The First National Bank of Fredericktown

The First National Bank of Fredericktown. One of the dependable financial institutions of Knox County, widely known throughout North Central Ohio for its sound methods, is the First National Bank of Fredericktown. It was organized Nov. 22, 1900, with the following officers: J. N. Braddock, president; R. G. McClelland, vice president; J. H. Dickey, cashier. Directors: J. N. Braddock, R. G. McClelland, J. H. Dickey, William Irvine, William Wyker, A. J. Solomon, and C. D. Swetland.

The bank was founded with a capital stock of $25,000 and has always been in its present location, Main and College streets, although the building has been recently remodeled and improved. It has a present capital stock of $25,000 with a surplus and undivided profits of $12,000.

The officers for 1930 are as follows: W. H. Eastman, president; C. R. Levering, vice president; I. C. Willits, cashier. Directors: W. J. Eastman, C. R. Levering, F. G. Briggle, L. T. Swank, E. C. Herring, J. T. Brown, and W. E. Edwards.

I. C. Willits who was elected cashier of the First National Bank of Fredericktown on Nov 1, 1929, is well and favorably known throughout Knox County. He was born here, Sept. 28, 1893, the son of W. W. and F. N. (Algire) Willits. Both W. W. Willits and his wife are natives of Ohio, born in Knox and Richiand counties, respectively. Mr. W. W. Willits now lives retired.

I. C. Willits grew up at Fredericktown, and is a graduate of Fredericktown High School, class of 1911. He attended Ohio State Business College, and taught school for one year in Knox County. Since 1924 he has been identified with the First National Bank and as mentioned above was elected cashier on Nov. 1, 1929.

Mr. Willits was married in 1915 to Miss Anna J. Gleason, the daughter of King and Lillie Gleason. He is a farmer of Knox County. Mr. and Mrs. Willits have two daughters, Eleanor and Doris.

History of North Central Ohio
Embracing Richland, Ashland, Wayne,
Medina, Lorin, Huron and Knox Counties
BY: William A. Duff
Historical Publishing Company
Topeka-Indianapolis 1931

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