September 2,1919: Trade Street Branch Bank Opens

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On this day in 1919, Wachovia Bank opened a branch location on the northwest corner of Trade and Fifth Street.  It was opened for the express purpose of accommodating the thousands of farmers who came to Winston-Salem during the tobacco market.  Farmers were paid for their tobacco at the branch bank.

The building was constructed by the Farmers Stock Company, which operated a general store and farm supply business.  It was later leased for a harness shop, the Townsend Buggy Company.  After it was acquired and used by Wachovia, it was enlarged in 1926.  It was the oldest Wachovia branch bank in Winston-Salem.

The above photo shows the building in 1961.

Photo courtesy of Forsyth County Public Library Photograph Collection.

 

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