1893 - Alva Building & Loan Assoc.
On the first week or so of January, 1893 the Alva Building and Loan Association met in the Alva State Bank on Wednesday evening, January 10th, 1893, and the following officers were elected: W. W. Murphy, president; W. S. Fallis, treasurer; H. A. Noah, secretary; P. R. Smith, attorney. The captial t=stock will be $125,000 -- 1250 shares of $100 each. A charter will be applied for immediately. We are glad to note the formation of such an association, and the originators of this enterprise are experienced and substantial business men."
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