Jesse L. Bailey (1848-1926) and his son Charles C. Bailey (1871-1947) opened a private bank in conjunction with a mercantile business in Bartlett in 1898. J. L. Bailey and Son, Bankers, was replaced by the First National Bank of Bartlett in 1900. The institution was located on Clark Street downtown in a building that straddled the Williamson-Bell county line. The bank was granted a state charter in 1968 and was renamed the First Bank and Trust Company. Opening ceremonies were held in the new bank building at S. Dalton and Pietzsch streets on Sept. 15, 1968.