P.O. SAVINGS BANK
I Seventy-Five Years Old PROGRESS IN BRITAIN British Official Wireless Service. RUGBY, September 17. The Post Office Savings Bank opened 75 years ago to-day and from tho beginning the bank has made uninterrupted progress. When the bank opened in 1861, 300 post offices wore authorised to conduct savings bank business; within three months the number was 1700 and to-day it is 16,500.
There are now some ten million depositors and the amount owned by them exceeds £114,000,000. The average deposit of £4l compares with £3l five years ago, an indication both of the more prosperous condition of the country and the increased popularity of the Savings Bank.
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Bibliographic details
Hawke's Bay Tribune, Volume XXVI, Issue 236, 18 September 1936, Page 8
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110P.O. SAVINGS BANK Hawke's Bay Tribune, Volume XXVI, Issue 236, 18 September 1936, Page 8
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