Located in the midst of a rich oil field, Casey was a “boomtown” around the turn of the 20th century. Among the effects of the oil boom on the area were an influx of money and the development of a number of banks.
In 1880, Clayborn Fuqua was operating one of those banks on a balcony at the back of a retail store building at No. 1 South Central Avenue. It was known as the Bank of Casey, C. Fuqua & Sons, Bankers, and would eventually become Casey State Bank.
In 1885, Doit Young became the cashier of the Bank of Casey. When Clayborn Fuqua died in 1900, Mr. Young, along with Chas. F. Johnson, R.A. (Dick) Young and Eli Bower, started the Merchants and Traders bank to succeed the Bank of Casey.
Late in 1905, Doit Young and Chas. Johnson, who together had purchased the interests of R.A. Young and Eli Bower, decided to convert their private bank into a national bank. On January 12, 1906, National Charter No. 8043 was issued to The Casey National Bank. In 1940 The Casey National Bank bought the assets and business of the First National Bank in Casey.
A Family-Owned, Full-Service Bank
In 1968, S.W. “Stan” Grotenhuis purchased The Casey National Bank, and his family continues to operate the bank today. In October 1978, the bank moved into its present quarters at 305-307 North Central Avenue. A Certificate of Conversion was issued on August 2, 2000, approving the conversion of The Casey National Bank to Casey State Bank.
Today, with the area’s economic emphasis focused on manufacturing, construction and agriculture, Casey State Bank serves its customers from our main facility and branch in Casey and from locations in Flat Rock, Lawrenceville, Martinsville, Robinson and Marshall. Deeply rooted in the Clark, Crawford, and Lawrence communities we serve, our goal is to bring you the great service and personal touch you have come to expect.