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George Macdonald Wallace

George Macdonald Wallace, American banker. Member Advisory Finance committee Henry E. Huntington Library and Art Gallery.; Member Federal Advisory Council, Federal Reserve System, 1941-1945.; Member American Bankers Association (commerce and marine commission 1935-1939), Association Reserve City Bankers (commission on Federal fiscal policy, 1944-1945, commission on Federal relationships, 1946).

Background

  • Wallace, George Macdonald was born on April 15, 1885 in Oakland, California, United States. Son of Hugh and Janet (Sinclair) Wallace.

  • Education

    • Educational public schools.

    Career

    • Began as messenger, 1901, with Security Savings Bank of Los Angeles, title later changed to Security Trust & Savings Bank and now Security-First National Bank. Was made assistant cashier, 1914, cashier 1920, member board directors Vice-President, 1921, president 1934, Chairman of the Board since 1946. President and director Southern Realty Company, Los Angeles Trust & Safe Deposit Company, Pacific Southwest Realty Company.

      Director Union Oil Corporation, Founders Insurance Company. Advisory board American Mutual Fund, Inc. Member advising committee California Community Foundation, 1953.

      Trustee, Barlow Sanatorium.

    Politics

    Party affiliation: Republican

    Religion

    Denomination: Presbyterian

    Membership

    Member Advisory Finance committee Henry E. Huntington Library and Art Gallery. Member Federal Advisory Council, Federal Reserve System, 1941-1945. Member American Bankers Association (commerce and marine commission 1935-1939), Association Reserve City Bankers (commission on Federal fiscal policy, 1944-1945, commission on Federal relationships, 1946).

    Clubs: California, Automobile of Southern California (director), Los Angeles Athletic, Los Angeles Country.

    Connections

    • Married Juliette Boileau, July 29, 1915. Children: George Sartori, Margaret (Graham).
    • father: Hugh Wallace
    • mother: Janet (Sinclair) Wallace
    • spouse: Juliette Boileau
    • children: George Sartori Wallace
    • Margaret Wallace (Graham)
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    Died March 17, 1957
    (aged 71)
    Nationality