Hernando State Bank, also known as Hernando Bank, was a bank business that occupied a historic building in Brooksville, Florida. The building, also known by the name of the bank, was built in 1905. James A. Jennings was the bank's first president. The bank was purchased in 1907 by William McKethan. It is at the intersection of Main Street and Route 41. It closed in 1897.
The bank was capitalized with $15,000 in 1905.
The Brooksville-based Hernando Banking Corp., a holding company that held just one bank, Hernando Bank, was expected to be purchased in 1984 by Sun Bank (which eventually became SunTrust Banks) in a deal giving owners approximately $31.5 million. At the time Hernando Bank had $229.2 million assets. The deal was subject to approval of pooling-of-interests accounting treatment and regulatory approval.
Alfred A. McKethan was a president of the bank.
Video Hernando State Bank
References
Source of article : Wikipedia
0 Comments