Industry State Bank, 1210 FM 109, New Ulm, TX 78950, US

or over 100 years, Carmine State Bank has been providing financial services to Carmine and surrounding communities. On July 1, 1907, 26 citizens, with a combined investment of $10, 000 in Capital Stock, organized Carmine State Bank. On September 3, 1907 the bank opened for business. The same day, a horseshoe was found at the front of the bank door, which later became the official bank logo.On July 7, 1927, the independently owned Carmine State Bank received a charter from the State Banking Department, making the bank the 269th State Member Bank. Of these banks, only 20 remain in operation today. The Federal Deposit Insurance Corporation ( FDIC ) granted membership to Carmine State Bank on November 4, 1964.Due to the increased growth during the past years, Carmine State Bank constructed a new 9, 000 square foot, two-story banking facility in 1987. In 1996, operations were expanded to the second floor. The bank offers customers drive-thru banking, safe deposit boxes, Automated Teller Machine ( ATM ), and night depository.