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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Dec. 27, 1960)
ADVERTISEMENT Contractor accepting savings we too re serve the right to request reasonable notice of with drawal. Safe Manaqement There's no better safety for funds . . . anywhere! There's the financial structure of our association with ample liquid assets, Surpluses and Reserves resulting from the sound financial policies of our con servative management. Your money is invested chiefly in monthly - payable mortgages on owner-occupied homes ... one of the safest investments known. (It has been shown that even in periods of deep est depression, owner - occu pants go to great extremes to avoid default on their homes). An important employee not shown in pictures is Peter Roberts, who . is building maintenance man. LOAN DEPARTMENT - A i,ui mv ;f LORAN J. RICHIE In November of 1959, Loren S. Ritchie, general contractor, was awarded the construction bid to construct the Associa tion's new building at 2 East Main Street in Medford. Con struction was started in De cember, 1959, and was com pleted Dec. 1, 1960. Mr. Rit chie has been in the construc tion business for the past 15 years, during which time he has been associated with Bes sonette & Graff prior to going in business for himself. He has many projects to his credit such as Medford Mo tors, the Hoover School in Medford, the Bellevue school in Ashland and the Walker school in Ashland. Mr. Ritchie lives at 2925 Ross Lane in Medford with his wife Geraldine and their three children. Interior Planning If George M. Schwarx, Jr. Interior Planning was done by George M. Schwarz, Jr. Associates of Portland in col laboration with the architects. Mr. Schwarz, Jr. is a 1953 graduate of the Univ. of Ore gon where he received his de gree in Interior Architecture from the School of Arch, and Allied Arts. He worked for architects in Eugene, San Francisco and Portland before starting his own firm in Port land in 1956. Mr. Schwarz, past facotly member of Port land State College where he taught design and graphics for three years, is now on the faculty of the General Exten sion Division in Portland. He currently practices through his own design consulting firm where he specializes in inter ior planning and industrial de sign. His projects have includ ed commercial, professional and resident installations, col or and space planning, custom furniture design and exhibi tions. ' Recent projects on which he has been affiliated include the University of Portland li brary building. Central Wash ington College of Education library building. University Club, Portland, and the new Student Union building at the University of Idaho. Withd ra w-abi I ity You can withdraw your savings from our Association just as easily and quickly as you can from any other sav ings institution. The combina tion of our holdings of cash and Government Bonds, steady flow of new savings, monthly repayments on our loans, and line of credit at the Federal Home Loan Bank en ables us to meet our savers varying needs for funds. Like' all other financial institutions ' (Continued from Page 3) The primary function of the coin counter is to sort "change at greater speed with abso lute accuracy. Will sort coins from pennies "to half dollars inclusive into separate draw ers and record on dial in terms of dollars and cents. Two units make up the change maker machine . . . coin dispenser and keyboard ... but one operation in the transaction involving change return . . . speeding up cus tomer service. Our Check Signer and Pro lector is electrically operated, imprinting the amount of dol lars and cents of the check to avoid the changing of the amount for the safety of the Association. The machine also automatically signs a check thus eliminating the persons authorized to sign having to hand sign the checks. A Cancelling Machine is used to permanently mark documents paid or cancelled through the use of perfora tion, showing the date and whether paid or cancelled, prohibiting the use of such documents from that date. - Dictaphones are essentially phonographs, used for dictat ing letters, memorandums and. other correspondence eliminating . the interruption of employees work, and bet ter distributing the work of transcribing. Also, one of the dictaphones is connected with a telephone for the recording of credit re ports called into the associa tion by local or outside credit bureaus, or other information that is phoned in and deter mined necessary to be re corded. Since much of Jackson County Federal business is done by mail . . . the incom ing and outgoing mail is a very important part of the Association's operation. The Piiney-Bowes Mailing Machine is the world's fastest most complete and versatile postage meter machine. It's electrically driven, automatic feeding, stamps, postmarks seals and counts approximate ly 11.000 envelopes per hour, recording the amount of post age used. Also, at the same time prints the Association's own post-mark advertising if desired. The machine handles various sizes of envelopes and by turning a knob converts into printing postage on tape for packages. It greatly aids in the han dling of he mail at the local post office' thus speeding up the return mail to customers. i Left to right: Bertha Boone, Jeanetl Thompson, Jo Butler and Rollie Watson, loan manager. ' SAVINGS DEPARTMENT AND RECEPTIONIST Left to riqht: Irene Childs. assistant secretary. Held Turman. Larerne McElrath, and Phyllis Wald. receptionist. , TELLER DEPARTMENT Left to right: Judi Sercik, Delores Vaschs. Lois Gage and Linda Brood. ACCOUNTING DEPARTMENT TUBE AND CASH ROOM II I . -car .. . - j - v .Ja t t " , Left to right: Jim Fredericks, assistant treasurer and Marjorie Rock, bookkeeper. Left to right: Myra Howard and Kalhryn South.
