[The Brazil Times nameplate] Light Rain Fog/Mist ~ 55°F  
High: 64°F ~ Low: 48°F
Saturday, Apr. 30, 2016

Bank celebrates 125 years

Thursday, June 17, 2010

Riddell National Bank President and CEO Mike Lawson (right) chats with customers John and Rose Pell during the bank's 125th anniversary Thursday. [Order this photo]
*Riddell Bank turns 125 Monday

Although the actual anniversary is Monday, Riddell National Bank opened its doors after business hours for its 125th anniversary Thursday.

Bank President and CEO Mike Lawson said 125 years of business speaks volumes.

"I think it speaks highly of our commitment to the community and the community's commitment to us," Lawson told The Brazil Times.

The celebration included plenty of appetizers and memorabilia from the bank's past.

Lawson began his career at the bank on May 20, 1974. He said he started out as a teller, or what is now referred to as a customer representative.

From there, Lawson found himself in a position where he was filing checks at the request of then bank president Frederick "Ted" Nesty.

At the time, Lawson said he didn't like the position, but Nesty wanted him there.

"He said, 'I want you to know every customer,'" Lawson said.

Eventually, Lawson worked his way up to his current position. He is the bank's fifth president.

The bank opened its doors in Clay County in 1885 under the leadership of George Riddell, who was president until 1921, when John Riddell took over.

John Riddell was bank president until 1968 before Nesty took the position. He was bank president until 1980, when William Kidwell became president.

The bank's original location was across the street on National Avenue before moving to 1 E. National Avenue. Riddell National Bank also has locations at 2211 E. National Ave., Brazil, along with Center Point and a new location on State Road 46 in Vigo County.

Lawson -- who has worked in every department at the bank -- became president in 1999.

"There's always a place for a community bank," Lawson said. "The level of service we can provide our customers far exceeds a bank three states away. We still shake hands."

Like Lawson, John Burk has been with the bank for several years.

Burk -- now in his 44th year at Riddell -- also started as a bank teller. He now serves as Vice President and Head of Collections.

Riddell National Bank Vice President and Head of Collections John Burk has been with the bank for 44 years. He began his career at the bank as a customer representative. [Order this photo]
"It's kind of unusual for a bank to stay as the same bank these days," Burk said. "It's always been family oriented."

Note: The nature of the Internet makes it impractical for our staff to review every comment. If you feel that a comment is offensive, please Login or Create an account first, and then you will be able to flag a comment as objectionable. Please also note that those who post comments on thebraziltimes.com may do so using a screen name, which may or may not reflect a website user's actual name. Readers should be careful not to assign comments to real people who may have names similar to screen names. Refrain from obscenity in your comments, and to keep discussions civil, don't say anything in a way your grandmother would be ashamed to read.

Congratulations Riddell National Bank. Keep up the great work and stay just as you are...for the community!

-- Posted by Proud of My Country on Fri, Jun 18, 2010, at 12:20 PM

Respond to this story

Posting a comment requires free registration: