In September 1911, Fredrick B. Hood came to Parker as a stockholder in the newly formed Parker State Bank and served as its cashier and manager. He bought land on what was then called Rural Road from Dr. Walter Heath, quickly began construction on a two-story house there, and moved into it with his wife, Myrtle, in December 1911. The family had three children, Winfred, Helen, and Florence. Hood became deeply involved in local business and community life: with bank director Harold Senter he acquired a Ford distributorship for the area and sold Model T Fords out of the bank; he served as a trustee of Ruth Memorial Episcopal Church and helped efforts to build its church building; he was secretary of the Parker Coronet Band; and he sometimes clerked at farm and ranch auctions. He was elected Douglas County Commissioner over Edgar Gerber by twenty-three votes, served in 1918 as director from the Pine Grove Precinct of the Liberty Loan Committee organization for Douglas County, and remained with the bank until it failed in 1922. The house was one of only two buildings in Parker left undamaged by a flood in 1912, and after later facing demolition it was saved by the Town of Parker and moved in 2008 from 11024 Pikes Peak Drive to Parker Preservation Park.