Productivity Ratios Topic of Bank Women Association Conference

Article excerpt

Faltering productivity ratios in the United States and proposed measures for reversing those losses are the subject of a Friday morning address to the state conference of the National Assocation of Bank Women Inc. in Oklahoma City.

The discussion of the "Productivity Paradox" is one of several agenda items that both the association and the Oklahoma Bankers Association will attend while the groups have concurrent conferences at the Sheraton Century Center Thursday through Saturday.

E. Lee Beard, executive vice president and chief operating officer at Citizens Savings Bank in Silver Springs, Md., will present "Productivity: Turning the Myth into Reality," at 10:50 a.m. Friday.

During the past 50 years, the United States' literacy rate has fallen from 90 percent to 808 percent, while Japan's has risen to 95 percent, said June O'Steen, senior vice president of Southwestern Bank in Oklahoma City and the bank women association's national director of the south central region.

The falling literacy rate is partly to blame for this country's falling productivity, she said. By focussing on some of the probable causes of this productivity paradox, the group hopes some of these problems will be addressed, O'Steen said.

During the program, Beard will also discuss the demographics of the U.S. workforce during the next century, O'Steen said.

A panel discussion on the productivity paradox is scheduled for 3 p.m. Friday, with Beard moderating comments by Ellen Chitwood, vice president of Liberty National Bank & Turst Co. of Oklahoma City, Dr. Jeanine Rhea, a professor at Oklahoma State University and E. Wilson Roberts, chairman and chief executive officer of First National Bank of Ada. . .

- Ralph Sherrard was promoted to executive vice president of United Del City Bank. . .

- Dean Bridges was selected as an honors graduate of the Oklahoma Bankers Association's Installment Lending School, based on his work on case studies and tests and contributions to and participation in the class. Bridges is operations officer of the Classen Branch of Liberty National Bank & Trust Co. of Oklahoma City. . .

- Barry Burget was promoted to senior vice president of First Security Bank and Trust Co. of Oklahoma City. . .

- John J. Rumph was elected senior vice president of Heartland Federal Savings and Loan Association of Ponca City, a thrift reconstituted from the insolvent Frontier Federal Savings and Loan Association by the Federal Savings and Loan Insurance Corp. . .

- David A. Mueller has joined Mueller and Associates, 5653 N. Pennsylvania Ave., and has been appointed as special agent and registered representative with The Prudential Insurance Co.

He will be involved in the sale of life insurance, disability, annuities and securities. . .

- Tom Moran, a long-time insurance executive in Oklahoma City, has joined the Wichita firm of Manning & Smith in forming a new Oklahoma City insurance agency - Moran & Smith.

Moran & Smith began operating in January and has expanded and moved its offices to 123 Park Ave., Suite 110.

Moran is president of Moran & Smith in Oklahoma City and Craig Smith is president of Manning & Smith in Wichita. . .

- Fred J. Caudle was elected president of the Oklahoma State Association of Life Underwriters. . .

- Stephen R. Pattison has been elected president of Bank of Oklahoma NA, Midwest City. He was president and chief executive officer of Community Federal Savings and Loan in Tulsa.

In addition, at the Bank of Oklahoma in Midwest City, Robert B. Noller Jr. was elected vice president and commercial lending officer of the bank; David Gregg was elected vice president, consumer loans; Ernest A. Beaver was appointed vice president, marketing; Pat Piper was elected assistant vice president, operations; and Carol Sargent was appointed operations officer. …