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GL£NDCTN V WEIR. EXEC. VICE PRES. AVERY GAFFIELD ASS'T. CASHIER CHARLES J. GIBSON, PRESIDENT FII^ST DIRECTORS C. J. GIBSON J, S. CHR1STENSEN F. E. TOWER F. S. GIBSON. JR. H. A. VOS S. L. TOWER G. V. WEIR it' S. WM. NIELSEN. CASHIER ERNEST L. FRIES. ASS f T. CASHIE BANK GREENVILLE, MICH, February 19, 1944 Marrimer Eccles, Governor Federal Reserve System Washington, V. 0. Dear Sir: In a recent issue of one of our financial magazines I notice that you have been nominated for a further term of fourteen years as governor of our Federal Reserve System. During the last twenty years, I have operated banks in various states and I am writing to praise the operation of the Federal Reserve System under your direction. In recent years,,various regulations have greatly increased the efficiency of the Federal Reserve and has made it increasingly more valuable to the membership. Under your leadership, I know that the changing conditions which will occur during the next few years will have the most careful attention* Sincerely, Glendon V» Weir Exec. Vice President GVW:VB First State Bank of Greenville Greenville - Michigan Chartered March 24, I896 Member Federal Reserve System Statement of Condition FIRST STATE BANK OF GREENVILLE December 31, 1943 RESOURCES CASH AND DUE FROM BANKS - U. S. GOVERNMENT SECURITIES OTHER SECURITIES - . LOANS TO CUSTOMERS - _ - _ $674,124.62 - _ 1,511,705.78 . 65,391.25 - 277,025.09 FEDERAL RESERVE BANK STOCK - - - 2,250.00 BANK BUILDING AND EQUIPMENT - - - 13,062.88 PREPAID INTEREST 586,96 OVERDRAFTS 8.25 $2,544,154.83 LIABILITIES CAPITAL SURPLUS $50,000.00 . . . . . . UNDIVIDED PROFITS . . 30,000.00 9,422.49 UNEARNED INTEREST DEPOSITS . 2.275.8O . . . . . 2.452,456.54 $2,544,154.83 MEMBER FEDERAL DEPOSIT INSURANCE CORPORATION CHARLES J. GIBSON, PRES. GLENDON V, WEIR, EXEC. V. P. S. WM. NIELSEN, CASHIER AVERY GAFFIELD, ASS'T.CASH. ERNEST L. FRIES, ASS'T.CASH. DIRECTORS C. J . GIBSON J. S. CHRISTENSEN F. S. GIBSON, JR. S. L. TOWER F. E. TOWER H. A. VOS G. V. WEIR February *3, 1944. Dear Mr. *>eir: This is to thank you-for your letter of February 19• It is encouraging to know that a member bank feels that the efficiency of the Federal Reserve System has increased and that it has become more valuable to the members. I hope we can live up to the reputation we have established with you. 1 appreciate very much your complimentary personal references, as I do your thoughtfulness in writing to me. Sincerely yours, Mr. Glendon V. fieir, Executive Vice President, First State Bank of Greenville, Greenville, Michigan.
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