Word: depositors
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Dates: during 1950-1959
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...started to hustle. "We have nothing to sell except service," said Lewis. He was one of the first to install business machines to help tellers figure accounts rapidly, in 1956 ordered an all-electronic bookkeeping system. And when most banks limited the number of checks a depositor could issue without charge in any one month, Lewis' slogan was "checks without charge for household bills...
...into law to protect the funds of victims of Nazi and Fascist persecution. Anyone can open a secret account in a Swiss bank, get a code number for all his transactions. The secrecy code is so stringent that the Swiss tax collector himself dares not inquire about a depositor's account...
FREE LIFE INSURANCE is gimmick being offered by banks, savings-and-loan associations, to attract new savings accounts. Banks insure life of depositor in amount of his savings, up to $5,000, usually require no medical exam. Some banks absorb premiums, others cut savings interest to make up the premiums...
...Banking. At the Mechanics and Farmers Savings Bank, Bridgeport, Conn., Mosler Safe Co. has installed a closed television circuit and loudspeaker system connecting an indoor teller's cage with a curbside depositor's booth. Deposits and receipts are sped through a 100-ft. pneumatic tube. Mosler plans eventually to install remote-control bank booths at subway and rail stations, main intersections...
Check Records. A checkbook with carbon paper inserts similar to a sales-slip book was put on the market by Mor-Ezy Co. of Dallas. When a depositor writes a check, the carbon copy serves as a record...