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Newspaper
Marshfield Times
Location
Marshfield, Wisconsin, United States of America
Date
Sep 19, 1917
Page
3
The bank promotes saving regularly through its Savings Department with flexible amounts and quarterly compounded interest. Deposits can be made as funds are available, with interest credited on January 1st, April 1st, July 1st, and October 1st.
First National Bank of Marshfield, founded 1881 by Arnold Brothers and made a National Bank in 1891, is praised for sound banking, liberal and progressive conduct, and safeguarding deposits and stockholders. It reports capital and surplus of 110000, deposits over 1.16 million, total resources about 1.36 million, with officers B F McMillan President J C Marsh Vice President and H G Hambright Cashier.
Sparr Cereal Co took over Upham Manufacturing in 1909 and now runs an 800 barrel per day mill with wholesale and retail flour and feed brands including Minnesota Best and Royalty Wheat Flour. The Marshfield Brewing Co operates for 25 years with 20 000 barrels annual capacity, selling Preferred Stock Bottled Beer within a 60 mile radius and employing 27 people.
The American National Bank, tracing its roots to the German American Bank of 1892, received its charter as a national bank in 1900. With capital of $50,000, surplus of $49,141.67, deposits of $839,044.45 and total resources of $1,007,585.12, it emphasizes conservative yet progressive growth and metropolitan-level service, led by President W. D. Connor and a trusted board, including E. M. Deming and P. N. Christensen.
Marshfield State Bank presents strong finances with $50,000 capital, $15,000 surplus, deposits over $420,000, and total resources of $500,000. Directors and officers include William Hipke as President and H C Koenig as Vice President. The bank emphasizes equal, courteous service to all customers and stresses its role as a people’s financial institution.
A Marshfield State Bank message invites all business people and individuals to seek information and assistance. It emphasizes that no matter the business or money, the bank will command and provide support to be of service.
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