July 1, 1907
Twenty-six citizens from Carmine, Texas organized the Carmine State Bank with a combined investment of $10,000 in Capital Stock
September 3, 1907
The bank officially opened for business. A horseshoe was found at the front of the bank door. The Cashier at the time placed the horseshoe above the vault to bring good luck to the new financial institution. The bank still has this original horseshoe. The horseshoe later became the official bank logo.
July 7, 1927
Carmine State Bank received its charter from the Texas Department of Banking, making the bank the 269th chartered bank in Texas. Of these 269 banks, today only 20 remain in operation.
November 4, 1964
The Federal Deposit Insurance Corporation (FDIC) granted membership to the Carmine State Bank.
A new bank building was constructed, due to the increased growth during the past years.
The Carmine State Bank, which is still independently owned and operated, has grown to over $80 Million in total assets. The bank offers drive-thru banking, Automated Teller Machine (ATM), night depository, and internet banking. The bank does its own processing in-house and processes daily transactions to the return of customer’s statements.
The goal of the bank has remained the same since 1907, to provide sound and safe financial services while remaining locally owned and operated.
The Officers, Directors, and Staff of Carmine State Bank wish to thank you for your past business and look forward to serving your banking needs for years to come.