The Mail-Journal, Volume 29, Number 7, Milford, Kosciusko County, 28 March 1990 — Page 74
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PROGRESS EDITION — Wed., March 28,1990
26,000 Locations In 3,100 Cities To Serve You ,<sß jig •'. I \ T w T* 8 lIBKj' BMM ■ QhNMSBHKRNHMMI I I I I **T *’■ j $ f ' ■ ~““ ———-——• J ! SO Z ' x **■•>' t - •^<- : : ■st> c ’ &W4 i" " •’ — ,.<•„ .— . ... >_.., When You Need Cash And The Bank Is Closed The 24 Hour Teller Is The Answer When you’re ready for the weekend, so are we. 24 Hour Teller is always ready for people on the go ... 24 hours a day. Need extra cash? Want to transfer between checking and savings? Wondering what your balance is? 24 Hour Teller lets you do it all and more. Even make loan payments at your convenience. 24 Hour Teller is easy to use. Just insert your 24 Hour Teller Card, follow the instructions on the screen, push a few buttons and you’re finished. Our 24 Hour Teller is also affiliated with CIRRUS, the national network that lets you get cash from your Lake City Bank account at more than 26,000 locations in 3,100 cities across the country ... just as easily as if you were at home. If you aren’t already enjoying the convenience of the 24 Hour Teller — and you do have a Lake City Bank checking and/or savings account — simply stop in any of our locations for an application. oake City Bank A fdic CIRRUS
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BANK’S NEWEST LOCATION — Shown is Lake City Bank's newest location at Woodland Plaza, 3501 US 30E, Warsaw, which will be opening early this year. Presently the bank is in its third location in Warsaw plus offices in 10 towns in Kosciusko and Wabash Counties.
Lake City Bank — Serving the community
Lake City Bank, the fifth oldest of the State Chartered Banks in Indiana and the oldest and largest locally owned bank in the area (over 600 shareholders) will celebrate 118 years of continuous service this year. In its early years, the bank experienced both the free-wheeling business style of around the turn of the century and the more structured system created in the 19305. The Lake City Bank has survived and prospered through each successive economic circumstance, including the most devastating one of them all, the Great Depression. On May 14,1872, James McMurray, a prominent and wealthy businessman, was named president of the new institution located next door to Wynants Drug Store on. the town square. John Lewis and J.B. McMurray served as cashier and proprietor respectively. In less than three years, the bank was reorganized and incorporated as a state bank. The board of directors, comprised of James McMurray, H.B. Stanley, Edward Moon, John Grabner, Hiriam Hall, Washington Bybee, C.C. Reynolds, and Hudson Beck selected 26 charter stockholders. The revamped institution moved to its second location on the south side of the town square in a building called the Indianian. Lake City Bank reorganized two more times, once in 1895 and again in 1919. The 1920 s were thriving years for the bank. Industry was booming in Warsaw and many companies relied on the Lake City Bank to assist in their growth. The depression of 1929 and subsequent Bank Holiday left only one bank open out of the five in Warsaw — Lake City Bank. Since that time, Lake City has continued its steady, stable growth. Those who have served as presidents are James McMurray, Hudson Beck, William B. Funk, David H. Lessig, John Grabner, J. Warren Coleman, John A. Sloane, Herbert Robinson, Bruce
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Wright, and currently R. Douglas Grant. Presently, the bank is in its third location in Warsaw, on the corner of Indiana and Center Streets, plus offices in 10 towns in Kosciusko and Wabash counties. Richard G. Adams, W.E. Creighton, R. Douglas Grant, Jerry L. Helvey, Homer A. Kent, J. Alan Morgan, Joseph P. Prout, Robert L. Rasor, Philip G. Spear, Terry L. Tucker, and George L. White serve as members of the board of directors. The tradition of providing efficient, convenient financial services was reinforced with the opening of the third office in Wabash County and installation of additional automated teller machines. A new office that will include the eighth automated teller machine is now under construction in the Woodland Plaza, with opening planned for early this year. In an effort to keep citizens in Wabash and Kosciusko counties as fully informed as possible, Lake City Bank sponsored John Marten, staff economist for the Farm Journal, for an agriculture economic briefing. Two additional briefings were held with Indiana University economic and business professors discussing the economic outlook with area business leaders. The trust department hosted seminars in both counto update our customers on current ends in the area of trusts and will preparation. “Investors Weekly” was developed to fit the financial needs of a changing society. This high paying, no risk investment has once a week liquidity and earns national money market rates for balances over $20,000. The commitment to make Kosciusko and Wabash counties better places to live and work remains a constant goal of the directors, officers, and employees of Lake City Bank.