Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1912-06-29
NEW INSTITUTION
TO OPEN DOORS
FOR BUSINESS
MONDAY At 10
First Savings Bank nd Trust
Company, Capitalized at
$250,000, Ready to Serve
the General Public.
GUY L. ROGERS TO
MANAGE DEPARTMENTS

The FitHt savings Bank and Trust
company, capitalized az S250 zoe, Of
fiecrrd by Albuquerque men, and
mnuaeed by Guy l.. Rogers. an Alhu-
quorqucau born and reared and who
received his banking training ia the
First National bank of this city, Will
be opened 20 the general public for
business at 10 O'Clock Monday morn
lnB. The new institution o. located
tn the First National bank building
and adi0ins the First National hapk
proper. No efforts have been spared
10 make the FIRST savings nant ana
Trust company an institution Of
Ws4ch Albuquerque and the entire
state OF New Mexico and the SOUTH
west generally can we'll be proud
1nf compAnya offices are magnifi-
GENTLY i-qultlDpd accommodations for
thc convenience Of patrons having
neen paraagonnt With those dlrecting
the arrangement
The First savings ~ many-sided
institution ard viii conduct a general
trust company business, Furnish
bonds. ACT as administrator OF estates,
execute Wills, make loans on real
estate and take care Of any business
Of like nature THAI may be offered
ara considered desirable.
one Df the most important features
Of the First Savings bank rs the SAFE
- deposit department. which is as
well equipped and affords patrons
as much prOtection and safety as any
safety deposit department In any
bHnk Ia the country. tfhe vault In
which the safety deposit boxes are
located ~ constructed OF reinforced
concrete, protected by heavy steel
reils, and h absolutely fire proof and
burglar proof There are 800 safety
deposit boxes in tho vault. Each
box y twenty-five inches IN depth
and the boxes are OF various sizes
Each safety dc pOst renter Is furnish
ed NJ the time OF renting. with two
Keys 10 his box. There Is also a
master key, held by the bank. AZ is
absuigtpW necessary IN order 20 open
a der 81 box. that the patron, or his
authorized agent DO present. with
one TX his keys. and the bank clerk
be prcscn, wish the master key. The
patron cannot open the box without
tho master key and the bank hold
Ing the master key cannot open fhc
box without the key held BY the
Ratron. This assures that box will
never be opened unless the box rcnt-
or and a rcprcacntatiNe az the bunk
are present az the same time.
a department Of the bank that Will
De Of much accommodation and iii-
tercst to the general public
ss the savings department. The
First savings bank ! Will accept
deposits from 81 40 and viii pay 4
per cent per ununm, interest being
credited os January 1 and July J.
No certificates viii be issued and q
person may draw on his account at
any time and WIZ forfeit interest only
on the amount Withdrawn.
PROMINENT fYNANCtERs OFF,
GERS or TILE NEW INSTITUTION
Tho officers OF the FIRST SAVINGS
Bank and Trust company are AS fol.
lows. NJ. w. Fioufnoy. president; J.
y kaynolds. vice president; A.
McMillen, Vice president, Frank Me.
koc. secretary and treasurer; Guy L
Rogers. assistant secretary and treas
urcr. The new institution will be
managed ny Mr.. Rogers, who has
been for s@me time assistant cashier
oi TIE leirat National bank. Although
u win be four years before a.. Rog-
crs IS thirty years old no Is rccog~
nIzcd as one az the ahlcst bankers
Ia the entire southwest. Mr..
Rogers, an Albuquerque boy. received
his very thorough financial training
In the First National bank OF this
city That he enjoys the utmost con-
iucHce OF the OFFICERS OF the new
institution Is Indicated hy the im-
portnnt position SO VII h he has
been advanced.
The Interior wood Is ort foF the
First Savings bank was m.rlulNctuPed
tHiftiA IN AinunutfVbf ut SIC EN-
periur Lumber and NIL company
and ID a big feature OF the inside fur-
nishinRs OF the new institution. The
intcriur arrungcment 1f the new bank
is very attractive, There are four
private booths, where patrons may
arrange affairs. preparatory 10 place
Ing yalpables ga the deposit boxes
"A telephone booth. with a model ar
rnnscment for convenience and prl-
vuey IN a feature that will be much
appreciated b. patrons A re-
ceptlon room, furnished with hand.