Daniel Richard Crissinger (December 10, 1860 – July 12, 1942) was an American banker and lawyer who served as the 3rd
chairman of the Federal Reserve
The chair of the Board of Governors of the Federal Reserve System is the head of the Federal Reserve, and is the active executive officer of the Federal Reserve Board of Governors, Board of Governors of the Federal Reserve System. The chair shal ...
from 1923 to 1927. Crissinger previously served as the 14th
comptroller of the Currency
The Office of the Comptroller of the Currency (OCC) is an independent bureau within the United States Department of the Treasury that was established by the National Currency Act of 1863 and serves to charter, bank regulation in the United States ...
from 1921 to 1923.
[
]
Early life
Crissinger was born on December 10, 1860 to John M. Crissinger a leading lumberjack tradesman and Margaret (Ganzhorn) Crissinger a German immigrant in Tully Township, Marion County, Ohio
Tully Township is one of the fifteen townships of Marion County, Ohio, United States. The 2020 census found 834 people in the township.
Geography
Located in the northeastern corner of the county, it borders the following townships:
* Whetstone ...
. He was named after his grand-uncle Daniel Crissinger and was an only child after his brother died at infancy.Caledonia, Ohio
Caledonia is a village in Marion County, Ohio, United States. The population was 577 at the 2010 census.
History
The village was named after Caledonia, an ancient name for Scotland, the ancestral home of a large share of the first settlers.
The ...
, and graduated from Caledonia High School in 1880. He spent one year as a grade school teacher and he worked for one year in the high school.
He attended Buchtel College
The University of Akron is a public research university in Akron, Ohio. It is part of the University System of Ohio. As a STEM-focused institution, it focuses on industries such as polymers, advanced materials, and engineering. It is classified ...
in Akron, Ohio
Akron () is the fifth-largest city in the U.S. state of Ohio and is the county seat of Summit County, Ohio, Summit County. It is located on the western edge of the Glaciated Allegheny Plateau, about south of downtown Cleveland. As of the 2020 C ...
and graduated 1885. He studied law with Judge William Z. Davis in Marion, Ohio
Marion is a city in and the county seat of Marion County, Ohio, Marion County, Ohio, United States. The municipality is located in north-central Ohio, approximately north of Columbus, Ohio, Columbus.
The population was 35,999 at the 2020 United S ...
until he began formal study at the University of Cincinnati
The University of Cincinnati (UC or Cincinnati) is a public research university in Cincinnati, Ohio. Founded in 1819 as Cincinnati College, it is the oldest institution of higher education in Cincinnati and has an annual enrollment of over 44,00 ...
. After graduation in June 1886, he became a partner of Judge Davis.
Career
In 1893 Crissinger was elected city solicitor of Marion, Ohio
Marion is a city in and the county seat of Marion County, Ohio, Marion County, Ohio, United States. The municipality is located in north-central Ohio, approximately north of Columbus, Ohio, Columbus.
The population was 35,999 at the 2020 United S ...
. He served in several partnerships and was nominated for Congress in 1904 and 1906 as a Democrat. Crissinger was vice-president of City National Bank of Marion, Ohio at the time of its founding and he became president of the bank in 1911. He held other posts including director of Marion Steam Shovel Company, president of National City Bank & Trust Company, director and vice-president of the Marion Union Stock Yards Company director, a director and treasurer of the Marion Packing Company, a director of the Marion County Telephone Company, and president of the Marion Cemetery Association.
Crissinger was nominated in 1921 by Republican President Warren G. Harding
Warren Gamaliel Harding (November 2, 1865 – August 2, 1923) was the 29th president of the United States, serving from 1921 until his death in 1923. A member of the Republican Party, he was one of the most popular sitting U.S. presidents. A ...
, who was a friend and neighbor in Ohio, to serve as the 14th Comptroller of the Currency
The Office of the Comptroller of the Currency (OCC) is an independent bureau within the United States Department of the Treasury that was established by the National Currency Act of 1863 and serves to charter, bank regulation in the United States ...
. He became the 3rd Chairman of the Federal Reserve
The chair of the Board of Governors of the Federal Reserve System is the head of the Federal Reserve, and is the active executive officer of the Federal Reserve Board of Governors, Board of Governors of the Federal Reserve System. The chair shal ...
in 1923 and he served under presidents Harding and Coolidge.[
]
Death
He died on July 12, 1942.
References
Further reading
*Denslow, William R., and Harry S. Truman. ''10,000 famous Freemasons''. Trenton, Missouri: Missouri Lodge of Research, 1957
*Kane, Thomas P. ''The Romance and Tragedy of Banking''. New York: The Bankers Publishing Co, 1923.
*
External links
Statements and Speeches of Daniel R. Crissinger
{{DEFAULTSORT:Crissinger, Daniel Richard
1860 births
1942 deaths
Chairs of the Federal Reserve
Coolidge administration personnel
Harding administration personnel
People from Marion County, Ohio
United States Comptrollers of the Currency