Durand State Bank

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Durand State Bank opened for business in their new building at 1005 Cameron Drive (in the Otter Creek subdivision) on February 2, 1998. Forty-one years of loyalty by the community make this progressive step possible. A "Bank Souvenir Edition" of the Durand Gazette dated January 31, 1957 carried the headline "Bank to Open Friday, Feb. 1." It is stated in the publication that Bill (Wm. W. Smith, Cashier and Chief Executive Officer) gave this statement to the Gazette: "It is very gratifying to experience the great degree of enthusiasm and cooperation that has been exhibited in the community. The directors have spent unlimited time, effort and sometimes their own money to organize and make the dream of a bank in Durand a reality. All who have worked on the building have shown a great interest in doing a fine job and getting it done in record time." Durand State Bank was a project of the Durand Businessmen's Association during their plans to celebrate the Village's Centennial during 1956. An application for permission to organize a bank was submitted to The Auditor of Public Accounts, State of Illinois on March 15, 1956 and was signed by the following:

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