Scott County, Tennessee
FNB Chronicles

This page was created 06 Sep 2008

(page 10)

95-Year Chronicle of Events (1904-1999)

1904 — Opened for business

1905 — Total Resources — $55,178.89

1905 — Changed to National Bank

1913 — TALMON SEXTON elected President

1919 — Changed name to First National Bank of Oneida

1919 — Bought City Hotel property

1921 — Moved to new main office building

1923 — Sold old bank building to Oneida Bank and Trust Company

1926 — Leased space in lobby to Western Union for telegraph office

1930 — Acquired baseball park (Fairground) property

1930 — BROMMA PARNELL (Pemberton) hired

1930 — Total Resources — $558,954.29

1937 — Bought Robbins Bank and Trust Company

1941 — SAM BLAIR elected board member

1943 — TALMON SEXTON died

1943 — E. C. TERRY elected President

1951 — Remodeled bank building

1956 — Joined Scott County Chamber of Commerce

1956 — HOWARD H. BAKER, Jr., Dr. MILFORD THOMPSON elected board members

1959 — W. H. SWAIN elected President

1959 — HAROLD CROSS and C. L. KLINE elected board members

1962 — Instituted employee profit sharing plan

1963 — FRANK C. THOMAS elected board member

1964 — HOWARD H. BAKER, Sr. died

1966 — Helenwood Office opened

1966 — Total resources — $6,772,413.20

1967 — New Main Office dedicated

1967— HOWARD TIBBALS elected board member

1967— W. H. SWAIN elected director of Federal Reserve Bank in Nashville

1968 — Dr. ROY L. McDONALD elected ~board member

1968 — SAM BLAIR died

1969 — Total Resources —$10,465,497.49

1970 — DON C. STANSBERRY, Jr. elected board member

1970 — HOWARD H. BAKER, Jr. resigned from board

1972 — Total Resources —$16,353,779.38

1972 — JACK D. WALZ hired

1972 — Capital Stock increased to 400,000 shares outstanding

1973 — Huntsville Office opened

1975 — MICHAEL B. SWAIN and ROBERT M. THOMPSON elected board members

1975 — Winfield Office opened

1977 — Moved bookkeeping to old bank building on Main Street

1979 — ROSS FAIRES and BROMMA PEMBERTON elected board members

1980 — BROMMA PEMBERTON retired

1980 — SCOTT THOMPSON elected board member

1980 — MILFORD THOMPSON died

1981 — RUTH THOMPSON elected board member

1981 — Total Resources — $40,361,000.00

1982 — W. H. SWAIN served as President of Tennessee Bankers Association

1983 — SCOTT THOMPSON and MICHAEL SWAIN assumed responsibility for day-to-day operation of the bank

1983 — Operations Center (old bank building) rebricked

1983 — Helenwood Office expanded

1983 — Installed two automated teller machines

The Oneida House -- Future Site of First National Bank

This View on Oneida's Main Street (now Depot Street) around 1915 shows the future site of the first office of First National Bank of Oneida.  It was constructed where the two-story structure at left is.  In the early 1900's, this was known as The Oneida House -- one of several hotels in downtown Oneida catering to travelers on the railroad.

1984 — Introduced new logo on outdoor signs at all offices

1984 — Total Resources —$59,093,000.00

1985 — LAWRENCE KLINE died

1985 — RON PARKINSON elected to board

1985 — Vault addition to Helenwood Community Office

1986 — First Bancorp, Inc. Holding Company formed

1986 — Log facade at Winfield Community Office

1987 — Dr. GEORGE KLINE elected to board

1987 — HAROLD CROSS died

1988 — Converted to IBM System 36 computer

1988 — M.A.P. (Management Advisory Personnel) Group formed

1988 — New Office Hours; discontinued Saturday banking

1989 — W. H. SWAIN elected Director of Federal Reserve Bank in Atlanta

1989 — Total Resources —$81,849,232.00

1989 — Prime Time Club’s first trip

1989 — EARL BURRESS died

1989 — First Insured Insurance Agency opened

1989 — Began publishing FNB Chronicle

1990 — DONNA JEFFERS died

1990 — Junior Advisory Board established

1991 — PAUL McGRAW elected to board

1991 — STEPHEN DANNY CROSS elected to board

1991 — JACK WALZ retired

1991 — Dr. GEORGE KLINE died

1991 — Teller machines purchased

1991 — MICHAEL SWAIN elected President and CEO

1992 — WILLIAM PAUL PHILLIPS elected to board

1992 — JAMIE COTTON elected to board

1992 — JACK WAIZ died

1993 — 401-K Retirement Plan for employees started

1993 — MICHAEL SWAIN named CEO

1993 — FNB Mini Grant Program in local schools started

1994 — Photo ID Program started

1994 — 90th Anniversary of First National

1994 — Upgraded computer to IBM AS-400 and converted to Jack Henry CIF 20/20 Software

1995 — ATMs on Moneybelt network

1995 — Milestone — Total resources crossed the $100,000,000.00 mark — $109,674,894.96

1996 — Introduced 569-BANK 24 hour account information phone line

1996 — Cash dispensing ATM installed in Oneida Wal-Mart

1997 — First Bancorp, Inc. holding company dissolved

1997 — First National Bank of Oneida became a Sub Chapter S Corporation

1997 — Installed WEB site on Internet http://www.fnboneida.com

1997 — Design Build Concepts, Inc. engaged to design and build Central Office

1998 — Introduced Thumbprint I.D. Program

1999 — Chairman of the Board W. H. SWAIN celebrates 40 year anniversary with the bank

1999 — Grand Opening of the new Central Office

1999 — Sponsor/supporter of America’s Promise (General COLIN POWELL’s national crusade to endow children and teens with character and competence they need to succeed in life

FNB Chronicle, Vol. 11, No. 1 – Fall 1999
First National Bank
P.O. Box 4699
Oneida, TN 37841
(page 10)

This page was created by Timothy N. West and is copyrighted by him. All rights reserved.