News Brings Friends Together.

Published By The Banks' Employees
$ Argos
$ Culver
$ LaPaz
$ Plymouth
Volume One $
NOV. 15, 1975
NUMBER NINE
Work Brings People Together; News Brings Friends Together.
NEWS FROM ARGOS
FARMERS STATE BANK
Barbara and Tim Hackett took their Appaloosa
Colt (Serinco-Treco) to the LaPorte County
Horse Show, Suncay, October 12. Barbara was
excited after placing Fifth in the halter
class, especially since this was the first
show for her and the colt.
Jennie and Dick Zentz spent Saturday forenoon
October 25 at North Manchester watching their
son, Roger, and his team play soccer. In the
afternoon, they journeyed to Angola Tri-State
College and watched another son, Dean, and his
team play soccer. Both boy's teams won their
games.
Kim and Tim Thompson and Ed Rensberger were
among the 4-H group that went by chartered
bus to Fort Wayne and attended the Ice Show,
Saturday, Oct. 25.
Lisa and Lori Nolin, daughters of Jim and
Betty Nolin wefe among the group that participated in the 20 mile walkathon. Both girls
walked the entire 20 miles.
xxxx
Frances Mattix is enjoying a vacation. She
and her husband, Earl, will spend part of
the vacation with their daughter and family
in Brighton, Michigan.
xxxx
Jim and Betty Nolin are the proud parents of
a baby boy. Chad Edward Nolin was born on
Nov. 4 at 6:40 A.M. He weighed 7• lb. 14-oz.
and is 21 inches' long. Chad has 2 sisters,
Lisa and Lori. Congratulations Betty and
Jim from all of your co-workers.
xxxx
THOUGHT FOR THE DAY: Bankruptcy is when a
person OVERDUES it.
xxxx
Reporter; Francis Mattix
XXX)0000000000DOCCOCXX)00000000CMOOCCODCX)OCXXX
NOVEMBER BIRTHDAYS
Scorpio
Oct. 23 - Nov. 22
$
Sagittarius
Nov.23 - Dec. 21
Nov. 10
Marcia Cook
23 Muriel Garrett
24
Barbara Hackett
We extend our sympathy to Dale and Donna
Lichtenbarger(drive in teller) in the recent death of Dale's mother, Mrs. Neva
Lichtenbarger.
Marilyn Downs(cook) is convalesing at home
after being a patient in Bremen Hospital.
Doris Mueller has come in to replace Marilyn
until Marilyn is able to be back at work.
xxxx
Marge Cummins must have been born under a
"lucky star". She was a winner of the
Plymouth Rock of Gold $500 prize!
xxxx
Joyce Mencl (insurance secret Ty) has just
returned from a week's visit with her family
in Brooklyn, Connecticut.
xxxx
Our town, LaPaz, has a new Walgreen Drugstore operated by L ouis Kolupa Saranne
Johnson (Jim's wife) is one of the employees.
xxxx
Robert and JoAnn Powers (cus'.i±er)spent the
week end touring Brown County, Indiana.
xxxx
Roy and Esther Reed toured the Smokey Mountains and the Vanderbilt Home at Charleston,_
N. Carolina. Enroute, they stopped at Lexilifzton, Kentucky to visit Ruby Haring.
xxxx
Mark and Kitty Garnand (former-teller) are
the proud parents of a daughter, Kelly Lynn,
born October 12.
xxxx
Reporter: Carolyn Kelly.
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PLYMOUTH NEWS
Bob Webster, husband of Jean Webster, is in
Memorial Hospital, South Bend where he is
scheduled for open-heart surgery on Wednesday,
November 12. Bob is in room 725 and would
appreciate cards. He can not have visitors
for awhile.
Crayton and Virginia Holderead recently took
a mini-vacation to Grand Rapids, Mich. They
visited their son, Bruce, his wife, Janice,
and their grandson,. Christopher. While they
were there, they celebrated the 2nd birthday
of Christopher.
