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Wauchula State Bank opens for business on April 24, 1929.
While working for a Panama City bank, J.W. Crews, Sr. acquires controlling interest of Wauchula State Bank on May 25, 1932, and two years later, he moves to Wauchula to become President of Wauchula State Bank. At age 26, Crews is the youngest bank president in the U.S. according to the American Bankers Association.
First State Bank of Arcadia (now Crews Bank & Trust) is established and opens doors on N. Brevard Avenue.
The Crews family establishes Crews Banking Corporation and DeSoto Banking Corporation holding companies. DeSoto Banking Corporation purchases a controlling interest in First State Bank of Arcadia.
Charlotte State Bank opens on Tamiami Trail, near Midway Boulevard in Port Charlotte, with Crews Banking Corporation owning controlling interest. Charles Brown II is named bank president.
Local businessman Ferold A. Davis, serves as President.
Over the next three years, Charlotte State Bank would become Florida’s 12th-leading small business lender.
Charlotte State Bank moves into a new, two-story building at 1100 Tamiami Trail, in the Murdock section of Port Charlotte.
Charlotte State Bank establishes Trust powers, creating a Trust and Investment Management Services division. DeSoto Banking Corporation merges with Crews Banking Corporation.
Crews Banking Corporation purchases controlling interest in Englewood Bank, making Crews Banking Corporation a four-bank holding company.
JW “Jake” Crews, IV joins our management team as a fourth generation Crews family member and today serves as CEO and Chairman of Charlotte State Bank & Trust. He continues to build upon his family's heritage through his passion for technology and dedication to customer relationship.
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