How long has Coleman County State Bank been open?
Peoples State Bank of Colfax has been providing continuous financial services for well over 130 years, tracing its organizational roots back to 1892 when it was originally established as the State Bank of Cooksville by the Thomas Arnold family. In December 1907, shares were offered to local farmers and businessmen who wanted to invest in a stable community-owned financial vehicle. Decades later, in 1942, the institution was physically relocated about seven miles down the road to Colfax, Illinois, at which point it officially adopted its current name. Across more than a century of operation, descendants of the original local shareholders and modern staff have maintained a commitment to blending friendly, old-fashioned relationship banking with up-to-date digital tools.
Related FAQs
Coleman County State Bank is headquartered in Coleman, Texas, United States.
Economic census data and regional demographic surveys indicate that the median household income in Coleman, Texas, generally ranges between forty-nine thousand and fifty-four thousand dollars annually.
Coleman County, Texas, has an estimated population of approximately 7,856 residents.
Coleman County State Bank has a long-standing history rooted in rural community banking within Texas, established to provide reliable financial services, agricultural credit, and personal banking to local ranching families and small businesses.
Earning an annual salary of $25,000 USD (which converts to roughly 1.4 million Philippine Pesos) in the Philippines is an exceptionally high income that places an individual well within the top earning tier or upper class of the country.
Santa Anna National Bank, like many historic community banking institutions established across Texas and the American Southwest, experienced the wave of localized banking consolidation.