And is we missed anybody
HAPPYII!!!!!!BIRTHDAY
XXXXXXXXXXXXXXXXXXXXXXXXXXXXVXXXXXXXXXXXXXXX
Stan Shively will be completing six years of
National Guard duty on November 24, 1975.
xxxx
NEWS NOTES
Plymouth News Continued:
November 15, 1975
Culver News Continued:
(Auditing Department)
This is a memo to. Vivian Bush
Much thanks to you, Mom, for making
such a beautiful wedding dress for me to
wear. I am very proud of you.
Love,
Paula.
xxxx
David Dorr, son of Gale and Elwood Dorr, has
been accepted by the Lincoln Technical Institute in Indianapolis where he will study automotive and truck technology. He is scheduled
to begin the seventy week course in June of
1976.
xxxx
A special meeting for farmers will be hosted
by The State Exchange Bank and Farmers State
Bank on the subject of estate, gift, and inheritance taxes. The meeting will be held
at the American Legion Hall in Plymouth,
December 2 from 7:30 P.M. to 9:00 P.M.
A panel program has been arranged to present
this subject to the area farmers by an agent
from the Internal Revenue Service: Administrator for the Indiana Inheritance Tax Division,and a lawyer from the Marshall County
Bar Association.
This program is designed to explain what these
taxes are and how they affect the farmer. In
addition, some examples will be given as to
how to reduce these taxes. With the rapid increase in value of farms in the last several
years, this subject should be of vital interest to the farmer. Anyone wishing any further information may contact Ken Koerber.
xxxx
Reporter: Jean Webster.
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CULVER PEWS
Customer booklets and internal control forms
on IRA have been received from the printer,
and according to Donald Slyh, the word is"go"
to begin actively soliciting IRA accounts.
Contact Don or Jack Keldenich at the main
office for more information, and the branch
managers or new accounts people at the branch
offices.
xxxx
Donald Slyh represented our banks at a conference on Consumer Credit sponsored by the Federal Reserve Bank of Chicago on Monday, Nov.2.
xxxx
Lois Stotler is wearing a diamond ring. She
and Mery Lemeron of Francesville are planning
on April wedding.
xxxx
Reporter: Margaret Swanson
(Legal)
Roy and Esther Reed stopped at Lexington and
saw Ruby and Carl Haring on the 20th. They
had had rain for three days at the Haring
farm so had jest moved in. The Reeds also
visited one of the tobacco barns on the farm
and watched them strip the leaves and bundle
them.
xxxx
Lura Walker is helping our department while
Charlotte Jung is on vacation in Florida.
xxxx
Vanessa Bush, daughter of Vivian, has joined
the chickenpoz brigade.
xxxx
Charlotte Jung attended the trust committee
meeting in Indianapolis on Nov. 6.where they
made plans for the trust conference to be
held in April 1976.
xxxx
Reporter: Esther Reed.
(Teller Tidbits)
(Data Processing)
Marianne Ransdell has purchased a '76 Monte
Carlo. It is sharp!
xxxx
A new teller has been added to the Culver line
Barbara Hittle from the Argos area. Barbara
joined us on Nov. 12. Her husband, Gary,
works their farm. Welcome, Barb!
xxxx
Joyce VonEhr (bookkeeping), Karen Thomas(telle
and Karen's sister, Carol Crowel, enjoyed
Tuesday, Nov. 11 shopping at the Woodfield
Mall in Chicago.
xxxx
Reporter: Karen Thomas
Jean and Charles Kindred's daughter, Holly,
was married on October 24 in Chicago.
xxxx
Betty and Rex Castleman and family went to
Great Lakes for graduation exercises for
their son, John, from the Naval School.
xxxx
Jennifer, daughter of Linda Reinholt,won 5th
prise in the Holloween costumes.
xxxx
The Covered Bridge Festival was well "covered"
by the Data Dept. as Theresa and Mike Fitterli:
and their daughter attended the festival.
