OCR Text |
Show -'-'. .. .: .;-... - ... ......-., : v . -" " v ., s , , v .,. . . , ' $ : - , , : ., - . . ; : : - . , - - ; . W . V- - v sf : i , ' - f , ' ' - . 1 riw-f, , ; V Receiving awards were: (left to right) Mario Teacock, Manager Valley State Bank, Highland High-land Drive; C. G White. Vice President and Manager, Sugar House Branch of First Security; Secur-ity; Vein Mackay, Manager. Sugar House Branch Walker Bank and Trust Co.; Willis Carlisle Manager, Highland Drive Branch First Security and D. Robert Webster. U. S. Treasury Department what presented the awards. Bankers Given Citations by U.S. Treasury Bankers of Sugar House area were recognized through a presentation presen-tation of citations' by D. Robert Webster, area manager, U.S. Treasury Savings Bonds Division; of the U.S. Treasury for their patriotic service to the community and nation through the U.S. Saving Sav-ing Bond Program. The colorful Minute Man awards, authorized by Secretary of the Treasury George M. Humphrey, are being presented to bankers throughout the state for their efforts ef-forts which helped place Utah fourth in the nation in percent of increase in sales in 1956 over 1955. Each citation was accompanied by a letter from Frederick P. Champ, prominent Logan banker Rnd State Chairman of the Utah Savings Bonds Committee, thanking thank-ing the banker for his support. In arranging for the presentation presenta-tion Mr. Champ expressed the appreciation ap-preciation of the Treasury Department Depart-ment for the tpublic service rendered, not only in promoting the purchase of savings bonds, but the maintenance of staff personnel to issue bonds and service the program at no expense to the government gov-ernment or the individual. "The American Bankers Association Associ-ation has endorsed the Savings Bonds Program since its inception," incep-tion," said Mr. Champ, "as a means of helping to control inflation and for its stabilizing effect in periods of deflation. With the anticipated approval of proposed increased interest rates by Congress, bonds will become an even greater incentive in-centive for people to save for the future welfare of themselves, their community and the nation." |