1904 Early Years O n February 15, 1904 Hills Savings Bank was founded by 19 local citizens with $10,000 among them and the dream of organizing a local savings bank. Subscriptions for stock in the bank were purchased with each share valued at $100. A board of directors was elected and plans were made to construct a building. Later that summer, the Hills Savings Bank opened for business with a handful of employees. John Goetz was appointed president and the board of directors was elected including Chairman John Goetz, Silas Glaspy, Joseph Walker, John McCollister, Flavian Degenhart, John Knebel, and F. C. Hirt.
Beginning in the 1920s, this burglar alarm was located outside the bank until a new building was built in 1952. Since there was no direct line to area police, the alarm allowed bank employees to create noise in case of a robbery. Fortunately it was never needed.
Screw-like grooves on safe door and opening.
Counter checks were used from 1904 through the late 1970s. Much different than present day checks, counter checks did not include the customer’s name or account number. Bank staff sorted and processed counter checks based only on the customer’s signature. It was not unusual to see pads of counter checks in businesses—even on the dashboards of cars and trucks.
From 1904 until the 1980s, this safe was used to secure money and important documents. The design of the safe door was unique in that it was screwed into the safe with a hand crank. Advertising by the Mosler Safe Company claimed the safe was dynamite proof.
History of
1904 A group of 19 local citizens gather to organize a local savings bank, Hills Savings Bank.
Hills Bank
1904 -1913 John A. Goetz serves as president.
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