The Daily Banner, Greencastle, Putnam County, 2 January 1928 — Page 4

THF. OREFNCASTLE DAILY BANNER, SATURDAY, DECEMBER 31, 1927.

Facts About Bank Accounts

Banking service is merchandise, for sale to the public, just as groceries, dry goods and other merchandise are sold, presumably at a profit to the merchant. Quality merchandise costs more than cheap merchandise because it is worth more and is sold on a lower margin of profit than the cheaper grade. The Central Banks sell GOOD merchandise in the high standard of banking service rendered.

THESE ARE SOME OF THE FEATURES OF “CENTRAL BANK SERVICE*

1. Large Capital, Surplus and Undivided pj'ofits— (stockholders interest in the business)—$300,000. or about $1.00 of our money to $6.00 of depositors money—twice the usual ratio regarded as sound banking. 2. Exceptionally large cash and liquid reserve amounting at the time of our last published statement to $1,177,875.00 to pay $1,747,139.00 deposits on short notice. Less reserve would be far more profitable to the bank. 3. The experience of 45 years of Safe banking—the Central Banks have a reputation to maintain. 4. Protection provided by modern mechanical and vault equipment, identical with that of the large metropolitan business centers. Ample insurance protection and other precautions against loss by robbery. Every officer and employee bonded by one of the strongest Surety Companies in America.

5. Checking accounts for your convenience and safety. Savings accounts and Time Certificates to help you save safely. (rOOD investments for your surplus funds. SAFE deposit boxes for your valuables. The convenience of doing business by mail. And last but not least (possibly more important to you than any other service)—

(>. The resources and the willingness to extend credit year in and year out on sound banking principles to advance the business interests of our depositors—helping the man who is helping himself. The Central Banks are NOT fair weather banks. The advantages of establishing your credit with such an institution by “(’entralizing” your banking business here on a mutually profitable basis should be apparent, as it is to some 5000 discriminating depositors of Oreeneastle and vicinity.

But a bank cannot render good service to its depositors if too many of its accounts are unprofitable. Realizing that few responsible people are looking for something for nothing, we are asking our depositors to maintain a balance with us which will enable us to serve them to their advantage and without too great a loss to the bank.

Analysis of thousands of accounts in banks throughout the country show that the average checking account having more than six checks per month and an average balance of $150.00 loses money for the bank. We are asking our depositors to maintain checking balances which will permit them to enjoy the advantages of a connection with these STRONG banks. For those persons whose business will not permit them to increase their balance we have adopted a schedule which will place the “CENTRAL BANK SERVICE” at their disposal at a nominal charge, therefore

Effective Jan. 1, 1928

Checking accounts having an average balance for any month under $75.00 will be charged .50c for that month, except that no charge will be made if no checks have been paid during the month.

By computing the average balance rather than the minimum balance of $75.00 our depositors will have the advantage of off-setting the days when their balance is below $75.00 with the days when the balance exceeds $75.00.

The average balance will be computed from the 25th to the 25th of the month.

Savings accounts will not be subject to a service charge. As a safeguard to depositors, checks on Savings Accounts will not be honored without the pass book. Withdrawals may be made at the bank by presenting pass book and in accordance with rules printed therein. Withdrawals may be made by mail if pass-book accompanies check.

A charge of ,50c will be made for checks returned unpaid because of “Insufficient funds.” An exchange charge on all drafts and cashiers checks purchased by non-depositors will be made on the following basis:

Up to $25.00 (minimum charge) 10c $25.00 to $100.00 ‘. .25c Each additional $100.00 or fraction thereof T0c Savings depositors are urged to present their passbooks for the credit of interest accrued January 1st 4% and Safety.

1 National Bank Trust Company

express their appreciation of the confidence and good

will of their clients and wishes you a

==3£

truck tumH ov Pr ,

DEMOTTE — Citizens and business nun here are sriving; aid to farm ' families whose homes and lands have been damaged by the recent high waters of the Kankakee river in this action of Jasper county. One store i >elling goods to the sufferers at cost, and the local independent basketball team is playing benefit games.

to the ground. The hot J

raged and attacked the clubbed it to death.

CALUMET CITY —Cope Bradke, .f this city, got drunk and started iriving through the city in a zig-zag r .ute with his automobile. Two poce oen overtook him after a little base. When the two officers forcii iy held him he became enraged and almost bit one of their fingers off. He is charged with resisting an officer. being intoxicated, and biting the blind of an officer.

PRINCETON — When a customer walked into Charles Martin’s department store here and asked for a dozi bananas he discovered a snake. Martin was about to pull the bananas from the bunch when the snake uncoiled itself. It was about two fe.d long, grey with brown stripes, unknown species to any of the city. Martin killed the snake and proceeded selling the bananas.

KOKOMO - The hev son, pastor of the Bearr ‘ ist church here, has refu. $26,000 by capitalizj ni , p lance to the late preside Wilson. The pastor, a , live of Woodrow Wilson J offer to appear in a tnoJ at Hollywood, Calif., ; n 1 late President will U a

MORE definite

EVANSVILLE, Ind., Ja j

—Net-king is from the r-,

petting is limited!

Such is the concensus of J pressed by students of ;

College, the Centiol

a second lieutenant at tb; Military Institute, Sweet** visiting here during the b,

“Necking is a harmles. ■

affection ,-uch as ki- ingc^™ night, or hugging her," JH

I A FAYETTE — Dr. K. Lark Korovitz, internationally known physicist, will join Fhirdue’s faculty next s-i-nr-f ster. Me plans giving a series of three lecture courses in physics, tw-> - f which will be for university credit and the third a group of nine lectures, of a remi-popular nature, which will lie open to anyone interest'd and for which no university credit will be given.

preferred to remain “Petting, on the other a S Ing in the extreme, whn. j i into the vulpar, verging • 1

ality.”

“It’s hard to tell where line between necking and declare:! George I: g|,. s rs Hi-Y senior, who recent a conference of the In t Boys’ group at Bhnminr the subject of boy-' an $ tions was discussed at would define petting a- vJ -tage of necking althour I va>t difference b-rweer. j

HUNTINGTON — Barbers here When one think of neck.r,f|j | became imbued with the Christmas of almost every girl he gi 3 spirit last week and gave free hair- hut when he thing- of ptl cuts to the needy. thinks of a few girls wkcM

—o— greater privileges and ;hmE TERRE HAUTE— Attorney Orph “The girls are not

Mall has filed a $500 damage suit fact about the matter, here against Paul Demming and “Necking or petting are a James Orndorff. The two men were sible when its a) case of t hauling one of his hogs in a truck declared Marion Herr, pr>

and because they were drunk the High School senior.

HAPPY NEW YEAR

To our old friends, loyal and tnie.tojpj our valued friends, and to those whose friendship we strive to de-l serve we heartily wish unmeasured^ happiness and good fortune through-B out the coming year.

TODD’S TOGGERY

The Store for the Lad and His Dadl

i_.

Heartiest Wishes For A HAPPY NEW YEAR

May your cup overflow with t! blessings of comfort, friendship love; and your every effort be crowi| ed with splendid success.

F. C. Schoenman

Rhone 422.

The Jeweler. 11 B; Washing