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Newspaper
Renwick News
Location
Renwick, Iowa, United States of America
Date
Apr 11, 1968
Page
2
Help Us Celebrate Our 40th Anniversary by attending our open house from 8 30 A M to 3 00 P M The event offers a solid oak barrel bank with each new time certificate of 500 or more or a new checking account in the same amount New savings accounts receive one of Americas Banks displays including the Counterfeiteller and miniature agriculture equipment of the 26s for viewing
A compact summary of banking offerings including automobile loans by mail checking accounts collateral loans collections domestic and foreign commercial loans commodity loans community and industrial development credit information custody of securities estates and trusts farm management foreign management exchange foreign gift checks entailment loans international services investment department personal service real estate loans safe deposit boxes savings accounts trade acceptances travelers checks US savings bonds.
Charter Certificate No. 1192 authorized Renwick Savings Bank to operate on April 10 1928 with initial capital 25000 surplus 3000 and profits 3000. Deposits grew from 74000 in June 1928 to 1974000 today. First directors included J Lund S C Maurer Edward Christenson M Babler Fred Jefty C B Smeltzer W F Rich. Officers at opening were C B Smeltzer president M Babler VP D J Christenson cashier Fritz Britt Asst cashier. Six presidents preceded current chairman.
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