The first called State Bank was formed in 1904 by Sam Lafromboise, J.J. Smith with two Stone brothers set up as President and Cashier. Six years later, Bryon Kibler, S. L. Sorensen, J. W. Davis, and Chris Borgaard opened People’s State Bank. He met Nellie Lauritzen, married, quit law school, and began work as county clerk which enabled him to continue studying law. Having made severable profitable land investments in the growing town, he started People’s State Bank, the name being a nod to the town’s many citizen-owned cooperatives. As for People’s Banks, it renamed itself Enumclaw National Bank in 1922.