The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1925-12-03
S378,5OO XMAS
SAVINGS GO OUT
KenOsha Banks This Week
Mail Checks to 5000
Members.
$4,000 OVER 1924

The Christmas shopping budget of
$500 Ken0sha people will be augmented
by $378,500 this week when the banks
of the city will mail out checks total
ing that sum to Kenosha depositors
who have faithfully paid in to Christ
mas funds for the past fifty weeks
These were the figures given out today
by the four Kenosha banks after total
ing the checks which will go out in
the mails and will reach patrons in
time for weekend shopping.
While the sums given out by the
banks are in round figures, the amount
will possibly slightly exceed the
$378,50O rather than fall short. Al
any rate it is practically $4,000 in
excess of the amount of savings paid
out year ago and is sufficient to
make many Kenosha homes happy as
the Christmas season approaches.
Checks will be mailed tomorrow and
Wednesday and should reach fund
patrons by Thursday or Friday.
400 at First National.
The First National bank reports
that it has, in round figures, 4,70C
Christmas savings accounts which are
being closed this week. The sums
deposited in these accounts by First
National patrons reaches total Of
placed in round figures at $4,000
including the interest earned by each
depositor. The amounts of check:
to be mailed range from $12.500 tt
$500 each.
TIL @TTo;+oI c+o4o. NIo+;o.1 ho.I- &
preparing to distribute $4,000 to 1,21;
accounts. The checks which will gc
out to Christmas savings patrons from
this bank are all in substantial sums
which will be appreciated by the de-
posi6ors as a nice addition to theil
holiday shopping funds. Checks viii
go out from this bank tomorrow
or Wednesday.
The Brown National bank is prepar
ing to make between 1,700 and 1,80t
Christmas saving depositors happy
with checks which will total, in rounC
figures, $4,000. This is the approx
mate sum represented in the check.
which this ,ank will mail out tomor
row or Wednes lay. This sum is in
elusive of interest which has &C
crued on the deposits since the funC
started fifty weeks ago.
Exchange Bank Has $16,50O.
From the Commercial Exchange
bank a sum totaling approximately
$16,500 is going out this week to 1886
Christmas savings depositors. This j:
the total number of Kenoshans whC
have saved that approximate sum il
this bank throughout the past fifty
weeks, and it represents the result:
of the first years Christmas savings
at this institution.
All checks going ont, coming as they
do at the pre- Christmas shopping
period, are going to be most welcome
in the homes of the 8,100 Christina:
savings depositors, and many Keno
shans who might otherwise have dull
Christmas, are going to be happy thi:
year. The checks in all cases carry
the interest earned on deposits during
the fund period, which in many in
stances is in itself a substantial
figure. The average per account
is about $50.
Last year the total of Kenosha'.
Christmas savings in tthe three bank:
then doing business was approximately
$35O,000, showing the deposits this
year to be $28,5O0 in excess of yeal
ago. The First National year age
had $500 Christmas accounts totaline
$205,000. The United States Nationa
had 1900 accounts with total o.
$4,000 distributed. The Brown Ma
tional bank in 1924 sent out Christ.
mas checks totaling 100000 to 1906
depositors.
AS this years checks are sent out
the banks are all announcing con,
tinuance of the Christmas. saving:
plan to start at once for next year.