A bank in the small Texas town of Chappell Hill is inviting customers to bring in concealed handguns because it has been robbed five times, "all of them by Yankees."

"You never know who’s sitting in this bank," Chappell Hill Bank President Ed Smith told KHOU. “If you’re coming in to rob it, I think you’re going to be in a world of hurt.”

A sign on the bank's door with the image of a handgun reads: "Lawfully concealed carry permitted on these premises."

Chappell Hill Bank is thought to be the first bank in the nation to welcome concealed handguns.

"We’ve been robbed five times," Smith explained. "All of them by Yankees."

The bank president also suggested that new gun control laws were not the way to prevent mass shootings like the one at Sandy Hook Elementary School in Newtown, Connecticut.

“Everybody wants the government to do something,” Smith opined. “People need to do things for themselves.”

“People down here have a mindset about taking care of themselves,” he added. “If we have a flood, I don’t think you’re going to see people sitting in water up to their knees waiting for FEMA to come help them.”

Watch this video from KHOU, broadcast Jan. 18, 2013.