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Marion in Guadalupe County, Texas marion state bank marion tx The American South (West South Central)

 

 

 

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Marion State Bank. The town of Marion began in the 1870s as a marketing and shipping point on the Galveston, Harrisburg and San Antonio rail line. It grew steadily and, in the early twentieth century, began to develop as an important commercial center for the area. A cotton gin opened in 1904, followed soon by an electric plant and a telephone company. As part of that progress, Marion State Bank received a charter on October 26, 1906. H.D. Dreyer served as the first president, with Dr. Louis Hirschfeld as vice president and Henry Wimmer as cashier and secretary; all were directors. The other initial directors were L. Kuehler, W.J. Schneider and Arlon B. Davis. Marion State Bank began operation in the first floor rear area of the H.D. Dreyer building, which also housed the Waldorf Club, a local saloon. The bank purchased the property in 1910 and moved to the front part of the building. It remained at that site until 1987, when it relocated to new facilities here. Marion State Bank was among the first state chartered banks in Texas, and it remains one of the state’s oldest community-based financial institutions. Throughout its history, it has been a key player in area development, serving Marion and nearby communities Zuehl, New Berlin and Santa Clara. The institution has paid dividends regularly to its investors over the years, even during the Great Depression. Today, Marion State Bank serves as a reminder of the area’s early history, as well as its steady growth and development. As with its founding, the bank continues in service as a hometown institution. This historical marker was erected in 2006 by Texas Historical Commission. It is in Marion in Guadalupe County Texas

 The town of Marion began in the 1870s as a marketing and shipping point on the Galveston, Harrisburg & San Antonio rail line. It grew steadily and, in the early twentieth century, began to develop as an important commercial center for the area. A cotton gin opened in 1904, followed soon by an electric plant and a telephone company. As part of that progress, Marion State Bank received a charter on October 26, 1906. H.D. Dreyer served as the first president, with Dr. Louis Hirschfeld as vice president and Henry Wimmer as cashier and secretary; all were directors. The other initial directors were L. Kuehler, W.J. Schneider and Arlon B. Davis.

Marion State Bank began operation in the first floor rear area of the H.D. Dreyer building, which also housed the Waldorf Club, a local saloon. The bank purchased the property in 1910 and moved to the front part of the building. It remained at that site until 1987, when it relocated to new facilities here.

Marion State Bank was among the first state chartered banks in Texas, and it remains one of the state’s oldest community-based financial institutions. Throughout its history, it has been a key player in area development, serving Marion and nearby communities Zuehl, New Berlin and Santa Clara. The institution has paid dividends regularly to its investors over the years, even marion state bank marion tx the Great Depression.

Today, Marion State Bank serves as a reminder of the area’s early history, as well as its steady growth and development. As with its founding, the bank continues in service as a hometown institution.
 
Erected marion state bank marion tx by Texas Historical Commission. (Marker Number 13610.)
 
Topics. This historical marker is listed in this topic list: Industry & Commerce. A significant historical date for this entry is October 26, 1906.
 
Location. 29° 34.225′ N, 98° 8.651′ W. Marker is in Marion, Texas, in Guadalupe County. Marker is at the intersection of West San Antonio Street (Farm to Market Road 78) and South Cunningham Street, on the right when traveling east on West San Antonio Street. Touch for map. Marker is at or near this postal address: 301 W San Antonio St, Marion TX 78124, United States of America. Touch for directions.
 
Other nearby markers. At least 8 other markers are within 9 miles of this marker, measured as the crow flies. St. Paul Church (approx. 5 miles away); Cibolo (approx. 5½ miles away); Schertz Historic Site (approx. 7 miles away); a different marker also named Schertz Historic Site (approx. 7.1 miles away); Comal Community (approx. 7.1 miles away); Carl Heinrich Guenther (approx. 7.9 miles away); The New Braunfels Cemetery (approx. 7.9 miles away); West End Park and Dance Hall (approx. 8.1 miles away).

 

 
Credits. This page was last revised on July 29, 2020. It was originally submitted on July 29, 2020, by Larry D. Moore of Del Valle, Texas. This page has been viewed 59 times since then and 17 times this year. Photos:   1, 2. submitted on July 29, 2020, by Larry D. Moore of Del Valle, Texas.

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Established in 1906, Marion State Bank is a community state bank operating across Texas. Located in Marion, Texas, the financial institution offers a range of personal as well as business banking products and services. Some of the bank s products include personal/business checking and saving accounts, money market accounts, Certificate of Deposits and Individual Retirement Accounts. Its offers loans for agriculture, real estate, commercial, marion state bank marion tx and consumer purchases. Marion State Bank is a member of the Federal Deposit Insurance Corporation (FDIC) and is an Equal Housing Lender.

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http://www.marionstatebanktx.com

https://www.marionstatebanktx.com

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