Frank L. Spangler

Frank L. Spangler

Investments

Frank L. Spangler

1993 - First Bank of Newton
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Frank L. Spangler Investments

EMPLOYMENT OPPORTUNITIES

Frank Spangler, chairman, retired president of First Bank of Newton

"This was really the best recourse for Ms. Spangler," said Frank Spangler (a distant relative), NCHF's chairman of the board.
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"This is a great way to reduce your exposure to a portion of taxes, and still leave a benefit to charity when you pass on," Spangler added.

In addition, Freda's gift annuity arrangement with NCHF allowed her to designate several local charities as the recipients of the remainder value of the annuity at her death.

So she has locked in for life a generous 11.4 percent annual income as well as assured herself that her favorite charities will benefit substantially from her life-income gift.

NCHF uses gift annuity rates set by the American Council on Gift Annuities.

Board officers include: Frank Spangler, chairman, retired president of First Bank of Newton; Mike Petitjean, vice chairman, financial advisor for American Express Financial Advisors in Newton; Nancy Craig, secretary, field director for the American Medical Association Alliance; John Suderman, treasurer, president of Midland National Bank in Newton; Dale Griswold, M.D., assistant treasurer, retired internist; and Tom Adrian, assistant secretary, attorney with Adrian and Pankratz in Newton.