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Additional information |
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Bethel Building and Loan Company |
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History:
In 1889, The Bethel Building & Loan Company, of Bethel, Ohio, was formed to support the people of the community by raising money to be loaned among its members and depositors for the use of repairing or purchasing houses and buying lots of land.
Seven members, Jos. Clare, President, Jas. A Larsh, Vice President, D.E South, Treasurer, E.J. Fagley, Secretary, A.O. McKibben, J.M. Crane, and W.H. Willis, were sworn in on March 21, 1889, to serve as the first Board of Directors.
The Bethel Building & Loan started in a one room office rented from J.F. Isreal for $0.50 per month with total assets of $49.75. In 1908 the Building & Loan moved into an office in the First National Bank of Bethel building on the corner of Plane & Union Streets in Bethel, and in 1974 the Company moved to its present location at 503 W Plane St.
Though the Board of Directors and officers have changed, the commitment of the Bethel Building & Loan to friendly, knowledgeable customer service has remained the same for more than 120 years. We are focused on providing affordable home financing and safe investment options for our community. Having survived depressions, recessions, world wars, and natural disasters, we remain a financial institution that believes in conservative business practices and supporting the community that has supported us.
Our involvement in community activities include support of various student athletic programs, financial education in the schools, high school coaching, civic organizations, Bethel Historical Society, Bethel Lions Organization, community concert events, community improvement projects, organizing Bethel Down Home Christmas, and supporting the Clermont County Fair. We brought the first Bethel 10K Run/5K Walk to town in 2009 which has become an annual event. We continue with our support by organizing the Bethel Art & Music Fest and Clean-up Paint-up Fix-up for 2010. See our Community Page for additional details.
We also understand that banking today is not what it was in 1889. We have recently expanded our products and services to meet the needs of the community.
Our current staff and management look forward to continuing our hometown banking tradition. |
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