On Savings Deposits Interest Offer
The document states a 4 percent interest rate on savings deposits with compounding twice yearly. It presents a straightforward savings incentive highlighting the annual percentage yield and compounding schedule.
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Newspaper
Elgin Echo
Location
Elgin, Iowa, United States of America
Date
Jan 18, 1912
Page
5
The document states a 4 percent interest rate on savings deposits with compounding twice yearly. It presents a straightforward savings incentive highlighting the annual percentage yield and compounding schedule.
Tuesday marked the Golden Wedding of Mr. and Mrs. John Horstenson Groth who celebrated fifty years of marriage with relatives and friends from near and far. The 78 and 73 year old hosts enjoyed gracious hospitality, abundant refreshments, and many valuable presents as attendees offered best wishes for happiness ahead.
School notes report mumps-afflicted students returning to desks and a strong program by the Sacs in the Grammar room. Frances Skarshaug returns after ten days, L L Kiple breaks a bone, and Dr Hadser treats him. District contest results place Helen Nicklaus and Walter Draewell for Fayette event. Clermont hosts contestants amid travel uncertainties.
The Fayette Reporter records Elizabeth Alexander wedding to George F. Korinek B V Sc set for December 27, 1911 at Stayton Oregon. Elizabeth is the publishers’ daughter, the first to marry, with congratulations from the paper and family members. Prof Holden announces a run for governor on the Republican ticket, claiming no Standpatter or Progressive ties.
The article promotes careful spending through bank deposits. It urges salaried workers to open accounts at Citizens' State Bank, with as little as one dollar starting an account. It notes that a bank account encourages budgeting and that 4 percent is paid on time deposits.
Citizens' State Bank of Elgin Iowa announces a basket social at Center schoolhouse district 6 on Saturday evening January 27. Helsu Nelson, teacher, extends a cordial invitation to all attend and support the event.
Supervisor Gunderson traveled to Oelwe on county business Tuesday while reminding residents of a 15 percent discount on all dry gates and Rubyer products.
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