Henry Croak, chairman and chief executive officer of The First
National Bank of Midwest City, was recognized Tuesday for
leadership to his community by the Midwest City 50th Anniversary
Croak has been a banker in Midwest City for 38 years and has
been active in other community functions as well, according to
his son Robert H. Croak, who is president of the First Midwest
The elder Croak worked on the water conservation district and
was involved in feasibility studies for Lake Thunderbird, which
supplies water for Midwest City, Del City and Norman. He also was
on the foundations that created Rose State College and Midwest
City Regional Hospital.
The committee presented Croak with a Midwest City 50th
Anniversary goldated silver medallion. About a dozen of the
medallions were set aside by the committee to honor local
individuals for their contributions to the community. Croak
received the medallion during a board meeting at the bank.
Croak, 82, began his banking career in 1927 with Liberty Bank
and Trust Co. of Oklahoma City NA. Next week marks the beginning
of his 65th year in banking.
The Croak family purchased what was then the American State
Bank in Midwest City in 1954. At that time it had about $4
million in assets. It now has assets of about $170 million and
has 150 employees. . .
Bert H. Ward, professor of accounting at the University of
Oklahoma, has been named the first KPMG Peat Marwick Centennial
Professor of Accounting at OU.
Ward has been an OU faculty member since 1974 and was director
of the OU School of Accounting from 1987 to 1991.
The professorship was funded by gifts from partners and staff
of KPMG Peat Marwick and the KPMG Peat Marwick Foundation. State
matching funds were provided by the Oklahoma State Regents'
Ward earned undergraduate and graduate degrees in accounting
from OU and a doctoral degree in accounting and information
systems from Northwestern University.
He has published his research results in major accounting
journals, and he coote the text "Auditing: Theory and Practice."
He served as a research associate with the national office of one
of the world's largest accounting firms.
Ward also has been involved in the development of auditing
standards. He is past chairman of the audit section of the
American Accounting Association and has served on the editorial
board of "Auditing: A Journal of Practice and Theory."
He was vice chairman of OU's presidential search committee in
"Professor Ward is a wellspected scholar and leader in the
field of accounting," said OU President Richard L. Van Horn. "His
expertise and leadership continue to enhance OU's national
prominence as a center for research and teaching in accounting
Peat Marwick, the world's largest accounting firm, has been
one of the largest employers of OU accounting graduates for the
last 40 years. Many of them now serve in leadership positions in
the state and nation. . .
Remi Bilbault, associate director of the Invest in France Agency,
will discuss doing business in France at a Thursday luncheon
meeting sponsored by Lawton International. The meeting will be
held at Alberta's Tea Room, 2862 NW 63rd St. in the French Market
Bilbault's organization provides American companies with
information on the French business climate, site selection
studies, access to financial and other tax incentives and
matchmaking between French and American businesses. He will
discuss competitive advantages and information on incentives
offered to foreign companies investing in France. . .
Andrew J. Beal, assistant general counsel for the Oklahoma State
Insurance Department, will address the Life Insurance Company
Office Management Association Sept. 22. His topic is "Legal
Issues Facing Today's Agencies. …