Melon is Cut by Bank Directors: Sanford Atlantic Bank Declares a Dividend

Melon is Cut by Bank Directors: Sanford Atlantic Bank Declares a Dividend

Sanford Atlantic Bank Declares a Dividend

Sanford (Fla.)

Banks and banking--Florida

Investments--Florida

A newspaper article published by The Central Florida Press on June 20, 1930. The article reports that the Sanford Atlantic National Bank had declared a dividend of $1.50 during a meeting of the board of directors held on June 17. According to the article, A. L. Betts was elected assistant cashier and that board of directors had lowered the interest rate on saving deposits and on time certificates. The article also reported that the interest rate on call loans in New York had dropped to 2.5 percent, showing that an abundance of money was available for safe investment. The bank was Originally established in 1928, but was later renamed the Atlantic National Bank of Sanford in 1974. In 1978, the bank was renamed the Atlantic National Bank of Seminole. In 1981, the bank was acquired by the Atlantic National Bank of Florida, was moved to 101 East First Street, and became a branch of the First Union National Bank of Florida.

Original newspaper article: "Melon is Cut by Bank Directors: Sanford Atlantic Bank Declares a Dividend." The Central Florida Press, Vol. 1, No. 9, June 20, 1930, page 1: Oviedo Historical Society, Oviedo, Florida.

ca. 1930-06-20

1930-06-20

1930-06-20

Digital reproduction of original newspaper article: "Melon is Cut by Bank Directors: Sanford Atlantic Bank Declares a Dividend." The Central Florida Press, Vol. 1, No. 9, June 20, 1930, page 1.

"The Central Florida Press, Vol. 1. No. 9, June 20, 1930." RICHES of Central Florida. https://richesmi.cah.ucf.edu/omeka2/items/show/5674.

Oviedo Historical Society, Oviedo, Florida.

Sanford Collection, Seminole County Collection, RICHES of Central Florida.

image/jpg

100 KB

1 newspaper article

eng

Text

Sanford Atlantic National Bank, Sanford, Florida

Donation

History Teacher

Economics Teacher

Originally published by The Central Florida Press.

Copyright to this resource is held by The Central Florida Press and is provided here by RICHES of Central Florida for educational purposes only.

Cepero, Laura

"Institution History for SANFORD BRANCH (720933)." National Information Center. http://www.ffiec.gov/nicpubweb/nicweb/InstitutionHistory.aspx?parID_RSSD=720933&parDT_END=99991231.

Sanford Historical Society (Fla.). Sanford. Charleston, SC: Arcadia, 2003.

Sanford Historic Preservation Board. "The Sanford Historic Preservation Board Presents The Sanford Historic Downtown Walking Tour." City of Sanford, Florida. 2009. http://sanfordhistory.tripod.com/Links/wtour.pdf.

1 newspaper article