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BANK OF MULLEN

Historic Businesses • Entry B42
Bank of Mullen - 1987
Bank of Mullen – 1987

The present building has been remodeled twice. First in 1961 with Walter Mischnick as the contractor. Open House was held March 25, 1961, to show off the newly remodeled quarters and to celebrate the twenty-fifth anniversary of the only bank in Hooker County. Again in 1981, due to addition of new equipment and the need for more office space, the building was remodeled and enlarged. Robert R. Phillip was in charge of the operation. Open House for the public was held May 30, 1981.

Officers elected January 8, 1965, were: LeRoy Abbott, President; W.H. Bramer, Executive Vice-President; Daniel C. Deibler, Jr., Cashier; John M. Jones, who joined the bank staff Apri l15, 1961, Assistant Cashier. On January 8, 1966, W.D. Stroud was elected Vice-President. Daniel C. Deibler, Jr., died February 4, 1966.

LeRoy Abbott died January 1, 1967 while on a holiday cruise with his family. The stockholders elected Francis R. Hanna as director January 25, 1967. At the directors meeting held the same day, officers elected were: W.H. Bramer, President; Donald D. Stull, who transferred from the Bank of Hyannis, Vice-President and Cashier; John M. Jones, Assistant Cashier; Sarah T. Bram-er, Assistant Cashier. Paul M. Hefti was elected to the board of directors January 23, 1968.

W.H. Bramer retired from the bank staff in December, 1969, after 34 years of faithful service during which time the bank enjoyed a prosperous and steady growth. At the January 1970 meeting W.H. Bramer was elected President; Donald D. Stull, Vice-President and Manager; and John M. Jones, Cashier. Mac Osborne, one of the original directors, died June 30, 1970.

On January 12, 1971, Paul M. Hefti was elected Chairman of the Board and Donald D. Stull, Executive Vice-President. January 12, 1972, all officers were reelected and Donald R. Pearson was made Assistant Cashier. Pearson started work at the bank August 21, 1967. At the January 8, 1973, meeting the stockholders elected two new directors, Donald D. Stull and Lenard Kime. Lenard was elected to fill the vacancy created by the death of his father, J.H. Kime. No further changes until January 26, 1976, when John M. Jones was elected to the Board of Directors. Paul M. Heft was elected Chair-man and President and John M. Jones, Vice-President and Cashier. In 1977, directors and officers were reelected without change.

Paul M. Hefti died June 13, 1978. At the July, 1978 meeting the directors elected Donald D. Stull, Chairman and President with John M. Jones, Vice President and managing officer. James E. Abbott was elected a director January 31, 1979. Officers elected then were: Donald D. Stull, Chairman and President; John M. Jones, Executive Vice-President; Donald R. Pearson, Cashier; and Bessie Bradley, Assistant Cashier. Bessie worked part time for several years and started full time July 1, 1969. The same officers and directors were elected in 1980 and 1981. Officers elected January 14, 1982, were: Donald D. Stull, Chairman; John M. Jones, President; Donald R. Pearson, Vice-President and Cashier; Bessie Bradley, Assis-tant Cashier; Ronald D. Boyer, Assistant Cashier. Ron joined the bank staff April 17, 1978. January 10, 1983, all officers were reelected and Donna M. Kennedy was named Assistant Cashier. Donna started work Au-gust 7, 1978. Bessie Bradley died July 24, 1983.

Donna M. Kennedy was promoted to Cashier and Ronald D. Boyer to Assistant Vice-President January 20, 1986. Donald R. Pearson resigned August 29, 1986, and Donald D. Stull resigned January 2, 1987. Directors elected January 21, 1987, were James E. Abbott, Frank Tolstedt, Lenard H. Kime, Francis R. Hanna, and John M. Jones. Officers elected by the directors were: James E. Abbott, Chairman; Frank Tolstedt, Vice-Chairman; John M. Jones, President; Donna M. Kennedy, Vice-President and Cashier; Ronald D. Boyer, Assistant Vice-President; Evelyn K. Elliott, Assistant Cashier. Evelyn began work at the bank August 30, 1982. Other members of the bank staff are Carol M. Wright, who began work August 26, 1983, and Cathryn Nichols.

A few of the people who have worked at the bank over the years are Mary Baker, Mariam Genkins, S.H. McGown, Willard Lynch, W.D. Stroud, Robert Taylor, and Sandra Long.

The Bank of Mullen is a member of the Federal Deposit Insurance Corporation with deposits insured up to $100,000.00. Since it's beginning in 1936, the bank has enjoyed a consistent growth. At the close of business December 31, 1986, it had Capital and Surplus of $1,000,000.00 and Deposits of $16,176,317.87.

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