Frank C. Raub. It is a
hopeful tendency of sound finance when a bank emphasizes the
principle of strength rather than size. Such is the motto of the
Bartlesville State Bank, which is operating under the Oklahoma State
Guaranty Law for Deposits, and which shows gratifying statements of
resources and has a splendid personnel of officers and directors. The
total resources of the bank in April, 1916, were, over $550,000. The
capital stock is $40,000, surplus and undivided profits over $4,000,
and the deposits at that time aggregated over $500,000. Its cash
resources were over $175,000. The bank has one of the most
conspicuous building corners in Bartlesville. The president of this
institution is Frank C. Raub, a young banker who has had a
progressive career and rise from minor responsibilities in a banking
house to a controlling influence in several institutions. The vice
presidents are O. B. Cole, R. S. Bradley and Dr. O. S. Somerville. G.
R. McKinley is cashier.
Frank C. Raub was
born in St. Louis, Missouri, April 7, 1883, son of Frank C. and Emma
J. (Quick) Raub. His parents were natives of Pennsylvania and were
married at Milford in that state, and in 1882 studied in St. Louis.
The father died in that city in May, 1883,
when about twenty-five years of age, and
his widow is now living at Coffeyville, Kansas, the wife of Judge
George R. Snelling. Frank C. Raub was only a few weeks old when
his father died, and his mother soon afterwards removed to Caldwell,
Kansas, in which town he was reared and also in Anthony, Kansas. His
first educational advantages came from the common schools, and he
attended the Topeka High School. He also lived for two years as a boy
in New York City with his grandparents.
His first practical
experience came when about seventeen years of age, in 1900, when he
was made assistant postmaster at Caldwell, Kansas. He worked in that
position a year and a half, and then entered the employ of the First
National Bank at Coffeyville, with which he remained two years. His
career as a banker has been confined to the two states of Oklahoma
and Kansas. From Coffeyville he went to Nowata as assistant cashier
of the Nowata National, with which he remained about three years. In
the spring of 1908 he organized the Farmers and Merchants State Bank
of Dexter, Kansas, and became its cashier. In the spring of 1909,
with Harry F. Sinclair and James D. Canary, he organized the First
State Bank of Caney, Kansas, and was its cashier from April 5, 1909,
until 1910. He then became connected as one of the owners with the
Bank of Copan, Oklahoma. In the spring of 1911 he bought the
Bartlesville State Bank, and since that date has been in active
charge. In 1906 he assisted in organizing the bank at Tulsa Springs,
Arkansas, and now has stock in several banks in Oklahoma. For a short
time he was traveling representative for the Gate City National Bank
of Kansas City. Mr. Raub is interested in the oil business with
several of the well known oil operators in Oklahoma.
Fraternally he is
affiliated with the Benevolent and Protective Order of Elks, of which
he is Past Exalted Ruler, the Woodmen of the World, the Fraternal Aid
Society, and is a past president of the Fraternal Order of Eagles. On
September 11, 1906, he married Miss Nell M. Hathaway of Coffeyville,
Kansas. They have one daughter, Annie Frances. Mr. Raub recalls the
excitement attendant upon the opening of the Cherokee Strip in 1893.
He was a boy of ten years then and living at Caldwell, Kansas, which
was one of the principal rendezvous points where the crowd gathered
anticipatory to the opening.