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Coleman County State Bank

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Coleman County State Bank

Mission statement:

As a locally-owned community bank, our mission is to provide high-quality financial services to each of our customers in a responsible and ethical manner using sound, time-tested banking practices. We strive to enhance our communities by building relationships which focus on the economic development in our communities achieved by added services and comprehensive financial solutions.

History:

Coleman County State Bank started operations in 1915 as Valera Bank in Valera, Texas. The bank operated from a caged area in the Valera Lumber Yard and Hardware Store. In 1917, due to the growth of the bank, a new building was constructed in Valera to house the bank. During the depression era of the early 1930’s Valera State Bank remained open and continued to serve their customers even as many banks folded and closed their doors.

On October 15, 1936, Valera State Bank received approval from the Texas Banking Department and relocated from Valera to Coleman under a new charter and name, Coleman County State Bank. The new bank was located at 108 West Live Oak, which is the present location of the Coleman County Title Company. In 1942, Coleman County State Bank continued to grow and expand as it bought the assets of First State Bank in Talpa, Texas. The bank purchased and moved to the present location of 118 West Pecan Street in Coleman in 1948.

In 1966, the bank was sold to a group of out-of-town investors and the name was changed to Coleman Bank, under which it operated for the next 19 years. On January 5, 1985, a group of local shareholders purchased the bank from the Ford Bank Group, returning the bank to local ownership and changing the banks’ name back to Coleman County State Bank. The bank has undergone numerous facelifts and acquisition of properties in Coleman in order to best serve its customers. Improvements to the Coleman facility include drive-thru facilities, 2 parking lots, 2 ATM locations in Coleman and facilities within the bank building, such as the Club Room and office space for rent.

On May 11, 2005, Coleman County State Bank expanded to Abilene with the opening of a new branch located at 4609 Southwest Drive. The Abilene Banking Center has experienced a good amount of growth as it strives to maintain personable service and offer quality products to the citizens of Abilene and the surrounding areas.

Today, Coleman County State Bank continues to look for new and innovative products aimed at serving our customers with financial services to fit all of their needs, while continuing to deliver the level of quality service our customers have come to expect.

Formerly known as: Coleman Bank

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