[Congressional Record Volume 170, Number 127 (Friday, August 2, 2024)]
[Extensions of Remarks]
[Page E798]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
RECOGNIZING POINTBANK'S 140TH ANNIVERSARY
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HON. MICHAEL C. BURGESS
of texas
in the house of representatives
Friday, August 2, 2024
Mr. BURGESS. Mr. Speaker, I rise today to recognize PointBank as it
celebrates the 140th anniversary of its founding. I'm honored to
congratulate PointBank on reaching such a significant milestone.
As an independent bank located in Denton County, PointBank has served
North Texas since its founding in 1884. Over the last 140 years,
PointBank has expanded across Denton County, providing locally owned,
full-service, community banking. It is an honor to recognize the
dedicated and steadfast service that they have provided to Denton
County citizens and businesses over the past 140 years.
After James Pierson fulfilled his vision in 1853 of establishing the
town of Pilot Point, he and other residents realized they needed a bank
to serve their hometown's needs. Less than 40 years after the
organization of Denton County, the Pilot Point Bank opened its doors in
1884, serving as the forerunner of PointBank. Just eight years later,
on July 13, 1892, the bank received its charter as Pilot Point National
Bank. On November 15, 1995, more than 100 years after its founding,
Pilot Point Bank shortened its name to PointBank, as it is currently
known today. Since its inception, PointBank has had seven presidents
and the bank's ownership has been passed down through multiple
families. In 1981, Mr. J. Raymond David, Sr. became President of the
bank and served in that role until 2004 when he was succeeded by his
son, Mr. Ray David, Jr.
Today, PointBank serves their Denton County customers from their nine
bank locations in Argyle, Denton, Lewisville, Little Elm, Flower Mound,
the Lake Cities, and its first location in Aubrey. PointBank has
exciting plans for future growth and expansion to additional North
Texas communities.
Since its founding, PointBank has remained a locally owned,
independent Denton County based bank that knows the area and the people
that they serve, taking pride in being a ``people bank.'' I stand here
today to celebrate with the David family and their employees, looking
back at an exemplary 140 years of service to our community and looking
ahead to many more years to come.
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