March 22, 1950. Why is that day so important?
Well, just a few days earlier, the Periodic Table’s 98th element was founded at University of California at Berkley (they named it Californium); the first Volkswagen Type 2 rolled off the assembly line (we know it better as the Volkswagen Bus); and the Diner’s Club Card was used for the first time (known in the credit card industry as the “first supper”).
But on that day, a young woman named Kitty Gerling first started at a community bank in Baltimore that had been around since 1884.
62 years later:
- There are now 118 elements on the Periodic Table.
- The Volkswagen Bus is considered a cult classic (to the point that if you see one – whether it is in a driveway or on a highway – you point it out to whomever you are with).
- Diner’s Club International is now in 200 countries and 70 different currencies.
Miss Kitty’s anniversary brings up a larger point about the efforts of community banks. A bank like Midstate, which has been dedicated to linking itself to the Baltimore community since it first opened, doesn’t just talk about being part of the community. It is an institution that understands that being part of the community mandates certain responsibilities, such as continuity. Larger banks may do it through a mascot or spokesperson. Midstate chooses to do it via someone that has worked at every level of the bank and has first-hand stories to share of its history.
62 years. Things in the world have changed quite a bit, but at Midstate Federal, while the bank has evolved, there continues to be a level of consistency that very few organizations (much less banks) can offer its customers. We are proud that Miss Kitty continues to be part of our institution because she, in fact, is an institution herself.
Customers of the Midstate Federal Savings and Loan Association all know about our famous bulletin board, where local and industry news is shared. This blog will serve as our virtual bulletin board, so you can keep up when you don’t have a chance to visit us at the bank.