Marlene and Dick Shoddy also attended the event
xxxx
• Reporter; Linda Reinholt.
xxxxxxxxxxxxmocxxxxxxxxxxx.xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx)ocxxxxxxxxxxxxxxxxxxxxxxxxxxx.xxxxx
TO ALL STAFF MEMBERS:
You will be pleased to know that in the past four months we have had the largest growth in
deposits in the history of the Farmers State Bank, the State Exchange Finance Co. and The State
Exchange Bank
13 MILLION DOLLARS!
We can find no financial institution in this area that has enjoyed such growth in deposits.
This growth is truly indicative of the continued interest and hard work on the part of
our entire staff. Thanks to all---keep up the good work!
HAPPY THANKSGIVING!
2
Page
3
November 15, 1975
NEWS NOTES
Culver continued:
(loan Department)
Betty Davis recently spent a long weekend with
several friends in Las Vegas. Some of the highlights of the trip were; staying at the Landmark Hotel, seeing Frank Sinatra, Glen Campbell
and Robert Goulet, and working the slot machines. Upon her return to work, we noticed
she kept trying to find the slot in her typewriter for the nickels!
xxxx
Linda Deery entered Plymouth Parkview Hospital this week and will be there approximately
a week. We are all thinking of her and wish
her a speedy recovery.
xxxx
Reporter: Penny Lukenbill
xxxxxxxxxxxxx
STATE EXCHANGE FINANCE COMPANY NEWS
Bob Cultice has just returned from a trip to
Atlanta where he and a few other top salesman
from Lincoln National Life were honored.
Still another honor added to his list.
xxxx
Margaret Dehne has added a fireplace to her
house. The rest of the department is now
busy wangling invitations for roast marohmellaws and hot dogs.
xxxx
Hampton Boswell returned from his vacation in
the Southwest and was glad to see the lush
green of Indiana! He reported he liked Arizona temperatures, but the barrenness was not
attractive.
xxxx
Did you know that insurance premiums are
going '.1p because the companies are losing
money paying for claims? Inflation has affected the cost of replacing TV antennas and repairing bent fenders just as it has everything else.
xxxx
Did you know that an insurance policy is a
legal contract that binds the company to pay
for all the agreements included in it? It
cannot be canceled unless given back to the
company or unless certain special forms are
filled out.
xxxx
Reporter: Mimi Kalt
xmcxxxxxxxxxxxxx..)ocxxx)oomomoocxxxxxxxxx)ocxxx
The second conference concerned bank data
processing and operations. Groups were categorized by size of bank for specific discussion of the role of computer technology
in today's electronic banking environment.
For two days, they hashed over everything
from marketing to signature cards; from automatic overdrafts to 24 hour cash dispensing
and transaction terminals. The conference was
well attended by bankers throughout the midwest and the exchange of thoughts was educational and interesting.
CHRISTMAS CLUB
There has been much discussion recently concerning rate of interest on Christmas Clubs. Here,
in a nutshell, is how Christmas Clubs stack up:
1)They are convenience accounts maintained for
customers who need a coupon as a weekly incentive and reminder to set aside funds.
2)In order to operate these clubs, we pay for
payment books, ledger sheets, annual checks
and special advertising. Furthermore, these
accounts require personal attention each ieal
for renewal and to handle the posting of eac
payment made. At the end of the year, our
clerks must type payment checks for each clul
lmber.
3)The balances in these accounts start small,
and gradually grow during the year. As such
the bank has limited use of the funds for'
investment.
4)How is 1% actually paid on a $10.00 fully
paid club? --It is paid on the final balance.
Obviously, we did not have the final balance
on hand all year, so the customer actually
receives an effective yield of 2%.
Thus, you see in comparison why we do not rate
these with regular savings accounts. By the wawe can open a regular savings account and title
"Xmas payments John Doe" for any customer who
feels they are being short-changed.
This year, due to increased rates on time deposits, we'have changed the rate of interest to
2%. This is a direct expense charged against
profit. Effective annual yield is 4%.
Recently, Jack Keldenich attended two ABA
sponsored conferences. With bank legislation and customers demands changing almost
daily, it is a struggle to stay current.
