advancement than they will ever receive for themselves in a 
material way. 
THE ASSOCIATED BANKS 
During the past ten years an important factor in the 
Pittsburgh financial situation has been developed through the 
group known as The Associated Banks. To July, 1930, the 
following units comprise this group: 
First National Bank at Pittsburgh 
Peoples-Pittsburgh Trust Company 
Peoples-Pittsburgh Trust Company- 
First National Bank of Wilkinsburg 
Oakland Savings & Trust Company 
Peoples Trust Company of Pittsburgh 
Metropolitan Savings Bank & Trust Company 
Dormont Savings & Trust Company 
Terminal Trust Company 
Peoples-Pittsburgh Trust Company—Squirrel Hill Branch 
The combined resources of the group, at the time of this 
writing, are more than $220,000,000. 
The First National Bank at Pittsburgh and the Peoples- 
Pittsburgh Trust Company are the parent institutions. 
The development is in keeping with the trend of consoli- 
dation in the interests of greater service and economy. 
The Associated Banks, with the exception of the branches, 
operate as independent units, their affairs being directed by 
local boards, conversant with the necessities of their localities. 
Tt has been the policy of the Associated Banks to employ 
resources, whenever possible, for the economic development 
of local business interests and the welfare of the local citizenry. 
That this policy is well understood and appreciated is 
evidenced by the consistent record of growth and earnings. 
The expansion of the consolidated group has been marked 
with conservatism, and it will be observed that the location 
of the various units are in strategic position to serve the 
various important sections of the Pittsburgh District. 
To Mr. J. H. Hillman, Jr., must go the credit for the vision 
and sagacity responsible for the conception and development 
+f the Associated Bank Group.