Biography of
Citizens State & Savings Bank of
Murphysboro
p. 1602
CITIZENS STATE & SAVINGS BANK. Occupying a position of no little priority as one of the substantial and ably conducted banking institutions of Southern Illinois, the Citizens State & Savings Bank of Murphysboro, Jackson county, bases its operations upon ample capitalistic resources and upon an executive corps of able and representative order. The institution is the successor of the Commercial Bank, which had been conducted under private auspices, and it has a paid-in capital stock of fifty thousand dollars, with a surplus fund of about eight thousand dollars. A general commercial banking business is conducted and special attention is given to the savings department, in which four percent interest is paid on deposits.
The Citizens State & Savings Bank was organized and incorporated in July, 1904, and the personnel of its executive corps at the present time is as here noted: John M. Herbert, president; John Q. Adams, vice president; Harry O. Ozburn, cashier; and Robert J. Hodge, assistant cashier. The business of the bank has shown a steady and substantial growth and a careful and conservative management has given the institution an impregnable place in popular confidence, so that it constitutes a valuable contribution to the financial concerns of the city and county in which it is established.
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