Bank Building Open for Inspection Today
The First National Bank Building will be opened Saturday with readiness for banking on Monday. The new structure, richly finished in limestone and marble, features copper doors, a central lobby, teller cages, vaults with triple time locks, a mezzanine workroom, and a private coupon room. Architects Hubert and Nelson and contractors Graham & Pecard led the project. The city plans sidewalk improvements and a joint effort to remove poles. future use of the vacated Citizens' Bank building remains undecided.
MENTIONED IN THIS ARTICLE
First National Bank
J. W. Bedell
P. J. Nickel
Alex Rosemargy
George Thara Co
Duluth
Diebold Safe and Lock Co
Canton
Ohio
Tennessee Tavernelle
C. C. Peterson Co
St. Paul
Ninth District Federal Reserve Bank of
Minneapolis
City Electric & Plumbing Co
Beardslee ‘Chandelier Mfg. Co
Chicago
Graham & Pecard
Bessemer
American Raditor Co
Hubert & Nelson
Ironwood
Electric Department
Michigan Bell Telephone Co
Old Citizens’ Bank
Bank Growth Since 1910 Marks Local Progress
The First National Bank’s new building recalls Wakefield banking history from the private Bank of Wakefield founded in 1886 to the 1910 organization of the bank. Directors included Anton Ringsmuth and John A. Hill with Victor Lepisto as the long-time cashier. Deposits rose from 1,531.99 in 1910 to 6,347 by year end and then to 27,670 in 1911, 31,709 in 1912, 73,236 in 1918, and 101,384 in 1914, reflecting rapid growth over the decade.
MENTIONED IN THIS ARTICLE
First National Bank
Bank of Wakefield
Hayward, Westcott & Murray
Anton Ringsmuth
John A. Hill
A. F. Olson
Thomas Ashland
J. W. Bedell
John Hill
W. J. Wolf
Victor Lepisto
A. Ringsmuth
A. L. Brackett
Ernest Proteau
Citizens’ Bank Ppnd
Also Mentioned on This Page
BANK
Kingsmuth
First National Bank OF Wakefield
Wakefield
Michigan
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