Midland National Bank

Midland National Bank (HM1MEB)

Location: Midland, TX 79701 Midland County
Country: United States of America
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N 31° 59.942', W 102° 4.8'

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Inscription
Organized on August 22, 1902, in Odessa as Odessa National Bank, this institution began with an initial capital of $25, 000. Less than one year later the bank's shareholders voted to relocate to Midland and the institution became Midland National Bank. The bank set up offices in the Llano hotel building at the corner of Wall and Main Street. Early leadership for the institution was provided by such prominent people as D.W. Brunson, Andrew Fasken, and Ralph Barron.

With its business largely dependent upon the cattle industry, the bank served its customers until a prolonged drought caused an economic crisis which led to its reorganization in 1923. By 1927 the oil industry had become the major business of the bank. Throughout the subsequent "boom and bust" years of the oil business, the bank has continued operations.

A new three-story bank building was erected in 1953 on the corner of Texas and Big Spring, and a nine-story tower was added four years after. In a continued period of growth, the bank merged with the Bank of the Southwest in 1968. A new fourteen-story building was completed at this site in 1976. In 1983 the bank's name was changed to First City National Bank of Midland.
Details
HM NumberHM1MEB
Tags
Marker Number3368
Year Placed1988
Placed ByTexas Historical Commission
Marker ConditionNo reports yet
Date Added Friday, July 31st, 2015 at 10:03am PDT -07:00
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Locationbig map
UTM (WGS84 Datum)13R E 775865 N 3544055
Decimal Degrees31.99903333, -102.08000000
Degrees and Decimal MinutesN 31° 59.942', W 102° 4.8'
Degrees, Minutes and Seconds31° 59' 56.52" N, 102° 4' 48" W
Driving DirectionsGoogle Maps
Area Code(s)432
Which side of the road?Marker is on the right when traveling West
Closest Postal AddressAt or near 580 W Texas Ave, Midland TX 79701, US
Alternative Maps Google Maps, MapQuest, Bing Maps, Yahoo Maps, MSR Maps, OpenCycleMap, MyTopo Maps, OpenStreetMap

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