The united opinion. [volume] (Bradford, Vt.) 1881-1970, 1920-12-31

Their Savings, and Why?
What are the Earmarks of Superior
Strength andSafety ina Saving Bank?
NUMBER TWO
article appearing in this paper last week. ask
ed the above questions The reply then made sub
stantaly covered by the following paragraph:
will place my deposit in that Savings Bank which up
careful inquiry and investigation finally conclude to be
the best managed strongest and safest My motto shall al
ways be:
SAFETY FIRsT-sAFETY LAsT-sAFETY ALWAYS
THE BEST is NONE TOO GOOD-THE STRONGEST NONE
TOO STRONG"
emphasizing the fact that the Lamoille County Saw
ings Bank carried larger proportion of its assets IN United
States Bonds than other Vermont Bank and there
fore prominently strong, made of the following
language:
THERE ARE FIFTY-NINE SAVINGS BANKS IN YER
MONT. WITH A SINGLE EXCEPTION, NOT ONE OF
POSTS IN UNITED STATES BONDS AS THE HYDE PARK
BANK"
We wish refer another strong feature of that
Bank it's very large surplus shown by the last printed
report the Bank Examiner Here the
facts shown by that report
OUT OF THE ENTIRE THIRTYTHREE VERMONT
SAVINGS BANKS ORGANIZED SINCE THE INCORPOR:
AND TRUST CO.; IN 1889, THERE ARE BUT Ino TWO
WHOSE PERCENTAGE OF SURPLUS TO DEPOSITS
EQUALS THAT OF THE HYDE PARK BANK.
Now, what conclusions may be properly drawn from
this fact Every experienced banker knows that there
two kinds OF bank management One insists that the sur
plus of the Savings Bank be conserved and laid aside
safety fund to guard against and for and
possible loss to the end that the absolute safety of the de-
postor shall always be the paramount consideration and
management distribute surplus passing along
from time to time as dividends to individuals III is UN:
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 and when the prospective depoOr
the import of this unusual caution and conservatism he is
inevitably forced to the conclusion that the Bank which
stands out foremost and preeminen for conservatism is
other things being equal the where he would deposit
part at least of his savings.
Having amplifed upon two especially high points of
financial strength in the Hyde Park Bank its high quality
of bank and its large surplus purpose next
article give the reader third why Savings Bank
deposors should prefer place portion of their savings
in the Hyde Park Bank
Meanwhile perhaps do better in closing this
article than to repeat what said in last Here 1t
"FinaIy if the reader does not deem it good policy to
place all his eggs in basket but rather concludes 70
be the wiser and better divide his savings the
different Vermont Banks he will deposit part
of those savings in the Old Hyde Park standby
We again cordially invite share of your deposits and
again suggest that deposit is small not to be thor
Oughy appreciated We would be most happy ii had at
least a small deposit from every Vermont family.
What finer thing you do than to start small
count with the Hyde Park Bank by making Christmas
New Years present of S1.OO, $1,000 larger sum
Let the deposit he in the of yourself better still
perhaps in the of daughter, wife huS
band, and commence the New Year by becoming banker
ABE
BANK.
Banking by mail is regarded absolutely safe.
Your deposit should be sent by check postal
money order or by registered letter.
In than thirty-One years of business not dollar
sent by mail to the Hyde Park Bank lost to