Marker Inscription
One of the oldest banks in North Texas. Replaced Sherman's "Pecan Tree Bank"; for 22 years traders hung saddlebags filled with gold on tree's branches. Bank was founded in 1872 with $150,000 capital when city was 26 years old. Promoted growth of Sherman and was hub of North Texas area and Indian Territory, serving ranchers, farmers, traders. Became national bank in 1884. First president was C. C. Binkley; first directors, J. P. Dumas, Silas Hare, Sr., J. M. Lindsay, J. H. Slater, G. V. Winkle, C. A. Andrews.
About this site
Merchants and Planters National Bank is a historical marker in Sherman, Grayson County, dedicated in 1966. It is one of 144 historical markers documented in Grayson County in the Texas Historical Commission Atlas, among 208 historic sites cataloged across the county.
The site sits at 33.6378, -96.6098 near Sherman. The nearest cataloged historic site is Site of Binkley Hotel (historical marker), about under a tenth of a mile away. Others within a short drive include Sherman Opera House, Site of Old, Sherman US Post Office and Courthouse, and Peter W. Grayson.
This record corresponds to Texas Historical Commission Atlas #5181007405. Use the map below for its exact position and turn-by-turn directions.
