John Augustus Raffetto Jr.

John Augustus Raffetto Jr. also known as John A. Raffetto and John Raffetto, (1908–1977), was an American entrepreneur and banker who owned the Ivy House Hotel of Placerville, California and co-founded the Placer National Bank of Rocklin, California.

Background

John Augustus Raffetto Jr. was born on September 1, 1908, in Placerville, California. His parents were John Augustus Raffetto Sr. and Adela Creighton Raffetto. He was the third son of four surviving children, preceded by Lloyd Raffetto and Michael Raffetto and followed by Isadeen Adela Raffetto (future wife of Alexander Howison Murray Jr.). He attended El Dorado High School and the University of California, Berkeley.

He moved to Auburn, California, where he owned and operated the Ivy motel and the Auburn club. In 1968, he served as president of the Rocklin Bank; at that time, he was also manager of the West Coast Capital, a small business investment company headquartered in Auburn, which he helped found.

Raffetto then became a founding director of the Placer National bank. He also served as chairman of the board, president, and chief administrative officer of the Placer National Bank.

Personal life and death

Raffetto married Ellen Williamson; they had two sons.

Raffetto served as "exalted ruler" of the Auburn lodge, BPOE; state president of the Elks; and president of the Auburn Rotary Club. He was a member of the Tahoe club of Auburn, the Sutter club of Sacramento, Native Sons of the Golden West, UC Alumni association, and the Auburn Dam committee.

John Augustus Raffetto Jr. died age 69 on May 21, 1977, in Auburn, California.