This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Harvey Federal Reaches a 40 Year High in Assets
Harvey Federal Savings and Loan Association of Harvey Illinois reports total assets reaching a 40 year high of over eight and a quarter million dollars. A top record of 8 381 investors will receive over 54 000 in dividends the largest aggregate ever declared. Dividend checks will be distributed June 30 to 10 investors, many from the local area. The mid year dividend exceeds the June 30 1950 payment of 51 128. Total investors include firms and individuals. The association holds more than 6 750 000 in first mortgage loans locally. The board transferred 10 000 from current earnings to reserves bringing total to 385 000 and undivided profits to about 15 000 raising total reserves and surplus to 420 000. President Bardwick notes growth mirrors community progress.