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1117-19 PACIFIC AVE, TACOMA With digital objects 128,000-132,000
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A129709-1

An unidentified employee of the Puget Sound National Bank put the bank's new IBM 1210 Reader Sorter through its paces for (l to r) Robert G. Gordon, Vice President and Cashier, and Harold Stephens, Assistant Vice-President, on January 13, 1961. In 1959 PSNB became the first bank in the State of Washington - and the second on the west coast - to convert to the use of computers. The other banks in the northwest resisted computerization, and attempted to talk PSNB out of taking this radical step, because they felt that banking customers would not accept being numbered. (Banking on Independence; the first century of Puget Sound Bankcorp, c1990)


Puget Sound National Bank (Tacoma); Banks--Tacoma;

D131289-8

Informal portrait of Puget Sound National Bank president Reno Odlin. He led the Tacoma-based bank for 26 years, seeing deposits grow almost 50% between 1950 & 1960, and rewarding shareholders with cash plus stock dividends. He accomplished this growth internally, without buying or merging other banks. In 1964, Puget Sound National Bank was officially designated the largest bank in Tacoma with deposits exceeding $121 million. Mr. Odlin was also for many years president of the Washington State Historical Society. (Provorse: Banking on Independence)


Odlin, Reno, 1897-1979; Bankers--Tacoma; Banking--Tacoma--1960-1970;