The Ann Arbor Savings Bank
THE ANN ARBOR SAVINGS BANK
ORGANIZED MAY 1869
ANN ARBOR, MICHIGAN
Capital ..... $50,000.00
Additional Stockholders' Liability ..... 50,000.00
Surplus and Undivided Profits ..... 175,000.00
Resources ..... 2,000,000.00
The New York Financier in its published "Roll of Honor" of the State Banks of the United States places the old and reliable ANN ARBOR SAVINGS BANK in its list in order as follows:
1st in the City of Ann Arbor
1st in the County of Washtenaw
1st in the State of Michigan
18th in the United States
This high and honorable financial position has only been attained under the most conservative management and paintaking fidelity of its Officers and Board of Directors, who are all men of many years of successful experience and training in financial affairs. The following table shows the steady, reliable and tremendous growth of this solid, prosperous, and popular depository for the safe keeping of private, public and trust funds.
January ..... Year ..... DEPOSITS ..... RESOURCES
" 1890 ..... $529,000.00 ..... $690,000.00
" 1891 ..... 619,000.00 ..... 791,000.00
" 1892 ..... 742,000.00 ..... 929,000.00
" 1893 ..... 832,000.00 ..... 1,031,000.00
" 1894 ..... 830,000.00 ..... 1,031,000.00
" 1895 ..... 925,000.00 ..... 1,130,000.00
" 1896 ..... 949,000.00 ..... 1,152,000.00
" 1897 ..... 1,042,000.00 ..... 1,244,000.00
" 1898 ..... 1,179,000.00 ..... 1,383,000.00
" 1899 ..... 1,240,000.00 ..... 1,445,000.00
" 1900 ..... 1,398,000.00 ..... 1,600,000.00
" 1901 ..... 1,425,000.00 ..... 1,628,000.00
" 1902 ..... 1,522,000.00 ..... 1,736,000.00
" 1903 ..... 1,752,000.00 ..... 1,972,000.00
February, 1903 ..... 1,780,000.00 ..... 2,010,000.00
Three per cent interest paid on Savings Deposits, compounded semi-annually, January 1st and July 1st. Drafts and Letters of Credit issued directly by us [in] all parts of the world.
A General Banking Business Transacted
Safety deposit boxes of the most modern construction. Absolutely burglar and fire proof.
$3.00 to $10.00 per year
A $3.00 box will hold a fortune and you hold the key.
We respectfully solicit your banking business, assuring you the same conservative management and fidelity to you interests in the future as in the past. We take this occasion to extend our thanks to the public whose patronage and confidence as made the above splendid showing possible.
Board of Directors
Chas. E. Hiscock,
Wm. D. Harriman,
William Deubel,
Chas. H. Worden,
David Rinsey,
Walter C. Mack,
Michael J. Fritz.
Officers
CHAS E. HISCOCK — President, Term of Service 33 Years.
WM. D. HARRIMAN — Vice-President, Term of Service 30 Years.
MICHAEL J. FRITZ — Cashier, Term of Service 20 Years.
Article
Subjects
Old News
Ann Arbor Argus-Democrat