HISTORIES:  Bank of Barron, Barron County, WI

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                            Bank of Barron

The Bank of Barron was established as a private bank on May 1, 1885. C.D. 
Coe and J.F. Coe were the founders. It was incorporated as a state bank 
March 3, 1887, and opened for business on May 2, 1887. The charter was to 
run 20 years and the authorized capital stock was $50,000.00 consisting 
of 500 shares, each share worth $100.00. The four original stock holders 
were: Frank J. McLean (200 shares), W.C. McLean (50 shares), C.D. Coe and 
J.F. Coe held 125 shares each.

On April 30, 1887, the following officers were elected: F.J. McLean, 
president; W.C. McLean, vice president; C.D. Coe, cashier and J.F. Coe, 
assistant cashier. The building and lot was purchased for $2,132.29 and 
$504.08 was authorized to purchase furniture and fixtures. On August 1, 
1895, C.J. Borum became assistant cashier. On February 3, 1896, there were
three directors: F.J. McLean, W.C. McLean, and C.J. Borum.

On January 12, 1905, it was voted to erect a brick building. The first 
floor was to be rented for a store; the bank was to be located on the 
second floor. The cost was limited to $10,000.00. On January 30, 1907, the 
bank charter was extended for another 20 years. On January 12, 1909, J.W.C. 
McLean was elected president, J.P. McLean vice president, C.J. Borum 
cashier, and George R. Borum, assistant cashier. T.W. Borum became 
President in 1915, and C.J. Borum became President in January, 1920. In 
this year, George R. Borum was vice president and F.L. Van Sickle was 
cashier. In January, 1932, George Borum became chairman of the board. F.L. 
Van Sickle became president and Jalmer Viitanen became cashier.

On January 17, 1937, the Normanna Savings Bank and the Bank of Barron were 
consolidated. These men were elected directors: J.C. Rockman, Martin N. 
Rockman, George R. Borum, F.L. Van Sickle, A.E. Coe, J.E. Bowen and F.S.
Wodard. Other officers elected were: J.C. Rockman, president; F.L. Van 
Sickle, vice president; George Borum, chairman of the board; Jalmer 
Viitanen, cashier, and Morris Johnson, assistant cashier.

The bank was remodeled in 1956-1957. New fixtures, lighting and decorating, 
a new safe deposit vault in the basement, and a conference room in the 
basement made up this remodeling project.

The officers at present (1960) are: J.C. Rockman, president; A.P. Stebbins, 
vice president; Jalmer Viitanen, cashier; Morris Johnson, assistant cashier.

The directors are: J.G. Rockman, Martin N. Rockman, Jalmer Viitanen, A.P. 
Stebbins, M.B. Johnson, and Martin L. Anderson.

The employees are: Helga Nelson, Geraldine McManus, Vivian Meyer and John 
Wold. On December 31, 1959, the records show undivided profits and reserves 
$94,772.02. Total deposits $3,113,318.99.

--From the Souvenir Historical Album of the Barron Centennial-1960
(used by permission)