|
In
2002, First National Bank of Volga celebrated its 100th year of service
as an independent community bank. We are proud to serve the residents
of our area with their financial needs.
The bank's history began on
December 20, 1901, when a group of citizens of Brookings County met
to organize the First National Bank of Volga. Membership of the first
Board of Directors included George Morehouse of Brookings, and Frank
Secora, A. Melham, A.E. Whitney, and C.W. Smith, all of Volga.
George Morehouse
was elected President and C.W. Smith was elected Cashier of the Bank.
On January 20, 1902, the Comptroller of Currency at Washington, DC
issued a charter to The First National Bank of Volga to begin a general
banking business. The bank formally opened on February 5, 1902, and has
been in continuous operation since that time (on its original charter).
The first offices of the bank were in the area now occupied
as part of Metalworx. Later in 1902, the corner location of Kasan Avenue and Second Street was purchased and occupied. This building is now owned and occupied by Boyer Photography. The bank moved into its present facilities on December 18, 1967 and began operations in the new building on December 20, 1967.
On September 9, 1983, North Central Financial Services,
Inc., a one-bank holding company, purchased the majority of bank stock.
With this change, The First National Bank of Volga remains a separate
independent community bank. All bank decisions are made by a local
board of directors whose main interest lies in the well being of our
community and customers. On June 5, 2006, we opened a full-service
branch at 427 Eighth St. S. in Brookings to better serve our customers
who live and work in Brookings.
As the Oldest Bank in Brookings County, we heartily extend
our thanks to our established customers. We will bring our home town
banking practices to Brookings and invite new area residents and businesses
to visit with us about their financial needs.
|
|