First National Bank Baird

First National Bank Baird is a commercial bank located in Baird, Texas, with a history dating back to its establishment on February 1, 1885, originally under the name The First National Bank of Baird. Over the years, the bank underwent several significant changes. On July 1, 2012, it rebranded as First Bank Texas, Ssb, while also changing its organizational type to a stock savings bank and withdrawing from the Federal Reserve System. During this same period, it acquired two banks: First National Bank of the Mid-Cities in Bedford, Texas, and First National Bank in Munday, Texas. The institution transitioned back to a national banking charter on October 11, 2017, when it adopted the name First National Bank Baird, changed its primary federal regulatory agency to The Office of the Comptroller of the Currency, and became a member of the Federal Reserve System once more.

Below is a list of some important events in banks history, including mergers and acquisitions.

1885-02-01Institution established. Original name: The First National Bank of Baird.

2012-07-01Institution withdraws from membership in the Federal Reserve System.

2012-07-01Changed Chartering Agency to State.

2012-07-01Changed Bank Class to FDIC Supervised State Savings Bank.

2012-07-01Changed Primary Federal Regulatory Agency to FDIC.

2012-07-01Changed Institution Name to First Bank Texas, Ssb.

2012-07-01Acquired First National Bank in Munday in Munday, TX.

2012-07-01Acquired First National Bank of the Mid-Cities in Bedford, TX.

2012-07-01Changed Organization Type to Stock Savings Bank.

2017-10-11Changed Bank Class to National Bank, member of the Federal Reserve System (FRS).

2017-10-11Changed Organization Type to Commercial Bank.

2017-10-11Changed Primary Federal Regulatory Agency to The Office of the Comptroller of the Currency.

2017-10-11Changed Institution Name to First National Bank Baird.

2017-10-11Institution becomes member of the Federal Reserve System.

2017-10-11Changed Chartering Agency to The Office of the Comptroller of the Currency.