The recipient of the fourth annual Elma J. Smith Award is Fulton Savings Bank.
The award is given annually by the officers and directors of the Friends of History In Fulton, N.Y., Inc.
The award will be presented at its annual Celebrations Program and Awards Event scheduled for 5:30 p.m. Nov. 1 at the Fulton Polish Home.
Fulton Savings Bank opened its first office in a rented office on the Northeast corner of Second and Oneida Street Sept. 25, 1871, and was organized by a group of civic leaders “to receive deposits from tradesman, clerks, mechanics, laborers, minors, servants and others.”
A special act of the state Legislature allowed the group to incorporate the new mutual financial institution and by the end of the year the bank’s deposits were $27,939.00. From this modest beginning, Fulton Savings Bank has today become the tenth largest savings bank in the State of New York, with its main office in Fulton, N.Y., and six branch offices in the area.
The Elma J. Smith award is presented to the individual or business whose life and work demonstrate a commitment to the mission and objectives of the Friends of History In Fulton, N. Y., Inc. Fulton Savings Bank has long history of philanthropic contributions to civic and not for profit organizations and groups and to historic preservation.
The mural of the Oswego Canal and Hunter Arms Factory in downtown Fulton was a gift to the City and its residents by Fulton Savings Bank. Fulton Savings Bank officers, trustees and employees have given of their time and talents by serving on the boards of many not for profit corporations and membership in many service organizations.
The Friends of History will celebrate its 34th anniversary and the successful operation of its John Wells Pratt house local history museum at this evening of Celebration. The Fulton Community Band will entertain and there will be a cocktail hour at 5:30 P. M. followed by a buffet dinner catered by G B Catering at 6:30.
The public is urged to attend this gala event and tickets can be purchased at the John Wells Pratt History Museum, 177 S. First St., Fulton, N.Y., or by contacting the Friends of History at 598-4616 or by sending an email to email@example.com.