The Bank of Loleta is located in a small, rural community above the Eel River Delta. It was designed by architect Franklin Georgeson in the Neo-Classical Revival style, popular at the time for public buildings and financial institutions.

The bank exhibits the simple form and classic detail of that style with fluted columns and pilasters, pediments, a roof balustrade, and ornamented capitals and entablature.

Carefully preserved through the years, the building retains a high degree of architectural integrity.

The bank's classic architecture and stark white paint set it apart from the other storefronts in Loleta's commercial district which consists of one side of one block facing the railroad. The grocery store, post office, hardware store, laundromat, and the bank provide local residents with the basics.

Below the town is the bottomland of the Eel River which has, over the centuries, deposited the rich alluvial soils that produce excellent pasture. To the north and east are the open prairie areas, also covered with grass. Planted to crops by the first settlers in the 1850's, these areas were soon recognized as better suited for dairy cows and so it has been for probably the past one hundred years.

Excerpted from the NRHP Nomination.