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TEXAS BANKING NEWS, PEOPLE AND IDEAS

News

Community Bankers Lead Charge to Rebuild Mason County Courthouse After Devastating Fire

June 7, 2021

February was not a good month for the Central Texas community of Mason. In addition to battling the pandemic and an arctic freeze that shut off power and water for days and crippled much of the state, the county courthouse in Mason was destroyed by a fire. Although the Texas Historical Commission had provided some money for a scheduled May 2021 renovation, that amount, combined with insurance funds, will fall $3.6 million short of what’s needed to rebuild the historic county courthouse.

While community bankers in Mason were in the midst of dispensing the second round of PPP funds to the area’s small businesses, a number of them also went to work to save the 111-year-old courthouse and solicit funds needed for its rebuild.

“The Commercial Bank is the county depository for the courthouse and we set up a fund early the next morning [after the fire] with our county treasurer,” says Curtis Donaldson, vice president/lending and business development at The Commercial Bank. “We launched the fundraising campaign right away. The bank made a donation to get things going.”

The fundraising effort, Friends of the Mason County Courthouse, is now a legal entity within the State of Texas and has filed for 501C(3) nonprofit status. Mason’s three banks—The Commercial Bank, Mason Bank and BancorpSouth Bank—have established accounts to collect and receive donations under the banner “Rebuild Our Courthouse.” The Friends of Mason County Courthouse has also created a website to solicit funds. In addition, a GoFundMe account has been set up to receive donations.

Donaldson has been named vice president of the Friends of the Mason County Courthouse board of directors and is working alongside the board’s president, Bobbie McMillan, former owner of The Commercial Bank, and board treasurer Connie Stockbridge, former senior vice president of Mason Bank.

Since the February 5 fire, the Friends of Mason County Courthouse team has worked diligently to keep the fundraising ball rolling. The initial phase of the project—to clean out the courthouse and remove asbestos—has been completed. Funds granted and raised to rebuild the courthouse currently stand at $15.8 million:

  • $3.7 million from the Texas Historical Commission renovation grant;
  • $6 million from a Texas State Legislature supplemental budget appropriation;
  • $5.7 million from Texas Association of Counties insurance funds; and
  • $400,000—and counting—raised by the Friends of the Mason County Courthouse via donations from across the U.S., as well as area fundraisers and $100,000 contributions from both The Commercial Bank and Mason Bank.

The total cost to rebuild the courthouse is estimated at $19.8 million. The Friends of Mason County Courthouse is hoping to raise a total of $4 million, or an additional $3.6 million, to ensure that the necessary funds are available for the rebuild. The group is planning a day-long fundraising event that will include a music concert and other activities.

“Local and regional banks have called, offering to make donations or support our fundraisers,” Donaldson says. “We hope that by raising awareness of the tragic fire, we can broaden our fundraising efforts to include additional Texas community banks. Community banks know, perhaps better than anyone, how important it is to maintain communities and the historical structures that are often the center of town and essential to their vibrancy.”

Dave Stauch and his firm, CPM Texas, have been enlisted to manage the Mason County Courthouse rebuild. In addition to managing rebuilding projects for numerous county courthouses in Texas, Stauch led the team that managed the renovation of the State of Texas Capitol and building of the Capitol Extension, an $187 million project completed in 1993.

Texas community banks interested in helping rebuild the Mason County Courthouse can contact Donaldson at 325/347-6324. To contribute to the rebuilding effort, banks and individuals can also donate to the “Rebuild Our Courthouse” efforts via three of the area’s banks:

  • The Commercial Bank, P.O. Box 40, Mason, Texas 76856;
  • Mason Bank, P.O. Box 1789, Mason, Texas 76856; or
  • BancorpSouth Bank, P.O. Box 434, Mason, Texas 76856.

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Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to contact the editorial department.

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to contact the editorial department.

News

Community Bankers Lead Charge to Rebuild Mason County Courthouse After Devastating Fire

June 7, 2021

February was not a good month for the Central Texas community of Mason. In addition to battling the pandemic and an arctic freeze that shut off power and water for days and crippled much of the state, the county courthouse in Mason was destroyed by a fire. Although the Texas Historical Commission had provided some money for a scheduled May 2021 renovation, that amount, combined with insurance funds, will fall $3.6 million short of what’s needed to rebuild the historic county courthouse.

