Without causing depositors or other bank patrons the slightest inconvenience, the newly organized Community State Bank took over the business of the State Bank of Fowlerville which has completed 69 years of service in this community.
Mr. Herbert Boyes (see picture below), cashier of the new bank took over the duties of operating the bank with the assistance of Miss Hulda Euper, assistant cashier of the old bank, who retains that position in the new bank.
Many changes of policy in operation of the new bank are planned by the officers for the benefit of bank patrons, and a new service, that of safety deposit box rental, is now available.All patrons of the former bank as well as new friends are invited to attend the grand opening this week, Wednesday, Thursday and Friday, July 1, 2, and 3. The bank will be closed on Saturday, July 4th, in observance of Independence Day.
The old bank's assets are being liquidated and patrons are reminded that no inconvenience will be caused to any depositor by the change-over. However, everyone is invited to visit the new bank and get acquainted with the new cashier, andn to inquire regarding the policies of the new bank.
Many interesting items are being related regarding the former bank which was founded by Mr. John C. Ellsworth and Mr. Mylo L. Gay, in 1873. Mr. Ellsworth bought Mr. Gay's interest in 1884 and operated a private bank until it was reorganized as the State Bank of Fowlerville in 1904, with Mr. Ellsworth as president.
One of the most widely circulated stories concerning the old bank is being told of how, when Fowlerville suffered a disastrous fire, Mr. Ellsworth continued his banking business on the street beside the old safe, and served the people without interruptions.
This article was published in The Fowlerville Review in 1942.
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