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CROMWELL POST-OFFICE SAVINGS BANK

The following are the regulations regarding the management of the above-named institution, and which are also applicable to all the other Post-office Savings Banks in the Colony : 1. Interest at 5 per cent, per annum is given on sums less than L.200 ; at I per cent, on sunn over L 200 and not exceeding L.500 ; and in the same proportion for any shorter time on every complete L 1 deposited. No interest is allowed on more than L.500. 2. Depositors iu Post-office Savings Banks have direct Government Security for the prompt re-, payment of their money. 3. A depositor in any Post-office Bank can continue his deposits at any other, and can withdraw his money at that most convenient to him. 4. The strictest secresy is observed with respect to the names of the depositors, and amounts o( their deposits. 5. Married women may deposit money in Postoffice Savings Banks, aud money so deposited will be repaid to the depositor, unless her husband gives notice, in writing, of marriage, and claims payment of deposits. G. Money may he deposited by or on behalf of minors. Depositoi s over seven years of ago arc treated ns persons of lull age. hut minors under seven years of age cannot withdraw their deposits until they have reached the age of seven. 7. Applications to the chief office in each Province on the business of Post-office Savings Brinks and the replies scut thereto, arc free fi 6m I or postage.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CROMARG18700413.2.24

Bibliographic details

Cromwell Argus, Volume I, Issue 22, 13 April 1870, Page 6

Word Count
250

CROMWELL POST-OFFICE SAVINGS BANK Cromwell Argus, Volume I, Issue 22, 13 April 1870, Page 6

CROMWELL POST-OFFICE SAVINGS BANK Cromwell Argus, Volume I, Issue 22, 13 April 1870, Page 6

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