The Bank of Prescott was officially organized on August 5, 1904 by a group of
local citizens lead by Thomas C. McRae, a former United States Congressman and future governor of Arkansas.
(On April 14, 2001, the Prescott Middle School was renamed to honor Governor
McRae. To read the dedication speech made by local attorney James H.
McKenzie, 
)
(Additional biographical information on Governor McRae can be found at: http://www.depotmuseum.org/articles.heitml?&article=24.
To view a picture of the original bank from the early 20th century, .
The Bank of Prescott celebrated its 75th anniversary in 1979. To
commemorate the event, the bank published an anniversary booklet filled with old
pictures and historical information. To view parts of the 75th Anniversary
issue .
The Bank of Prescott is celebrating its 100th anniversary in 2004. To
read about some of the bank's history,