Former Bank of Moorhead

Bank of Moorhead

The history of this building was harder to track down than a dog walking through a river.  I was unable to locate any mention of the bank in the newspapers until 1909.  However, Dunbar Rowland came to the rescue with the 1907 publication of Volume II of the Encyclopedia of Mississippi History.  He reported the Bank of Moorhead was established as a branch of the Grenada Bank in 1904.  Grenada built a new bank building in 1910 and the accompanying news item indicated it was the “head of a system of banks” including Moorhead’s bank.

Bank of Moorhead, along with other Mississippi banks, was closed March 2-March 15 in 1933 in response to the banking crisis of the depression years (Banks in state opened today, 15 March 1933, Greenwood Commonwealth, p.1).  The bank bought Citizens State Bank of Moorhead, established 1919, in 1953.  It was remodeled in 1969.

It was last a Regions Bank branch, and when they closed the branch in 2015, they donated the building to the Hope Federal Credit Union.

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This entry was posted in Bank buildings, Historic Downtowns, Mississippi, Mississippi Delta Towns and tagged . Bookmark the permalink.

4 Responses to Former Bank of Moorhead

  1. Beth says:

    Bank genealogy is never easy to track down. Back in the 1990’s when Texas banks were changing ownership I knew people who had sat at the same desk for years and worked for 10-12 banks during those years. They rattled off the succession order with pride. Nice work!

    • Suzassippi says:

      “I don’t care who you are, that there is funny.” (Larry the Cable Guy). It was actually pretty amusing seeing the dueling newspaper ads between Bank of Moorhead and the Citizens State Bank of Moorhead. Apparently after the cashier of CSB was indicted and sent to Parchman, it paved the way for the consolidation, and probably, a lot of “I told you so.”

  2. Such a grand building seemingly all on its own now!

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