While community bankers in Mason were in the midst of dispensing the second round of PPP funds to the area’s small businesses, a number of them also went to work to save the 111-year-old courthouse and solicit funds needed for its rebuild.

“The Commercial Bank is the county depository for the courthouse and we set up a fund early the next morning [after the fire] with our county treasurer,” says Curtis Donaldson, vice president/lending and business development at The Commercial Bank. “We launched the fundraising campaign right away. The bank made a donation to get things going.”

The fundraising effort, Friends of the Mason County Courthouse, is now a legal entity within the State of Texas and has filed for 501C(3) nonprofit status. Mason’s three banks—The Commercial Bank, Mason Bank and BancorpSouth Bank—have established accounts to collect and receive donations under the banner “Rebuild Our Courthouse.” The Friends of Mason County Courthouse has also created a website to solicit funds. In addition, a GoFundMe account has been set up to receive donations.

Donaldson has been named vice president of the Friends of the Mason County Courthouse board of directors and is working alongside the board’s president, Bobbie McMillan, former owner of The Commercial Bank, and board treasurer Connie Stockbridge, former senior vice president of Mason Bank.

Since the February 5 fire, the Friends of Mason County Courthouse team has worked diligently to keep the fundraising ball rolling. The initial phase of the project—to clean out the courthouse and remove asbestos—has been completed. Funds granted and raised to rebuild the courthouse currently stand at $15.8 million:

  • $3.7 million from the Texas Historical Commission renovation grant;
  • $6 million from a Texas State Legislature supplemental budget appropriation;
  • $5.7 million from Texas Association of Counties insurance funds; and
  • $400,000—and counting—raised by the Friends of the Mason County Courthouse via donations from across the U.S., as well as area fundraisers and $100,000 contributions from both The Commercial Bank and Mason Bank.

The total cost to rebuild the courthouse is estimated at $19.8 million. The Friends of Mason County Courthouse is hoping to raise a total of $4 million, or an additional $3.6 million, to ensure that the necessary funds are available for the rebuild. The group is planning a day-long fundraising event that will include a music concert and other activities.

“Local and regional banks have called, offering to make donations or support our fundraisers,” Donaldson says. “We hope that by raising awareness of the tragic fire, we can broaden our fundraising efforts to include additional Texas community banks. Community banks know, perhaps better than anyone, how important it is to maintain communities and the historical structures that are often the center of town and essential to their vibrancy.”

Dave Stauch and his firm, CPM Texas, have been enlisted to manage the Mason County Courthouse rebuild. In addition to managing rebuilding projects for numerous county courthouses in Texas, Stauch led the team that managed the renovation of the State of Texas Capitol and building of the Capitol Extension, an $187 million project completed in 1993.

Texas community banks interested in helping rebuild the Mason County Courthouse can contact Donaldson at 325/347-6324. To contribute to the rebuilding effort, banks and individuals can also donate to the “Rebuild Our Courthouse” efforts via three of the area’s banks:

  • The Commercial Bank, P.O. Box 40, Mason, Texas 76856;
  • Mason Bank, P.O. Box 1789, Mason, Texas 76856; or
  • BancorpSouth Bank, P.O. Box 434, Mason, Texas 76856.

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Previous May 16–22, 2021 Next Cadence Bank Announces Strategic Business Alliance With Unity National Bank of Houston

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Mississippi-based Cadence Bank to Acquire Industry Bancshares

1 2 … 5 Next >

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Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

Search

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

News

Community Bankers Lead Charge to Rebuild Mason County Courthouse After Devastating Fire

June 7, 2021

February was not a good month for the Central Texas community of Mason. In addition to battling the pandemic and an arctic freeze that shut off power and water for days and crippled much of the state, the county courthouse in Mason was destroyed by a fire. Although the Texas Historical Commission had provided some money for a scheduled May 2021 renovation, that amount, combined with insurance funds, will fall $3.6 million short of what’s needed to rebuild the historic county courthouse.

