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BIOGRAPHICAL SKETCH - OLIVER STANLEY P O m

S*

B o m - "White Rock, South Dakota, September 17* 1896.
APR
Father’
s profession - Banking.
Graduate - University of Minnesota, 1917* B.A. with ’
'Honors in
specializing in banking, accounting, and foreign languages.
National City Bank of New York foreign service scholar, summers
Bookkeeper in Petrograd, Russia, branch of that bank for six months 1917-18;
escaped through Siberia after Bolshevik Revolution.
U.S. Navy, August 1918-August 1920.

Supply Officer on troop transports and destroyers.

Federal Reserve Bank of Minneapolis, August 1920-July 195>0. Business research, August
1920-June 1927* Head of Research Department and editor of Monthly Business Review,
June 1927-July 1936. Vice President, July 193o-November 193o. First Vice President,
November 1936-July 195>0.
Federal Reserve System committee work:
Chairman of two special committees studying check collection system.
Chairman of System Committee on uniform member bank operating ratios 1937-July 195>0*
Trustee of Retirement System and member of Investment Committee 1938-U3.
Member of Retirement Committee 19U5>~5>0.
Made study of "Causes of Failure of 225 Member Banks, 1920-31" for System Committee
on Branch Chain and Group Banking.
Other Federal Reserve special experience :

Produced two talking movies on the Federal Reserve System.
Produced a picture book, "Your Money and the Federal Reserve System."
Collaborated with others on development of Minneapolis Reserve Bank Short Course in
Central Banking, Seminar for instructors in money and banking, Federal Reserve Forum, eti
Author of booklet, "Questions and Answers on Gold."
Outside experience:
American Institute of Banking - First educational director of Minneapolis Chapter;
instructor in many subjects; president of Minneapolis Chapter.
American Bankers Association - Lecturer at Graduate School of Banking, Rutgers
University 1939-^0.
Central States School of Banking, Madison, Wisconsin - Lecturer 19U5>~5>0.
University of Minnesota - Instructor in evening classes 1921-23.
Special cons^iltant on investments of social insurance reserves for Committee on
Economic Security, 193h»
Special consultant in development of statistical office of Federal Deposit Insurance
Corporation, 193U-35>*



- 2 -

Numerous civic activities; Y.M.C.A., Boy Scouts, Chamber of Commerce, Northwest
Shippers Advisory Board, etc.
Honorary member of Beta Gamma Sigma.
Honorary member of Delta Sigma Pi.
Minneapolis Club; Congregationalist; Independent Republican.
Married; three children, all married; three grandchildren.