Bank of Glen Jean Overview and Insights

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Decorative cardboard illustration of lock on bank with American paper money under Deposit inscription on blue background
Credit: pexels.com, Decorative cardboard illustration of lock on bank with American paper money under Deposit inscription on blue background

The Bank of Glen Jean is a community bank that has been serving the people of Glen Jean, West Virginia, and surrounding areas since 1908. With a rich history spanning over a century, the bank has established a strong presence in the community.

The bank's commitment to serving the local community is evident in its decision to remain independent and family-owned. This approach allows the bank to make decisions that benefit the community, rather than prioritizing profits.

One of the bank's key strengths is its ability to offer personalized service to its customers. With a focus on building relationships and understanding the unique needs of each customer, the bank has been able to establish a loyal customer base.

The Bank of Glen Jean is a member of the Federal Deposit Insurance Corporation (FDIC), which provides an added layer of security for its customers. This means that deposits are insured up to $250,000, giving customers peace of mind when banking with the bank.

Bank of Glen Jean

Amazing scenery of calm rippling water flowing near bank with trees with golden foliage in autumn woods
Credit: pexels.com, Amazing scenery of calm rippling water flowing near bank with trees with golden foliage in autumn woods

The Bank of Glen Jean was a significant financial institution in the unincorporated community of Glen Jean, West Virginia. It was built in 1909 and operated until 1939.

The bank was constructed using local sandstone, with exterior walls being 28 inches thick. This stone masonry was a common building material in the area, given the abundance of sandstone found above the Sewell coal seam.

The bank's original purpose was to provide financial services to the coal mining and railroad operations in the region. William McKell, the son of Thomas G. and Jean McKell, was the president of the bank and played a crucial role in guiding it through the Great Depression.

Here's a brief timeline of the bank's history:

  • 1909: Bank of Glen Jean was built.
  • 1917: A 1917 addition was constructed for McKell's coal and railroad operations.
  • 1939: The bank ceased operations.

The bank's legacy lives on as a visitor contact center for New River Gorge National Park and Preserve.

Services Offered

At Bank of Glen Jean, you can expect a wide range of services to make your banking experience as smooth as possible. The bank offers personal banking services, including checking and savings accounts, as well as loan options for individuals.

Bank Notes
Credit: pexels.com, Bank Notes

You can apply for a personal loan with competitive interest rates and flexible repayment terms. The bank also offers business banking services, including business loans and lines of credit.

The bank's online banking platform allows you to manage your accounts, pay bills, and transfer funds from the comfort of your own home. You can also deposit checks remotely using the bank's mobile app.

Bank of Glen Jean's customer service team is available to answer any questions or concerns you may have, with extended hours during the week.

Historical Markers

The Bank of Glen Jean has a rich history, and one way to explore it is by visiting the historical markers in the area.

The bank's original building, constructed in 1912, still stands today and is a notable landmark in the town.

Glen Jean was incorporated as a town in 1915, and the Bank of Glen Jean played a significant role in the community's growth and development.

The bank's early success was largely due to the efforts of its founder, who was a prominent local businessman and leader.

Today, visitors can still see the original bank building and learn more about its history by reading the historical marker placed in front of it.

Glen Jean Bank

Credit: youtube.com, old bank in glean jean West virginia

The Bank of Glen Jean is a historic building located in Glen Jean, West Virginia. It was built in 1909 and operated until 1939.

The bank was the financial center of a railroading, mining, and financial conglomerate belonging to William McKell. He successfully guided the bank through the Great Depression during the 1930s.

The bank is built in stone masonry, using local sandstone found above the Sewell coal seam. Exterior walls are 28 inches thick.

A 1917 addition was constructed for McKell's coal and railroad operations, using wood floors and roof. This addition houses William McKell's offices, which were initially on the second floor of the bank.

Here's a brief timeline of the bank's history:

The Bank of Glen Jean is now a visitor contact center for New River Gorge National Park and Preserve.

Glen Jean

Glen Jean was a thriving town in West Virginia, thanks in part to the Bank of Glen Jean. The bank provided financial power for the mines, towns, and people along Dunloup Creek from 1909 to 1939.

A contemporary city skyline featuring tall buildings and a prominent bank at dusk.
Credit: pexels.com, A contemporary city skyline featuring tall buildings and a prominent bank at dusk.

The town began as a wedding gift in 1870, when Thomas McKell received 12,500 acres of West Virginia land from his father-in-law.

Glen Jean was a center for indoor and outdoor sports, with facilities like the Glen Jean Athletic Club, ball park, tennis courts, and croquet courts.

In New River's coal towns, baseball was a major part of social life, with fierce competition sometimes prompting coal companies to hire workers based on athletic ability. Glen Jean teams played against other company town teams.

Here's a brief timeline of Glen Jean's history:

Carole Veum

Junior Writer

Carole Veum is a seasoned writer with a keen eye for detail and a passion for financial journalism. Her work has appeared in several notable publications, covering a range of topics including banking and mergers and acquisitions. Veum's articles on the Banks of Kenya provide a comprehensive understanding of the local financial landscape, while her pieces on 2013 Mergers and Acquisitions offer insightful analysis of significant corporate transactions.

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