In 1952, the bank decided to sell to Charles Phelps Taft, the owner of the "Cincinnati Times-Star" and a member of the presidential Taft family, but the employees of the paper pooled their assets and obtained loans to outbid him.
In 1952, the bank decided to sell to Charles Phelps Taft, the owner of the "Cincinnati Times-Star" and brother of President William Howard Taft. The employees of the paper pooled their assets and obtained loans to successfully outbid him.