First National Bank hosting events for 118th anniversary

There’s a big birthday party planned for Second Ave. SW on Friday, Aug. 21.

The First National Bank of Milaca is turning 118, and its inviting you to help one of Milaca’s oldest businesses to celebrate.

The bank, located at 190 Second Ave. SW, is hosting two parties on August 21 – an event for its Kids Club members and a street dance for adults.

The children’s event is from 5-7 p.m. It has a safari theme this year, said the bank’s event planner, Tracy Otten.

“There will be games, free hot dogs and more,” Otten said. There is a kid’s dance planned during the event, she said.

There will also be a safari costume contest with prizes for the winners.

For the adults, the Marshall Star Band will take to a stage in front of the bank from 7-11 p.m.

Marshall Star Band is a country band with three strong vocalists, steel/fiddle, piano, and lead guitar.
Concessions will be available during the street dance. A drawing for cash prizes will also be held, so it’s one street party you won’t want to miss.

“This is a community celebration, so everyone is invited to attend,” Otten said.

The bank was first organized in 1897 by Merrit M. Ring. A brick bank building was demolished by an explosion caused by burglars. A new bank was built and went by the names Mille Lacs County Bank, Farmers State Bank, and then the First National Bank of Milaca.

In 1907 J.A. Allen took over as manager of the bank. In the 1920s, his son Burton P. Allen joined the business. His son Burton P. Allen Jr., known in the community as Pete, joined his father in managing the bank in 1956.

The bank moved to its present location at 109 Second Ave. SW in 1961.