Albert Ackerly (born 1872) was a prominent figure in the banking circle. He was reared in Fayette Township. At age 17 he started out on his own, first farming and working at the printing trade. He next turned his attention to real estate. In 1895 he started a private bank in Beaconsfield, selling out four years later and purchasing the bank at Grand River. In 1900 he organized the State Savings Bank, later the First National Bank of Grand River, and served as it's president after 1908. He and E. G. Monroe purchased controlling interest in the Exchange National Bank of Leon in 1908, and in 1913 he was made its presdent. He was married to Lois Walker of Lamoni. They were the parents of four children.