While community bankers in Mason were in the midst of dispensing the second round of PPP funds to the area’s small businesses, a number of them also went to work to save the 111-year-old courthouse and solicit funds needed for its rebuild.

“The Commercial Bank is the county depository for the courthouse and we set up a fund early the next morning [after the fire] with our county treasurer,” says Curtis Donaldson, vice president/lending and business development at The Commercial Bank. “We launched the fundraising campaign right away. The bank made a donation to get things going.”

The fundraising effort, Friends of the Mason County Courthouse, is now a legal entity within the State of Texas and has filed for 501C(3) nonprofit status. Mason’s three banks—The Commercial Bank, Mason Bank and BancorpSouth Bank—have established accounts to collect and receive donations under the banner “Rebuild Our Courthouse.” The Friends of Mason County Courthouse has also created a website to solicit funds. In addition, a GoFundMe account has been set up to receive donations.

Donaldson has been named vice president of the Friends of the Mason County Courthouse board of directors and is working alongside the board’s president, Bobbie McMillan, former owner of The Commercial Bank, and board treasurer Connie Stockbridge, former senior vice president of Mason Bank.

Since the February 5 fire, the Friends of Mason County Courthouse team has worked diligently to keep the fundraising ball rolling. The initial phase of the project—to clean out the courthouse and remove asbestos—has been completed. Funds granted and raised to rebuild the courthouse currently stand at $15.8 million:

  • $3.7 million from the Texas Historical Commission renovation grant;
  • $6 million from a Texas State Legislature supplemental budget appropriation;
  • $5.7 million from Texas Association of Counties insurance funds; and
  • $400,000—and counting—raised by the Friends of the Mason County Courthouse via donations from across the U.S., as well as area fundraisers and $100,000 contributions from both The Commercial Bank and Mason Bank.

The total cost to rebuild the courthouse is estimated at $19.8 million. The Friends of Mason County Courthouse is hoping to raise a total of $4 million, or an additional $3.6 million, to ensure that the necessary funds are available for the rebuild. The group is planning a day-long fundraising event that will include a music concert and other activities.

“Local and regional banks have called, offering to make donations or support our fundraisers,” Donaldson says. “We hope that by raising awareness of the tragic fire, we can broaden our fundraising efforts to include additional Texas community banks. Community banks know, perhaps better than anyone, how important it is to maintain communities and the historical structures that are often the center of town and essential to their vibrancy.”

Dave Stauch and his firm, CPM Texas, have been enlisted to manage the Mason County Courthouse rebuild. In addition to managing rebuilding projects for numerous county courthouses in Texas, Stauch led the team that managed the renovation of the State of Texas Capitol and building of the Capitol Extension, an $187 million project completed in 1993.

Texas community banks interested in helping rebuild the Mason County Courthouse can contact Donaldson at 325/347-6324. To contribute to the rebuilding effort, banks and individuals can also donate to the “Rebuild Our Courthouse” efforts via three of the area’s banks:

  • The Commercial Bank, P.O. Box 40, Mason, Texas 76856;
  • Mason Bank, P.O. Box 1789, Mason, Texas 76856; or
  • BancorpSouth Bank, P.O. Box 434, Mason, Texas 76856.

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MORE News

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Moody Foundation Awards $200,000 to Texas Southern University’s Future Bankers Leadership Program

Texas Bankers Hall of Fame Inducts Burris, Cooper, Hartenstine, Hoxworth and Nesbitt at Annual Gala

Louisiana-based Origin Bank Opens New Office in The Woodlands, Hires Staley for Business Development

Mississippi-based Cadence Bank to Acquire Industry Bancshares

1 2 … 5 Next >

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

Search

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

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© 2024 Bankers Digest—Published by IBAT Marketing Inc.
a SUBSIDIARY of the Independent Bankers Association of Texas

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a SUBSIDIARY of the Independent Bankers Association of Texas3

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© 2024 Bankers Digest—
Published by IBAT Marketing Inc.,
a SUBSIDIARY of the Independent Bankers Association of Texas