The oldest financial institution in continuous operation in Nocona, the Farmers and Merchants National Bank was founded in 1905 with capital stock of $30,000. Seven directors were named at the bank's organizational meeting, and W.A. McCall (1845-1915) was named President. Upon his death, he was succeeded by his son, Cadmus McCall (1876-1953), who served for thirty-eight years. First housed in the J.A. Foshee Store at Oak and Clay Streets, the bank moved to this location in 1926. Throughout its history, the bank has been active in the civic life of Nocona. (1987)