Midland in Midland County, Texas — The American South (West South Central)
Former Site of Midland National Bank
Bank offices were set up at this site in the Llano Hotel. Built in 1890, the two-story wooden hotel building was a gathering place for ranchers and businessmen. The bank occupied the lower floor of the hotel until 1909, when the structure, along with others in the downtown area, was destroyed by fire. The hotel was rebuilt on the same site, and the bank continued to lease office space.
By 1927 the principal business of the bank had shifted from agriculture to the emerging oil industry. A new three-story bank building was erected at the corner of Texas and Big Spring streets in 1953, and a nine-story tower was added in 1957.
Midland National and the Bank of the Southwest merged in 1968. In 1976 the bank moved to a new fourteen-story structure at 500 W. Texas. The name of the bank was changed to First City National Bank of Midland in 1983.
Erected 1988 by Texas Historical Commission. (Marker Number 1952.)
Location. 31° 59.864′ N, 102° 4.473′ W. Marker Click for map. Marker is on the northwest corner. Marker is in this post office area: Midland TX 79701, United States of America.
Other nearby markers. At least 8 other markers are within walking distance of this marker. Site of Midland County's First Bank (within shouting distance of this marker); John Valentine Pliska (about 500 feet away, measured in a direct line); Site of “The Staked Plains” (about 600 feet away); The Yucca Theatre (approx. 0.2 miles away); Brown-Dorsey House (approx. 0.2 miles away); Midland National Bank (approx. 0.3 miles away); W. F. Scarborough Home, 1908 (approx. half a mile away); Midland's First House (approx. 0.7 miles away). Click for a list of all markers in Midland.
Regarding Former Site of Midland National Bank. Midland National Bank was purchased by First City Bank Coorporation in the mid 1970's while retaining the Midland National Bank name. It later changed name to First City National Bank of Midland, then First City, Texas -Midland. When FDIC failed First City Banks, the Midland bank was purchased by Texas Commerce Bank but immediately the Dept of Justice forced TCB to sell the Midland bank. It was purchased by Ford Bank Group and re-chartered as Midland National
Categories. • Industry & Commerce •
Credits. This page originally submitted on , by Bill Kirchner of Tucson, Arizona. This page has been viewed 124 times since then and 4 times this year. Photos: 1, 2, 3. submitted on , by Bill Kirchner of Tucson, Arizona. • Bernard Fisher was the editor who published this page. This page was last revised on June 16, 2016.