68:, and served in those roles from 1977 to 1997. The bank was established to serve the banking needs of women, and was the second women's bank in the country to receive a national charter. Many banks did not allow women to take out loans without signatures of their husbands, which prevented women from opening businesses or taking out loans. The first 12 weeks the bank was open, it took $ 12 million in deposits. The bank made its initial investment back within its first 10 months being open. She left to accept the position of vice chairman of the Guaranty Bank board of directors.
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Graduate School of
Banking to study real estate finance. After this, she returned to Guaranty Bank and again moved up the ranks. During this time, she trained new bank presidents and regularly performed duties of acting president, so at one point, she asked the board president why he didn't give her
49:. After graduating high school, she got a job as a bank messenger, then coin wrapper, then file clerk and was eventually promoted within the company to loan processor. She subsequently decided she wanted to be a banker on Wall Street and headed east, but once she reached Denver, she stayed there.
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the job of bank president. He said it was because Denver wasn't ready for a woman bank president and because she didn't have grey hair. She eventually worked her way up to vice president, but was still required to make coffee for the all-male board of directors.
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Orullian was a part of a Denver women's group that called themselves "The Velvet Hammer." The women in the group would speak to male CEOs to ask them why women weren't on their board of directors, then would present those men with resumes of qualified women.
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In 1983, she was named Savvy
Magazine's top 20 corporate women. According to the editor of the magazine, Wendy Reid Crisp, Orullian and her colleagues were nominated because "we believe them to be the front-runners for chief executive officer".
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entitled "Girl Scouts Make A Promise To
Include All" which announced that Girl Scouts would allow members to substitute the word "God" in the Girl Scout Law for "a word for God that more closely expresses their personal spiritual beliefs."
56:, and was again quickly promoted. She wanted the job of bank officer, which at that time was a job only for men, so she spent 14 years going to night school to get three certificates from the American Banker's Society. Then she went to
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Larcker, David F. (September 12, 2013). "Pioneering Women on Boards: Pathways of the First Female
Directors".
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Crittenden, Ann (4 August 1980). "Women's Banks: An Idea Whose Allure Has Faded" – via New York Times.
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207:"Legacy Award: LaRae Orullian stepped up to prove women have a place in banking (Video)"
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In 2004, she was awarded an honorary Doctor of Humane
Letters (L.H.D.) degree from
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22:(born May 13, 1933) is an American banker, executive, and former president of
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Schlichting, Janet M. (March 11, 1983). "4 Bank Women Among Savvy Top 20".
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American banker, executive and former president of Girl Scouts of the USA
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Orullian has been on or led boards of many companies, including
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World Board (World
Association of Girl Guides and Girl Scouts)
261:"Wirthman: Want to get things done in U.S.? Elect more women"
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Women of
Consequence: The Colorado Women's Hall of Fame
283:"Construction company founder at forefront of change"
64:Orullian was the founding president and CEO of the
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307:"Larae Orullian – Colorado Women's Hall of Fame"
41:B. LaRae Orullian was born on May 13, 1933, in
347:"Girl Scouts Make A Promise To Include All"
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157:pp. 231–235. Johnson Books, Boulder.
110:In 1994, she wrote an article for the
373:"Honorary Degrees | Whittier College"
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84:Orullian was inducted into the
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230:"Women's Bank Exceeds Hopes".
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311:Colorado Women's Hall of Fame
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95:and WellPoint Financial (
153:Jeanne Varnell. (1999)
409:American women bankers
105:Girl Scouts of the USA
76:Awards and recognition
66:Women's Bank of Denver
24:Girl Scouts of the USA
58:Ohio State University
20:Bessie LaRae Orullian
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181:The American Banker
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28:B. LaRae Orullian
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398:Categories
163:1555662145
128:References
88:in 1988.
37:Biography
382:March 9,
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159:ISBN
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