Richard Kiel, whose financial experience fits him highly to hold with capability the position of cashier of the State Bank of Kiel, was born February 10, 1876. He is a son of Henry and Flora (Clausen) Kiel, natives of Germany, who came to the United States in 1861. Growing up in Manitowoc,
Wisconsin, Richard Kiel gained his preliminary education in the public schools of that place, supplementing his learning with a course at business college. When only nineteen years old, he entered the National Bank of Manitowoc as bookkeeper, leaving after four years to enter upon a position in a similar capacity in a general store. A year later, The First National Bank of New London claimed his services and he remained with that institution for eighteen months. Leaving he entered the bank at Sturgeon Bay, and in June, 1900, came to Kiel as cashier of the State Bank of this town. He is also assistant treasurer of the city, and is vice president of the Koebring Machine Company of Milwaukee.
The State Bank of Kiel, one of the sound financial institutions of Manitowoc county, was organized September 1, 1898, with a capital stock of twenty-five thousand dollars, with Charles Heins as president; W.P. Wagner, of Green Bay, as vice president; and Charles A. Best as cashier. The
present officials are: H.S. Eldred, president; W.P. Wagner, vice president;and Richard Kiel, cashier. The statement issued January 22, 1909 showed a capital stock of fifty thousand dollars; a surplus of twenty-five thousand,
with deposits of three hundred and eighty-one thousand dollars, and loans of three hundred and seventy thousand dollars. The bank is substantially housed in a two-story, granite front building, thirty-five feet by fifty feet, built in 1898, and modern in every respect. The bank is on the lower floor, and offices are upstairs. The affairs of the bank are in the hands of Mr. Kiel, whose conservative principles and sound policies are well known throughout the territory in which this institution transacts business.
In June, 1908, Richard Kiel was married to Miss Mabel Surplice, of Green Bay, Wisconsin, a daughter of Charles and Mary Surplice, the former of whom is a wholesale merchant. Fraternally, Mr. Kiel is an Odd Fellow and has served that order as noble grand; and he is also a Mason, belonging to
Chilton blue lodge Calumet and the Sheboygan chapter.
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