Today marks the start of a new era in banking in Wabash County as one longtime financial institution has merged with another. On Friday, the First National Bank of Allendale and Wabash Savings Bank completed their purchase and assumption transaction. Friday also marked the retirement of two long time local bankers as Wabash Savings President William Hackler the third and CFO James Price ended long careers in banking. Price had 65 years with Hackler logging 34. Price’s son Don Price is now president of First National Bank and he said Friday was a big day…
Wabash Savings was chartered in 1890 while the First National Bank began business in 1906. Price explained what Wabash Savings customers need to know starting today…
In addition to Hackler and Jim Price, Wabash Savings employees Reena Howell and Donna Goings also retired on Friday. First National Bank of Allendale currently has $365 million in assets.
FNB President Don Price (L) with his father James Price who served as Wabash Savings Bank CFO, and William Hackler III who served as WSB President.
(L-R) WSB Board member Verlin Snow, FNB Board Chairman Robert Coleman, WSB President William Hackler III, WSB CFO James Price, FNB President Don Price, FNB Board Member Shane Gray.
Two generations of local bankers. WSB President William Hackler III with his daughter and FNB employee Kim (Hackler) Reilly and FNB President Don Price with his father James Price (WSB CFO).
Three generations of local bankers. WSB Board member Verlin Snow with his daughter & FNB employee Liz (Snow) Fiero, WSB President William Hackler III with his daughter and FNB employee Kim (Hackler) Reilly and FNB President Don Price with his father James Price (WSB CFO).