Burleson Celebrates 100 year Anniversary on November 22, 2013
Join us as we celebrate our 100th anniversary of banking in Burleson, Texas. We'll kick off our celebration with a Pie Contest on Friday, October 11th and follow that with six weeks of honoring local non-profit organizations in our lobby. Then, on November 22, 2013, we'd love for everyone to stop by our Open House for food, fun and entertainment. We'll also have a display of antique banking artifacts, old newspapers and other historical items connected with banking over the last 100 years.
For a full listing of all the events and dates, click here.
Six Weeks Devoted to Helping Others - and a Bonus for You Too
Each week for six weeks, we will be accepting contributions to six different non-profit organizations in our lobby. Each $1 contribution will earn the donor an entry into a drawing for $100. (Donate $5 for 6 entries. At the end of each week, we'll match all contributions (up to $1000) and draw the name of the winning donor. All donor names (who haven't already won) will be entered into the final drawing to be held on Friday, November 22 during our Open House party.
Interested in more information about the six non-profit organizations that we've selected to honor for serving Johnson County? Click here.
The History of Community Bank Burleson
Farmers and Merchants Bank opened its doors in Burleson Texas on November 22, 1913, with 35 stockholders and a capital structure of $10,000. Their announcement stated “In opening our institution we offer our friends the best service possible to render within the realm of conservative banking principles. Every share of capital stock is owned by your neighbors.”
Originally located on Main Street, Farmers and Merchants (F&M) moved down the street to the old Taylor Brothers Dry Goods Store at the corner of Main and Ellison, before eventually constructing its current building at 201 W. Ellison in 1958.
F&M held the same ownership until purchased by the Baker Family in 1986. It retained the F&M name until August 1995 when an application was made to merge F&M into Community Bank to offer added convenience to all customers. The Community Bank group had assets in excess of $200 million as of June 1995.
In the official release on the name change, Mrs. Baker said “Times have changed and so has F&M’s customer base.” Baker explained, “Since we now serve the entire Burleson community, we want our name to reflect that we truly are the community’s bank. The two banks have had common ownership since 1986, so F&M’s customers and employees will see no changes other than the name.”
In September 2009, the Board of Directors approved a total makeover to bring the building into the 21st century. The structure was completely renovated to transform the hodgepodge of buildings into a more cohesive design that tied into the Burleson Old Town aesthetic. At the ribbon cutting ceremony in 2011 to unveil the $1.8 million transformation, then-Chamber of Commerce President Dan-O Strong said the bank is a corner-stone of Burleson and Old Town. “This is the heart and soul of Burleson and the center of our community,” Strong said.
Still an independently owned bank, Community Bank has continued to grow and prosper. By continuing to focus on serving the people in its community, the Bank now has 10 locations in five counties and assets exceed $560 million with capital of more than $58 million.
Burleson President Tim Southerland said “Community Bank has always been about people – our customers, our employees and all the people of Burleson. That’s been true since 1913 as F&M to now as Community Bank. To commemorate our 100th anniversary, we want to celebrate the people, companies and organizations that make our city great.”
Community Bank will kick off the 100th year anniversary with a “Pie Bake-Off” on Friday, October 11th in conjunction with Burleson Founder’s Day. The Bank will honor six local non-profit organizations weekly, helping them raise funds and awareness. And to top off the fund-raising efforts, the bank will match the amount raised for each charity during their week (up to $1000).
The 100th Anniversary commemoration will culminate on Friday, November 22, 2013, with an Open House for past and present customers, employees and dignitaries. Memorabilia collected over the past 100 years will be on display. Burleson Mayor Ken Shetter will present a Proclamation honoring Community Bank at 11:00 am and Tim Southerland will present the six charity organizations with a check of the monies raised.