The Washington times., 1925-03-07
B A n K
SERVES EAST
WASHINGTON
ONLY National Institution in
D. c. That Has No Saw
ings Department
Nv RICHARD HATTON.


Of the District Of Columbia is the
National Capital Bank Of Washing
ton. This institution was estab-
Hsbed in 1889 by John E. Herrell
and a number OF progressive bust
ness men of east Washington to
meet the growing needs for q bank
ing house in that section sof the
eiry. Previous to the establishment
of this bank, the section OF the city
living east Of the Capitol was greatly
handicapped in its banking facili.
ties.
The original banking quarters OF
the National Capital Bank were at
the corner Of Third street and
Pennsylvania avenue, but, in 1890.
the bank completed its handsome
new building at S16 Pennsylvania
avenue southeast, and on September
first OF that year it moved to its
new location.
The National Capital Bank is the
only bank In the city that does not
maintain a savings department. In
this it occupies an original position
among the banking houses OF the
District, However, some twenty
years ago the officers and. directors
OF the institution, finding an ex-
pressed desire upon the part Of the
patrons of the bank for the facili-
ties OF q savings department, met
the requirement OF the time by or
ganizing the East Washington Saw
ings Bank, which is located almost
next door to the National Capital
Bank, and which is connected with
ii in the closest cooperation for the
benefit Of the patrons Of both in
situations.
Banks Cooperate.
The East Washington Savings
Bank does a strictly savings bust
ness, while the older. institution
meets every need Of the business
ana commercial activities Of its
patrons. Between the two banks
-Rad throughout the section Of the
city which they serve, there Is a
strong feeling Of community inter-
est and the most satisfactory CO.
operation.
The present building occupied by
the National Capitol Bank is q
handsome structure combining all
Of the security required in a bank
ing institution with a stately archi-
lecture which adds to the beauty Of
the district and is representative
OF the strength OF the institution.
The main banking room with its
high ceiling and its conveniently
arranged offices and business
counters might well be taken as q
model by other banking houses
and the safety deposit department
combines the strength and security
necessary in this branch OF banking
business with the convenience Of
ready accessibility.
There are special facilities pro-
Vided for women patrons of the
bank and every assistance is given
by the officers to women depositors.
Many household accounts are car.
ried by this institution by reason of
its convenient location in the north
east section which has been steadily
growing in the number of it's home
and business houses in recent years.
III. III. Mckee Heads Bank.
President Henry H. Mckee, who
10 at the head Of the affairs Of the
National Capitol Bank, is q firm
believer in the future Of the south
east section Of the city. He pointed
today, to the great number Of new
homes and the many business build.
ings which have been erected in
this section OF the city. in recent
years as evidence Of the growth
and development now going On and
predicted that there would be a
continuation of this Improvement In
the future. General business con.
ditions in the southeast, he said,
were sound and he foresaw con-
tinued expansion both in the cree.
ton of business buildings and
homes.
There is noticeable air of friend.
illness about the National CAPITAL
Bank which seems to be typical of
the spirit Of the southwest and
which at once makes the patron
Of the institution feel at ease and
confident of the interest of the
officials with whom the banking
business Is carried on.
The assets Of the National Cant.
tai Bank are well over a million
and a quarter dollars. It has de-
posits of $1,633, 419.34. The officers
and directors of the institution are:
H H. Mckee, president; 8. G.
Eberly, vice president s. H. Eakler,
vice president; H, c. Stewart. cash
Ter; d. d. Walker. assistant cashier;
Charles Carry, Allen c. Clark,
Clarence F. Donohoe, John B. Earn
shaw, Samuel G. Eberly, Lewis
Flemer, w. P. c. Hazen, August
G.. Hermann, Walter II. NARROW,
II. H. Mckee, James l.. Parsons,
w. A. Simpson, S. H. Walker,
NJ. A. Weller and John c. Yost,
directors.
OBSERVATION-DISCLOSURES