The Archive · 1935

Underwriters Savings Bank

At the regular meeting of Board of Directors of the Undi writers Savings Bank held in the of-fees of the bank, 17 The Bund, on January 24, the President presented the Bank's audited st our ending December 31, In his report the President noted the steady growth of the bank during the year. The total assets on December 2, vere, $0001.14. 4 gain of 22 per cent. Deposits increases from $4,207,517.08 "in 1933. to" §5,904,- 608.06 in 1984, an increase of 28 per cent, The number of accounts in: creased from $088 in 1983 to 7058 1084, or 40 per cent, The Interest pald to depositors in 1994 was $211,016.04 as against $177. 420.11 In the previous year.

The bank's balance sheet shows 0 higher degree of liquidity than

Text read from the printed page and cleaned; old type leaves the occasional error.

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