Hernando State Bank

Hernando State Bank
Industry Banking
Fate Acquired by Suntrust Banks
Founded 1905 (1905)
Defunct 1985 (1985)
Headquarters Brooksville, Florida

Hernando State Bank was a bank based in Brooksville, Florida. The bank was located in a historic building. In 1985, the bank was acquired by Suntrust Banks. At that time, the bank had 8 branches.

History

The bank was established in 1905 with $15,000 in capital by a group of people including J.C. Burwell, Merchant J. A. Jennings, Sheriff W. E. Law, Turpentine Operators L.B. Varn, G. W. Varn, and G. C. Varn, Aripeka Saw Mill president M. A. Amorous.[1][2]

The bank headquarters was built that same year. The first president of the bank was James A. Jennings.

In 1907, William McKethan acquired the bank and became its president. His son, Alfred A. McKethan, later took over as president.[3]

In 1985, the bank was acquired by Sun Bank, later Suntrust Banks.[2][4]

References

  1. ↑ MAGLIO, ROCCO (May 19, 2017). "J.C. Burwell: Innovator, Publisher & Businessman". Hernando Sun.
  2. 1 2 "Institution History for SUNTRUST BANK, NATURE COAST (342139)". Federal Financial Institutions Examination Council.
  3. ↑ FARRELL, JENNIFER (April 2, 2002). "Visionary Southern gentleman". Tampa Bay Times.
  4. ↑ "Business Briefs". United Press International. September 7, 1984.
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