NOTICE: The snowman on our Christmas Club
posters has a name, "Beau Snow"! Please help
him get acquainted with our customers.
The first conference addressed the currently
structured Automated Clearing Houses (ACH).
This is a net-work set up like the Federal
Reserve Clearing system for checks, except
all clearings are done by computer. The
paper debits and credits never leave their
point of origin. This is not a futuristic
type operation. In mid 1976, we will be
handling all Social Security and Air Force
direct deposits via computer magnetic tape
instead of paper checks.
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Jack Keldenich report.
Did you know that the first bank Christmas
party was in 1938? This year's party is on
December 6.
SPECIAL BULLETIN:
Bob Webster who underwent open-heart
surgery has had the operation and we have
been told it was successful!
t,
'Page 4
NEWS NOTES
November 15, 1975
BUSINESS ON WHEELS
,Can a former employee of The State Exchange
Bank find happiness in his own business?
Yes, if it is Neil Chase, former assistant
cashier of our bank. Like a link in a long
chain of great customers that our bank has
had, Veil Chase became an industrial customer
when he started the Chase Leasing Corporation
in 1955.
The Chase Corp. started in a modest building
on Plum Street in Plymouth, Indiana. At that
time, the company had four units (tractortrailer hauling trucks) and one customer;
Pacific Hawaiian Products Co. Today, the
company has 50 tractors, 60 trailers and 12
long term lease customers. According to vicepresident, Larry Chase, "we have not had what
you would call a spectacular growth rate. We
have had a slow controlled rate of expansion.
One important fact we keep in mind is that we
must be careful not to outpace the capabilities'of our physical plant. We are in our
second location, which is adequate presently,
however, based on our growth plan we will
have to move to a larger terminal within the
next year." The company is now located at
2619 North Michigan, south of The State Exchange Bank, Plymouth. The new terminal will
be located on Markeley Drive, north of the
Industrial Park in Plymouth.
Larry Chase, when interviewed for a management magazine, "Trucking Business," explained
..."most of the industries attracted to Plymouth are small to medium sized corporations
or a small division of a larger one. These
types of companies recognize the personalized
attention that a company of our size can
afford to give them. They also realize that
to us, even if they lease only four or five
units, they are large important customers,
and yet, with our affiliates in the NationaLease Stistem we can offer them nationwide
service, and have the ability to match their
growth rate as far as their transportation
needs are concerned. A good example of this
is our first account, which started out with
four units. In 1955 -they were an independent
company, in the intervening years they have
been acquired by RJR Foods, and we presently
service this account with 28 units."
Some of the companies that Chase Corp. service,
are;
Walkerton, Indiana:
American Door Co.; Metalstamp Inc.; Modern
Door Co.
Tippecanoe, Indiana:
Niff-Corr, Inc.
,
Plymouth, Indiana:
Ferro Corp.; Pilgrim Farms, Inc.; RJR Foods;
Mid-America Containers; Young Door Co; Ireco
Aluminum Corp.
The company is a closely knit family concern
of which Neil is president; son, Larry, is
vice-president (Larry's wife, Sue, is a
former employee of our bank); Wife, Dorothy,
is secretary-treasurer. They staff 8 men
in their four-bay shop; 6 mechanics, 1 service manager and 1 tire man . The shop
services, maintains, and upgrades the company's fleet of trucks and keeps the fleet
of trucks ready for use by its customers.
This company gives 100% service to its. customers and our bank is ready to give Chase
Leasing Corporation the same type of service! Congratulations to a fine company!
NOTE: On the completion of the company's
new terminal in the spring of 1976,
our paper will print pictures of
the facilities.
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX:
prepositions
Prepositions are connecting words. There are 39 of
them in the diagram. If you wish to find them without the list, simply cover up the list
and proceed on your own.
Word List
Above
Across
After
Against
Along
Amid
Among
Around
At
Before
Behind
Below
Beneath
Beside
Between
Beyond
By
- Down
During
For
From
In ,
Inside
Into
bike
Near
Of
Off
Outside
Over
Through
Till
To
'l'oward
Under
Until .
