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Sealy in Austin County, Texas — The American South (West South Central)
 

Citizens State Bank

 
 
Citizens State Bank Marker image. Click for full size.
By James Hulse, December 10, 2020
1. Citizens State Bank Marker
Inscription.  

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
Citizens State Bank and Marker image. Click for full size.
By James Hulse, December 10, 2020
2. Citizens State Bank and Marker
The marker is facing toward the bank building.
growth in the 1960s, with assets in the millions of dollars, and completed a new facility in January 1967. Assets shrank during the recession of the 1980s, but Citizens State Bank survived without input of additional capital. Employment stability has contributed to the success of the business and in community relations, with about fifty twenty-five year employees. More than a century after opening, Citizens State Bank continues to be a reliable provider of funds and a source of strength for the community.
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 & CommerceRailroads & Streetcars.
 
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);
Citizens State Bank Marker - wide view image. Click for full size.
By James Hulse, December 10, 2020
3. Citizens State Bank Marker - wide view
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 31 times since then and 6 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.
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Mar. 6, 2021