| Description: | W. E. Kilman to be Chairman |
| Text of article: | W.E. Kilman
To Be Chairman
Three bank promotions were voted and announced by the Board of Directors of City Savings Bank of DeRidder after their meeting recently.
Honored by the unanimous vote of the Directors was Merle Harper who was cited for "unprecedented leadership, stalwart loyalty and unflagging optimism that has spurred the bank forward" as he was named Chairman of the Board Emeritus for Life.
Mr. Harper has served as Chairman of the Board for the past eight years that have seen the bank triple in assets and service to the community.
Mr. Harper, who also serves as President of the Beauregard School Board, expressed his appreciation for the honor.
Also voted a promotion at the Board meeting was W.E. "Billy" Kilman, who was named Chairman of the Board in an elevation from the office of President. Mr. Kilman has served as President of City Savings Bank and Trust Company since Jan. 1, 1971.
The Board stated that "Billy Kilman has led this bank through its greatest era of growth since its founding, having taken over when the bank had assets of 16 million dollars and he brought it up to the largest bank in Beauregard Parish with assets of over 47 million dollars."
Named President of the bank by Directors was Ed Michael Reggie, who was the bank's Executive Vice President.
Simultaneously, he was also named to the bank's Board of Directors.
A native of Crowley, Mr. Reggie was educated at The Williston School in Easthampton, Mass., Tulane University and the University of New Orleans where he received his B.A.
degree in banking and finance and where he has completed substantial academic work toward a master's degree in that field.
He is presently enrolled in the Stonier Graduate School of Banking at Rutgers University and attended its summer session this year and will complete the course in Advanced Banking during the next two summer sessions. Prior to joining the City Savings Bank last January, he was Vice President at the National American Bank of New Orleans. |
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