Bio: Gerber, Jerry – New President of Owen-Curtiss State Bank (Jan 1978)

Transcriber: Stan

Surnames: Gerber, Van Deusen, Buss, Snodgrass

----Source: Owen Enterprise (Owen, Clark County, Wis.) 11 Jan 1978

Jerry Gerber, new president of the Owen-Curtiss State Bank, has assumed his new duties as of Tuesday, January 3, 1978. He was elected to the office of president during a meeting of the Board of Directors of the bank on Tuesday, December 22, 1977, following the purchase of the bank by Mr. Gerber, Larry Van Depsen, president of the Chetek State Bank, Franz Gerber and Carl Gerber of Bruce.

Under the new ownership and leadership of the Owen-Curtiss State Bank will be improved in a number of important areas. Mr. Geber listed these several areas: first, the board of directors will be increased from the present five members to seven, with four members from the local Owen and Curtiss area. Three of the local members are Mr. Gerber, Henry Buss and Art Snodgrass, and the other members will be chosen at the next stockholders meeting. The other three members of the Board are Franz Gerber, Carl Gerber and Larry Van Deusen.

The second and third areas of improvement are that both Mr. Gerber and Mr. Snodgrass will be loan officers, both with an increased and combine loan limit. Thus, with a larger board of directors and four local members, an increased loan limit, the Owen-Curtiss State Bank will be able to provide not only faster results on loan applications, but better service to the farming and business community. With the four local board members acting as a loan committee, larger loans will be processed quickly, with 24 to 48 hours, without the meeting of the entire board. This will be quite important to a customer, as they will not have to wait a month for results of their application.