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I opened it, and saw it was a savings bank.
However, the life course ' savings bank ' effect provides the basis for a generalised commitment to welfare.
He showed me a very large building, which he mentioned was a savings bank.
I asked how could a small town like that afford a savings bank of that kind.
Is not that exactly what the trustee savings bank demands here?
There have been three changes in minimum deposits and purchases for national savings bank accounts and premium bonds since 1990.
The custom there is to pay the money into the savings bank on account of the child.
These societies act, as a trustee savings bank acts, for a considerable percentage of the population.
The fact is that to-day there are no very special privileges attaching to an account in a trustee savings bank.
They have overlooked the necessity of providing for a mass of other savings bank legislation, which it would be necessary to apply.
If he puts it into a trustee savings bank, what interest does he get on that £500?
On the other hand, if he put a similar sum into a savings bank it is counted against him.
We have 58,000 depositors to-day in that savings bank alone, with an average balance of £102.
I do not think that the term "trustee savings bank" will last very long.
It provides 13 more kinds of investment for a trustee savings bank.