I.O.U. button, ca. 1981
I.O.U. button, ca. 1981
Collection of the Museum of Florida History
After the bank was moved to Apalachee Parkway, it sat crumbling for years and was in danger of demolition. In 1981, a group of citizens, including Mary Call Collins, Adele Graham, and Cora Morse, organized a fundraising campaign to match money appropriated by the Florida Legislature to restore the bank building. Tallahassee Democrat editor Bill Mansfield coined the organization’s name: Invest in the Old Union Bank or IOU.