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Show CITATION GIVEN F1RSTSECURITY The U. S. Treasury this week recognized "the patriotic service to Community and Nation thru the US. Savings Bonds Program" by the Bingham Branch, First Security Bank of Utah, N-A., through presentation of a citation cita-tion arranged by , Frederick P. Champ, Logan, state chairman of the Savings Bonds Committee, to Dean T. Malan, local manager. The colorful Minute Man a-wards, a-wards, authorized by Secretary of the Treasury George M. Humphrey, Hum-phrey, are being presented to bankers throughout the state for their efforts which helped place Utah fourth in the nation in per cent of increase in sales in 1956 over 1955. Each citation was accompanied by a letter from Mr. Champ, thanking the banker for his support. sup-port. In making the presentation, Mr. Champ expressed the appreciation appre-ciation of the Treasury Department Depart-ment for the public service rendered, ren-dered, not only in promoting the purchase of savings bonds, but the maintenance of staff personnel person-nel to issue bonds and service the program at no expense to the government or the individual. "The American Bankers Association Asso-ciation has endorsed the Savings Bonds program since its inception," incep-tion," said Mr. Champ, "as a means of helping to control inflation in-flation and for its stabilizing effect ef-fect in periods of deflation. With the anticipated approval of proposed pro-posed increased interest rates by Congress, bonds will become an even greater incentive for people , to save for the future welfare of themselves, their community land the nation." - -.. |