankin.
Marker Number: 1872
Marker Text:
Founded in 1911 on the Kansas City, Mexico & Orient Railroad, the town of Rankin saw four immense oil fields discovered in its trade area in 1923-1926. Local business expanded greatly. The first state bank of Rankin -- Upton County's first financial institution -- opened June 4,1927. Original officers were John F. Lane, business and civic leader, president; J. P. Rankin, rancher, vice president. Directors: Harry Baldwin, oil man; T. J. Murphy, Rancher; G. W. Newberry, merchant; W. M. Noelke, rancher; B. S. Taylor, merchant. W. H. Holcombe served as the bank's first cashier. (1977)
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