The Detroit times., 1908-12-15
To Savings Depositors /:

day opened for business six
last September. THE DETROIT UNITED BANK has paid
4 savings deposits 1t has paid that rate because
savings deposits worth it we'll conducted bank This
bank any checking and for that
office otherwise they would be-
The handling of checking necessarily expensive an
In large business requires good many employees Ma
banks this State employ times clerks as does the
DETROIT UNITED. for the amount OF assets q this
bank frequently ponsed that savings deposits
worth bank least than commercial or
checking and the for this fact given at length
It has further been shown this State TIN ste
of 40 savings deposits general although not unive
sal states rarely high
those prevailing Michigan the largest and strongest savings
banks 40 interest savings deposits This also true al
most quite universally, and south Whv is it
then Michigan paid by banks savings
deposits lower than elsewterel The to this ques
ton concsvy given the series OF articles on the Cen
era Banking Laws of this State published few months sin
In double bank system prevailing
in this State Of $50 banks doing business under Cen
era Banking law, all but do both commercial and
savings business usually disadvantage of the savings
deposition fair tina. the savings depositor should be
paid per his savings than they worth
order that bank may be able do better for its commercial
could do without denying the savings depositor
portion Of the interest he should receive
THE DETROIT UNITED BANK has prospered unds
its fair and the time conservative treatment OF its de-
posors Every stakeholder owning portion OF the quarter
million dollars of stock fully satisfied with his investment
Not of been offered the market for
price books Of the bark show be its cash value
Every that under the laws Of this State
he CT his investment In other
years Of this bank have demonstrated
and again savings bank Michigan be conducted
safely and proftaby time pay 40 interest
savings deposits.
matter for public congratuaton that the continual
pounding of THE DETROIT UNITED BANK has conferred
and comforting benefits who not its depo
Not only depositors of this bank reapng the bc
upon their deposits but because OF the fac that
many banks State following the lead of THE DE-
TRoIT UNITED BANK depostors in those institutions also
receiving the rate.
When THE DETROIT UNITED BANK commenced it.
crusade e savings depostors this
State very banks and these few instance the
smaller towns paying 40 their deposits Today in
least Michigan cities having population OF and
upwards every savings bank paying this and already
many savings banks the smaller Michigan have
creased their savings deposits 49, Whether THE DE-
TROIT UNITED BANK has a very important factor
producing this acquainted with the banking silva
Michigan may we'll judge for themselves The
of over millions of dollars Of savings deposits
increase Of 50 1870 their earnings that IS
they should receive 40 instead of $50 these savings
difference would mean OVER ONE MILLION OF DOLLARS
YEAR which the savings depostors of Michigan entitled
to receive and which they do receive
THE DKTRoIr UNITED BANK not only will continue
so savings deposits but will continue point
public why their savings should that Have you
Detroit other banks COM
panies paying go savings deposits Well they
there indications will fall In line
ings dposor 10 entitled 4 interest his money Mich
igan, and THE DETROIT UNITED BANK will continue to
furnish for all such depostors absolutely safe
depository for such funds.
Send for booklet BANKING BY MAIL fully illustrating
the system introduced by this bank under which easy
for persons residing distance carry their savings
with strong metropolitan bank for those residing in Detroit
Address all correspondence The Detroit United Bank
500 Griswold St, Detroit. Mich
FRANK LELAND president