Re ) | | THE History of Union National Mount Joy Bank Founded In cE the nation until the stock mar. ket collapsed in 1929, Conditions : | continued to become worse un- [til the Bank Holiday in 1933 lwhen all the nation’s banks were closed for a fortnight. However Mount Joy was incorporated | . as a horough February 10, 1851 Within two years, a group of | public-spirited citizens of the rewly created borough and vi cinity realized tho need of hav ) : a Re ts. tie ommencing work. | ihilitv : BY) = Cx Grp bank prospered immediately fore. cers erving e irst ears Fin oe commencing Work. sponsibility of having plans| TO BE DISPLAYED 1 : p . W i. S ne > Fore 3 and cn September 17, 18 .4 —| The bank continued to func- rior fo this time they were | qrawn for a complete renovy- a | less than a vear after ils organ-|tion as a savings institution un PRESIDENTS CASHIERS classified as learners and receiv-| tion of the banking quarters. Numerous interesting exhibits | W = 3 v . ‘7 r ¢ . Ana Hh A 1 $ 8g 3 ization—after some d:libera-|til May, 1860, when the Stock-| Henry Eberls EQ Q ed no salary for the first six |After carefully studying many |, . Cin : | E Y 1853 - 1856 wiohths of their emplovihent > [will be displayed in the Board tion, the Board decided to de.|holders decided to incorporate] Aj... © { p10} . plans, a contract was awarded Room. on the second floor A ADA oo cr aor | ipa A OF Tap rac f y fr : ot . aan clare a dividend of 5% on thelas a State Bank changing the|. , 1856 - 1886 | First World War was fought to Wilkinson Associates Incor- rion them Will be a collselion ' ta | a; ( 1 | i C C . noai . > ) capital stock. Dividends bave | name to The Mount Joy Bank. a) Np 188 189( during 1914-1918 and again, the | porated of Philadelphia, Pa. of issued by the bank i . | . : Ch i 000 - 10YU | hank fored its services y 188 3 > bank been paid every year since that|By virtue of becoming a state h I. Ni 108 bank offered its services to the providing for a complete reno. nearing the of Gath . . : 1 QQ ava ns | ati A ‘NC or > . : . . Cc « date. |chartered institution, the bank] H. 895 - 1890 - 1 17 | nation. To- encourage the PUT- | yation of the entire interior of of its predidents during the per . 3 2 En # | ehace p Ties Res ibhertv ry 3s + S S S > - In less than two years after|was permitted to issue its own| J. FE. Longehecker )24 - _ {chase of United States Liberty | {he building. Operations com-|. DIOR ed > 3 | J 1912 - 1947 | Bonds, it was agreed to hold all iod 1860-1935 when banks were J the bank opened. the Board re-|currency. H. S 331 ii i Re on July 1 and continued allowed to issue their own cur | i - 1 y 1 . < SS . 1 - 4 alized the necessity of owning | National affairs began having| wv a ‘Avenir 1936 - 1947 - jae Horus hn Withow for approximately a year, dur- rency. This unusual collection VY... i. V IY 1900 = I charge . 5 x pr . . . J SUC its own quarters. Accordingly, their effect on all citizens and | ,, YR sisi 1941 { charge. During this period, ing which time the business was is owned by Mr. H. N. Nissly they agreed to prirchase the en-|corporations during the Civil] ~~ ~~ 7° ; oe [arte Sums of the var Bus conducted as usual, however, at former cashi Tr, NOW relited and ire Toi: te s. Bont Wa i ORT : IIOP PRES ASST. CASHIERS | were purchased by the bank for | times ler great difficulties ! » ang tire building of which the bank War period, 1861-1865, and we VICE PRESIDENTS . : : ; a Imes under great Alvin R. Nissly of Hanover then occupied a part at a cost|find on numerous occasions the H CS 204 120 [VI a 1861 f its own Bem The The renovation program includ- “9 ) re 20 © Ai . RET. Tree owe Na , i i Po ng 1000 - 100 | yates paid by e government | SPA ye Roe il of $2,200.00. As soon as posses- [bank purchased Government Eli G. Reist 189 1898 wl Bh ok i ed the removal of the old-fash+ Mr. Norman H. Sprecher, an sion was secured they rented Bonds to help finance the war| =~ ~~ re mvs #H. N. Niss 1905 - 1917 Wer 0 24%. oned counters with high super. | ssistant cashier of the ban the portion now occupied by | hetween the North and they’ ei 1924 rl & Kra 1923 1047 | Following the practice of al structure and the replacing of | will display a coin and frac “i > " i -~ xi 2 an IT1 O. NIQ i J¢ 10% { " ROTA 5 he sod o p . oe | spiaj < 1 ¥ - the B. iitus Rutt Insurance Ag-|South. An interesting compari- New r 1924 - 1© : | ways serving the needs of the|{hem with modern low, friendly | : 5 : ss D. V r Shank 194 | community, it was decided in : . © |al currency collection as well ency and the second fioor to|son as to war costs is noted] } vard I 331 193, = : hii Si i Lal counters, the installation of alas a number of advertising nov > 1 . anita s 910 . . Trmissic . on das ¢ 1 D> EE IV= John B. Shelly for $80.00 per when Congress decided to issue wn B Nis 1934 Norma “ner 194 1310 10 apply for permission 10 new Lighting system, a NEW distribute { by th pank in year. a War Loan for $2,000,00000,] ‘Uv et cee ee | ATS om ig AP" | hookkeeping room, a ladies | yo bast > X The resident Jenry srle. | w hy Seems. meader wha - TTT, Ts, Te . | plication was granted and with: Co yp nes; atic] abl. The president, Henry Eberle,|which seems meager when com- | } wich occurrence, the payment } as its many depositors with ad- Ll ibe Fie Danis wa lounge, modern glass automatic | For comparison of progress on the last day of the year 1857|pared with our present debt of | Ten years later the matter of |such occu ' ll sd bi rs hy jan several mony fhe ban wali doors, ele. Po mat aE “ . : pe I 3 x : { rr i i he | ditional funds for the Christmas! inted guardian of four min- : 3 {and efficiency, a device for can- advised the board he no longer |$275.000.000.000.00 better protection again became of $33.66 for renovating the |" {appoinieq guarqaian of our mir Again, the parking probiem : : ee iii Shady : eid i wags : 0 , | Seasons. | or children. Thus, from a small . i |celling checks and notes one wanted any salary for his ser- In 1863. during some of {he |2 necessity and the cashier was | banking rooms was authorized A development of far-reach { i Ney > confronted the directors and it d vears nec inl 1 1 vices as president (salary was; NOE Hine of authorized to install a gong or|. irectors realized in 19091; : J | beginning, the I'rust Depart was decided. to purchase the 3 ago will be dem . | bitterest fighting of the Civil : { The directors realized in 1909 | iho benefit to the nation’s com. | . [SC lonstrated along side : jer $20.00 per year). After some ; alarm bell as additional safety |, tanks cy fT 7 | ment has grown from total dwelling adioinins the SH along side a modern RWI year, 3 War, Congress passed the Tare Te the building then occupied | merce, agriculture, and industry sets in 1919 of $15,000.00 to a oS BE ux [automatic electrically controll- liscussion, i ras agree 0 is-| 4; - nls i Y 4 zainst urglars 5 . 2 pra - § ee , : i sels wy Puy . c aster f > be rem- | sides, discussion, it was agreed to d [tional Bank Act to aid in meet 3 { was not adequate for its pres-|geceurred in the closing months total in 1953 of $1.400.000.00 eastern side of the pank prem {ed cancelling machine nue 5s salarv : Tl fave A 3 A : @ Je ol, , A woe TT >» TET F the = aE 24 ' continue his salary. |ing the expenses of the war I'he directors did not receive | ent needs and future expansion | of 1913 with the passage by the During this period it has served 15g. The lov in fhe rear of ix 3 » of i > 2 . : : WOO : ‘ing this perioc as serve colli re ONE 5 An example of unique em-|Two years later, the stockhold. @ for attending meetings decided to purchase the lot | Congress of the Uuited States | ol 200 fiduciary ¢ dwelling was filled to meet the ne ati is f i ry : Bo I SAR Bangin . in more than 2 ‘lary ca ie SO OR ployee relations is found in of The Mount Joy Bank au- until 1893. On November 16 of | which the bank now occupies. | of The Federal Reserve Act. | : level of the present lot, result | pacities and at present is serv- ling as executor and adminis- minutes of a meeting held June |horized the directors to con-jol that year, the Board adopted | A Building Committee compris- | This met a long felt need by ing in one of the fines; parking 23, 1859, when the following the bank from a state to a!a resolution agreeing to pay the |ed of Eli G. Reist, John G. Sny- bankers, economists, and oo etn an {lots in Mt. Joy with a capacity letter was presented to the|pational bank. The name select- | directors living in the country T. M. Breneman, J. E.| nessmen over the entire nation Teale of estas. hg of of 40 to 50 cars, which is now Board: ed was The Mount Joy Nation-|50c and those living in Mount | Longenecker and H. C. Schock | {or a banker's bank that would minors and ineonpets nis, ire availgble day and night for the “Gents: We, the undersigned |, Bank; however, the Comp |Joy 25¢ per meeting attended, | was appointed to supervise the | mobilize to its {ull effectivencss tes der wills and frustee of bank’s customers and friends. treasurer and clerk of this insti-|{ro1jer of the Currency would |the fee not to be paid to direct { construction of its new build-|{he potential power of the na- COTpOoraLe Depsion $d and uy, perennial problem of safe- tution, would respectfully askinot approve of the name sug ‘ors reporting after opening |ing, which was completed in |{jon’s financial institutions. Ac- porate bond i [ty was not forgotten and a new