P a g e 2— Section II B — Sandy Post T hurs., Fob w
1900
Benj. Franklin’s new president
here for Sandy grand opening
Benj. Franklin president
and chief operating officer
R o b e rt E . Dow nie w ill
participate in the special
opening celebration of the
Benj Franklin Sandy office
this Friday ,
Downie stepped in as
p res id e n t of The B enj.
Franklin Jan 1 when Robert
H Hazen retired Hazen will
continue as board chairman
and chief executive office.
Dow nie
joined
B enj.
Fran klin in 1M5 following las
graduation
from
Oregon
State University and service
during World War H . With
more than 30 years with The
Benj Franklin, he knows the
association from ground up.
He has served as teller,
b ookkeeper,
acco u ntant,
treasurer. and far 10 years be
served as executive vice
president in charge of
operations
and
ad
ministration of the fir m ’s 50
offices throughout the state
He is immediate past
chairman of the Oregon
Savings and Loan League,
trade association for the
state's 38 th rift institutions,
and is a farm er national
president of the Financial
Managers Society for T hrift
Institutions
He also has
served as president of the
Uptown Ki warns Club
Dowme’s association with
Bob Hazen goes back to
Grant High School where
they both were students In
fact, fellow student Louis
Scherzer also became one of
the Benj. Franklin fam ily.
Scherzer, now executive vice
president in charge of the
lending division, joined Benj.
Franklin in 1946
The three opened Benj.
Franklin's first branch in the
Hollywood district in 1951
with Hazen as manager,
Scherzer as loan officer and
Downie as savings officer
Benj. Franklin president
Robert Downie
30,000 Oregon families:
Firm is committed to home ownership
Savings
and
home-
o w n ership is the whole
idea behind The B enj.
Franklin
Since it was founded in
1925. Benj. Franklin has held
a commitment to personal
home ownership and has
helped
thousands
of
Oregonians
achieve
thus
goal
There are nearly 30,000
Oregon fam ilies living in
homes currently' financed by
T h e Benj. Franklin
In the tri-county area,
Benj. Franklin made 61,855
m o rtg ag e loans to talin g
f 1.798.882.781 in volume from
1959 through 1979
For 20 of the past 22 years,
Benj. Franklin has topped all
other private lenders by wide
margins in the tn-county
area of Washington. M ult
nom ah
and
C lackam as
Counties,
the
m a jo r
population
state.
center
of
the
This is made possible
through the savings of
thousands
of Oregonians
channeled into funds for
building our growing towns
and cities through loans for
hom es, a p a rtm e n ts and
other business properties.
“ The
B e n j.
F ra n k lin
provides loans for home
building in addition to loans
to purchase homes,” said
Donald H. M cIntyre, senior
vice president in the firm ’s
lending
division
“ Home
construction provides good
quality jobs for thousands of
Oregon people ”
Benj. Franklin has been
involved in a number of
planned residential com
munities inthe Pacific North
west in addition to a growing
number of manufactured
housing (m o b ile
hom e)
loans. The association also
has a strong commitment to
inner-city lending.
The
p res ervatio n
of
historical buildings has been
extended to lending activities
through loans to finance the
renovation of buildings in the
re v ita liz e d
sections
of
s e ve ral
Oregon
com-
m in ities
The savings and loan
association also is one of the
leading lenders in home
improvement loans Home
improvement loans are for
the repair or alteration of an
existing stru c tu re . This
includes landscaping, room
additions, swimming pools
and m ajor appliances.
The Benj. Franklin has
participated in the State of
O re g o n
w e a th e r iz a t io n
program since 1978. Through
this
program
customers
receive below m arket in
terest rates on qualified
w e a th e r iz a tio n
im
provements if these im
provements meet the criteria
of the state program
The firm has played a
m a jo r ro le in the en
couragement of th rift aud
homeownership to thousands
of Oregonians and their
economic well-being that has
strengthened our state. ‘‘But
it ’s the thousands of Benj.
Franklin savers who help
provide the funds that make
it
a ll
p ossible,*’
said
M cIntyre.
Benj. Franklin offers
free customer services
Way back w hen . . . .
Standing outside Benj Franklin'« 194k bome office and current location of the firm r S ta rt
Street office are (from left past president of K E X Radio J.B Conley. Benj Franklin
Chairm an Robert H. (Bobi Hazen, and Chairman Emeritus and associate founder Ben
H. Hazen.
Savers have always been
very important people at The
Benj Fran klin, and that's
why some very handy ser
vices are always available
with the company 's com
pliments
For instance, if you need a
document notarized, your
Benj Franklin Sandy branch
will notarize it for you
without charge
Or if you need money or
ders or travelers checks,
these are available without
charge
Check cashing is another
convenient service
Your
Prestige Saver’s card also
provides
instant
iden
tification for you at any of the
other 45 Benj
Franklin
branch offices around the
state. You can also redeem
Senes E Bonds at any time
without charge
When you find it more
convenient to save by mail,
Benj. Franklin provides you
with
postpaid
envelopes,
and, of course, mails you a
receipt of the transaction.
If you haven’t tried the
c o m p a n y 's
a u to m a tic
payment service, you may be
running when you could be
relaxing
The
automatic
savings
plan provides a carefree
convenient w ay to pay
yourself first.
E ve ry week or month a
certain amount can be drawn
autom atically
from your
checking account at your
c o m m e rc ia l
bank
and
deposited to a Benj. Franklin
savings accoint No trips to
the bank, no expense, not
even a trip to the new Benj.
Franklin Sandy branch is
necessary
A
telephone
tra n s fe r
deposit works for you in
reverse You can put those
idle funds in a checking
account earning interest that
is compounded constantly
Then, when you want to
increase the amount in your
checking
account,
a
telephone call to your Benj.
Franklin branch will trans
fer the desired amount to
your checking account.
In the m eantim e, your
hard-earned money is hard
at work earning interest for
you from the day of deposit to
the day of w ith d ra w a l.
Color T.V.
door prize
Don’t forget to fill out
an entry blank for Benj.
F ra n k lin 's
d oo rp rize
drawings for an RCA 13-
inch color television set
and two nights for two at
G earhart on the coast
Drawing w ill be held at
5 p.m ., F rid ay, April 4.
Branch Manager Sandy
Carlon says if you can’t
be there in person, don’t
worry She will contact
the winners by telephone
The television set is on
display near the entry box*
in the new Sandy branch
of The Benj Franklin.