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URBANA SAVINGS BANK
Excerpts from the Urbana Bicentennial

1901 - Our 75th Year - 1976

The Urbana Savings Bank was organized in 1901 with the following officers:

President: S. W. Whiteis
Vice President: T. H. Remer
Cashier: F. A. Bryner

Forty businessmen and farmers subscribed $12,000.00 in capitol stock.

In 1915, the capitol and surplus was $31,000.00.

The officers and directors were:

President: John T. Hamilton
Vice President: H. C. O’Neal
Cashier: T. H. Remer
Cashier: Harry Rupp
Cashier: L.L. Johnson
Cashier: Wm. S. Hurd
Cashier: Dr. W. R. Whiteis

It was in 1915 that R. W. Remer began working at the Urbana Savings Bank and by 1920 was hired as cashier. Mr Remer later served as president as did his son, Vernon.

In 1933, Franklin D. Roosevelt proclaimed a four-day bank holiday. The Urbana Savings Bank was the first Benton County bank that was released to do business as usual under Senate File 111.

1934 - Shellsburg Office established

1947 - Brandon Office established

In 1949, John A. Suchomel was hired as assistant cashier until 1951, when he became cashier.

1951 -
Capitol - $40,000
Surplus - $40,000
Undivided Profits - $25,331

The officers in 1951 were:

President - Vernon Remer
Exec Vice President - R. W. Remer
Vice President - John Rupp
Cashier - John A. Suchomel
Assistant Cashier - Thelma Dripps
Brandon Office Manager - Frank Suchomel
Shellsburg Office Manager - C. W. Hoon
Director - George A. Wahl
Director - Wm. S. Hurd

In 1976 (Our 75th Year)

Capitol - $80,000
Surplus - $170,000
Undivided Profits - $213,000
Total Assets - $4,679,284

The officers and directors are:

President: John A. Suchomel
Exec Vice President: R. W. Remer
Vice President: John H. Rupp
Cashier: Gary M. Scott
Ass’t Cashier: Darlene Suchomel
Ass’t Cashier: Ed De Klotz
Ass’t Cashier: Dr. Gary Dundee

Employees are:

Brandon Office Manager: Marlene Steinbeck
Shellsburg Office Manager: C. W. Hoon
Bookkeeper: Thelma Dripps
Bookkeeper: Cheryl Smith
Bookkeeper: Connie Zieser

The Urbana Savings Bank was one of the few banks that didn’t close during the Depression.



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