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.
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. …