What is the oldest bank in Texas?
The Banco Nacional de Texas, also known as the Texas National Bank, was established in San Antonio on October 21, 1822, by Governor José Félix Trespalacios, making it the first officially chartered bank in Texas. Created as an emergency bank of issue to provide paper currency and pay wages to the province's soldiers during the Mexican independence period, the institution issued early notes hand-produced by local councilmen and soldiers. Although the short-lived experiment suspended operations shortly thereafter due to financial and political pressures, it holds a celebrated place in regional history as a pioneer attempt at formal banking and currency circulation west of the Mississippi River.
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