On the west side of Main Street just south of Cedar are several empty lots (and I am using the plat map to count the lots). If you look closely at the ground, a section of the tile floor of the old Farmers National Bank, earlier known as the Commercial State Bank, is still part of the landscape.
The Commercial State Bank chartered in 1908 and opened for business in January 1909. The bank’s primary competitor was the First National Bank of Ridgeway just down the street. In May, the bank purchased lots 1 and 2 of Block 23 from Mrs. Lugenia Witt for $1800. The lots had previously been occupied by a rental home and the Ridgeway Photo Gallery. A handsome, two-story brick building was built on those lots and the new bank was open by December 1909.
The bank wasn’t the only business that occupied the building at the time. The rooms of the upper floor were rented out at different times to several dentists, a real estate agent, an attorney, and an osteopathic physician, and the Woodman lodge for their band to have rehearsals.
The Commercial State Bank remained in operation until 1925 when it was reorganized into the Farmers’ National Bank of Ridgeway. The building burned in January 1979 after Farmers National Bank moved into their new building on Cedar Street, destroying the Echo Insulation Co, a neighboring building formerly occupied by the Farmer’s Store and a car owned by Mrs. Frances Woody. (Bethany Republican-Clipper, Jan 31, 1979).