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Postal Savings System ends July 1 1967
Citizens with funds in the abolished Postal Savings System must withdraw or convert to U S Savings Bonds by July 1 1967. Carbondale Acting Postmaster Ervin Sullivan urges locals to convert deposits at any post office. About 930000 Americans hold 285 million in postal savings. unclaimed funds will be transferred. The drive seeks to move money into government backed bonds as private banks offer higher rates and longer hours.
MENTIONED IN THIS ARTICLE
U.S
Carbondale
Ervin Sullivan
Sullivan
Thej
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Treasury Department
Coun
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