The First National Bank of West Union was organized in 1934, taking over the assets of the defunct Fayette County National Bank, which closed following a bank moratorium declared by President Roosevelt in 1933. First National Bank moved to its present facility in 1935. An additional drive-through location was constructed in West Union in 1966, while a branch office was opened in nearby St. Lucas in 1978. The bank celebrated its 75th year of operation in 2009; at that time, deposits totaled $90 million.