After some urging by James Wickersham, who later moved the seat of the Third Division court from Eagle to Fairbanks, the settlement was named after Charles W. Fairbanks, a Republican senator from Indiana and later the twenty-sixth Vice President of the United States, serving under Theodore Roosevelt during his second term.
In these early years of settlement, the Tanana Valley was an important agricultural center for Alaska until the establishment of the Matanuska Valley Colonization Project and the town of Palmer in 1935. Agricultural activity still occurs today in the Tanana Valley, but mostly to the southeast of Fairbanks in the communities of Salcha and Delta Junction. During the early days of Fairbanks, its vicinity was a major producer of agricultural goods. What is now the northern reaches of South Fairbanks was originally the farm of Paul J. Rickert, who came from nearby Chena in 1904 and operated a large farm until his death in 1938. Farmers Loop Road and Badger Road, loop roads north and east (respectively) of Fairbanks, were also home to major farming activity. Badger Road is named for Harry Markley Badger, an early resident of Fairbanks who later established a farm along the road and became known as "the Strawberry King". Ballaine and McGrath Roads, side roads of Farmers Loop Road, were also named for prominent local farmers, whose farms were located in the immediate vicinity of their respective namesake
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