Details for The Hidalgo County Bank and Trust Company

Historical Marker — Atlas Number 5215002469

Data

Marker Number 2469
Atlas Number 5215002469
Marker Title The Hidalgo County Bank and Trust Company
Index Entry Hidalgo County Bank and Trust Company, The
Address 301 S. Texas Ave.
City Mercedes
County Hidalgo
UTM Zone 14
UTM Easting 608587
UTM Northing 2892601
Subject Codes banks, bankers, banking topics
Marker Year 1982
Recorded Texas Historic Landmark No
Marker Location SW corner of S. Texas Ave. (FM 491) and W. 3rd St. At southeast corner of building, parking lot off S. Texas Ave.
Private Property No
Marker Condition In Situ
Marker Size 18" x 28"
Marker Text The oldest Hidalgo County bank still in operation, this institution opened in 1907 in a frame house on Third Street. Incorporators of the firm were area leaders J. M. Johnson, Sr., who served as the first president, his son J. M. Johnson, Jr., William M. Price and S. P. Silver, all of Mercedes; John Closner of Hidalgo; and Walter A. McNeil of Santa Maria. Sound leadership helped the Hidalgo County Bank and Trust Company survive the economic depression of the 1930s and to become a leader in the development of the Rio Grande Valley area. (1982)

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