Farmers National Bank (Plain City, Ohio)

Farmers National Bank

Front of the bank
Location Southwestern corner of the junction of Main and Chillicothe Sts. in Plain City, Ohio
Coordinates 40°6′27″N 83°16′3″W / 40.10750°N 83.26750°W / 40.10750; -83.26750Coordinates: 40°6′27″N 83°16′3″W / 40.10750°N 83.26750°W / 40.10750; -83.26750
Built 1902
Architectural style Early Commercial
NRHP Reference # 95000168[1]
Added to NRHP March 9, 1995

Farmers National Bank is a bank building in the village of Plain City in Madison County, Ohio, United States. The bank is located at the intersection of State Route 161 and Chillicothe Street. Built in 1902, it was listed on the National Register of Historic Places in 1995.[1]

Early history

The Farmers National Bank of Plain City was organized on August 6, 1900,[2] with a capital stock of $25,000. In 1902, the bank built a brick building at the corners of what was then Post Road & Chillicothe Street. The building cost $15,289.27 to build,[3][4] The bank's first president was William Atkinson,[2][3] of whom an oil portrait hangs in the lobby. In 1907, C. F. Dutton became president, followed by Cephas Atkinson in 1914.[2] As of 1915, the bank held $263,670.79 in deposits, $40,073.99 in surplus and undivided profits, and $266,656.36 in loans.[2] In 1934, the company received FDIC deposit insurance.[5]

Recent history

In 1993, Farmers National Bank was purchased by Park National Corporation of Urbana, Ohio, and its name was changed to Citizens National Bank.[6] This change also saw the arrival of the bank's first computers, and the removal of the two .38 caliber revolvers kept behind the counter.[4] In 1995, the building was listed on the National Register of Historic Places,[1] and was featured on Union County's 'Bicentennial Homes and Buildings' tour in 2003.[4] In 2004, Mary Mitchell, the president at the time, retired after a 60 year career at the bank, starting as a teller in 1944.[3] In recognition of her career, Mitchell's portrait was hung on the wall of the lobby opposite Atkinson's. On July 20, 2009, Park National again changed the name from Citizens National Bank to Security National Bank. Currently, the branch manager is Dale Whitmer.[3]

The bank is regionally famous for having never been successfully robbed, although there was one unsuccessful attempt in 1934.[4] This is due in part to the lobby being separated from the tellers by a steel cage and 1 inch (25 mm) thick bulletproof glass.[4]

References

  1. 1 2 3 National Park Service (2009-03-13). "National Register Information System". National Register of Historic Places. National Park Service.
  2. 1 2 3 4 Bryan, Chester E., History of Madison County, Ohio, B.F. Bowen & Company, Inc., Indianapolis, Indiana, 1915, Pg. 256.
  3. 1 2 3 4 Harden, Mike, Smaller banks still thrive on service, The Columbus Dispatch, November 2, 2008
  4. 1 2 3 4 5 Holly Zachariah, A small town treasure, Columbus Dispatch, October 5, 2003
  5. ↑ FDIC.com, Key demographic information for The Farmers National Bank of Plain City
  6. ↑ Citizens National Bank - History
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