Frank Smeal

Education

Mr. Smeal was a 1942 Phi Beta Kappa graduate in economics at the, and went on to earn a Master"s in Business Administration from Harvard University in 1947 and a law degree from New York University in 1952.

Career

Mr. As executive vice president and treasurer at Morgan Guaranty Trust company, he was instrumental in counseling New York City through its 1975-1976 fiscal crisis. Frank was a past-president of the Municipal Bond Club of New York and former Chairman of the Government and Federal Agencies Securities Committee of Public Securities Association. He was treasurer of the United Chapters of Phi Beta Kappa and of the Phi Beta Kappa Foundation.

Frank also served as Chairman of the Greater New York Councils of Boy Scouts of America, Chairman of the Penn State Development Councils, and Chairman of the Citizens Budget Commission, New York, New New York His philanthropic support of Penn State also extended to endowing a fellowship in business administration, a faculty chair in literary theory and comparative criticism, a creative writing award and a graduate assistantship in botany and plant pathology.

Achievements

• lieutenant took five years of working part-time as a "soda jerk" and a mortgage on his parents" home before he could achieve his goal of a college education.

Membership

He became a partner and member of the senior management committee of Goldman Sachs in 1977 and retired in 1985. He was also a member of the Board of the Mount Nittany Society.