Horace Staples (1801-1897) founded a building supply company at the age of 26, beginning his journey as one of Westport’s most successful entrepreneurs. Venturing into transportation, he purchased a fleet of sailing vessels, owed a pier on the river and helped establish the Westport Steamboat Association, which regularly carried freight and passengers to New York City. He established Westport’s first bank in 1852 and a second bank in 1863. Both were housed in a building erected by Staples, now known as the National Hall, at the west end of the Post Road/Ruth Steinkraus Cohen Bridge.
Staples is also credited with bringing the railroad to Westport, helping to create the Westport Historical Society and establishing Staples High School, with building funds and an endowment to ensure the best opportunities and method of instruction were available in the community.
Staples’ two banks were merged into one entity, Westport Bank and Trust, in 1913 and in the boom after World War I it became a major commercial and residential lender in the region. Many bank officials became new homeowners in the area now known as the Kings Highway Historic District (see our blog about this district for more information).
In 1924, the bank moved across the river to a new building—the Westport Bank and Trust Building, designed by acclaimed architect, Charles E. Cutler. Cutler designed many of the homes in the Kings Highway District, two moderate-income housing projects, Greens Farms School and helped to establish the first zoning ordinance in Westport.
The building, as stated in its application inclusion on the National Register of Historic Places, “occupies a prominent position at the intersection of Post Road East and Church Lane. Fully conforming to the triangular shape of its corner lot…the bank serves as an anchor”. Standing proud at 87 Post Road East, the building welcomes residents and visitors alike to the main commercial area of Westport.
Photo courtesy of Jack Franzen
As realtors we understand the importance of location, are intrigued by history, appreciate fine craftsmanship and admire architectural design. As we look forward to our move into the historic Westport Bank & Trust building at 87 Post Road East, we are in awe of those that had the foresight to create, maintain and improve the building and the town of Westport.
Lambdin’s murals, Shipping on the Saugatuck and Hotel Square? Naturally they will retain their prominent placements in the Compass Westport office. Can’t wait to show you!