Hillsboro Bank - Fountain County INGenWeb Project

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Hillsboro Bank

Source: Lafayette Journal and Courier 1 Jan 2011 Sat p 16
Hillsboro  - Betty S. Stuart Young, 85, formerly of Hillsboro died Wednesday Dec 29, 2010 at her residence in Cincinnati, Ind.  Born in Dexter, Mo, on May 10, 1925 she was the daughter of the late Leslie Stuart and Frona Francis Stuart Morrow. She graduated from Dexter HS in 1943.  On July 31, 1949, she married John William “Bill” Young in Dexter. He preceded her in death on Jan 10, 1989.  In 1949, she moved to a farm south of Hillsboro. Betty worked as a bookkeeper at Hillsboro State Bank from 1968-1976.  She later moved to Zionsville and then Cincinnati.  Betty was active as a volunteer and was recognized for service at St. Vincent Hospital in Indianapolis. She also had volunteered for the American Heart Association.  Betty was a former member of New Liberty Christian Church of Hillsboro and was presently a member of Zionsville Christian Church. Surviving are three daughters, Margaret Ann “Margie” Alexander (husband: Steve) of Cortland, Ohio; Susan Elizabeth Brogden (husband: Dave) of Harrison, Ohio and Mary Caryl Young (husband: Michael Webb) of Santa Fe, NM; and a sister, Maxine Daniel of Dexter. Services will be held in Hillsboro. www.mausfuneralhome.com.

Source: Lafayette Journal and Courier  21 April 1981 p 4

Kingman - A new branch of the Hillsboro State Bank should be ready for customers in mid-May according to Carolyn Kempf, a bank spokesman. The new branch, a two-story modified A-frame building is located near the corner of First and State streets in Kingman. The building includes the ground-floor service area, a lobby and an office.  Ross Hankins has been named branch manager and loan officer.  Kempf is assistant cashier and Debbie Goodman is teller.  The Hillsboro bank received FDIC approval for the branch late last winter and construction has been under way since that time.  The Kingman branch will be the second for Hillsboro State Bank. Another branch is located in Covington.  

Source: Indianapolis Star 16 Feb 1911 p 5

Crawfordsville Feb 15 - Arrangements have been completed for the consolidation of the Hillsboro Bank and Farmers' Bank into a state bank.  The consolidation is for the purpose securing a capital of $25,000 necessary for the capitalization as a state bank.  The Hillsboro bank which is the older of the two institutions, has a capital stock of $15,000 while the Farmers Bank is capitalized at $10,000.  The new bank will be known as the Hillsboro State Bank.  James J. Williams, cashier of the Hillsboro Bank becomes president of the new bank, with James W. Frazier, of the same institution becoming treasurer.  

Notes:  Ira E. Wilkinson (might want to read his obituary) was president of the Farmer's Bank at Wallace but a director of the Hillsboro Bank when he pssed away in January 1935.

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