The Barre daily times. (Barre, Vt.) 1897-1959, 1920-12-29

STRONGEST NONE TOO STRONG.
In emphasizing the fact that the Lamoille
County Savings Bank carried larger proper
portion of it's assets in United States Bonds than
any other Vermont Bank, and was therefore pre-
eminenty strong, made use of the following
language:
THERE ARE FIFTY-NINE SAVINGS
BANKS IN VERMONT. WITH A SINGLE EX-
CEPTION, NOT ONE OF THEM CARRIES AS
LARGE A PROPORTION OF IT'S DEPOSITS IN
UNITED STATES BONDS AS THE HYDE
PARK BANK"
We wish now to refer to another strong fea-
ture of that Bank, viz: its very large surplus as
shown by the last printed report of the Vermont
State Bank Examiner Here are the facts as
shown by that report:
OUT OF THE ENTIRE THIRTY-THREE
VERMONT SAVINGS BANKS ORGANIZED
SINCE THE INCORPORATION OF THE La
NOBLE COUNTY SAVINGS BANK AND
TRUST co. IN 1889, THERE ARE BUT TWO
WHOSE PERCENTAGE OF SURPLUS TO DE-
POSITS EQUALS THAT OF THE HYDE PARK
BANK.
Now what conclusions may be properly
drawn from this fact? Every experienced bank
er knows that there are two kinds OF bank man
agement. One insists that the surplus of the Saw
ings Bank be conserved and laid aside as safe
ty fund to guard against and care for any and
every possible loss to the end that the absolute
safety of the depostor shall always be the para
mount consideration and first care OF the bank
management. The other kind of management
would distribute this surpusS passing it along
from time to time dividends to individuals. III
IS UNNECESSARY TO SAY THAT THE HYDE
PARK BANK COMES IN THE FIRST NAMED
CLASS.
The conservative banking methods of the
HYDE Park Bank for nearly two generations have
been known and read of all men and when the
prospective depositor once grasps the import OF
this unusual caution and conservatism he is in
evitabIy forced to the conclusion that the Bank
which stands out foremost and preeminent for
conservatism is, other things being equal, the one
where he would desposit part at least of his saw
ings.
Having now amplifed upon two especially
high points of financial strength in the Hyde Park
Bank its high quality of bank assets and its large
surplus we propose in our next article to give
the reader third reason why Savings Bank de-
positors should prefer to place portion of their
savings in the Hyde Park Bank.
Meanwhile perhaps we can do no better in
closing this article than to repeat what we said
in our last Here it is:
FINALLY, if the reader does not deem ii good
policy to place all his eggs in one basket but rath-
er concludes il TO be the wiser and better way to
divide his savings among the different Vermont
Banks, we are sure he will deposit part of those
savings in the old Hyde Park standby
We again cordially invite share of your de-
posits and again suggest that no deposit is so
small as not to be thoroughly appreciated. We
would be most happy if we had at least small
deposit from every Vermont family.
What finer thing can you do than to start
small account with the Hyde Park Bank by max
ing Christmas or New Years present of S1OO,
$1,000 or a larger sum? Let the deposit be in the
name of yourself or better still perhaps in the
name of your son or daughter, wife or husband,
and commence the New Year by becoming
banker
REMEMBER THAT ALL TAXES ARE
PAID BY THE BANK.
Banking by mail is now regarded abso-
lutelv safe. Your deposit should be sent by check,
postal or express money order or by registered
letter.
In more than thirty-one years of business not
a dollar sent BY mail TO the Hyde Park Bank was
ever lost to a deposition.
For any information or suggestions, address
The Lamoille County Savings Bank
and Trust Company
ARRoLL 5. PAGE. Hyde Park, Vermont
Frs-ssnt