Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1920-12-22
Quality of the Banks Assets

The duty of every Savings Bank is:
FIRST, to maintain its assets always at the very
top IN point Of quality"
SECOND, 20 keep its assets always where they can
respond, without a moments delay, to every cal of
every deposition whenever he wants his money.
THIRD, to keep its assets always where they can
promptly respond to every legitimate need of the
borrowing public
The proper function of a Savings Bank is to stand
between those who have money TO lend and those who
need borrow, and that bank does properly func
ton which does not keep its assets where they i'm
mediateIy available to every caIl-withn its
proper field for loaning-whch the public requires
its legitimate lines of business.
But II IS equally true that q Bank does not prop
erly function which does not furnish the public with
absolutely safe place Of deposit for all who have
idle money
Both of these requirements the LamoiIle County
Savings Bank and Trust Company supplies, indeed
the following facts show, it stands foremost and
preemnent in its preparedness for any and every
financial emergency.
It is fact everywhere recognized that in times
of financial panic United States Bonds are the one
sheet anchor upon which the public depends and to
which it goes for financial strength and support.
In the history of Banks, United States Bonds
have failed to bring the cash. and other things
being equal it follows logically that that Bank is
strongest financially which carries the largest percent
age OF its assets in U. s. Bonds.
There is getting away from this fact No
truthfuly gainsay this statement 1t is
absolutely unanswerabIe.
Now, what the facts as they relate to the
Hyde Park Bank Here the figures taken from
the Vermont Bank Commissioners latest report.
There SO Savings Banks in Vermont of which.
with single exception not CARRIES AS LARGE
a PROPORTION OF ITS DEPOSITS IN L. s. BONDS
AS THE HYDE PARK BANK Let us emphasize this
fact by adding that the aggregate of United States
Bonds held by Ii of the SO Vermont Savings Banks
do not equal the holdings of the Single Hyde Park
Bank.
1t is purpose in a subsequent article to again
refer TO earmarks of superior strength and safety in
a Savings Bank"
Meanwhile we invite the most careful consid-
GRAFTON Of the deposting public the superIatively
strong position OF the Hyde Park Institution.
Finally. if the reader does not deem it good policy
TO place all his in basket but rather concludes
It to be the wiser and better to divide his savings
among the different Vermont Banks we are sure ne
viii deposit part OF those savings in the old HYDE
Park standby.
We cordially invite share of your deposits and
suggest that DEPOSIT IS small not to be ap-
preciated We would be most happy if we had at least
a small deposit from every Vermont family What
finer thing you dc than to start a small account
with the Hyde Park Bank by making Christmas or
New Years present of S1.00, $1,000 or larger sum?
Let the deposit be i'm the yourself of better s
perhaps In the name of your daughter wife or
husband, and commence the New Year by becoming
banker.
safe Send your deposits by check postal or express
money order by registered letter In more than
thrtyone years of business dollar 90 sent tn the
HYDE Park Bank was ever lost to deposition
For any information or suggestions address
The Lanloiiie County Savings Bank
and Trust Company