June 25, 194S- 9 The Eureka (Utah) Reporter Page Five C. DRAPER, Director and Manager of the Heber City office, has been Cashier of The Commercial Bank of Heber since its organization in 1935. Before that time he had considerable experience with the State Banking R- - Department. recto: )tor,; .e of cr and: Nephi C- - of The Commercial since its organization in 1935, public service to his credit. Direc- City, with much He has been active of The Commercial Bank of Vice-Preside- nt banking experience previous valuable and Vice-Preside- a former Mayor of Payson anifi- i CHASE, tor, is a retired lumber and hardware dealer, and now manages his own investments. He is Stanford University. He has manager active Spt GEORGE the B. Y. U. and the Graduate Business, t and Director, is Vice-Preside- nt OMAS, since its organization in 1940. (me. Pay-so- n CHARLES H. DIXON, Cashier, Director, and Manager of the Spanish Fork office, is a graduate of the American Institute of Banking, and holds many certificates, including Credits, Investments, Trust Banking and Bank He has been a part of The Administration. Commercial Bank of Spanish Fork's management for the past nineteen years, and has had several years of successful banking experience and training previous to that time. post-gradua- WILLIAM COLEMAN, Member Advisory Committee, Ilcber City office, is a successful wool grower and sheep raiser, and has been a director of The Commercial Bank of Heber since Its organization in 1935. L. C. MONTGOMERY, Director, is an attorney, and is very prom- DON CLYDE, Director, Is a suc- inent In the Cattlemens and Horse Growers' Association of Utah. He is now President of this association. He has been a director of The Commercial Bank of Heber since Its organization In 1935. cessful and active wool grower and sherp raiser. He is now President of the Utah Wool Growers Association. He has been a director of The Commercial Bank of Heber for the past year. ROY W. HANSON, Director, Comptroller, and Assistant Manager of the Nephi office, Is a graduate of the B.Y.U. and has been assistant cashier and director of The Commercial Bank of Nephi for the. past two years. P. M. CHRISTIANSON, Member Advisory Committee, Nephi office, is a retired sheep raiser and wool grower. He has been a director of The Commercial Bank of Nephi since its organization. PAUL E. BOOTH, Manager of Nephi office, has been with The Commercial Bank of Nephi since its organization, and has been Cashier of that institution for the past several years- He has been active as a bank officer for more than twenty-fivyears. KENNETH NYMAN, Assistant Manager, Nephi office, was formerly with the Farm Credit Administration and has been assistant Cashier at The Commercial Bank of Nephi for the past three years. Mr. Nyman is a member of the Juab Stake Presidency. OTIS WALCH, Manager of the Delta office, has bad several years of experience as a bank officer and has been cashier of The Commercial Dank of Delta since its organization. FERRIN Commercial Banks Consolidate of business June 30, 1948 The Commercial Fork, Heber, Nephi, Payson, and Delta will idated into one new corporation to be known as The al Bank of Utah. trees of the consolidated bank will be more than ten lUn, with a capital structure in excess of eight hund-ft- y thousand dollars-store, the Commercial Banks have been operated inbut with similar management policies. In the new &, Bank of Utah, due to pooling of capital funds and I paid in capital, the following advantages are offered: rent management of the separate units; greater safety on, in addition to Federal Deposit Insurance; better borrowers (under the new organization the loan limit ilified borrower at any office of The Commercial Bank ill be in excess of glOO, 000.00). Sear advantages which will be directly or indirectly retr i ire benefit of the Commercial Banks customers will complete and extensive bond and insurance protection; ices of including trust powers; Combined purchasing and t advantages; Intercity clearance of credit application, the Joint counsel hut cring wider service to local merchants; business which rnge of experience in various lines of he railable to any borrower: The advantages of member-deri Fort Deposit Insurance Corp.; Federal Reserve System; Bankers Assn.; and Utah State Bankers Assn, lamenting the features above mentioned are the added s of standardized methods; internal Audits; Closer n; The ability to select for their customers the best n fire and casualty insurance companies; Greater credit by having the advice and counsel of many men with of banking experience. 1 be the policy of the new bank for each banking nn an important part of the community it serves, and ruled in ail business and civic problems. Each com-have the advantages of the experience, resources, ilh of this sound and progressive banking organization. ' elected officers and directors of The Commercial Bank fK P. P. Thomas, Spanish Fork, Utah, President and weph Hanson, Spanish Fork, Utah, Vice President and " Money, Spanish Fork, Utah, Vice President and Thomas, Nephi, Utah, Vice President and Director; Chase, Payson, Utah, Vice President and Director; Dixon, Spanish Fork, Utah, Cashier and Director; T, Payson. Utah, Director; A. U. Miner, Salt Lake City, nor; R. c. Draper, Heber City, Utah, Director; L. C. Heber City, Utah, Director; Don Clyde, Heber City. tor; Roy V. Hanson, Nephi, Utah, Director; John E. ountain Green, Utah, Director; Dr. M. L. Oldroyd. h Director; C. M. Pace, Delta, Utah, Director; Paul Spanish Fork, Utah, Secretary, inaction with