Evening Republican, Volume 15, Number 197, Rensselaer, Jasper County, 21 August 1911 — RENSSELAER TO HAVE A POSTAL SAVINGS BANK. [ARTICLE]

RENSSELAER TO HAVE A POSTAL SAVINGS BANK.

Announcement From The Postoffice Department Says Bank Will Be Established Here Sept 19th. Rensselaer is to have a postal savings bank. According to a dispatch from Washington the postofflee department has issued orders to have a bank established here on Sept. 19th. In fulfillment of the national pledge of the republican party a law was passed by congress two years ago, providing for 'the establishment of postal savings banks. A number have been started in various Indiana cities, largely in factory towns where foreign labor is employed. From reports they are working satisfactorily. Money can be deposited with the postmaster after the bank is established, and it is re-deposited by him in a local bank, the depository bejng selected by the government.