Marker [108]
Merchants And Planters National Bank
(200 N. Travis St., Sherman)


One of the oldest banks in North Texas. Replaced Sherman's "pecan tree bank;" for 22 years traders hung saddlebags filled with gold on the tree's branches. Bank was founded in 1872 with $150,000 capital when the city was 26 years old.

Promoted growth of Sherman and was hub of North Texas Area and Indian Territory, serving ranchers, farmers, traders. Became national bank 1884. First president was C. C. Binkley; first directors: J. P. Dumas, Silas Hare, Sr., J. M. Lindsay, J. H. Salter, G. Van Winkle, C. A. Andrews.