Corsicana National Bank and Trust
Corsicana National Bank & Trust will change its name to Community National Bank & Trust of Texas effective Monday, May 19, according to K.C. Wyatt, President of the bank.
Over the past 44 years, Corsicana National grew from small beginnings in Corsicana to a successful community bank serving as a lender and deposit institution. It now serves communities throughout Navarro County, and with its partnership with First National Bank of Fairfield in 2001, it also serves Freestone and Leon Counties. The Fairfield bank will be merged into Corsicana National, and the resulting bank will be named Community National. The two banks’ boards of directors will be combined.
“There is no change in ownership, management or employees,” says Wyatt. “Thanks to the support of our customers and the hard work of our dedicated employees, we have grown to serve a variety of communities. Our new name simply reflects our commitment to all of the communities we serve.”
The combined Community National Bank & Trust will offer a full range of financial services. Assets of the bank will total almost $300 million, with the bank servicing an additional $30 million in home mortgage loans. The Trust and Investment Department manages assets of over $160 million for individuals, charitable foundations, educational institutions, and businesses throughout Central Texas.
“We’re still a hometown bank that believes in investing generously in our community through local charities, schools and many other worthwhile endeavors,” added Wyatt. “Our employees will continue to be active volunteers in local organizations and work to improve life in our community.”
The bank is owned by Community Bank Holdings of Texas, Inc. based in Corsicana. It has six locations, including two in Corsicana and one each in Fairfield, Frost, Richland Chambers-Streetman and Buffalo.
True Value Distribution Center
The Corsicana True Value Distribution center reaches a milestone this week as it celebrates its 25th anniversary.
The event will be commemorated with a Business After Hours beginning at 5:30 p.m. Wednesday, hosted by the Corsicana/Navarro County Chamber of Commerce. The public is invited to attend.
Business
Related Photos
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Crews work on replacing the signage at Corsicana National Bank. Beginning Monday, the bank and its affiliates will be known as Community National Bank and Trust of Texas. Daily Sun photo/Bob Belcher
Discussion
May 17, 2008
Business Notes -- 5/18/08
- Business
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Marriott found guilty
Within half an hour of deliberation, a Navarro County jury found Kandy Marriott, 53, guilty of engaging in organized criminal activity.
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Friday classic
Tiger fans watched this movie way back in October.
Midway jumping out to a big lead with all its playmakers from running back John Hubert to receiver Todd Glaesmann making huge plays.
Midway punishing opposing running backs.
Midway having the look of a state championship team.
Fast forward to Friday afternoon, with powerhouse Highland Park in town at Tiger Stadium, and there was Midway leading 28-7 late in the first half of a regional semifinal playoff game. -
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A ribbon cutting ceremony Friday at Longhorn Industrial Supply at 400 Southeast Drive (off South Highway 287) as members of the Corsicana/Navarro County Chamber of Commerce help out. The business treated noontime guests to a fish fry lunch to mark the occasion. Daily Sun photo/Bob Belcher
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Business Notes -- 06/29/08
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Business Notes -- 06/01/08
Julie Teel, broker/owner of RE/MAX of Corsicana has been presented with the RE/MAX Hall of Fame Award, which honors successful agents who have exceeded extraordinary production during their career with the company. In 2007, only two percent of all RE/MAX associates earned this prestigious award.
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Business Notes -- 5/18/08
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Business Notes -- 04/06/08
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