Illinois News Index

McHenry Plaindealer (McHenry, IL), 18 May 1967, p. 35

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Slate Bank of Woodstock Grows The State Bank of Woodstock, which marks its 78th year in November serves both rural and urban McHenry county. .. •< It numbers many industries and businesses among the customers it serves. Mar\y individual citizens-- homsmakers, students, farmers, professional mencount on this bank as their financial headquarters. They do so with good reason--for the State Bank offers men with the right balance of experienced judgment and knowledge of needs for today's modern living. Growth Shows Confidence Growth of the State Bank in the past 10 years perhaps best dramatizes the confidence the public has shown in this venerable institution: Deposits have increased from $9 million to $16 million since 1957; loans outstanding have risen from $3 million to $5 million and total assets have increased from $10 million to $17 million. ' " < & $ $ ' : Heading the State Bank is a man who is an institution himself--active and informed Herbert T. Cooney, chairman of the board. Cooney joined the State Bank staff as janitor and clerk, as he fondly recalls, in 1902. Orv July 14, 1967, he will mark his 65th year at the State Bank, a record of service unequalled in Illinois banking circles. F1TTWH MM HIM WWWWBMMMMMMJMMi Donald J. Still, who joined the bank staff in 1938, is president. Donald Cooney is cashier. Noah L. Miller, a veteran with more than 40 years' banking experience, is trust officer. The trust department is one of many services provided by the State Bank. It provides full banking services-- savings accounts, checking accounts, safe box deposits, and short-term loans, to name a few. Harvard9 Bauman Builders Harry Bauman worked in the construction business and as a carpenter for several years before starting his own construction business with his wife Ramona in the Real Estate Department. The Baumans have been in the building business for 12 years and have completed over fifty homes and many remodeling projects, arid farm buildings in the Harvard area. Their motto has been to give their customer first class workmanship, the highest quality, and offer complete building and financing assistance for lag* and small jobs. They also offer to Trade in your Home on a new one, which has been quite acceptable and the "Labor Equity" plan offered the ambitious buyer who wants to save some money on his new home or building project. Only reliable and qualified sub - contractors are hired to always insure the quality desired in their building projects. Baumans offer choice building sites in Harvard and also build on the owners lots. Crystal Lake Continues to Grow Crystal Lake, after which the city was named, is the only natural spring-fed lake between Chicagoand Wisconsin. Historically, the community was once a resort area for wealthy Chicagoans. At one time owned by an ice company supplying ice for Chicago, the lake is now a private facility used by residents. Crystal Lake today is primarily residential* but with zoned areas of both heavy and light industry. The business district is on one of the rolling hills east of the lake, and home construction in the city is responsible for a population increase of some 400 people annually. HOUSING Homes range from older frame resort buildings to modern combination ranches and bi-levels. Of the homes in town, 35% were built before 1940 and 39% after 1950. Prices range from 17,400 to over $60,- 000, with most in the $18,000 to $26,000 bracket. New homes start at $17,400. There are an estimated 750 apartment units in Crystal Lake, with monthly rents ranging from $105 to $250 in luxury townhouses. SCHOOLS Public: 4 elementary and 2 junior highs serve the city, and the high school has recently begun a unique vocational training program, working with area industrial firms. Pupil teacher ratio is 29:1. Parochial: 1 Catholic and 1 Lutheran elementary, and St. Mary's Minor Seminary (Catholic) are in town. CHURCHES Two Lutheran and 1 each: Assembly of God, Baptist, Catholic, Christian Science, Church of Christ, Church of the Nazarene, Congregational, Episcopal, Evangelical Mission, Evangelical and Reformed, Methodist and Presbyterian congregations serve Crystal Lake residents. TRANSPORTATION Express CNW trains reach Chicago in 63 minutes (locals in 80 minutes), a cab company serves local needs, and United Motor Coach Lines run 2 daily buses to Chicago. Travel by bus takes about 2 hours. Light aircraft can be accommodated at the Crystal Lake Airport, and the Elgin entrance to the Northwest Tollway is 12 miles south of town on Route 31. The population of Crystal Lake is over 10,000 persons with a greater Crystal Lake are much in excess of that figure. The tax rate for the city residents is $4,281 and it has a city form of government. Crystal Lake was incorporated in 1914, has a median income of $8,241.00 and has a fire rating of 7. -1---TTTTTrrfOTriWCIiMWI The Brighter Tomorrow Forecast For McHenry County Is Here! PROGRESS EVIDENCED THE PAST FEW WEEKS EMPHASIZES THIS: • Adoption of the JUNIOR COLLEGE REFERENDUM • Adoption of the MENTAL HEALTH REFERENDUM • Action toward solving the COURTHOUSE DILEMMA The Stat*- llank <•! Woodstock provides the happy combination of experienced men who arc alert to today's problem < and tomorrow's needs. The State Bank is known as McHenry county's mostabl « -to-help hank for a simple reason: Rural and urhan McHenry county citizens find it so every day when they seek financial help. Please consider us, 6 r-JC " * * ' Your Financial Headquarters Our growth the past 10 years is indicative of this confidence: deposits from $9 million to $16 million, loaiv* outstanding from $3 million to $5 million and total assets from $10 million to $17 million. •WAT'C OF WOODSTOCK Look for our time and temperature clock . . . L..4 .w/. BXNKI fUVk STATE BANK OF WOODSTOCK % ON THE SQUARE IN DOWNTOWN WOODSTOCK BENTON & JUDD STS. WOODSTOCK

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