Since 1890, the financial interests of this area have been served by The First National Bank and its predecessor The Tredagar National Bank, an institution of Jacksonville's boom days. Its organizers were Peyton Rowan, president; Jos. W. Burke, a Brig. Gen. USA, vice president; and George P. Ide, cashier. Horace Lee Stevenson served as president from 1900 to 1913. The bank's name was changed to First National Bank on March 25, 1913. Its presidents were Maximillian Bethune Wellborn from 1913 to 1914, Henry A. Young from 1914 to 1918, Arthur Wellborn from 1918 to 1934, Clarence William Daugette from 1934 to 1942, and Clarence William Daugette, Jr., from 1942 onward.