| Show Sa Xa SSXiXS SSX I ZIONS SAVIIMGS BANK i s f S AND TRUST COMPANY At tho head of nil savings banks Jn Utah tIm ono which comrs last In the alphabet but first In wink both as to capital and deposits Is Zlono Saving Bank and Trust company No 1 Slain street Sell Lake City This bank was established August 0 t IS73 cad since that time baa opened 24 107 savins1 accounts with dcposlta tissro sratlngr 342C0CC Those deposits have bn received from all sections of tho country coun-try although tho bulk have boon morlo by residents of Utah Deposits am received re-ceived in any amount from 103 to S50JOOO and interest paid thnreon seialannyally at the rate of 1 per cent per annum Larger amounts are received only upon special arransrements with the president or cashier Tim Increase in depOsits In the last flvo years has been most remarkable amountlner to eighteen hundred thousand dollars with each year showing an increase In-crease over Its predecessor A olmUar Increase In-crease has boon noted In tire number or new accounts opened The policy of the bank Inns boon to always al-ways pay tIm highest Interest possible under un-der conscrvallvo banking and to loan only on best tocLUlly and at the lowost znarItt rat CD according to class of loon desired by the borrower Another point has been to penult borrowers to repay loans or any part thereof as rapidly ac they were able Although this nmkcs moro vwjrlc for tljo employees of the bank It has been of great advantage to the borrowers enabling ena-bling then as it has to make reduction of the Uidebtcdtiosa at convenient times and to no avoid the dlffoulty of being obliged to pay the total loan at once This advantage to bonrowors Inns so popularized popular-ized the bank as to moro than make up any loan rcaultlng from payment of loans befdrc maturity rite present officers of the bank aroi Joseph Prf Smith president Antbon II Lund vicepresident George M Cannon cauhler and LeWis M Cannon assistant cashlor while Its board of directors con tilsts of the following wrtlknown real dents of Salt Lake City DIRECTOPS Joncph F Smith Anthon II Lund T Q Webber James Jack John T Calne L John NutmJI A O Woodruff John R Winder Angus M Cannon Francis 3L Lyman Goorgo RoynoldB Angus J Cannon Can-non Hirum if Smith |