Upon
With
Within
O GDTNLPKVEVOBA
T U O H I G G T B L K F MR
S RTTHLDESKEIGL
S I NS T N L N R N D R L H
O UIRIODEOTIKTA
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CAEGUNEEWTEBGX
ABER UUFLDNBBNA
P FIN
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FNTI RRRBPFS V LO
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P II 0 D R A W O T R N L I 0,
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
FASTEX SERVICE
The trucks leased by a company are imprinted,
on the trailer, with the name of the leasing
company. The Chase Corp. pays for the
lettering of these trucks.
FOR SALE:
Hoover upright vacum sweeper -4 years
old - adjustable to shag, indoor, outdoor, and regular carpet. Price:$40.00
Call Marlene, EXT. 69, Culver.
from the News Notes Staff!
1...
2...
3...
4...
5...
Mimi Kalt
6... Carolyn Kelly
7... Jean Webster
Frances Mattox
8. . . Penny Lukenbill
Esther Reed
Karen Thomas
9... Rose Strang
Margaret Swanson
10... Linda Reinholt
11... Marcia Adams
And happiness in the New Year!
* eA
itiA
A
Published By The Banks' Employees
P$
$ Culver
$ LaPaz
$ Plymouth
_ Volume One $
Dec. 15, 1975 $
Number Ten $
/
Work Brings People Together; News Brings Friends Together.
FARMERS STATE BANK NEWS
NEWS FROM ARGOS
There have been favorable comments from our
farm customers on the Estate, Gift, and Inheritance Tax Forum which was held at the
American Legion in Plymouth on Tuesday, Dec. 2.
*xxx
The IRA meeting at the Argos bank was a success.
There have been several new Savings accounts set
up as a direct result of the meeting. Mr. Slyh
did a fine job as the chairman.
Each month there are new customers on the Direct Deposit Forms. As people plan their winter vacations in a warmer climate, they realize what a convenient program the Direct Deposit is for them.
****
On Sunday, Dec. 7, Diana Holderead,along with a
group of 15 young people from Marshall County,
attended a Rural Youth State Convention at Indianapolis. They represented District One and
presented a patriotic skit for their talent.
They placed first out of the ten districts represented.
The Argos women wish to thank the Culver Bank
women for a most enjoyable gvening at the Culver
Inn.
The Federal examiners converged upon. us this
past week to add a little zest to our lives!
****
Thank you, Charlotte, and all helpers for a
very fine Christmas party. We enjoyed the
evening very much.
Farmers State Bank employees had a Trim The
Tree Party Tuesday after work,
****
Approximately 15 customers attended the IRA
meeting in the bank lobby Tuesday evening
****
By this reading, all loans at our bank will be
on computer. Installment loans are going on
the computer this week.
HAPPY HOLIDAYS!
7WENTY QUESTIONS
(pertaining to Farmers State Benk)
(•ounded figures)
1. How many full time employees do we presently employee?
21
29
23
2. How many part time employees do we employee
6
The bank party at the Culver school was enjoyed
Argos would like very much.to thank
by all!
everyone responsible for making it a successful
evening. We look forward to this party each
year. (We also look forward to the Bonus envelopes each year!)
8
3. What is the average .TIonthly postage amount?
$1,450.00
$1,300.00
$900.00
14. What is our average monthly telephone bill?
$1,450.00
$385.00
$425.00•
5. How many directors are there?
15
**-)HE
18
12
6, How many associate directors are there?
3
4
2
JOKES:
7. How many lock boxes do we have?
724
663
805
The man had barely paid off his mortgage on the
8. How many lock boxes are now available for
house when he mortga3ed it again to buy a car.
rent?,
Not too long after that he borrowed money to
125
140
100
build a garage. His banker hesitated and said,
"If I do make this loan how will you buy gas
9- How many checking accounts do we have?
3,000
5,000
3,500
for the car?"
