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1965 Horatio Alger Award Winner

George D. Sax*

Chairman
Exchange National Bank

"Master each job that comes your way to the best of your ability and you will succeed."

George Sax graduated from Brown's Business College in Peoria, Illinois, in 1923. He financed his education through a series of odd jobs. Upon graduation, he worked for an investment company. In the early 1940s, he joined the Exchange National Bank of Chicago and shortly thereafter was elected to its board of directors. Two years later, the bank moved from its original location to Chicago's "Wall Street" on LaSalle and Adams. In 1953, Sax became chairman of the board. The 20 years that Sax devoted to the Exchange National Bank saw the inception of new banking practices and services that have since been adopted by many banks throughout the country, including drive-in banking. In addition, after World War II, Sax was involved in another business venture. He owned Miami Beach's first luxury hotel, the Saxony Hotel.

* Deceased