Evening star., 1919-03-15
BANK F|XESD DATE
FOR ITS OPENING
Citizens Savings Institution
to Begin Business April Is
in Temporary Quarters.
SOON WILL BUILD HOME

organized. will begin business on
April 18th in temporary quarters at
1921 New York avenue. next door on
the west to the branch post Office and
one door east Of 14th street. The
building was until recently occupied
Ly the homes registration service.
The Citizens Savings Bank will con-
tinue in business at that location un-
til the erection of it's new building at
1886 New York avenue, four doors
east of 14th street. The building on
the site on which the new bank build
ing will stand is now occupied by the
Washington headquarters of the
American committee for relief in the
near east. and the offices of Nolan
Brothers, Charles A. Shields and Ma
The Citizens Bank has been or
ganized with a capital of 100000 and
a surplus of $4,000.
Officers Selected.
T.. Z. Brcuninger. the well known
builder, has been elected president of
the bank. and associated with him on
the board of directors are the follow
ing men. prominent in business at
fairs: William D. West of Rudolph &.
firm of Murray Bros. n. S. Fawcett.
William S. philips Of Philips &
Sager, Lewis NJ. Thayer. printer; DR..
John E. Walsh, S. +. Hahn of the firm
of William Hahn & Co. Frank l..
Wagner. contractor and builder: S.
Sidney Forst dealer in automobiles;
Thomas Moore. president of the Moore
Theater Corporations; Herman T..
Gasch of the firm Of Gasch & Birge,
real estate brokers': w. II. Trolinger.
vice president of the Peoples Bank
Of the law firm of Price & Dulaney,
and Roy l.. Neuhauser. with the Ma
tional City Company. investments.
The bank, while mainly a savings
institution, it is stated will do COM
mercial business as well.
Site of Permanent Home.
The property purchased by the bank
at 1885 New York avenue is centrally
located and convenient to all traffic
routes and the majority of govern
Work will be begun in about two
weeks to remove the old building and
begin the construction of the new
building. plans for which have been
prepared by Appleton P. Clark, jr..
architect.
The new building will be arranged
and constructed up to the most
modern standards of finish and con-
venience. The banking room will oc-
cupy the entire first floor from street
to alley. depth of 120 feet. The
street and alley fronts will be almost
entirely of glass. while a skylight will
light the central portion of the room.
A fn frrv nf rrt; he
the basement, which will contain a
large safe deposit department, having
its own special large vault for this
purpose; there will also be separate
vault for the bank. A directors room
will be in the rear. where the base
ment is mostly above ground.
The street front will be of limestone
Of imposing classic design.
D. c. National Bank Deposits.
The order Of the national banks of
Of deposits as shown by their returns
to the controller of the currency as of
March 4, according to a compilation
of those returns. made by Frank
Devereaux, statistician of the Nation
al Savings and Trust Company, fol-
lows:
Riggs, Commercial Metropolitan,
w dSHluStOH, blstFlCt, rcOeTdls LII
coin. American, Franklin. Columbia.
Second. National Capital Farmers and
Mechanics and Dupont.
The order Of the national banks un-
der the controllers previous call Of
December 81. 1918, was:
Riggs, Commercial metropolitan n,
Washington, District, Federal, Lin
coin. American. Second, Columbia,
Franklin, Farmers and Mechanics, Ma
tional Capital and Dupont
In the order of gains in deposits un-
der the latest call and over the pre-
vious call the national banks stood:
Comercial. Washington, Lincoln,
Federal. Franklin. Riggs, District. Co
lumba. Second. National Capital. Amer
ican. Metropolitan and Farmers and
Mechanics.