Salt Lake Telegram | 1930-01-02 | Page 7 | Today is the Anniversary of Postal Savings Banks

POSTAL SAVINGS BANKS On Ott January 2 Z 1911 the po postal lal I savings banks opened This system provides s for th the tho deposit de tie- I posit of ot savings at interest with tho the of or tho the United States Stales government goy gov oY- oY for repayment on demand Simple Inter Interest st at the thc rate of ot 2 Percent per percent percent cent per pel annum Is paid At Al the end of or the fiscal Ucal year ear InS postal savings were received re re- re at depositories and there was was remaining to the credit of ot depositors de do- tIme tho sum Bum o of Today Toda also is b N the annl lr of th the ratification of the States constitution L by Georgia orla on January C. C 1253 And nd on Ti January 2 1776 the Colonial Co Co- Co- Co lonial flu flag was first raised