The Bunnell Development Company constructed the Bunnell State Bank in 1910. The bank was originally located on the southeast corner of Moody Boulevard and Railroad Street. In 1917 it was moved across the railroad tracks to the new bank building on the northwest corner of Moody Boulevard and Bay Street. Over the years, the bank failed and a new bank, Citizens Bank of Bunnell, took its place. Soon after it was chartered in June, 1909, the Bunnell Development Company began construction of its two-story headquarters on the southeast corner of Moody Boulevard and Railroad Street. The company offices were located on the top floor with Bunnell State Bank occupying most of the bottom floor. Issac I. Moody, Jr. served as president of both organizations. In 1917, the Bunnell State Bank was moved. The building was added to the NRHP in 1992.
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