10. How many savings accounts do we have?
The man replied curtly, "It seems to me
3,500
3,000
2,500
that a fellow who owns a big house, a car and
11, What dollar volume of property and casualt:
a new garage should be able to get credit for
insurance is. in effect through our Ingas!"
surance Department? (first 10 months-1975)
$227.000.(
$199,000,000 $219,000,00
The hold-up man showed a note to the bank teller
ordering, "Hand me all the dough in your drawer. 12. What has been the dollar volume increase
in loans during the past 12 months?
I've got you covered."
$2,352,000
$1,048,000 00 $1(784,000 00
The teller scrihbled his reply, "Kindly go to
What
has
been
the
dollar
volume
increase
13.
the next window. I'm on my lunch hour."
in deposits during the past 12 months?
****
$2,410,000.00 $1,084,000 00 $2,750,00(
1
4.
What
are the total resources to date?
Have a very MERRY CHRISTMAS and a RAPPY NEW
$26,500.00
$23,400.000.00 $27,500.00
YEAR, EVERYONE, and the best of everything for
Reporter:Frances Mattox
flirt-mall the drive- in in
1H
Unw many pars we
16.
November?
4,235
4,675
5,450
What is SEFCO?
When was our bank purchased by State Exehnni7e Finance c--pqnv?
1915 ' 1943
1947
the coming year, 1976!
17.
41
t
Page 2
NEWS NOTES
'Twenty Questions from Farmers State Bank
continued:
18. When was our bank chartered?
1943
1915
1918
19. Does Farmers State Bank have a Trust Department?
20. What is the average cost per noon lunch
served in our dining room in 197)4?
$1.90
$2.25
$2.10
ANSWERS ON PAGE 4.
*****
Reporter: Carolyn Kelly
(Editor's Note: Reporter, Carolyn Kelly,aske
employees to give her some questions about
the Farmers State Bank that they would like
to have answered. Carolyn then did the
research for the quiz answers.)
**XXXXXX **************XXXX*XXX*****************
PLYMOUTH NEWS
The following paragraph could well be a by-line
of our bank. It was received in a letter from
a good friend of ours. We liked it and have
adopted it.
Please remember we are a service conscious bank and we will expect to hear
from you if you are not provided with what
you consider satisfactory, Without comments from those we serve, we can not
make progress in trying to improve.
****
December 15. 1975
Plymouth News ,- ontinued:
The employees of the Plymouth bank with to
express thanksto all those responsible for
the lovely banquet on Saturday evening. December 6, Everything wal., lovely ac tt
is and we", enjoyed by alL •
****
Gene Christian-en Spent the week of Sunday.
November 30 to Friday. December 5 at Purdue
University attending Indiana Agricultural
Banking School, Gene completed the second
year of a 2-year course, He will receive
his diploma in March at the Ag-Banker's
Clinic,
EaCh day of working in a bank brings a new
experience, This Tristmas card was received by the student loan department of our
banks from Dr. Gensinger who will receive a
doctorate from National College of Chiropractic very soon, It certainly added a
little humor to our day (It is good to know
that we are appreciated by the students.)
The Christmas spirit has hit the Plymouth bank,
Crayton has been working very hard with the
decorations, Jerry Wyman is even singing
Christmas carols!
Mark Christiansen and John Koerber were among
11 members of the sophomore class at Plymouth
High School honored for their achievement on
the National Educational Development Tests.
They each received a National certificate.
****
Nila Greenlee and Gail Dorr were recently initiated as new members of the Plymouth Business and Professional Women's.Club,
****
Bob Webster is recovering at home from recent
heart surgery. He is showing daily progress
and has now started his walking therapy.
****
Marsha Banning is spending two week', vacation
at home during the holiday season.
Reporter: Jean Webster
****
Jon Bixel has spent two weeks vacation working
on the farm home that he is remodeling,
•
The Plymouth girls wish to express their thanks
to the Culver girls for the lovely Christmas
Party at the Culver Inn.. Everything was lovely
and we know that much time was spent on making,
it that way. The entertainment was really enjoyed by all.
XXXXXXXXXXXXYXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXT:
To ALL of our employees and true friends of
mine, may I wish you a very MERRY CHRISTMAS
and happiness in the NEW YEAR 1976!
••
•0• •
.00CODE.:
Page
3
NEWS NOTES
CULVER NEWS
(Teller Tidbits)
December 15, 1975
Culver News continued:
(Legal continued)
Gene McFeely, a Culver teller since November 29, Charlotte came back from her Florida vacation
1957, is retiring December 24, 1975, Gene has
looking tanned and rested.
been a loyal and hard-working employee for the
****
18 years, In the January 1972 'Ioard or 7drec
MERRY CHRISTMAS!
tors meeting Gene was elected Assistant Cashier
Reporter; Esther Reed
of the State Exchange Bank of Culver, Those
many years of hard work had not gone by un(Data Processing)
rewarded,
Betty, Rex and Andy Castleman _aid
Gene's husband, Verl, retired earlier this year, to 2oDri for 22 weeks, Son,John,went to Memphis
The McFeelys have made plans to go south for
Tenn, for school.
the winter, Gene and Verl will be leaving for
****
Florida on December 25, where they will reside
Teresa and Mike Fitterling celebrated their
at 152 Crecent St , Fort.Meyers Beach, Florida.
16th wedding anniversary, Dec 6,
They will return to Culver in the summer months,
****
Jackie Walter, sister of Patti Walter. left
Although Gene has become a familar face in winDec 6 for Torrejon, Spain; near Madrid. She
dow #4 at Culver and will be missed by all, we
will be stationed there for 2 years, Patti
wish she and Verl, "Happy Retirements!"
hopes to visit her there next year,
****
****
Did you know that twenty years ago Ed Schultz
Reporter Linda Reinholt
was named 1955 Onion King of the Northern Indiana Muck Crop Show at Walkerton, Indiana?
(Loan Dept,)
****
Congratulations and thank you to Charlotte Jung
Bob and Phyllis Lindvall have become grandand Penny Lukenbill and all of their helpers for parents again. Their oldest son, Bruce. and
making the bank's Christmas party and the girls' his wife, Bonnie, are the parents of a second
Christmas party such enjoyable evenings,
baby boy, Troy was born is !-Toverer and Bob
****
already has several pictures of him!
Millie and George Cullers are grandparents again
****
George's son and his wife are the proud parents
Bob'b son, Brent, was married Nov, '10 in Monof a girl,
terey to Miss Ellen Wamsley, daughter of Mn
****
and Mrs. Claiborn Wamsley of Monterey. The
Karen Thomas (teller) and Joyce VonEhr(booknewlyweds have returned to Purdue. resuming
keeping) cooked the Thanksgiving turkey and
their studies there.
had thePimily dinner at their apartment, That's
****
15 people--a grave undertaking for those two!
The CulVer Inn was the site of the Annual
Reporter: Karen Thomas
Christmas Party for the ladies of the State
Exchange Banks and affiliates. Approximately
(Auditing Dept.)
100 girls attended dinner, followed by entertainment by the Culver Community High School
Bob Craft, son of Edna Mae and Lyman Craft, has
Stage Band, This year. in lieu of a gift exbeen transferred from Ft. Leonard Woods, Mo, to change, each brought a donation to be contriFt Belvoir, Va., for ninety days, He will take buted to a charitable cause, The total amount
part in a special training course for non-comcollected was $280.00 and the sum will be sent
missioned officers,
to the Shady Rest Home (Marshall County HoMe).
****
Hopefully, it will make Christmas a little
Don Slyh reports that the IRA Meetings held last brighter for the residents,
week and this week are attracting new prospects
****
for this type of account, About 12 attended the As general chairman of the Girls' Christmas
meeting held at Argos, and about 15 at LaPaz
Party, I would like to take this opportunity
Meetings at CW•ver and Plylouth are on schedule
to thank all those who attendediyou certainly
to explain to interested customers how IRA works helped make our partlia success, I would like
and the benefits to be gained in the program.
to particularly express my appreciation to
****
those who assisted with decorations and welReporter: Margaret Swanson coming, Without your help; I could not have
accomplished a thing!
