RAYMOND - Raymond Federal Bank held its 78th Annual Meeting on Wednesday, Oct. 27.

The meeting was chaired by the bank's chairman, Adrian A. Otten. He opened the meeting by recognizing guests and attending members. There was one three-year term for directors seats. Elected to the board for one three-year term was John P. Marvin.

Marvin presented the president's report. He said the bank has experienced another successful year. The bank continues to operate from a strong financial position.

The members of the board of directors are E.F. Dracobly, Guy Glenn, Sr., John P. Marvin, Adrian A. Otten, and Mary Wildhaber. Officers elected were Adrian A. Otten, chairman: John P. Marvin, president and CEO; E.F. Dracobly, vice chairman; Mary Bogar, vice president and senior loan officer; Karen Clements, vice president and secretary-treasurer; Rebecca S. Marvin, Raymond branch manager, Jena K. Ross, Long Beach branch manager; Sonja Gibbs, South Bend branch manager; Linda S. Jerles, loan officer; Guy Glenn, Jr., loan officer.

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