Imperial Valley press., 1927-10-21
BANK OF ITALY COMBINES
ACTIVITIES IN Ell CENTRIC

All clients of the Bank of Italy
National Trust and Savings Associa-
ton in and about FL Centre are to
be served at the present Imperial
valley branch quarters beginning
Oct. %.
Saturday, Oct. %, the Bank OF
Italy officers and staff, headed by
Leroy Holt, vice president, have
planned an opening and reception at
the remodeled banking quarters in
the Imperial Valley Branch office.
This office will be known as the FL
Centre Branch of the Bank of Italy
alton.
When the Bank of Italy purchased
the Southern Trust and Commerce
Eank of San Diego, it found itself
with two branches in the city Of Ell
Centre. 1t has been found both eco
nGmical and efficient to consolidate
the branches in Ell Centre in the
newly rcmodeled and more ample
quarters.
For the present, the charter of
the Imperial Valley branch will be
moved and maintained in the old
FL Centre branch quarters at 604
Main street.
Leroy Holt, vice president of the
Bank of Italy, has recently been
placed in charge of the Imperial
Valley district tor the Bank or Italy
National Trust and Savings Associa-
ton.
II. Y. Watson, vice president of
Bank of Italy, a. H. Keller, assist
ant manager, F.. J. Gianola, assist
ant manager, o. A. Klein, assistant
manager, II. T. Osborne, assistant
manager and j. c. Sloan, pro-assist-
ant cashier, together with staff
members from both former Bank of
Italy offices in FL Centre, are work
ing as reception committee to
greet old and new friends all day
Saturday at the new banking quar-
tiers.
A feature of the merger will be
an "open house to which the pub
lie is invited. During the afternoon
and evening, orchestra music will
add IN air of festivity to the occa-
SION. Ht Duuh W NC dNCOi ava
with flowers, and flowers will also
be given to the ladies as souvenirs.
A group of the officers of the Bank
of Italy National Trust and Saw
ings Association, including promi-
ncnt men from both Los Angeles
and San Diego will be here for the
occasion.
The building will remain open un-
til 9 O'Clock to give friends and
patrons of the bank, as well as the
general public, an opportunity to
call. The orchestra will play from
> to 4, and from Z to 9 O'Clock.
While to the casual observer no
radical changes have been made in
the interior of the building, con
siderable amount of reconstruction
has been necessary to provide ade'
quate accommodations for the in
creased staff and volume of bust
ness. Additional space at the rear
OF the bank has been leased from
the Southern Sicrras Power Com.
pany, owner of the building, and
large fireproof vault installed. The
new vault will provide ample room
for the storage of all bank records
aud supplies, and will leave the Old
safety and money deposit vaults
free from papers.
Tcllors have been moved from
their old location on the east side
Of the building to the west side,
and the collection and note tellers
have been moved to the east side.
IN the front of the building parti-
tons have been removed to make
additional room for the officers
desks.
The actual moving of office equip
r,ent and records will take place Fri
day night, so that both banks will
coDtinuc to function without any
business-hour interruption.