Farmers National Bank (Plain City, Ohio)
Encyclopedia
Farmers National Bank is a bank
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...

 building in the village of Plain City
Plain City, Ohio
Plain City is a village on the west banks of Big Darby Creek, in the northern part of Darby Township, Madison County and the southern part of Jerome Township, Union County in the U.S. state of Ohio...

 in Madison County
Madison County, Ohio
As of the census of 2000, there were 40,213 people, 13,672 households, and 10,035 families residing in the county. The population density was 86 people per square mile . There were 14,399 housing units at an average density of 31 per square mile...

, Ohio
Ohio
Ohio is a Midwestern state in the United States. The 34th largest state by area in the U.S.,it is the 7th‑most populous with over 11.5 million residents, containing several major American cities and seven metropolitan areas with populations of 500,000 or more.The state's capital is Columbus...

, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

. The bank is located at the intersection of State Route 161 and Chillicothe Street. Built in 1902, it was listed on the National Register of Historic Places
National Register of Historic Places
The National Register of Historic Places is the United States government's official list of districts, sites, buildings, structures, and objects deemed worthy of preservation...

 in 1995.

Early history

The Farmers National Bank of Plain City was organized on August 6, 1900, with a capital stock of $25,000. In 1902, the bank built a brick building at the corners of what was then Post Road & Chillicothe Street. The building cost $15,289.27 to build, The bank's first president was William Atkinson, of whom an oil portrait hangs in the lobby. In 1907, C. F. Dutton became president, followed by Cephas Atkinson in 1914. As of 1915, the bank held $263,670.79 in deposits, $40,073.99 in surplus and undivided profits, and $266,656.36 in loans. In 1934, the company received FDIC
Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation is a United States government corporation created by the Glass–Steagall Act of 1933. It provides deposit insurance, which guarantees the safety of deposits in member banks, currently up to $250,000 per depositor per bank. , the FDIC insures deposits at...

 deposit insurance.

Recent history

In 1993, Farmers National Bank was purchased by Park National Corporation
Park National Bank
The Park National Bank is the lead bank in the $5.5 billion Park National Corporation serving Ohio and Northern Kentucky. The bank has several affiliate banks, including: Fairfield National Bank; Park National Bank, Park National Bank: Southwest Ohio & Northern Kentucky; Farmers and Savings Bank;...

 of Urbana, Ohio
Urbana, Ohio
Urbana is a city in and the county seat of Champaign County, Ohio, United States, west of Columbus. Urbana was laid out in 1805, and for a time in 1812 was the headquarters of the Northwestern army. Urbana was named after the town of Urbanna, Virginia. It is the burial-place of the Indian fighter...

, and its name was changed to Citizens National Bank. This change also saw the arrival of the bank's first computers, and the removal of the two .38 caliber revolvers kept behind the counter. In 1995, the building was listed on the National Register of Historic Places
National Register of Historic Places
The National Register of Historic Places is the United States government's official list of districts, sites, buildings, structures, and objects deemed worthy of preservation...

, and was featured on Union County's
Union County, Ohio
Union County is a county located in the US state of Ohio. As of the 2010 census, the population was 52,300. Increasingly becoming more of a suburban county, the population was estimated at 47,234 in 2007 by the U.S. Census Bureau...

'Bicentennial Homes and Buildings' tour in 2003. In 2004, Mary Mitchell, the president at the time, retired after a 60 year career at the bank, starting as a teller in 1944. In recognition of her career, Mitchell's portrait was hung on the wall of the lobby opposite Atkinson's. On July 20, 2009, Park National again changed the name from Citizens National Bank to Security National Bank. Currently, the branch manager is Dale Whitmer.

The bank is regionally famous for having never been successfully robbed, although there was one unsuccessful attempt in 1934. This is due in part to the lobby being separated from the tellers by a steel cage and 1 inches (25.4 mm) thick bulletproof glass.
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