Phillips County Museum News for Wednesday, September 25, 2024

The First State Bank is one of the oldest businesses in Malta, and we should remember all the awe-inspiring things that this bank has overcome in the first few years it was open.

One of the many interesting things about the old First State Bank is that it weathered through all the various panics, droughts, tough winters, and war periods without help from any outside sources and without having to make an assessment on its stockholders.

The First State Bank was organized in the year 1903, and R.M. Trafton became Malta’s first businessman; he became the one who instigated the organization to open...