File:The savings bank and its practical work; a practical treatise on savings banking, covering the history, management and methods of operation of mutual savings banks, and adapted to savings departments (14578852957).jpg

Identifier: savingsbankitspr00knif (find matches)
Title: The savings bank and its practical work; a practical treatise on savings banking, covering the history, management and methods of operation of mutual savings banks, and adapted to savings departments in banks of discount and trust companies
Year: 1912 (1910s)
Authors: Kniffin, William Henry, 1873-
Subjects: Savings banks Savings banks -- United States
Publisher: New York : The Bankers publishing company
Contributing Library: University of California Libraries
Digitizing Sponsor: MSN

View Book Page: Book Viewer
About This Book: Catalog Entry
View All Images: All Images From Book
Click here to view book online to see this illustration in context in a browseable online version of this book.

Text Appearing Before Image:
Other stocks and bonds, bank stocks, etc 180,295,429.19 The home of the mutual savings bank is in the East,and may even be said to be in the Eastern states; for westof Buffalo and south of Baltimore, we find but 21 savingsbanks of the mutual character. Out of 647 savings banksof the mutual type found in the United States, 593 arefound in Xew England, New York and New Jersey; andover one-half, or 334, are found in the two states of NewYork and Massachusetts. Maine, Vermont, Connecticutand New Hampshire have 215, the total of which accountsfor all but 100 of the mutual savings banks in this country. The dearth of savings banks in Pennsylvania has alreadybeen commented upon; but it would seem strange that in astate of such character, where the mutual savings bank hadits first test, and where in individual instances it has beenextremely popular and successful,* the failure of such an •ITie Philadelphia Savings Fund Society has the largest number of depositorsof any bank in this country.
Text Appearing After Image:
80 THE SAVINGS BANK AND ITS PRACTICAL WORK institution to become widespread is unaccountable; but ashas been remarked, Pennsylvania is the home of the build-ing and loan association (there are over 1,400 in operation)which seems, in a measure at least, to fulfill the same pur-pose. From a pamphlet issued by the Dollar Savings Bankof Pittsburgh in 190.5, the striking sentence is gathered, thatto-day at the end of half a century the Dollar Savings Bankstands as the only institution of its kind in WesternPennsylvania.

Note About Images