El Paso herald. (El Paso, Tex.) 1901-1931, 1917-11-17
SATURDAY. NIGHT SAVINGS BANK
WOULD BE GREAT CONVENIENCE
II J

HRIFT is commonly recognized as one Of LIES virtues
Thrift, but not meanness IN money matters ordinarily
mark Of high character. 1t IS the beginning, oTdi-
manly, Of financial substantially. Spend enough but spend
wisely and save something the rule intenoned
persons favor Many Of them aim al it but fall short. They
earn their money and It goes Often It goes without being
really noticed II tnces out of the pocket vanshes
without trace The bar temptation, perhaps, the
shop windows tempt expenditures for things mmedi-
aely needed Or perhaps is the fountain poker
game. At any rate, the money goes.
It goes that IS If don't hotfOot for the savings
bank and get the money safely therein receive credit
little passbook One feels better after getting the money
bank for it there remain against the time of
need and It Is earning four percent interest Adding
regularly, and allowing the interest TO compound, the day
finally when has enough start business buy
with the firm for which works. pay an nstalent on
house to make home buy lot to hold for an increase
value, purchase number Of Liberty bonds or buy first
mortgage There IS lots Of satisfaction the healthy
growing savings account Getting 1t started and keeping it
going are the hard parts
There are lots Of employed men and women IN FL PasO
who the verge becoming savings bank depostors
but quite reach it. Something else gets the money
they spare from their living expenses before the bank
gets chance at It
great many Of these men and women really haven't
fair chance to become dePosor because their hours of
labor cover the whole banking day and when they are
duty the banks closed Payday may come on Saturday
every week the first Of every month When the money
IN the hand there Is opportunity to bank unless the
worker deposits during his lunch hour takes time from his
work. which generally Is not permitted. E. Paso IS beco1
ing SO large that II contains great many people in Just that
predicament.
The suggestion Is made that It would be well for the Ell
PasO clearing house consider establishing Saturday
night bank, keeping open until O'clock the institu
ton being for receiving savings deposits and new savings
accounts primarily though might accept checking deposits
also One bank could be designated the clearing house to
remain open Saturday nights and teers could
handle the receipts Deposits could accepted to be cred
tied to whatever bank the depostor might designate It
e@ould be altogether takein hank and pay-out bank
Although the Saturday night bank should be in the same
building week after week the people might where
to the eIs would be furnished by bank in roa-
ton IN order to equaze the labor and the clearing house
would bear the expense attached to the business.
Probably such institution here would bring in enough
accounts TO make it worth while Certainly It would
be convenience appreciated by many people now are
unah be to get bank IN the usual do so only
at considerable inconvenience Let the worker bank his
money before something temps It out Of his pocket on
Saturday evenng-that what the Saturday night bank
does IN places where 1t has been tined.