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Sutton Bank history
Sutton Bank company history timeline
Founded in 1878, the history of Sutton Bank is fundamentally linked to the development of southeastern Seneca and western Huron Counties.
Among many other things Len had been President of the first class to graduate from Attica High School in 1880.
On May 1, 1903 Lester, who was now in poor health, formed a partnership with his two sons, Leonard L. and Charles C., whereby each of the three became equal partners.
He served until 1903 when he accepted appointment as Postmaster of Attica and left the Bank.
The earliest available record on the partnership of Lester Sutton & Sons is a report to the state auditor dated October 12, 1904 summarized in round numbers as follows:
In the summer of 1907, two men named Judd and Duke came to Attica from Cleveland and opened Attica Savings and Trust Bank in what is now the north room of the Attica Eagles, formerly Attica Hotel.
In 1909 death ended the career of the pioneer attorney and banker of Attica.
In the February of 1915 Leonard L. Sutton, Charles C. Sutton, W. L. Fritz, I. Coder and Edward Weaver filed Articles of Incorporation for The Sutton State Bank.
On May 1, 1915 Lester Sutton and Sons became The Sutton State Bank, an Ohio Corporation.
On May 1, 1915, the first day of the corporation's banking activity, the changeover was subject to examination by the state, which reported as follows:
The next outstanding item of Bank history started in August 1918 when the Bank purchased a part on inlot 16 in Attica.
The officers and directorate remained the same for many years thereafter except that C. M. Link became the new Director upon the death of Edward Weaver in December of 1918.
Corwin Sutton began his career as a Bank officer on September 3, 1926 as Assistant Cashier.
He was elected a Director in March of 1927 after the death of Vice President and Director John Schottler.
Charles N. succeeded Charles C. as a Director and was named as Assistant Cashier on January 14, 1931.
The death of Lester's other son occurred in 1935.
Through most of the 1940's the war and the following economic confusion prevented much construction.
Victor Ayres was named Cashier at the end of 1948.
In January 1955 Alva J. Sutton, son of Corwin, first appears in the officer list of the Bank as an Assistant Cashier.
At this time President Corwin Sutton had been in poor health for a few years and his death occurred in April of 1956 at the age of 56.
In 1970 Charles N. Sutton retired from banking by disposing of his investment in the Bank and the holding company.
1974 saw Virginia L. Nutter elected as Cashier.
In 1975 Eric Gillett, first appeared as Loan Officer.
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Sutton Bank competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| University Of Illinois Employees Credit Union | 1932 | $50.0M | 85 | 1 |
| Old Fort Banking | 1916 | $6.1M | 50 | 4 |
| KeyBank | 1825 | $2.8B | 17,999 | 682 |
| Exchange Bank | 1890 | $98.4M | 375 | 9 |
| Androscoggin Bank | 1870 | $50.0M | 180 | 12 |
| Southern Bank and Trust Company | 1901 | $230.0M | 750 | 23 |
| First Farmers Bank & Trust | 1885 | $8.5M | 198 | 14 |
| Park National Bank | - | $5.7M | 350 | 52 |
| Northwoods CU | 1936 | $5.0M | 22 | 3 |
| Woodland Bank | 1920 | $1.7M | 35 | 6 |
Sutton Bank history FAQs
Zippia gives an in-depth look into the details of Sutton Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Sutton Bank. The employee data is based on information from people who have self-reported their past or current employments at Sutton Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Sutton Bank. The data presented on this page does not represent the view of Sutton Bank and its employees or that of Zippia.
Sutton Bank may also be known as or be related to SUTTON BANK, Sutton Bancshares and Sutton Bank.