The following changes have been made on the board of directors of the State Bank of Chicago: John L. Lindgren, vice-president; Edward Carlson, cashier; H. G. Haugan, Oscar H. Haugan, John R. Lindgren (Swede), and William A. Petersen, directors.

Union Bank of Chicago

The following changes have been made on the board of directors of the Union Bank: Nils Arneson, vice-president; Gustaf Hallbom, cashier; Nils Arneson, John S. Rydall, John M. Erickson, G. Hallbom, Charles L. Johnson, Hans P. Johnson, and Tom Olson, directors.

Security Bank of Chicago

The following changes have been made on the board of directors of the Security Bank of Chicago: C. A. Erickson, president; J. C. Hansen, cashier; C. A. Erickson, J. C. Hansen, and Thorvald Johnson, directors.

We feel that the changes made are for the good of these institutions.