the above elected directors, the active A consist of an executive committee as follows: P. P. Fort Ph Hanson, Max Thomas, Charles II. Dixon, and fi( Spanish ie ill C rude Duckworth, Bookkeeper; Gwendolyn Thompson, Stenographer; Angus Belliston, Custodian; and Gloria Gear, Manager of the Commercial Service Corporation, Eureka. PAYSON. UTAH: Roy Broadbent, manager and chairman of the local advisory and loan committee, with A. E- Money, E. J. Erikson and Dr. M. L. Oldroyd as committee members; Gordon Mendenhall, assist Manager; Byron B. Cheever, Note Teller; Verdene Ellsworth, Stenographer; Jean L. Hancock, Teller; Evelyn Ellsworth, Bookkeeper; Helen Steele, Bookkeeper; Marilyn Taylor, File Clerk; and Manuel Russell, Custodian. - DELTA, UTAH: Otis Walch, Manager and chairman of the local advisory board and loan committee, with J. Val Styler, Orran Ashby and C. M. Pace as committee members; Ferrin A. Lovell, Assist. Manager; Ardella Riding, Shirley Moody, LuAna McCullough, Stenographer; Margie Jensen, Bookkeeper. Teller-Bookkeepe- Teller-Bookkeep- r; U C al U - J i sful: Hill k He board to assist in a local direct-- e advisory . 9 each office. For Spanish Fork: Joseph llan-Dixon, and Ray D. Williams. City: R. c. Draper, William Coleman, and L. C. edt ilK net1 ,i: Paul E. Booth. Mrs. W. Hanson. Elberta Belliston, P. Broadbcnt, E. gRoy ' Otis Walch, V. J. Erickson, M- - Chris-j- y The Commercial Bank Organization began back in 1905 when Vice President Joseph Hanson and others sensed the need for progressive banking service. President P. P. Thomas and Vice President A. T. Money joined the banks management in 1914, and have been actively engaged in building the banks business and serving the bank's customers ever since. President Thomas, a former president of the Utah State Banker's Assn., is a well known man throughout the state and the west. Because of his ability, personality, wide interests, and integrity he has become one of the leading bankers of this territory. His sound advice and counsel, now seasoned with thirty-foyears of successful banking experience, will be available to customers of the bank. It has always been President Thomas purpose to offer maximum protection to depositors, and greatest service to borrowers. Cashier Charles II. Dixon became associated with The Commercial Bank in 1929, having had several years of successful banking experience and training before that date. He is a graduate of the American Institute of Banking and holds several post graduate certificates, including Credits, Investments, Trust Banking and Bank Administration. Vice President Max Thomas, having graduated from the B.Y-U- . and the Stanford University Graduate School, came to the bank with a good foundation in 1932 and since 1935 has been active Manager of The Commercial Bank of Nephi. Vice President George C- Chase, a successful and retired merchant of Payson, Utah, became The Commercial Bank of Payson's active Vice President and has retained that position since the bank's organization. The experience of the executive committee above named would, if totaled, represnt one hundred twenty five years of banking experience. Each one of The Commercial Bank of Utah's directors is eminently qualified for his position. They are men who know livestock, farming, the needs and requirements of the business and industry of the several territories served, and will always be anxious to help you with all of your financial problems. They invite you to call into any one of their offices and let them show you the advantages of their fast, complete, and sound banking service. inter-mountai- JOHN AAGARD, Director, Is a successful and active wool grower and sheep raiser, and has been a director of The Commercial Bank of Nephi since its organization In 1935. n ur - ALBERTA B. BELLISTON, Member Advisory Committee, Nephi office, was a partner In the livestock firm of Lunt and Belliston, and has been a director of The Commercial Bank of Nephi since its organization in 1935. - e M. L. Oldroyd. J. Styler, Orin Ashby, ar.d C. M. 2 have local management and authority, to and complete banking service to cJnidcntial, ! me bank. The personnel in each community is as UTAH Unrein?!1! manager and chairman of the local advisory Jm- Hanson and Ray D. Williams, as iSw'wi,h ???; n- Paul H. Lambert, Assistant Manager: Vivian - - : Manager; Mhrk D. Bowen, Assistant Assistant Manager; Thelma Bowen, Teller; eHpp' Bookkeeper; Carol Larsen, Bookkeeper: stenographer; Lucile Pinegar, File Clerk; Cooper Man-llia'- VI UTAHs reS manager and chairman of the local advisory ,w,lh William Coleman and L. C. Montgomery Dan feTeller nm L,r: Zina Thacker. Vdian 0kktrPcr' NaDene Sweat, Secretary; Lyman .( Teller-Bookkeepe- r; Director, is a mid active automobile an.l farm iinpUment dealer, and Com-tll- l has In on a director of The it Bank or Della C re Hlx so cos'--' ' ' w,P,'r: Mildred Taylor, Stenographer; raPnT! LaRae Golden. Bookkeeper; LnKue oookper; Elaine Christensen, Bookkeeper. Gert M. PACE, mvatii.-atin- n suc-e.sf- r. ORRAN ASIIBY, Memlier Advisory Committee, Delta office, Is a successful farm inarbmcry and equipment dealer, and lias been a director of The Commercial Dank of Delta since iu J. VAL STYLER. Member Ad- visory Committee, Delta office, Is a successful farmer and livestock grower, lie is President of The Oasis Seed Cooperative, and has been a director of The Commercial Dank of Delta since its organization LOVELL. Assistant Manager of the Delta office, is a promising young banker who has been with the organization for the past year.