The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1920-12-22
Quality Of the Banks Assets
The duty of every Savings Bank is:

The duty of every Savings Bank is:
FIRST to maintain its assets always at the very
top in point of quality"
SECOND, to keep its assets always where they
can respond, without moments delay, to every call
OF every depOsitOr, whenever he wants his money
THIRD, to keep it's assets always where they can
promptly respond to every legitimate need of the
borrowing public.
The proper function Of Savings Bank is 70 stand
between those who have money to lend and those who
need to borrow and that bank does properly func-
ton which does not keep its assets where they are i'm
proper field for Ioanngwhch the public requires for
It's legitimate lines of business.
But it is equally true that Bank does not properly
function which does not furnish the public with an
absolutely safe place Of deposit for all who have idle
money.
Both of these requirements the Iamoilie County
Savings Bank and Trust Company supplies, indeed,
as the following facts show it stands foremost and
preemnent in its preparedness for any and every
financial emergency.
1t 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
winch 1t gees Tor financial strength and support.
In the history Of Banks, United States Bonds have
never faed to bring the cash. and other things being
equal 1T follows logically that that Bank is strongest
financially which carries the largest percentage of its
assets in y. S. Bonds.
There is no getting away from this fact No one
can truthfully gansay this statement 1t is absolutely
unanswerabe.
Now, what are the facts as they relate to the
Hyde Park Bank? Here the figures taken from the
Vermont Bank Commissioners latest report.
There are SO Savings Banks in Vermont, of which,
wlth single exception not one CARRIES AS LARGE
APROPORTI0N OF IT'S DEPOSITS IN L. S. BONDS
AS2IHE HYDE PARK BANK. Let us emphasize this
fat bYsaddiRg that the aggregate of United States
bonus hed by IL of the SO Vermont Savings Banks
do not equahe holdings of the Single Hyde Park Bank
1t is our purpose in a subsequent article to again
refer to earmarks Of superior strength and safety in
Savings Bank
Meanwhile We invite the most careful consider
alton Of the depositing public to the suueratively
strong position OF the Hyde Park Institution.
Finally if the reader does not deem il good policy
to place all his in one basket but rather concludes
1t to be the wiser and better way to divide his savings
among the different Vermont Banks, we are sure he
VIII deposit part of those savings in the old Hyde
Park standby.
We cordially invite share of your deposits and
suggest that no deposit small not to be appreci
ated. We would be most happy if we had at least a
small deposit from every Vermont family
What finer thing can you do than to start small
account with the Hdye Park Bank by making Christ
mas or New Years present of $780, $1,000 or a larger
sum? Let the deposit be in the name of yourself or
better STILL perhaps in the of your son or daugh-
TER wife or husband and commence the New Year by
becoming banker.
BapkipgtRy mail Us nov, regarded as absolutely
sale Send your deposits by check postal or express
money order or by registered letter In more than
thFtyone wears Of business not dollar so sent to the
Hyde Park Bank was ever lost to a deposition.
For any information or suggestions, address
The LanoiIIe County Savings
Bank and Trust Company
CAppoTr @ D.Cr
OAi'I e1ssias =, PAON Hyde Park, Vermont