This building was erected as the home of the Bank of Anderson, an outgrowth of the Anderson National Bank founded in 1872 with Col. Joseph Newton Brown as president. The early bank was located on the west side of the square and was the second banking institution established in the city. In 1891 the Anderson National Bank was reorganized and renamed the Bank of Anderson, with B.F. Mauldin as its first president. The bank continued in operation until 1925. The original entrance to this building was on the corner. In early years this site was occupied by a general store owned by Christopher Orr and later by a mercantile establishment owned by Col. Bayliss F. Crayton.