A charter was granted on December 17, 1901 to establish “The Clearfield Trust Company” which opened for business in the old opera house property on Market Street on January 15, 1902. The Farmers and Traders National Bank was acquired by the Clearfield Trust Company on October 1, 1911 and in 1931, the Karthaus State Bank was purchased. We started building our branch network in 1960 with the opening of our Bridge Street office.