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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.