- Item
- 1950-12-15
Part of Richards Studio Photographs
In December of 1950, William D. Hopping (center in suit), president of Tacoma Savings & Loan, joined the "Kornaires"a barbershop quartet, to sing the praises of his company during the thrift's annual Christmas party. Louis Tebeau has been identified as the singer third from left. The following month, Mr. Hopping announced the substantial growth of the thrift during 1950. Savings increased $793,059.34 to a total of $10,830,421.78. Reserves increased to 8.8% of share liability. 35% of assets were represented by cash, US government, state and municipal bonds. Directors were: George B. Guyles, Charles B. Welch, Raymond T. Winden, and President Hopping. (TNT, 1/16/1951)
Tacoma Savings & Loan Association (Tacoma)--People; Financial facilities--Tacoma--1940-1950; Barbershop quartets; Hopping, William D.; Tebeau, Louis;