Show I I 1 S. S ra raJ J 1 I It t tt I hd r r 4 r rI I i kw i ROY W W. SIMMONS left and N. N J J. J Meagher Jr smile after finishing all the aI the details In transferring the Bank of Vernal to Zions First National Notional t I Bank Bonk at tho Iho open house last Friday Open House Fetes Merger Merge of Bank of Vernal Zions First National hank Bank officially merged the Bank Dank of Vernal into its system of banks making it the branch Friday On hand for the thc transfer transfer trans trans- fer ceremony were Roy W. W Simmons pre pro of Zions First National Bank Dank and N N. J J. J Meagher Jr president of Bank Dank Dankof of Vernal AT A special breakfast of local citizens cit cit- citizens Mr Meagher gave a brief explanation explanation ex of the change that was being made He Ile said the Bank Hank of Vernal had asserts of over and was one of the most liquid ld banks in the coun coun- try It had never had a loss year in its 70 years of operation The personnel and operation will remain remain re re- re main the same as it has in the past and may enlarge in the future stated Mr Meagher MR SIMMONS stated that Zions First National Bank Dank first came to the basin on June 6 C 1972 when it opened a branch branchin in Roosevelt In one years time this branch has reached in assets Preparations were being made to open a branch in Vernal along with the Roosevelt Roosevelt Roose Roose- velt branch and now this has finally taken place The new branch will make full bank services The local branch will have a local board and Mr Meagher will vill be a vice president in the system Mr Meagher and his officers will make all decisions are unusually large requests and then he will go to Salt Lake City for assistance stated Mr Simmons AN was held during the day welcoming local residents to the bank Refreshment Refreshments were served and balloons were given to the youngsters speed 10 bicycles were given to Handy Randy Randy Ran Han dy Felter Feller and White and regular bicycles to Tracy Canfield and Nancy |