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Bank Shares Profits With Berkeley Employees
In Berkeley, the First National Bank distributes half-year net earnings to all 85 employees from janitor to cashier under a permanent profit-sharing plan. The current share totals 12,500 dollars, with another equal amount at year end, representing 20 percent after stockholders’ 7 percent deduction.
MENTIONED IN THIS ARTICLE
Berkeley
Cal
First National Bank of
State University
Lege City
Baaia
First National Bank of Berkeley
L. Naylor
Cora Fuller
Edna Donkin
Polly Young
Sadie Romley
Northwestern Mutual