The Citizens Bank of Weston

677386

201 Main Avenue, Weston, WV, 26452  

The Citizens Bank of Weston has been serving the people of Lewis and surrounding counties for 120 years. In 1891 the bank received its charter. The doors were opened for business in February of 1892. On October 1, 1894, the bank employed Thomas A. Whelan who was to become a banking legend in Lewis County.


The Citizens Bank of Weston has been serving the people of Lewis and surrounding counties for 120 years. In 1891 the bank received its charter. The doors were opened for business in February of 1892. On October 1, 1894, the bank employed Thomas A. Whelan who was to become a banking legend in Lewis County. After nine years of service Mr. Whelan was elected Cashier upon the death of Mr. Bailey. At twenty-seven years of age, he was the youngest man in the State of West Virginia to have attained such a highly respected post within the banking community.

In 1927 Mr. Whelan arranged the purchase of the Bailey House property; and in May of 1930, the bank moved from its old location on the corner of Bank Street and Main Avenue (the old location of Frank’s Bakery), to the present facility. It required three years to plan and complete the building. Before the year ended, Citizens Bank was closed during the so-called “Banking Holiday,” reopening almost three years to the day in 1934. Due to T. A. Whelan’s work and concern for his fellowman, not a penny was lost by the depositors. An article published in the daily newspaper, American Banker, dated August 24, 1961, gives a summary of the amazing financial strength of the bank under the guidance of T. A. Whelan. It reported that the Citizens Bank was in the unique position of having the highest capital account ratio in the United States.


LENDING PROFILE

The Citizens Bank of Weston arranges the following loan types:
  • RESIDENTIAL: Hard Money
  • COMMERCIAL: Hard Money , Portfolio
  • LAND: Hard Money
Lending territories: WV

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