State National Bank
Introduction
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The old State National Bank building was erected in 1922 and continues to symbolize the city's rapid growth during the early 20th century.
Backstory and Context
Text-to-speech Audio
A group of prominent businessmen including O.T. Bassett, Joseph Magoffin, and C.R. Morehead founded State National Bank in 1881. These men were instrumental in laying the foundation on which El Paso stands today (Bassett owned a lumber mill and served as city councilman; Magoffin served as mayor for four terms and held other civic positions; and Morehead also served as mayor). The bank earned a good reputation; however, it did not expand until new bankers, including Bassett's son, Charles, assumed control around the turn-of-the century. They hired Trost to draft plans for the current structure in 1920 and construction began the next year. It officially opened in June 1922. It was expanded in the 1940s. At some point by the 1980s, it became the location of a home mortgage company, which restored the old building. Today, it is home to a store called Rio Grande Fashion.
Sources
"State National Bank." National Park Service - National Register of Historic Places Nomination Form. September 24, 1980. https://atlas.thc.state.tx.us/NR/pdfs/80004114/80004114.pdf.
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