Farmers Savings Bank Observes 40th Anniversary
The Farmers Savings Bank marks its 40th anniversary with charter issued July 5, 1913 by State Auditor Bleakly. A Ericksen, now vice president, has served the bank since opening day November 4, 1913, later becoming cashier before E W Higemann succeeded him in 1950. Ericksen remained vice president through today, a familiar figure in Lowe’s banking circles and Fayette County Bankers Association.
MENTIONED IN THIS ARTICLE
A. Ericksen
Farmers Bevinge Bank
Clermont
Iowe
Ciernam Brick & Send Co
Jts Gret
W. Higemann
Erickson
Bank
Sai
Mer. Erickson
Lowe's
Northeast
Lowe Group
Fayette County Bankers’ Association
Wier
Peterson Longtime Bank Director Dies After Forty-Year Run
Ole C. Peterson of Clermont, a founder and longtime director of the Farmers Savings Bank, served on the board from the bank’s 1818 incorporation until his resignation in February 1853 due to ill health. He led decades of service as a board member, with L H. Bhershang of Rochester remaining as the sole other original incorporator still living.
MENTIONED IN THIS ARTICLE
Ole C. Peterson
Clermont
Farmers Bavings Bank
Nea
Oe Ibank
Wgngemann
Stovknwiders
Peterson
L H. Bhershang
Rochester
Special Services Helpful in Emergency
Special services of the Farmers Bevings Back in forwarding money may prove helpful in emergency. The bank can forward money for you and Telegraphy delivers. The Western Asia Money Orders Service enables sending money anywhere in the United States within hours if telegraphic service is available. Our connection with Continental Illinois Bank Chicago guarantees fastest, safest route for forwarding money.
MENTIONED IN THIS ARTICLE
United States
Foreign Exchange Department
Ilinois National Bank and Trust Co
Chicago
One of First Banks To Insure with FDIC
A bank joined the program insuring each account up to ten thousand dollars under the FDIC coverage. The move places the institution among early adopters of federal deposit insurance and aims to protect customers against bank failures.
MENTIONED IN THIS ARTICLE
FDIC
Interior remodeled at Farmers Savings Bank Clermont Iowa
In June and July 1953 the Farmers Savings Bank of Clermont Iowa unveiled a remodeling. The project rebuilt fixtures lowered the ceiling added acoustical board lighting and new cork and lingleum flooring. Gage and Wolfers of New Hampton did the fixtures and Clermont Brick and Sand Co. supplied and installed the lighting.
MENTIONED IN THIS ARTICLE
Farmers Savings Bank
Clermont
Iowa
Gage and Wolfers
New Hampton
Land
Clermont Brick and Sand Co
Financial statement excerpt from Fayette county bank
The document shows capital accounts including undivided profits totaling 476 775.07 and 608 608 768 in total capital, with a cashier named E W Hilgemann. The oath is sworn before Notary Public L H Meter on October 3, 1953, noting a commission expiry in 10684.
MENTIONED IN THIS ARTICLE
Hilgemann
E. W. Hilgemann
State OF
Iowa
Fayette
L. H. Meter
Miller family leads Farmers Savings Bank in Elgin
Geserehaak Kari Miller becomes the third generation and fourth family member to serve as president of Farmers Savings Bank. He was elected in February 1952 and has held the post since. His grandfather Christian Miller, father John F. Miller, and aunt Louise Miller previously held the role. He also serves as treasurer of Farmers Mutual Insurance, VP of Elgin Canning Company, and is active in the Elgin Baptist church.
MENTIONED IN THIS ARTICLE
Kari Miller
Jam Dy
Farmers Savings Bank
Christian Miller
John F.miller
Louise Miller
Farmers Mutual Insurance Company
Elgin Canning
Local names listed in 1913 fragment raise questions
Partial OCR reads July 5 1913 with mentions of Christian Miller Ole Brides Olson and John F Miller, but missing context. The readable items suggest names involved in a 1913 event or notice, yet the action, place, and full details are absent.
MENTIONED IN THIS ARTICLE
Christian Miller
Ole Brides
I Olson
John F. Miller
Available repayment of which by their
The line asks about which party or entity has available repayment by their possession or obligation, noting continuation to Page 5 for further details.
Also Mentioned on This Page
J. A. Erickson
The
Smith-Hughes Agricultural Dept
Clermont-Elgin High School
Future Farmers OF America
the National Organization of the
Clermont, Iowa
Farmers Bank
Fayette County
Gee
Inc
Total Capital Accounts
Jac Erickson
HW. A
Lubke
K. B, Thoma
Karl Miller
Elgin Baptist Church
Cashier
L. H. Meier
Phyllis Skeen