The locally owned and operated First State Bank of Texas opened its new headquarters and Orange County branch at 4039 I-10 E, Orange, TX. Goss Building Incorporated served as the contractor for the 8,422 square-foot state-of-the-art, full-service banking center and headquarters. The Grand Opening celebration was held from 8:00 AM until 4:00 PM on Tuesday, November 27 with the lobby and drive through closing at 4:00 PM for a private ribbon cutting and special event. Damon R Vacek, President and CFO of First State Bank of Texas stated, “We are so proud to celebrate the Grand Opening of our new full-service banking center and headquarters with the community. The new convenient location represents our commitment to Orange County and we are very proud to bring hometown banking back to the community.”
First State Bank opened its doors on August 12, 1914. The bank was chartered and operated as Live Oak County State Bank until May 23, 1932, when the current name was adopted. Previous stockholders include John Nance Garner, former Vice President of The United States. The bank exhibited the strength to endure The Great Depression, numerous recessions, floods, oil busts, and real estate downturns, over the past 103 years. Never did it close its doors to its customers.
On August 12, 2016, First State Bank of Texas started a new chapter under new ownership with a plan to expand into new markets. The first branch opened on November 28, 2016 in Beaumont to service the southeast Texas region. The newest branch and headquarters is officially open at 4039 I-10 E in Orange.