First National Bank in Big Spring

Historical marker location:
Big Spring, Texas
( 400 Main Street, Big Spring)
Marker installed: 1990
Marker size: 27" x 42"

Marker
© OpenStreetMap contributors

Chartered on April 19, 1890, the First National Bank of Big Spring opened for business on the first floor of a two-story building at the northwest corner of Second and Clinton (now Main) streets with an initial capital of $50,000. The post office occupied the south side of the building until 1927; the remaining space was rented to a variety of tenants. West Texas National Bank, chartered on February 28, 1903, opened in a building on the northeast corner of Second and Main, and in 1909 began construction of a new building on the southeast corner of Second and Main. The 1920s were prosperous years for the local banks, but the Depression of the 1930s brought hard times to both institutions. In 1934 the two banks merged and became the First National Bank in Big Spring. The new institution occupied the former West Texas National Bank building at the southeast corner of Second and Main. In 1963 the bank moved to new facilities at the southwest corner of Fourth and Main. Pioneer ranching families involved with the early banks and the merger made a lasting contribution to the growth and prosperity of Big Spring.

(1990)

As one of the most visible programs of the Texas Historical Commission (THC), historical markers commemorate diverse topics in Texas history, including: the history and architecture of houses, commercial and public buildings, religious congregations, and military sites; events that changed the course of local and state history; and individuals who have made lasting contributions to the state, community organizations, and businesses.

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The Alamo, a mission in San Antonio, is perhaps the most famous historical site in Texas. It was the site of a key battle during the Texas Revolution in 1836.
Howard County, Texas was officially established on August 21, 1876, named after Volney Erskine Howard, a prominent early settler. The area had previously been inhabited by various Native American tribes, including the Comanche and Apache. The arrival of Anglo settlers in the mid-19th century led to conflicts with these tribes, as well as the occasional raid by outlaws.

During the late 19th and early 20th centuries, Howard County experienced a surge in population and development. Railroads played a crucial role in this growth, with several lines passing through the county, including the Texas and Pacific Railroad. These railroads not only brought people and goods to the area but also opened up opportunities for economic expansion, especially in agriculture and ranching.

The county's economy primarily relied on cotton during this period, with a significant number of cotton farms operating in Howard County. However, the agricultural sector faced several challenges, such as droughts and the Great Depression, which led to a decline in cotton production and a subsequent shift towards other types of farming.

In more recent years, Howard County has seen further diversification of its economy. The discovery of oil and gas reserves in the area led to an influx of energy companies, which provided jobs and contributed to the county's economic growth. Today, Howard County remains an important center for oil and gas production in Texas, while also cultivating a growing healthcare and tourism industry.

This timeline provides a condensed summary of the historical journey of Howard County, Texas.

  • 1876 - Howard County is officially organized and named after Volney E. Howard, a Texas congressman.
  • 1877 - The first post office is established in the county.
  • 1890 - The population of Howard County reaches 862 residents.
  • 1907 - The Kansas City, Mexico and Orient Railway is completed, passing through Howard County.
  • 1927 - Howard County experiences a major oil boom, leading to increased economic growth.
  • 1942 - Big Spring Army Air Force Bombardier School is established in Howard County during World War II.
  • 1953 - The construction of the Big Spring Airpark begins.
  • 1960 - The population of Howard County reaches its peak at around 35,000 residents.
  • 1980 - Howard County experiences another significant oil boom, contributing to economic prosperity.
  • 1998 - A tornado strikes Howard County, causing severe damage to homes and infrastructure.
  • 2010 - The population of Howard County stands at approximately 35,000 residents.