Built by Eli Barnett in 1912 and completed in 1914, the Temecula bank was locally owned and was known as the "Pawn Shop" by its rancher directors. On August 13th, 1930, it was robbed, but townspeople promptly captured the robber and recovered the loot in full. Its doors remained open during the Depression until it eventually closed in 1941. For many years, the second floor served as the community center and dance hall.