Our History

Although Bowie had existed for some time without a bank, in 1890 it suddenly occurred almost simultaneously to at least two groups that a financial institution should be organized. Although the first couple of attempts to form a bank by these two groups were unsuccessful, the Comptroller of Currency issued National Bank Charter no. 4265 to the First National Bank on March 10, 1890.

1920s and 1930s

Pictures inside the Bank illustrate the darker days of banking during the 1920s. In 1932, at a time when all the other banks in Bowie were closing their doors, First National Bank did not even spend the money to have its statements printed. On December 14, 1932, statements were typed and copies were prepared with carbon paper to save the cost of printing. Less than three months after this date, a nationwide bank holiday was declared. On March 15, 1933, the first day that any national bank outside of reserve cities and cities with clearing houses was permitted to open, First National Bank reopened for Business.

1940s and 1950s

During the 1940s and 1950s, the bank thrived. It wasn't long before the bank had a need for additional space and a number of additions were made to the original bank building at this time. In the late 1940s and early 1950s the bank continued to prosper with deposits exceeding the $1 million mark in 1940. The individual who coined the phrase, "The First Million is the hardest," must have been thinking of First National Bank. It took 50 years to get to the first million; less than three years later the $2 million milepost was passed.

1960s to the 1990s

The First National Bank saw continued growth during this time period. During the early 1960s, the bank built its first motor bank to make the banking experience more convenient for its customers. During the 1990s, the First National Bank of Bowie experienced substantial growth by acquiring and building four additional banking centers located in Nocona, Alvord, Henrietta and Decatur. In 1999, the combined assets of the First National Bank of Bowie achieved all-time records when it grew to over $223 million.

2000 to 2015

Facing increased competition from other banks and with the presence of over 300 banks in Texas at that time named First National Bank, the Board of Directors realized it needed a more distinctive name in order to capitalize on future growth in different markets. Staying true to the bank's original commitment of remaining an independent and locally owned bank in each of the communities it serves, the name "Legend Bank" was chosen in 2001.

Expansion continued with new locations in Whitesboro, Bonham, Ft. Worth, Wichita Falls and Sherman. In 2015, we celebrated a monumental anniversary, 125 years of service to our customers and the communities we serve. It’s  quite remarkable how we strengthened our roots through the years, since our founding as First National Bank of Bowie in 1890.

2016 - 2019

In 2016, the new Bowie Banking Center and Headquarters opened marking another important time in our history. The beautifully designed facility includes historical features highlighting our great heritage in Bowie while new, state-of-the-art functionality brings banking conveniences to serving customers.

In 2017, Legend Bank was selected as the 4th Best Bank to Work for in the Nation and the 22nd Best Company to
Work for in Texas. In September 2017, Legend Bank opened the Bowie Operations Center, next to the Bowie Banking Center and Headquarters.

As we face a new era of providing our communities' with another 130 years of sound banking and financial services, we can say with complete confidence that at Legend Bank, the legend continues . . .

We opened full service locations in Wichita Falls and North Richland Hills in 2018. On April 15, 2019, Legend
Bank announced the acquisition of the Independent Bank Whitewright location. On June 3, 2019, Legend Bank acquired Enloe State Bank in Cooper. This was a unique opportunity for Legend Bank and we quickly worked
together with the Enloe State bankers to welcome them to Legend Bank. 

2020 - Today

In January, 2020, we opened our full-service location in Sherman to serve the Grayson county area. In February, 2020, we opened our first mortgage services office in Boyd.

On March 10, 2020, we celebrated our 130th anniversary of serving customers and businesses in our communities.

It's our privilege to serve. 

About Us

Our mission is to be a profitable, sound, responsive, locally-owned community bank that provides ultimate protection for depositors funds. Our goals are to grow and create shareholder value.

We recognize for us to achieve our mission we must commit to:

  • Providing quality products and services competitively priced;
  • Being creative and responsive to our customers' changing needs;
  • Selecting, training, and maintaining a professional team and providing an environment where they feel motivated to achieve outstanding performance and in which they can obtain a sense of personal worth, growth, achievement, and recognition;
  • Strongly supporting the continued growth and development of our communities.

The foundation of our personal and business practice includes:

  • Honesty and Integrity
  • Safety and Soundness
  • Accuracy and Dependability
  • Confidentiality and Professionalism