Olson returns to Fergus Falls for Security State Bank’s 50th anniversary
Published Thursday, March 29, 2007
Mark Olson
Security State Bank will celebrate its 50th anniversary this week and the public is invited to an open house from 9 a.m. to 3 p.m. all week through Friday. Coffee and cookies are free as is a chance to win one of two $50 bills given away each day.
Former Bank President and Federal Reserve Board member Mark Olson will also be present from 3 to 4 p.m. Friday.
In honor of his return, the Fergus Falls VFW Color Guard will hold a flag-changing ceremony.
“It was put up in his honor in 1986, the year he was named president of the American Bankers Association,” vice president Val Fick said. “He is now in Washington, D.C.”
The Olson family was one of the founders of the bank, she said.
In 1976 he became the bank’s president, serving until 1988. He has since served on the Federal Reserve Board of Governors and the Federal Open Market Committee and as administrative governor of the Federal Reserve Board beginning in August 2002.
The celebration at Security State Bank will culminate with a concert by the Delaware band, “Duffields” at 7:30 p.m. Friday at the Middle School. Tickets are 50 cents.
For more information and tickets to the concert, stop at the bank or call 218-736-5485.
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