The united opinion. [volume] (Bradford, Vt.) 1881-1970, 1921-01-07

What are the Earmarks of Superior
Strength andSafety ina Saving Bank?
NUMBER THREE
Two articles recently appeared in this paper under the
above heading Since brief review recapulaon of the
more prominent points sought emphasized by Articles
One and Two will aid in interesting the reader in Article
Three repeat few bearing upon the general
question where thrifty depoors prefer place their
money.
81 WILL PLACE MY DEPOSIT IN THAT SAVINGS
BANK WHICH UPON CAREFUL INQUIRY AND INVESTI
CATION FINALLY CONCLUDE is THE BEST MANAGED
STRONGEST AND SAFEST MY MOTTO SHALL ALWAYS
BE: SAFETY FIRST-SAFETY LAST-SAFETY ALWAYS.
THE BEST is NONE TOO GOOD THE STRONGEST NONE
TOO STRONG"
The point first made to the quality of the assets
of Lamoile Savings Bank and Trust Co. and touching
this point the article this language.
cit is A FACT EVERYWHERE RECOGNIZED THAT
IN TIMES OF FINANCIAL PANIC AND STORM UNITED
STATES BONDS ARE THE ONE SHEET ANCHOR UPON
WHICH THE PUBLIC DEPENDS AND TO WHICH THEY
co FOR FINANCIAL STRENGTH AND SUPPORT. THERE
ARE 50 SAVINGS BANKS IN VERMONT WITH SINGLE
EXCEPTION NOT ONE OF THEM CARRIES AS LARGE
PROPORTION OF IT'S DEPOSITS IN U. S. BONDS AS THE
HYDE PARK BANK"
The second point made that other things being equal
gauges of financial strength and this point the article
made use of this language
"OUT OF THE ENTIRE THIRTY.THREE VERMONT
SAVINGS BANKS ORGANIZED SINCE THE INCORPOR-
ALTON OF THE LAMOILLE co. SAVINGS BANK
AND TRUST co, IN 1889, THERE ARE BUT TWO
WHOSE PERCENTAGE OF SURPLUS TO DEPOSITS
EQUALS THAT OF THE HYDE PARK BANK"
The purpose of this third article is emphasize
another strong feature of the Bank namely, its to
respond in immediate and pressing financial
of very large volume. An exemplcaton of this
shown in the response of that Bank at time when the
Treasury Department calling for unprecedented sums
in the hour of its unparalel financial stress.
The Lamoile County Savings Bank Trust Co. respond.
ed to that call to the limit and for several weeks sent from
$4,000 s15OOOO until the grand total amounted S5OOOO
No other Bank Vermont subscribed much by than
100000 and the second largest subscription only $685.
00O Indeed there trtytwo Banks in Vermont whose
combined subscriptions aggregated less than that of the
Hyde Park Bank alone.
THE ACTION OF THE HYDE PARK BANK, WHICH
WITH SINGLE EXCEPTION, SUBSCRIBED FOR MORE
UNITED STATES BONDS THAN ANY OTHER BANK IN
VERMONT, ACCORDING TO IT'S SIZE, AND WHICH SUB
SCRIBED FOR MORE OF THE EMERGENCY LOAN MADE
TO THE UNITED STATES THAN ANY OTHER BANK RE-
CARELESS OF SIZE LARGE OR SMALL, STATE OR
NATIONAL, WAS VERY WIDELY AND FAyORABLY COM
MENTED UPON BOTH IN VERMONT AND ELSEWHERE
1T WILL BE REMEMBERED THAT THIS LOAN WAS MADE
TO OUR GOVERNMENT IN THE HOUR OF IT'S DISTRESS
AND AT A TIME WHEN THE SINEWS OF WAR WERE
BEING RAISED TO CARRY ON THE GREATEST AND
GRANDEST STRUGGLE OF THIS OR ANY OTHER AGE.
Perhaps do better in closing this article than
repeat what said in last. Here it is: "Fnaly
the reader does deem good policy to place all his
in basket but rather concludes it to be the wiser
and better way divide his savings the different
Vermont banks, he will deposit part of those
savings in the Old Hyde Park standby"
This Bank paws four per cent interest compounded
sem-annually and all taxes. Banking by mail is
regarded absolutely SAFE Your deposit should be by
check postal money order registered letter.
In its than thirtyOne of business not dollar
to the Hyde Park Bank lost the Deposition
WHAT FINER NEW YEARS GIFT CAN YOU MAKE /
TO YOUR WIFE HUSBAND SON OR DAUGHTER THAN /
A DEPOSIT BOOK IN THE HYDE PARK SAVINGS BANKl "A
START WITH A DEPOSIT GREAT OR SMALL, S1OO. $500,
L