The Port Austin State Bank

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62 East State Street, Port Austin, MI, 48467  

The original Port Austin Bank building was built in 1884 by Richard Winsor and his associate, Horace G. Snover, to house their successful banking, law and insurance firm of Winsor & Snover. Both men were important factors in the political affairs of that period. Mr. Snover served as a probate judge and also as U.S. Representative.


The original Port Austin Bank building was built in 1884 by Richard Winsor and his associate, Horace G. Snover, to house their successful banking, law and insurance firm of Winsor & Snover. Both men were important factors in the political affairs of that period. Mr. Snover served as a probate judge and also as U.S. Representative. Richard Winsor was an early settler in Port Austin and, at the age of 23, a member of the state legislature serving four terms. He then served in the state senate.

Built at cost of over $ 84,000, the Winsor & Snover Building was considered “one of the most complete business structures in the state.” It was built on solid rock, heated by steam, and had “all the most approved modern appliances” for the time period. The bank’s vault was lined with four inch thick steel railroad rails. To gain access, one passed through a steel outside door and a burglar-proof inside door made of two-inch steel. Within the vault was a burglar-proof chest constructed of steel three and a half inches thick.


LENDING PROFILE

The Port Austin State Bank arranges the following loan types:
  • RESIDENTIAL: Hard Money
  • COMMERCIAL: Hard Money , Portfolio
  • LAND: Hard Money , Construction
Lending territories: MI

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