Burnsville in Yancey County, North Carolina — The American South (South Atlantic)
Citizens Bank Building
Photographed By Duane and Tracy Marsteller, June 24, 2023
1. Citizens Bank Building Marker
Placed On The
National Register
of Historic Places
By The United States
Department of The Interior
Topics and series. This historical marker is listed in these topic lists: Architecture • Industry & Commerce. In addition, it is included in the National Register of Historic Places series list. A significant historical year for this entry is 1925.
Location. 35° 55.012′ N, 82° 18.001′ W. Marker is in Burnsville, North Carolina, in Yancey County. Marker is at the intersection of Town Square and South Main Street, on the right when traveling east on Town Square. Touch for map. Marker is at or near this postal address: 18 Town Sq, Burnsville NC 28714, United States of America. Touch for directions.
Other nearby markers. At least 8 other markers are within 10 miles of this marker, measured as the crow flies. Otway Burns Monument (within shouting distance of this marker); Nu Wray Inn (within shouting distance of this marker); Yancey Collegiate Institute (within shouting distance of this marker); Yancey County War Memorial (about 300 feet away, measured in a direct line); Honoring Yancey County’s Confederate Dead (about 300 feet away); Burnsville (about 500 feet away); Lesley Riddle (approx. 1.6 miles away); Sink Hole Mine (approx. 9.7 miles away). Touch for a list and map of all markers in Burnsville.
Regarding Citizens Bank Building.
this page online
Before 1905, all banking business was handled for Yancey County residents in Asheville, thirty miles to the south. When the Asheville bank which handled Yancey County business failed in 1905, the County's first bank, the Bank of Yancey, was incorporated. In 1908, a second bank, the Citizens Bank of Yancey County was incorporated with a capital of $25,000.…
In 1925, riding the crest of the new-found prosperity of the mountain counties and in keeping with the commercial frenzy which was overtaking the rest of the nation, the directors of the bank, under the direction of Frank Watson, president, authorized the purchase for $2400 of an adjacent town lot for the construction of a new, larger and more stylish bank building.…
The Citizens Bank of Yancey closed in 1932 and was subsequently liquidated. In 1937 the building was purchased by the Northwestern Bank (now known as First Union National Bank.) The building was used for banking business until October 25, 1972, when it was donated by Northwestern to Yancey County for use as a county public library.
The library used the former bank building until 2011, when it moved into the former Burnsville Elementary School building.
Also see . . . Citizens Bank Building (PDF). National Register
Photographed By Duane and Tracy Marsteller, June 24, 2023
2. Citizens Bank Building Marker
Credits. This page was last revised on July 27, 2023. It was originally submitted on July 27, 2023, by Duane and Tracy Marsteller of Murfreesboro, Tennessee. This page has been viewed 65 times since then and 15 times this year. Photos: 1, 2. submitted on July 27, 2023, by Duane and Tracy Marsteller of Murfreesboro, Tennessee.
