Show I Bankers Receive Bond Awards V tr W fi s r J 1 4 4 k J j 7 y fy I y 4 J 4 r t y 4 F t h J t tY tt Y t RECEIVING CITATIONS FOR WORK IN SELLING Lake Branch Bountiful State Bank Dale Clark cashier SAVINGS BONDS from D. D Robert Webster center Davis County Bank Farmington Newell Parkin vice assistant state director U. U S. S Treasury Savings Bond president nt Farmers state Stale Bank and Walker P. P Mabey labey Division are 1 to r Ezra T. T Clark manager North Salt cashier Bountiful St State te Bank Photo by Dean Stahle Stable The U. U S. S Treasury today recognized Uth the patriotic service service service ice to community and nation through the U U. S. S Savings Bonds program by the bankers bank bank- ers of South Davis County through a presentation of citations citations citations cita cita- by D. D Robert Webster and State director U. U S. S Treasury Treasury Treasury Treas Treas- ury Bond division I The Minute Man awards authorized by Secretary Secretary Secre Scene tary of the Treasury George M. M Humphrey arc are being pre pre- sen ted to bankers throughout the state for their efforts which helped place Utah fourth in inthe inthe inthe the nation in per cent of increase increase increase in in- crease in sales in in 1956 1958 over 1955 Each citation was accompanied by a letter from Frederick P P. Champ prominent Logan banker and state chairman of the Utah Savings Bonds committee committee committee com com- thanking the banker for his support In arranging the presenta presenta- enta- enta tion Mr Champ expressed the appreciation of the Treasury Department for the public service service service ice rendered not only in promoting promoting pro pro- I the purchase of saving bonds but the maintenance of staff personnel to Issue bonds and service the program at no expense to the government orthe orthe or orthe the individual The American Bankers Association Association As As- has endorsed the Sav Sav- ings Bonds program since its in inception inception inception said Mr l Champ as asa a means of helping to control inflation and for its s stabilizing Affect in periods of deflation With the approval of proposed increased interest rates by Congress bonds will Win become an even greater incentive incentive incentive tive for people to save for the future welfare of themselves their community and the nation na na- na- na tion |