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Henderson Daily Dispatch
Henderson, Vance County, North Carolina
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The Industrial Bank of Henderson distributed around $17,000 in Christmas savings checks to approximately 700 depositors, marking the largest such club in the bank's history. The 1941 club is now open.
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Approximately 700 depositors today received an aggregate of around $17,000 in Christmas savings money in checks mailed Saturday by the Industrial Bank of Henderson. Cashier M. W. Wester announced. It was the largest Christmas club the bank has yet conducted, and along with the distribution was announcement that the 1941 club is now open.
The largest checks, of which there were a few, were for $256 each, representing weekly deposits of five dollars, and the smallest was $12.50, which was accumulated by 25 cents weekly deposits.
Some depositors returned all or part of their money to regular saving accounts, and others prepared to spend it on Christmas purchases.
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Henderson
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distribution of approximately $17,000 to 700 depositors via checks mailed saturday; largest christmas club conducted by the bank; announcement that the 1941 club is now open.
Event Details
Approximately 700 depositors received an aggregate of around $17,000 in Christmas savings money in checks mailed Saturday by the Industrial Bank of Henderson, as announced by Cashier M. W. Wester. The largest checks were $256 each from $5 weekly deposits, and the smallest was $12.50 from 25 cents weekly deposits. Some depositors returned funds to regular savings accounts, while others planned to spend on Christmas purchases.