Sealy in Austin County, Texas — The American South (West South Central)
Citizens State Bank
Sealy developed on the Gulf, Colorado and Santa Fe railway in 1879. Cotton, rice, corn, cattle and related agricultural businesses supported a quickly-growing economy. In 1907, F.W. Hackbarth, Jr. and his son, John Hackbarth, developed commercial buildings along Main Street, and on May 20, 1907, Citizens State Bank formed and occupied the southwest corner of the John Hackbarth building. R.A. Engelking, a successful businessman who was also president of the Sealy Oil Mill Co., was the first bank president. Citizens State Bank opened with capital of $25,000 and assets of $46,000, and in 1917 relocated across the street to the southeast corner of Main and Fowlkes Streets.
Citizens State Bank was able to survive money panics and the Great Depression. By the 1930s, Farmers National Bank and Sealy National Bank had closed, leaving Citizens State Bank as the only bank in Sealy. Engelking served as bank president from its organization until 1938. By 1939, capital had grown to $75,000 and assets increased to $660,456. Other long-serving presidents included E.W. Josey (1938-45) and G.R. Borgel (1946-61). The bank experienced its greatest
Marker is property of the State of Texas
Erected 2013 by Texas Historical Commission. (Marker Number 17494.)
Topics. This historical marker is listed in these topic lists: Industry & Commerce • Railroads & Streetcars. A significant historical month for this entry is January 1967.
Location. 29° 46.84′ N, 96° 9.436′ W. Marker is in Sealy, Texas, in Austin County. Marker is at the intersection of Main Street and Meyer Street (State Highway 36), on the right when traveling east on Main Street. The marker is located on the Highway 36 side of the Bank building and it is reverse to the street. Touch for map. Marker is at or near this postal address: 222 Main Street, Sealy TX 77474, United States of America. Touch for directions.
Other nearby markers. At least 8 other markers are within walking distance of this marker. Preibisch Building (about 300 feet away, measured in a direct line); Trinity Lutheran Church (about 500 feet away); Hackbarth Building (about 600 feet away); Sealy (about 700 feet away); Haynes-Felcman House (approx. 0.2 miles away); Saint John's Episcopal Church (approx. 0.2 miles away); Paul and Mahala Hackbarth House (approx. 0.2 miles away); Haynes Mattress Factory (approx. ¼ mile away). Touch for a list and map of all markers in Sealy.
Credits. This page was last revised on December 15, 2020. It was originally submitted on December 14, 2020, by James Hulse of Medina, Texas. This page has been viewed 114 times since then and 15 times this year. Photos: 1, 2, 3. submitted on December 15, 2020, by James Hulse of Medina, Texas. • J. Makali Bruton was the editor who published this page.