First National Bank & Trust of Elk City

On March 21, 1901, just nine short days after the first townsite lots for the new city of Elk City were sold, the Thurmond Brothers - E.K., A.L., O.H., A.N., and I.C. - formed the First National Bank of Elk City. The bank was started with $25,000.00 in capital. Since such meager beginnings, both Elk City and First National have grown in size and stature. Since 1901, descendants of the Thurmond Brothers have owned and managed the bank. As many banks came and went throughout the first of the century, FNB stood strong and grew stronger. As FNB approached its fiftieth anniversary, it planned a complete remodel and renovation of its bank building. By this time FNB had been given the nickname as Old Reliable because no matter what was thrown its way it still stood strong. Later, the bank acquired trust powers; changed its name to First National Bank & Trust, Elk City, Oklahoma; opened a branch in Sayre, Oklahoma; and purchased the Mike Neff Agency and later the Cooper West Agency to fo...