The State Bank of Payson opened its doors on May 21, 1917. The building was built expressly for the bank. It operated until January 1932. Partly due to the depression, bad loans caused a lack of funds. Payson was without a bank for over 8 years.The bank remained closed until August 1940 when the Commercial Bank of Payson opened in the building. In 1956 the bank merged with First Security and then in 2000 there was a merger with Wells Fargo. Three banks and much remodeling have changed the original bank but it still serves the community today,
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