BANKS, TEXAS. Banks was on Sheep Creek two miles south of the site of present McGregor in western McLennan County. It was established in 1880 by the Gulf, Colorado and Santa Fe Railway, when that line was laying track between Temple and Fort Worth. A post office, with Thomas H. Baker as postmaster, was established at Banks in April 1882, when the community's population was estimated at 200. Later that year the Texas and St. Louis Railway crossed the GC&SF two miles north of Banks; the railroad company decided that the second site would be a better place for a town, and McGregor was established. Many residents of Banks accepted the railroad's offer to exchange their property for lots in McGregor, and several businesses moved as well. In October 1882 the post office was transferred to McGregor, and Banks faded quickly.
Image Use Disclaimer
All copyrighted materials included within the Handbook of Texas Online are in accordance with Title 17 U.S.C. Section 107 related to Copyright and “Fair Use” for Non-Profit educational institutions, which permits the Texas State Historical Association (TSHA), to utilize copyrighted materials to further scholarship, education, and inform the public. The TSHA makes every effort to conform to the principles of fair use and to comply with copyright law.
For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml
If you wish to use copyrighted material from this site for purposes of your own that go beyond fair use, you must obtain permission from the copyright owner.
The following, adapted from the Chicago Manual of Style, 15th edition, is the preferred citation for this article.Handbook of Texas Online, Vivian Elizabeth Smyrl, "Banks, TX," accessed July 24, 2016, http://www.tshaonline.org/handbook/online/articles/hrbjy.
Uploaded on June 12, 2010. Published by the Texas State Historical Association.