Waggoner National Bank of Vernon
| File:Downtown Vernon, TX Picture 2209.jpg Waggoner National Bank sign in Vernon, Texas, as seen in 2008. | |
| Company type | Private company |
|---|---|
| Industry | Banking |
| Predecessor | R.C. Neal Banking Company |
| Founded | 1899 |
| Founder | William Thomas Waggoner |
| Headquarters | , United States of America |
Area served | Texas |
Key people | J. Michael Terrell President & CEO |
| Products | Consumer banking, corporate banking |
| Subsidiaries | Vernon Bancshares, Inc. |
| Website | wnbvernon.com |
The Waggoner National Bank of Vernon is a longstanding financial institution with branches in Vernon and Electra, located within the state of Texas, United States.
History
Established under a charter granted by the United States Department of the Treasury on July 3, 1899, this bank originated as the R.C. Neal Banking Company, which was founded in Vernon in 1893.[1] The bank’s inaugural President was William Thomas Waggoner, proprietor of the Waggoner Ranch, who served from 1899 until 1907.[1] L.G. Hawkins, who served as the first Vice President and is the namesake of a local elementary school, also played a key role at its inception.[1]
Operating out of Vernon in Wilbarger County and Electra in Wichita County, the bank provides both consumer and corporate banking solutions tailored to the regional market.[2] It holds membership in the Electra Chamber of Commerce and Agriculture and oversees its subsidiary, Vernon Bancshares, Inc.[3]
The institution is directed by a board comprising fifteen members, with J. Michael Terrell currently serving as President and Chief Executive Officer.[4]