The Washington times., 1925-03-21
FRANKLIN BANK
HAS RAPID
RISE
Present D. c. Institution In
creased Deposits 81, 900. 900
Within Ten Years
By RICHARD HATTON.

On all the broad length OF the
most historic street in the United
States, world.famous Pennsylvania
avenue, between the Capitol and
the Treasury, 1t Is q remarkable
fact that there Is but one great
banking institution. This Is the
Franklin National Bank, which
stands at the corner OF the Avenue
and Tenth street, facing the triangle
wherein stands statue Of that
early American patriot and states
man from whom the bank takes
its name, Benjamin Franklin. The
bank building is a substantial
specimen OF the sturdy architecture
OF an earlier day. and 1t is es.
pecially noticeable that, because Of
the shape OF the building, which &C.
cupies triangular plot OF ground,
the banking and other offices have
the benefit Of light from three sides.
The Franklin National Bank was
organized in 1914. and the new in
stitution purchased the property
and good will OF the branch OF the
United States Trust Company. which
had been located at the corner now
occupied by the Franklin Bank, for
over q quarter Of a century. 'rhe
deposits OF the Franklin National
Bank when it was opened TO- bust
ness were approximately 81 ,0OO, 900,
while today they are over IS ,000, 0a1.
The success OF the bank and the
wisdom of its direction and manage
ment, and its constructive business
methods could be no more strongly
emphasized than by this increase of
some 400 per cent in its deposits
In approximately ten years Of SER
vice.
Accounts Many and Active.
All branches Of a general bank.
ing business are carried on by the
Franklin National Bank. Being To-
Gated in a distinctly business dis
frict, 1t carries a large number OF
commercial accounts, although its
patrons embrace citizens living in
ell sections OF Washington and IN
all walks Of life. The bank min
tains an attractive and fully equipped
branch office on Connecticut ave-
nue. northwest. located next to the
new Mayf1ower Hotel. This office
Is for the convenience Of the banks
many patrons in the northwest Sec
ton and It carries a large number
Of both business and personal &C.
counts. 1t provides special and
convenient facilities, including a
private office for women patrons.
The location Of the main office of
the Franklin National Bank is espe- |
cially convenient for the many bust
ness houses In the district, and, |
for those who drive downtown TO
do their banking business, there is
always parking space near the
bank building by reason of the
numerous broad streets that center
about 1t.
The large safe deposit vaults of
the Franklin National Bank are of
the latest security construction and
afford modern protection. All book
keeping Is done in large, light If
fees on the second floor Of the
building where the clerical force is
also located.
Pneumatic Tube System.
Complete and almost instantane-
Gus communication between the up
stairs offices and the business
counters is maintained by means ef
q system Of pneumatic tubes which
- one OF the most efficient, as we'll
- one OF the mosx unique. features
OF the banks business methods.
The bank maintains foreign ex-
change department, a savings ac-
count department, and was one Of
the first banks in the city to estab-
lish a Christmas savings fund.
Thrift Is power, save and SUE.
ceedr' proclaimed the great states.
man after whom the Franklin MAJ
tional Bank is named. The bank
holds by the philosophy OF BENJAMIN
Franklin and impresses upon all
who seek its service the value Of
thrift In the building OF a success
full life.
That Washington is destined to
become greater city in the near
future Is the belief OF Thomas p.
Hickman, vice president and cashier
of the Franklin National Bank.
Mr.. Hickman is also a firm believer
In the future OF the particular dis.
Observation-Disclosures