Snyder National Bank


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Marker Number: 4971 
Marker Title: Snyder National Bank 
Index Entry: Snyder National Bank 
Address: 25th and Ave. R 
City: Snyder 
County: Scurry 
UTM Zone: 14 
UTM Easting: 320280 
UTM Northing: 3621542 
Subject Codes: BK 
Year Marker Erected: 0 
Designations: na 
Marker Location: Corner 25th and R, Snyder. 
Marker Size: 27" x 42" 
Repairs Completed:  
Marker Text: In 1890 F. J. Grayum began the Snyder Bank, a private institution,
 in his drugstore on the south side of the square. Although Snyder had no railroad 
and goods were shipped on wagons from Colorado City (25 mi. S), W. A. Fuller,
 a wealthy rancher, saw the need for a national bank to encourage business growth. 
Fuller and his associates bought out Grayum's bank. The Snyder National Bank opened 
on March 13, 1905, with Grayum serving on the first board of directors and as cashier.
 Fuller was president and E. W. Clark served as vice president. During the 1930s when 
many banks were closing, M. A. Fuller, who served as president from 1924-39, announced 
that he was bringing a plane loaded with cash into town. After unloading the sacks of money,
 Fuller invited the worried customers to withdraw their accounts. 
This dramatic move seemed to reassure the community and there was never a "run" on the bank.
 After operating for a short time from Grayum's Drugstore, the bank occupied several 
locations on the square before moving to this site in 1957. Through the years the bank
 has served as a stable financial force in the county. (1979)