The Detroit times., 1912-09-11
TO THE PUBLIC
GREETING:

The Detroit United Bank. at the beginning Of its
eleventh year OF successful business invites the at
tenton Of the public to the fidelity with which its In,
augura and its policy have been carried
out, and what thus far has been accomplished.
Established. On the Srd day OF September. 1912.
The Detroit United Bank entered upon the eleventh
year OF Its establishment Ten years ago II opened
it's doors for business and invited the savings deposits
of the people. agreeing four per interest
OF withdrawal Its announced contract with the public
further that its investments and loans would be
confined strictly to municipal bonds and rstclass real
estate mortgages. II then had capital OF 100000.
whereas It has capital of $250000 with surplus
and undivided profits all earned. amounting to more
than 100000 and with total assets OF $4100000
II has continued TO four per cent interest its
deposits originally declared II would. beside
has paid its stockholders regular dividends and out
its earnings has accumulated It's present surplus
divided profits Thus II Is evident that The Detroit
United Bank has enjoyed a full measure Of success
and it's officers and directors desire express their
appreciation OF the splendid cooperation given them
by Its many depositors
Banking BY Mail The Detroit United Bank inaug
urated the successful system OF Banking BY Mail in
troduced bank advertising such in Michigan and
commenced q campaign of education with the purpose
building up its business by a of fair honor
able and liberal treatment of its patrons. II has
pointed the fact that savings deposits worth
much more to bank than checking accounts. and
demonstrated that II could AFFORD pay 4qo interest
deposits the same do the Savings Banks of New
York. Pittsburgh, Cleveland and other cities. Beside
this, bank could have conducted its business with
greater security to its depositors.
Interest Paid. This bank has paid 40 interest on
savings deposits from the day OF its opening and Il
prospered. Its deposits at the present time
nearly 81 000 every dollar OF which purely
ings II is thus that the deposits of this bank
have increased average OF about one thousand dol
for every business day since II opened. Il
depository of state county city other public
funds
Deposits have always been paid upon demand with
exception, this being followed throughout
the stringency Of 1907 and 1905
Loans have been confined strictly to hrstclass
improved real estate securities carefully selected
that II has foreclosed single mortgage,
has II ever had piece Of real estate its books.
lost dollar In any transaction whatever When
the fact s taken into consideration that this bank has
taken four thousand mortgages, this plan Of
loaning it's depostors funds II Is believed will receive
general commendation. II departed from the then
almost universal and still very prevalent custom OF
banks oaning money to their officers and directors by
adopting bylaw providing that officer. director.
stockhoder or employe under circumstances what
ever. could borrow money from It, and this bylaw
has been strictly adhered to-
Safety. II the progressive and yet most conserva-
tive followed by this bank meets your approval
and you seek absolutely safe depository for your
savings account where Of courteous fair
and honorable treatment cordially invited to
open account with THE DETROIT UNITED BANK.
Those opening accounts this month will assist in
mencing the eleventh year OF business under In
creasngy satisfactory conditions
Send for booklet, BANKING BY MAIL.
Address all correspondence to THE DETROIT
UNITED BANK. 2os Grswold Street. Detroit, Michigan