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Port Austin Bank |
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Chartered |
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"1884" | |
The original Port Austin Bank building was built and chartered in 1884 by Horace J. Snover and Richard Winsor. The building still stands, it is a two-story red brick building located at 8646 Lake Street (the southeast corner of State and Lake Street). In 1918 the bank joined other area lending institutions in Ubly and Bad Axe and became part of a family of banks known as the Sleeper Banks. |
| In 1933 the bank was reorganized by a group of local men that included Robert Thuemmel, Harold F. Finan, Arnold J. Schumacher, A.C. McGraw and Fred W. Kinde who were all appointed directors. A.C. McGraw and Fred Kinde were later replaced by Mike B. Burns and Ted Schubel. Harold Finan served as the bank president until he passed away in 1974. At that time, Willet H. "Pete" Schmidt was named his successor. Pete retired in '2000 and his son Steve was named president at that time. |
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The Original Bank Interior |
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President |
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Harold F. Finan |
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Circa 1920 | |
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Port Austin Bank |
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Before Remodeling |
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Circa 1950 | |
In 1957, the bank was moved into a new building at 62 E. State Street that was built exclusively to meet their plans. The new building was located just one block away from the main intersection. The one-story brick building was state-of-the-art with two administrative offices and a meeting room for the board of directors. |
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Present day officers are Steve Schmidt, President and CEO, Jeffery Kidd, Vice President, Joan Yaroch, Asst. Vice President, Caroline Souva, Head Teller. Directors include Pete Schmidt, Steve Schmidt, John Schwedler, Lawrence Murawski, Michael Mayes, and Thomas Schmidt. |
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The Bank Restaurant |
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The Original Bank Building |
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Today - A Popular Restaurant |
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Port Austin State Bank |
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Today's Modern Facility |
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The bank underwent a total interior and exterior renovation in 1997 that incorporated a twenty-six foot extension at the rear of the existing building. The reworked building boasts a remodeled lobby with four new teller stations, a new front office, conference room, employee lounge and heating/cooling system. Exterior improvements also included, a drive-up ATM machine, and a three-lane exterior drive-up. |
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