The Belding banner-news. (Belding, Mich.) 1918-1973, 1920-12-15
CHRISTMAS CLUB
IS A BIG HELP
TO LOCAL PEOPLE
AMOUNT DISTRIBUTED KEEPS
GROWING. PLAN HAS
PROVED POPULAR

1nere may De Soine pcOpie 10 WnOHi
the idea of a Christmas club would
not appeal very strongly, but the
truth Of the matter is that the plan
has met with great deal of favor
among the people of this city since
it was started here by the Belding
Savings bank and since the start the
amount which Cashier Lambertson
of the bank, together with his as
sistants,, has distributed each sue
ceeding year has grown so success
fully and satisfactorily that even
though there is tremendous amount
of work involved in the handling of
the many accounts, the bank people
have begun to feel that this branch
of their business is one of their most
important means of serving the pub
lie and they are continually striving
to enlarge it and make it mean still
more each year to the people of this
city.
On December 2 the bank people
sent out approximately $4,000 to
holders of accounts in their Christ
mas saving plans and this amount
was divided up amongst several hun
dred people who had been placing
small and seemingly inconsequent
amounts in one or. more of the plans
offered in the Christmas savings
plans each week throughout the past
year, to be returned to them just be-
fore Christmas-when a dollar US
ually looks bigger'n a mountain be-
cause Of tax time, the ancient and
highly honorable, although at times
criminally burdensome plan of pre-
senting gifts and other money tax
ing methods-in a lump sum, at a
time, as above stated, when money
talks mighty loud in the spreading
of Christmas cheer and happiness.
Among the people who had ac-
counts in the Christmas savings club
at the Belding bank during the past
year were several who had set aside
small amounts each week in anticipa-
tion of their taxes and several other
items, the money for the payment
of which always seemed to some like
having your upper and lower teeth
extracted on the same day. The re-
suit was just as they had expected
they received their checks about the
third of December and stood ready
to pay their several accounts with
money which they had scarcely miss
ed when they laid it away in the club
Some of these men had placed as high
as $500 per week in an account, but
the great majority of the accounts
ran smaller than that.
Cashier Lambertson said that he
considered the plans offered in the
club as one of the best inducements
to thrift and saving that a person
could practice and that the bank well
comes the child who opens up small
account with $25 goal at Christ
mas time just as warmly as it does
the more fortunate person who elects
to deposit $50 each week with its
harvest Of $1,000 for the next year.
The distribution of the money is
also a great thing, not only for the
people of the city in general, but
for the merchants, especially, as it
turns a lot of money lose at time
when the people are thinking of do
ing some spending and can not do it
unless they have the cash The
ksending out of the Christmas club
checks is bound to liven up business
in a way and the business which it
creates is very nearly all in strictly
cash transactions.
Not only are the people of the city
urgently invited to take out an ac-
count in the Christmas club with
this bank, but Mr.. Lambertson says
that the plan is admirably suited for
the farmer, his wife and the differ
ent members of his household, as
they can pay at any time and for
as many weeks ahead as they wish,
with an assurance that the money
will be ready for them along about
the first Of December of next year,
at a time when money is in strong
demand for thousand and one var
ious things.
The Belding Savings bank has a
large advertisement on page seven
of this issue in which it bids you
Merry Christmas by telling you all
about its big Christmas savings club
and the various plans.