(Legal)
***
Reporter. Penny Lukenbill
We wish to add our thanks to Mr Osborn and
*********************************************Y
the committees for the very nice parties given
last week,
STATE EXCHANGE FINANCE CO. NEWS
****
We join with everyone in wishing Gene McFeely
First things First
the very best in the future and we will miss
her.
Last month when we were warned the electri****
city would be shut off for a -hort time, the
Ron and Karen Mendenhall celebrated their 12th
only precaution taken was to be sure the coftee
wedding anniversary :ec 8 'with a dinner-shopping pot was full of fresh brew,
spree. Congratulations you two!
****
****
P'age
NEWS NOTES
December 15, 1975
State Exchange Finance Co. hews continued:
The Finance Company held a small bazaar for
its employees. Everyone brought hand made
items from pot holders with smiling faces to
cookbooks; from cosmetics to quilts. This
was one item that sold well for kiddos:
A CHRISTMAS POOCH
Cut on all the solid lines. Fold on the
Curl the tail a little.
dotted lines
He'll sit, stand, and generally loll around. (make from construction paper or
get fancy and make of felt with wires
inlaid for the feathers)
The State Exchange Bank and Farmers'State Bank
sponsored a tax forum for farmers in the
Marshall County area on the subject of "Estate)
Inheritance, and Gift Taxes" on December 2 at
the American Legion Post in Plymouth, The
program consisted of a panel presentation by
Mr. George Winwood, Internal Revenue Service
Estate Tax agent;
Mr William Tracy, State
of Indiana Inheritance Tax Administrator;
Mr. David Feagler, attorney representing the
Marshall County Bar Association,
The purpose of the meeting was to inform F.')e
farmers of ti"Pir possible needs in the estate
planning area and to motivate them to initiate
an estate planning program.
Representing their banker, I would be more than
happy to discuss each farmer's specific needs
at no cost or obligation, on behalf of the
bank, at any convenient place, Your assistance
in carrying on this objective whenever you
come in to contact with these people at the
appropriate opportunity will be beneficial
and most appreciated,
- Again, thanks to everyone in the bank who
----- helped make this program a success With some
300 people at the meeting, we needed all
to greet, pass out posters and even to obextra chairs for the group!
, tain
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Ken Koerber, Trust Dept,
XXX)000000C0000XXXXXXXX
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DECEMBER BIRTHDAYS
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.101•11Malaganany Smart" w...••■
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_
Sagittarius
Nov.23- Dec. 21
Capricorn
Dec.21-Jan 20
Dec. 10 Wayne Holderead
14 Debi Fall
16 Joann Powers
Donna J. Peters
Mary Wicks
17 Kay Hagenbush
18 Marlyn Kuskye
19 Karen Stults
24 Jean Rensberger
Carol Jensen
96 Donna Lichtenbarger
HAppylItItimItttittlITIBIRTHDAy
--1
***********
At the girls' Xmas party Sharon Brockus,
"Everyone comes by and says the paper will
report I poured the punch," And it's true.
****
The Finance Company women held their annual
Xmas feast at the Culver Inn and then ad
journed to the home of Sharon Brockus for
further celebrating, Sharon generously spent
her shopping day getting ready for the group,
****
Reporter: Mimi Kalt
CHRISTMAS VACATION
All of the banks will be closed at
noon on December. 24,
XXXXXX)00000CCXXXX)000(XXXXXXXXXXXXXXXXX)OCXXXXXX-•
ANSWERS:
WORD SEARCH
Twenty Questions/ p. 1
11 $219,000 00
1 21
12. $1,784,000 01.
2. 8
3 $1,300.00 13. $2,410,000.0
14 $27 500 000
4 $385 00
15. 5,450
5 15
16 State Exchan
6 3
Finance Co.
7.805
17. 1943
8.140
18. 1915
9. 3,500 .
19. yes
10 3,500
20 $2.10