First National Bank. Oldest bank in Fannin County. Chartered December 12, 1883. At that time, county had 25,000 people; farming and industry prospered; a new railroad was being built; seven schools and colleges and three newspapers were in operation. Growth of the bank has paralleled and contributed to Bonham's growth. Many descendants of the 24 original stockholders remain affiliated with its interests. Presidents have been: W. A. Nunnelee, 1883-1897; S. B. Allen, 1897-1902; A. B. Scarborough, 1902-1921/1925-1944; D. W. Sweeney, 1921-1925; Dick Saunders, 1944- RTHL - 1966 #8880