85S10528 RMA-D
By: Wray H.R. No. 45
R E S O L U T I O N
WHEREAS, Citizens National Bank of Texas is celebrating its
150th anniversary in 2018; and
WHEREAS, This institution was initially founded in 1868 as
Ferris and Getzendaner, Attorneys at Law and Bankers, in
Waxahachie; the business served as the only banking operation in
North Texas for many years, and in June 1884, it earned a federal
charter and was renamed Citizens National Bank; in 1905, it merged
with First National Bank to become Citizens National Bank of
Waxahachie, and it went on to do business under that banner for a
century before assuming its present name; and
WHEREAS, Since 1930, CNBT has primarily been owned and
operated by the same family; Colonel M. E. Singleton served as
president for eight years before his death in 1938, at which time
his son, M. E. "Marvin" Singleton Jr., took the reins; he in turn
was succeeded by his son, George H. Singleton, in 1987, and for the
past quarter century, the bank has been ably guided by a member of
the fourth generation, M. E. "Mark" Singleton III; and
WHEREAS, From its humble beginnings, CNBT has undergone
dramatic growth, and today it encompasses 12 branches across 9
North Texas cities and holds more than $800 million in total assets;
through the years, the bank has supported a host of charities and
civic organizations and awarded over 600 college scholarships to
local students; in the past year alone, its employees have
contributed a combined total of some 15,000 volunteer hours to
their respective communities; and
WHEREAS, For a century and a half, Citizens National Bank of
Texas has played a vital role in the prosperity of the Dallas-Fort
Worth Metroplex and beyond, and it is truly deserving of special
recognition on this important milestone in its history; now,
therefore, be it
RESOLVED, That the House of Representatives of the 85th Texas
Legislature, 1st Called Session, hereby commemorate the
sesquicentennial of Citizens National Bank of Texas and extend to
all those associated with the institution sincere best wishes for
the future; and, be it further
RESOLVED, That an official copy of this resolution be
prepared for the bank as an expression of high regard by the Texas
House of Representatives.