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Ann Arbor Bank's new $500,000 computer, September 1963

Ann Arbor Bank's new $500,000 computer, September 1963 image
Published In
Ann Arbor News, September 14, 1963
Bank Computer Operational: Ann Arbor Bank's new, $500,000 computer setup, which automates all accounting practices at the bank, is now operation in a remodeled third floor location at the bank's Main and Huron Sts., office. Special accounts are now being processed by the computer and regular and other accounts will be processed by the computer by the end of the year. Shown are the computer's sorter (background) and printer. The IBM computer setup is made up of eight units, taking up much of 800 square feet of floor space. It will issue monthly statements.
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