In honor of his 50 years in the banking industry, the Alabama Banking Association welcomed Peoples Independent Bank President Royce Ogle into its Half Century Club on Friday.
To open the celebration, Peoples Independent Bank Vice President Jack Hancock said Ogle’s achievement was something everyone should aspire to.
“Since he’s a numbers guy, I’m going to quote out a few numbers,” Hancock said. “Fifty years is 18,262 days, which equals 26,297,280 minutes, to give it some perspective.”
Next, Alabama Banking Association Sales and Associate Member Coordinator Beth Oliver presented Ogle with a plaque to commemorate his 50 years of “outstanding” service in the Alabama Banking Industry.
According to Oliver, Ogle’s career in banking began in 1969 at the First National Bank of Anniston where he started out as an extra in the bookkeeping department. Then in 1971, she said he was promoted to a position in collections. Collections was what Ogle said had helped him get over his “shyness,” which made everyone in attendance laugh. Later in 1971, Ogle was asked to write down his goals by a mentor, and Oliver said he wrote the goals on the back of his business card. Still to this day, Ogle keeps that card in his wallet. From 1973 to 1976, he worked as a collector and loan officer at the First State Bank of Lineville. He worked at Southern Bank of Lauderdale County from 1976-1979. During those years, he helped open Farmers Bank of Anderson within a 90-day time period. In 1979, he went to Jackson County Bank in Scottsboro as the vice president of operations, but in 1983, he became the bank’s president. She said in 1986, the Jackson County Bank in Scottsboro was bought out by Colonial Bank, and he continued to work there until 1989.
“Royce was contacted by someone he did not know through recommendations of three different bankers about a president’s position at a bank in Boaz,” she said. “And he was asked, ‘Do you need a job?’ His response was, ‘Well I have a job, but I’m looking for a future.’ It was that phone call that landed him the president’s position here at Peoples Independent Bank where he has been now short of 30 years.”
Oliver said she felt honored to be the person present Ogle with the plaque inducting him into the Alabama Banking Association’s Half Century Club.
“We just want to thank you for your service to the banking industry, for your friendship to the association and all that you’ve done” she said to Ogle.
Boaz Mayor David Dyar presented Ogle with a proclamation recognizing him for “the impact on the communities where he’s worked and grown over the years.”
“Royce, thank you — as an individual, not as a bank president, but as an individual,” Dyar said. “This man probably has done as much or more than anyone in our community that’s held political title. I had a conversation with Royce shortly after being elected. And I said, ‘Royce will you help me move this city forward?’ He said, ‘David, I’ll do all that I can.’ And he has and more. Thank you on behalf of the City of Boaz.”
“Blessed beyond measure,” is how Ogle described his life. He said he was “very grateful,” and he thanked his wife, Kathey, and his family for standing beside him.
“This has been a blessing to come to Boaz,” Ogle said. “When I first moved over here, I knew it was special. I knew that this was my future. We’ve been very blessed and very successful over the last 30 years … We just did what we should be doing. We take care of business and take care of customers.”
“We want to be a blessing to our communities,” he continued. “We want to be a financial and an economic engine for these communities. That’s our goal. We’re not high flying. We’re not very flashy. We just try to be consistent. We try to make a little bit of money a lot of times. My job at the bank’s changed … I try to operate with eyes on and hands off. I try to make sure that I don’t forget that my job is to create wealth for our shareholders. I appreciate the shareholders’ support and directors. I could not ask for a better group of men to work with. They’ve stood by us even during hard times … We do appreciate the support of our customers and the foundation base they’ve given us to operate with.”
Since moving to Boaz — a place he refers to as “the promise land” — Ogle has remained an active member of the community. He has served with the Boaz Chamber of Commerce, Boaz Rotary Club, Marshall County Industrial Development Board, Boaz Industrial Development Board and numerous banking boards and committees across Alabama.
Ogle has been honored several times, and he’s brought honors to Peoples Independent Bank. During its 69th annual banquet, the Boaz Area Chamber of Commerce recognized Ogle as the 2017 Boaz Citizen of the Year. Grateful to accept the honor, he said he appreciated it but believed others deserved it more. With Ogle at the helm, Peoples Independent Bank won the first-ever Boaz Area Chamber of Commerce Business of the Year award in 2010.
Last year, Ogle led Peoples Independent Bank to donate more than $19,000 to local charities and non-profit organizations across six counties. In order to positively impact the community, he said he encourages everyone to get involved, volunteer and donate.