News and citizen. [volume] (Morrisville, Vt. ;) 1881-current, 1920-12-22

Savings Why? and the first thought which comes
to the prospective depositor is the
QUALITY of the BANKS ASSETS
The duty of every Savings Bank is:
FIRST, maintain it's always the very top
in point of quality"
SECOND, to keep it's assets always where they
respond without moments delay, every call of every
depositor whenever he wants his money.
THIRD, to keep its assets always where they
promptly respond to every legitimate need of the borrow
ing public.
The proper function of Savings Bank is stand
between those who have money lend and those who
need to borrow and that bank does properly function
which does not keep its where they immediate
y available every cawithin its proper field
for loanng the public requires for its legitimate
: lines of business.
But is equally that Bank does properly func
ton 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 stands foremost and prominent
in its preparedness for and financial emergency
fact everywhere recognized that in times of fnan
ca United States Bonds the sheet anchor
which the public depends and which goes financial sup
port and strength.
In the history of Banks States Bonds have never
failed to bring the cash and other things being equal follows
logically that that Bank strongest financially which carries
largest percentage of its assets in u S. Bonds.
There is getting away from this fact. No can
truthfuy gainsay this statement 1t is absolutely
Now, what are the facts as they relate to the Hyde
Park Bank Here the figures taken from the
Bank Commissioner latest report.
There SO Savings Banks in Vermont of which,
with single exception, not CARRIES AS LARGE A
PROPORTION OF IT'S DEPOSITS IN U. S. BONDS AS
THE HYDE PARK BANK. Let us emphasize this fact by
adding that the aggregate of United States Bonds held
Is of the SO Vermont Savings Banks do equal the
holdings of the Single Hyde Park Bank.
subsequent article refer
Bank"
Meanwhile invite the consideration of the
deposng public to the uperatvey strong position of the
Hyde Park Institution.
Finally. if the reader does it good policy to
place all his basket but rather concludes
the and better divide his savings among the differ
Vermont Banks, he will deposit part those
savings in the old Hyde Park standby
We cordially invite a share of your deposits and
suggest that deposit is small be appreci-
ated We would be most happy if had least small
deposit from every Vermont family What finer thing
you do than to start small with the Hyde
Park Bank by making Christmas New Years present
$100 So larger sum-? Let the deposit be in the
of yo 4rse better still perhaps in the of your
son, or daughter, wife husband and commence the
New Year by becoming banker.
Banking by mail is regarded as absolutely
safe Send your deposits by check, postal express
money order registered letter In more than thirty
years of business not dollar sent the Hyde
Park Bank ever lost to deposition.
m For any information suggestion, address m
The LamOiIIe County Savings Bank
and Trust Company
CARROLL S. PAGE,
President
Hyde Park, Vermont