Fair Oaks Historical Society Virtual Walking Tour Stop 2 - Second Fair Oaks Bank The second bank, on the corner of Fair Oaks Blvd. and California, was built in 1910 and lasted until the mid 1950's when it was torn down and the current building erected. The original building existed as a bank until it closed in 1932 during the Depression. After that, the building housed the Rexall Drug Store, a dress shop, and the water company offices. Banking resumed in the new building in 1954 and the building housed at least five different banks until it was purchased by Feingold's in 1970. Next