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Sunday, February 20, 2022

Ernest McLean to Take J.F. Stevens Position as Cashier of Greensboro Morris Plan Bank, Feb. 20, 1922

Guilford Man Is Back as Bank Cashier Here

Ernest C. McLean of New York will arrive in Greensboro about March 1 to become cashier of the Greensboro Morris Plan bank. He is now manager of one of the P. Lorillard tobacco plants in New York city.

Mr. McLean is a Guilford man, the son of Walter McLean of the Whitsett section. He has been away from the county for the past 10 years, having had considerable experience in the banking business, as well as in business. His wife is also a native of Guilford county, the daughter of Mr. and Mrs. W.L. Wharton.

He succeeds J.F. Stevens as cashier of the Morris Plan bank. Mr. Stevens remains secretary and treasurer of the Gate City Building and Loan association.

From The Greensboro Patriot, Monday, February 20, 1922. Morris Plan Banks, named for Arthur Morris who opened the first such bank in 1910, focused more on a loan applicant’s character and chances for success rather than his or her wealth. These banks were set up to help the needs of the poor and working-class customers, who couldn't get loans at regular banks.

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