Old First National Bank of Punta Gorda facts for kids
Industry | Banking |
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Fate | Acquired by First Florida Bank |
Founded | 1800 |
Defunct | September 1, 1985 |
Headquarters | Punta Gorda, Florida |
Total assets | $125 million (1985) |
The First National Bank of Punta Gorda
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Location | Punta Gorda, Florida, USA |
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Built | 1912 |
MPS | Punta Gorda MPS |
NRHP reference No. | 91000280 |
Added to NRHP | March 14, 1991 |
The First National Bank of Punta Gorda was an important bank located in Punta Gorda, Florida. It was also known as the Old Merchants Bank of Punta Gorda. This bank served the community for many years.
In 1985, another bank called First Florida Bank bought it. Later, First Florida Bank became part of a much larger bank, Bank of America, in 1999.
The building where the bank was located is very special. On March 14, 1991, it was added to the National Register of Historic Places. This means it is an important historical building in the United States.
Contents
The Story of the Bank
What Was This Bank?
The First National Bank of Punta Gorda was a place where people could keep their money safe. It also helped businesses and individuals get loans. Banks are a key part of how money works in a community.
This bank was founded way back in 1800. It operated for a very long time, helping the people of Punta Gorda. By 1985, the bank managed about $125 million. This shows it was a significant financial place in the area.
When Did the Bank Close?
The First National Bank of Punta Gorda stopped operating on September 1, 1985. It was bought by First Florida Bank. This kind of event, where one company buys another, happens often in the business world.
Later, First Florida Bank itself was bought by Bank of America. This means the original bank's story became part of a much bigger banking history.
A Historic Building
Why Is the Building Special?
The building that once housed the First National Bank of Punta Gorda is now a historic landmark. It was built in 1912. The building's design and age make it important to the history of Punta Gorda.
On March 14, 1991, the building was officially recognized. It was added to the National Register of Historic Places. This is a list kept by the United States government. It includes buildings, sites, and objects that are important in American history, architecture, archaeology, engineering, or culture.
Being on this list helps protect the building. It ensures that its historical value is recognized and preserved for future generations.