the Board as a courtesy due 10| gested. The name, The Union| time. [1911 at a total cost of $24,350 | cordingly, on January 22, 1914, Projection und Safety became | pb, roar alarm system was in- us to pass a resolution of con-|National Mount Joy Bank, was| The bank continued to ex-|.00. The vault, which was con-|it was decided unanimously by | © Sue agam and resulted 1164 in the vault and through- the installation of a modern out the building providing the burglar alarm system. maximum of protection both The first female employee i 3 . | 1 y nf : . tinuance for us in our respect-|gpmitted and later approved {pand and Keep pace by intro-|sidered one of the best avail-|{he Board of Directors that: ive stations which we now res.| ft was during this period that | ducing new facilities, an ex able, cost $6,500.00. Moving day | “Whereas, after due considera- pectively hold for the ensuing ihe Board. finding it necessary | ample of which js found in the | was March 16, 1911, and the sion of the terms and provisions : on day and night. year. to better protect the bank, neg cf September 22, 1898 | building Committee was in-|of said Act, it is the *opinion of way hired Ih 1925. : vies After renovations were com- Respectfully yours, stalled a vault at a cost of $500. when it was agreed to “sub-|structed by the Board to assist this Board that said terms and|__ The years of he ote wentios pleted in 1952, a committee Jacob R. Long, Treasurer goyeral years later in 1866, |scribe for a telephone, said iele- [in moving. Assets at that date | provisions shall be accepted.” |“ OTe hrosporous-ones However | ., prised of Martin S. Musser, B. F. Eberle, Clerk” the need for better ction: » company ! us Lan-| were $861,000. The directors at During this period, new em- many individuals were not a Clarence S. Newcomer, Alvin J. In response to the above let hocame apparent a a watch- | caster and all »oints in that time were: T. M. Brene : ware of the danger ahead for Reist, Harvey Rettew and Carl] ter, the following resolution nan was hired to guard the|ter County.” In 34906 @ long dis-{ man, H. C. Schock, Christian |” S.Krall was appointed to pro- | was adopted: “Whereas, the pyilding from 10:00 P. M. to|tance phone was installed Nissly, Rohrer Stoner, Eli] mw wpe, » | Vide arrangements to properly | Board of Directors of The|5.00 A. M daily. In addition he|V n several years a iype-|F. Grosh, J. W. Eshleman. Sam. | — ® | celebrate in the one hundredth Mount Joy Savings Institution, | as required to “keep up the|wriler and book: ping machine | uel B. Nissley, Johnson B. Kel- =m | anniversary of the founding of feeling satisfied of the integrity | fires and clean the rooms and | were purchased ler, Eli G. Reist, Samuel N. the bank. and management of the affairs pyrniture” subject to being dis During this period the bank | Mumma, John G. Snyder, I. D. In presenting this resume of of the institution by the treas- charged for fault found by any | ¢ yatinued to per and the Stehman and J. E. Longenecker. ! the activities and growth of the urer and clerk in office, be it, | director. His salary was $200.00 | bank's premi were renovatl-| The officers were: H. C. Schock, bank for the past one hundred therefore, resolved that they be per - year payable aro I trom time to tune. On one! President; J. E. Longenecker, years, we are aware that while CA Sera te as... pr Ce = President; 1. S. Longen- growth of tangible assets from 9 a | ecker, Cashier and H. N. Nissly, a total of $27,000.00 in 1853 to a total of approximately $6,000- ,000.00 one hundred years later and the growth of the trust de- partment from assets in 1919 of $15,000.00 to $1,400,000.00 thir- fy-four years later are of tre- mendous importance, the in- tangible benefits rendered its customers and community are of incalculable value and should!| ! not be forgotten. ; Consider the many young men and women who have acquired Assistant Cashier. Open House | was held in the new building on Friday, April 14, 1911. In 1912 the necessity for pro- viding a method for systematic avings for its depositors in ad lition to the issuance of Certi- ficates of Deposit became ap- parent. After carefully. studying the needs of the customers, it was decided to open a Savings Department. Since that date, {thousands of individuals have {opened accounts which have a college education with conse- of incalculable benefit. 3 : quential positions; the many | Several vears later, a Christmas Left to Right—Mary Jane Zimmerman, Bookkeeper, and families who are enjoying the p IClub was opened which provid-' Joyce N. Miller, Bookkeeper, satisfaction of home ownership;' Samu Ruth E. Shenk, Clerk el N. Hinkle, ‘Messenger _- Ruth C. Kraybill, Stenographer