IMPORTANT UPDATE | Due to the COVID-19 situation and our commitment to keeping our communities safe, we’re making some important, but temporary changes. Effective Tuesday, March 24, our Coleman and Abilene branch lobbies will be available by appointment only. Expanded banking services will continue to be available at the drive-thru lanes during normal business hours. Click to read more.
In October 1936, Coleman County State Bank received approval from the Texas Banking Department to begin its operations. It had originally been named First State Bank of Valera and first opened its doors in July 1915. Now operating under its new charter, the bank relocated from Valera to 108 West Live Oak in Coleman.
The bank experienced more growth and expansion in 1942 as it bought the assets of First State Bank in Talpa.
Six years later, in 1948, Coleman County State Bank purchased and moved to its now present location of 118 West Pecan Street, where it has operated for more than 70 years.
Coleman County State Bank opened a motor bank in October 1960, within walking distance of its main location. Motor banks provided a quick and convenient service to customers, allowing them to bank from the comfort of their vehicles. The motor bank, later expanded to three drive-thru lanes, is still in operation to this day and is located on the corner of Concho and W. College St.
In October 1966, controlling interest of Coleman County State Bank was purchased by an investor from Houston. In subsequent years, its name was changed to Coleman Bank, under which it operated for the next 19 years.
In January 1985, a group of local businessmen and women acquired Coleman Bank, proudly returning it to local ownership. Records show that the bank had just over $43,000,000 in assets at the time. Official approval from the State Department of Banking was received on January 16, 1985; and the bank was then reverted to its 1936 name, Coleman County State Bank. It was a momentous occasion to return to its original roots as a locally owned, hometown bank. Operations have continued at 118 West Pecan Street, as it has since the bank first moved into the building in 1948.
Seeking to spread its roots within the Big Country, the bank expanded into Taylor County and entered the Abilene market in 2004. A new 4,500 square-foot building at 4609 Southwest Dr. was commissioned to house the new full-service banking center, which was completed a year later in 2005.
The Abilene Banking Center thrived in its new location and further expanded its client base. Nearly a decade after the initial move to Abilene, an additional 1,500 square feet were added onto the building in 2014 to accommodate the expansion of the mortgage center, which was and is continually experiencing rapid growth in the Abilene market.
With a thriving client base in the area, Coleman County State Bank opened a Loan Production Office on 2500 S. Willis in Abilene in January 2017.
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Routing Number: 111321814
SWIFT Code: TIBBUS44
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