Frank Brooks Yeilding, Jr.
The following biographical sketch was compiled at the time of induction into the Academy in 1983.
Frank Brooks Yeilding, Jr., Chief Executive Officer of Jefferson Federal Savings and Loan Association, was born March 22, 1904. He was a student at Birmingham-Southern College for three terms, 1922-1925.
He joined the staff of Jefferson Federal Savings and Loan Association in 1925. He was elected secretary-treasurer in 1929. The Association weathered the Great Depression and when it converted to a Federal Charter in 1936, the balance sheet read one and a half million. He was elected President of the Association in 1949 when the assets were $4,110,962. At the time of his induction into the Academy, the Jefferson Federal was a $500 million institution.
He served as director of several organizations: Jackson Securities and Investment Co.; Perfection Bedding Co.; International Realty Corp., Yeilding Insurance Agency; Yeilding Brothers Holding Co.; Yeilding Brothers Department Store and American Federal Life Insurance Co.
He was active in several civic and community affairs: Birmingham Chamber of Commerce; Birmingham Better Business Bureau; Birmingham United Appeal; Freedom Foundation; Birmingham Historical Society; and the Jefferson County War Price and Rationing Board. He was listed in Who's Who in America; Who's Who in the South and Southwest and Leading Men in the United States of America.
He married Augusta Gage Smith of Birmingham on November 18, 1925, and they had two children: Augusta Gage (Yeilding) Hanna and Frank Brooks Yeilding III. He is now deceased.