Newtown in Bucks County, Pennsylvania — The American Northeast (Mid-Atlantic)
The First National Bank
Newtown Heritage Walk No. 33
The First National Bank and Trust Company of Newtown was first organized in 1864 and operated out of a room in the Paxson-Croasdale Building, located at 2-4 South State Street. By the spring of 1868, the bank bought property from the county and moved into the County Clerk's Office (building shown at right in the top photo). In 1884, after a steady growth, the bank constructed the brownstone building located at 40 South State Street (building shown at left in the top photo).
In 1928, to ensure business was uninterrupted, the new brick building (shown in the bottom photo) was constructed around the original brownstone building. The same year, the landmark clock was erected as an expression of thanks to the community. The four dials of the clock operate from a master clock inside the building, and it contains a set of Westminster chimes which ring every quarter hour. The Trust and Wealth Management division was also started in 1928 and currently operates in the building next door. In 1957, the bank underwent extensive modernization adding the rear addition and drive-in service window. Today, the First National Bank operates twelve offices located throughout Central and Lower Bucks County.
Erected 2007 by The First National Bank and Trust Company of Newtown and Newtown Heritage Association.
Topics. This historical marker is listed in this topic list: Industry & Commerce. A significant historical year for this entry is 1864.
Location. 40° 13.68′ N, 74° 56.223′ W. Marker is in Newtown, Pennsylvania, in Bucks County. Marker is at the intersection of State Street and Centre Avenue, on the right when traveling south on State Street. Touch for map. Marker is at or near this postal address: 40 S State Street, Newtown PA 18940, United States of America. Touch for directions.
Other nearby markers. At least 8 other markers are within walking distance of this marker. Newtown - County Seat (within shouting distance of this marker); Justices House (within shouting distance of this marker); Loyalist Raid of 1778 (within shouting distance of this marker); February 9, 1778 (within shouting distance of this marker); Bird in Hand (within shouting distance of this marker); Half-Moon Inn (within shouting distance of this marker); Temperance House (about 400 feet away, measured in a direct line); Paxson-Croasdale Building & Trolley (about 400 feet away). Touch for a list and map of all markers in Newtown.
Also see . . .
1. Newtown Heritage Walk. (Submitted on July 3, 2010, by William Fischer, Jr. of Scranton, Pennsylvania.)
2. The First National Bank. (Submitted on July 3, 2010, by William Fischer, Jr. of Scranton, Pennsylvania.)
Credits. This page was last revised on July 14, 2021. It was originally submitted on July 3, 2010, by William Fischer, Jr. of Scranton, Pennsylvania. This page has been viewed 1,016 times since then and 88 times this year. Photos: 1, 2, 3, 4. submitted on July 4, 2010, by William Fischer, Jr. of Scranton, Pennsylvania.