Details for Security Bank and Trust Company (Atlas Number 5481004631)

Historical Marker — Atlas Number 5481004631

Data

Marker Number 4631
Atlas Number 5481004631
Marker Title Security Bank and Trust Company
Index Entry Security Bank and Trust Company
Address Milam and Fulton St.
City Wharton
County Wharton
UTM Zone 14
UTM Easting 781651
UTM Northing 3245533
Subject Codes banks, bankers, banking topics; Jewish topics
Marker Year 1988
Designations
Marker Location Corner of Milan and Fulton St., Wharton
Marker Size 27" x 42"
Marker Text The Security Bank and Trust Company traces its history to the Wharton National Bank. The second banking institution to open in the city, the Wharton National Bank was organized in 1902, and closed in 1915. Following reorganization, the bank reopened in January 1916 as Security Bank and Trust Company. A State of Texas charter was granted in May 1918. The first officers of the Security Bank and Trust Company were A. A. Mullins, R. J. Wright, Tom Brooks, and E. Hawes, Sr. The institution's board of directors counted among its member's civic leaders and prominent businessmen of the community, including G. A. Harrison, T. Gordon, and G. H. Northington, Sr. The Security Bank and Trust Company has been an important part of Wharton's history since its opening, and has contributed to the community in many ways. Its directors were instrumental in the organization of major civic activities, including the Wharton County Youth Fair, and the bank was a catalyst in the founding of Wharton County Junior College. Security Bank and Trust continues to serve Wharton and the surrounding communities, actively maintaining an involvement in civic projects.