53.6 F
Fort Worth
Saturday, November 28, 2020
News Community Bank Burleson celebrates centennial

Community Bank Burleson celebrates centennial

Other News

Alamo Drafthouse names new CEO as it prepares to re-open

Lights! Action! Executive Change! Austin-based Alamo Drafthouse Cinema announced April 30 that former Starbucks executive Shelli Taylor will assume the role of CEO, effective May...

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....
Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

Betty Dillard bdillard@bizpress.net

After a century, Community Bank Burleson is still doing business the old-fashioned way: providing personal service and loyalty and having people who understand the needs of local families and businesses make lending decisions. Community Bank opened its doors in Burleson as Farmers and Merchants Bank on Nov. 22, 1913, with 35 stockholders and a capital structure of $10,000.

“In opening our institution we offer our friends the best service possible to render within the realm of conservative banking principles,” those first shareholders stated. “Every share of capital stock is owned by your neighbors.”

Still an independently owned bank, Community Bank merged with Farmers and Merchants Bank in 1995 and has continued to grow. The bank’s current building at 201 W. Ellison St. underwent a $1.8 million renovation in 2011 to bring it into the 21st century. By continuing to focus on serving the people in its community, the bank operates 10 branches within eight North Texas communities – Acton, Burleson, Cleburne, Fort Worth, Granbury, Hurst, Rockwall and Rowlett – with assets exceeding $560 million and capital of more than $58 million.

“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 and M to now as Community Bank,” said bank President Tim Southerland. To commemorate its 100th anniversary, the bank is celebrating the community’s people, businesses and organizations in a series of events that will culminate with 100th anniversary open house on Nov. 22 at 11 a.m. The celebration includes honoring six local nonprofits selected by Community Bank’s 143 employees. Each week, beginning Oct. 15, the bank is accepting contributions to a different nonprofit and will match the donations for each charity, up to $1,000. The bank kicked off its birthday bash with a pie bake-off on Oct. 11 in conjunction with Burleson Founder’s Day. Charities honored during the first three weeks were Burleson Heritage Foundation, Heart for the Kids and Harvest House. Community Bank will salute Meals on Wheels Johnson County on Nov. 4-8, the Careity Breast Care Center on Nov. 12-15 and Burleson Opportunity Fund on Nov. 18-22.

During the open house, Burleson Mayor Ken Shetter will present a proclamation honoring Community Bank, memorabilia collected over the past 100 years will be on display, and Southerland will present donation checks to the six charities. “We want to honor and celebrate our bank’s long history and the best way to do that is to focus on the people,” Southerland said. “Back in 1913, when Farmers and Merchants Bank opened their doors, they were focused on building the community. I’m proud to say 100 years later our focus is still the same.”  


close






Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

Latest News

JRB Fort Worth chosen for main operating base for C-130J aircraft

Naval Air Station Joint Reserve Base Fort Worth has been selected as a main operating base for eight C-130J aircraft at the 136th Airlift...

Texas again sets record for new coronavirus infections as testing also sees sustained highs

Texas health officials reported more than 14,000 new coronavirus infections Wednesday in what appeared to be an all-time high for daily cases. The record comes...

Americans risk traveling over Thanksgiving despite warnings

Millions of Americans took to the skies and the highways ahead of Thanksgiving at the risk of pouring gasoline on the coronavirus fire, disregarding...

Texas shut down bars to slow the spread of coronavirus — but allowed thousands to open through a restaurant loophole

Need to stay updated on coronavirus news in Texas? Our evening roundup will help you stay on top of the day's latest updates. Sign...

Tarrant County DA’s office changing how it handles misdemeanor marijuna cases

The Tarrant County Criminal District Attorney’s Office is changing how it handles misdemeanor marijuana cases. The Tarrant County  Criminal District Attorney’s Office on Monday, Nov....