BIO: The First National Bank of Osceola, Clearfield County, PA Contributed for use in the USGenWeb Archives by Judy Banja & Sally Copyright 2005. All rights reserved. http://www.usgwarchives.net/copyright.htm http://www.usgwarchives.net/pa/clearfield/ NOTE: Use this web address to access other bios: http://www.usgwarchives.net/pa/clearfield/1picts/swoope/swoope.htm _____________________________________________________________ From Twentieth Century History of Clearfield County, Pennsylvania, and Representative Citizens, by Roland D. Swoope, Jr., Chicago: Richmond-Arnold Publishing Company, 1911, pages 498 & 501. _____________________________________________________________ THE FIRST NATIONAL BANK OF OSCEOLA, Clearfield county, Pa., which occupies a high place among the safe and sound financial institutions of Clearfield county, was incorporated in 1902, with a capital stock of $50,000. The bank opened for business on December 15, 1902, with the officers who have ever since directed its policy and conserved its interests. They are the following capitalists and men of high pensonal standing: John McLaren, president; H. W. Todd, vice president; and E. C. Blandy, cashier. The following are the directors of this bank: C. R. Houtz, of Philipsburg; James S. Moore, of Houtsdale; W. A. Gould, of Brisbin; H. W. Todd, of Philipsburg; John McLarren, of Osceola Mills; E. C. Blandy and Frank Craig, of Brisbin, Pa. This bank has always occupied its present site but in 1908 the old building was torn down and in its place was erected the present handsome two-story structure. It is finely finished, equipped with all modern conveniences and especially fitted for the banking business. This institution has made wonderful strides forward in the comparatively short period of its existence and has paid its twelfth dividend. The surplus is $40,000 and the undivided profits total more than $4,000. T. C. Blandy, cashier of the above bank, was born at Osceola Mills, but when about eight years old was taken by his parents to Lewes, Dela., and from there to Huntingdon, Pa. In 1890 he entered the U. S. Naval Academy at Annapolis, Md., where he continued for four years. In 1896 he returned to Osceola Mills where he has been in the banking business practically ever since. He was assistant cashier of the Osceola Banking Company, a private enterprise, until 1902, when he was largely instrumental in the organization of the institution of which he now is cashier.