Thomas Hefferan, president of the People’s Savings Bank, Grand Rapids, was born in Washington county, New York, 28 July 1831, and came to Barry county, Michigan, in 1840, and to Eastmanville in 1848, where he was employed by Dr. Timothy Eastman for three years, and then by Galen Eastman, as manager of his lumber interests in Chicago, until 1858, when he returned to Eastmanville in the employ of Galen Eastman, and after seven years, embarked in the lumber and real estate business for himself. He accumulated property rapidly, and in October, 1889, moved to Grand Rapids and engaged in banking and real estate.

The People’s Savings Bank is patronized by Ottawa county people to a very large extent, and with them is continually growing more popular.