About Us

Pilgrim Bank was originally chartered as First Guaranty State Bank of Pittsburg, in Camp County, Texas on April 11, 1911, with total assets of $83,000. The bank became First State Bank in 1925 and purchased the First National Bank of Newsome the following year. Surviving World War I, the stock market crash and The Great Depression, the bank stood strong at $360,000 in assets in December 1939.

Downtown Pittsburg remained the home of this small community bank as many men and women served their country during World War II. In 1969, Lonnie "Bo" Pilgrim purchased the bank, becoming Chairman of the Board. In 1982, the first 24- Hour Automatic Teller Machine (ATM) in Camp County was installed at the newly remodeled bank downtown, boasting five motor bank lanes, one commercial lane and a walk-up window in the motor bank lobby. By 1984, assets had exceeded $41 million.

NETEX Bancorporation, a one-bank holding company, was established in 1993 and acquired 100% ownership of First State Bank. The First State Bank name was changed to Pilgrim Bank in March 1997, breaking away from the traditional generic names in the banking industry. A milestone for the bank was reached in June 1997, when Pilgrim Bank opened its first branch located in neighboring Mt. Pleasant, Texas. Over the next several years, Pilgrim Bank opened two additional locations in Mt. Pleasant.

In 2008, Pilgrim Bank acquired Community Bank and expanded their banking footprint across Texas with banking locations located in Sulphur Springs, Wellington and Clarendon. In 2015, 9 additional banking locations were added in North Central Texas with the acquisition of State National Bank of Texas.

In 2024, Pilgrim Bank opened it's first Loan Production Office (LPO) and Deposit Production Office (DPO). This expansion represents Pilgrim Bank’s continued commitment to providing exceptional financial solutions and strengthening their presence in key Texas markets.

In 1998, the legacy 3 story building in Mt. Pleasant became the corporate headquarters for our 13-location company. Today, Pilgrim Bank centers dot the Texas landscape with locations in 9 county seats across this great state.

NETEX Bancorporation became Pilgrim Bancorporation in April 2008. Pilgrim Bank continues to travel the road that we have paved with integrity and trustworthiness, standing the test of time. We have built and strengthened relationships by consistently delivering excellent service, personal customer support and providing cutting edge technology that is always relevant to the times we live in. Whether you come to one of our locations to visit your banker, bank from the convenience of your home, bank on the road via the online/mobile banking or follow us on social media... you can stay connected to personal service, relevant products and financial expertise - delivered to you any way that fits your lifestyle.