POST OFFICE SAVINGS BANKS.

Pahiatua Star and Eketahuna Advertiser, Volume 1, Issue 9, 9 July 1886, Page 2

POST OFFICE SAVINGS BANKS.

The following are the regulation* for the nhove llanka

1. Interest at the rate of 4} ]>er cent. per annum ia (Sven <>n I *2oo and tinder; nt the rate of 4 per cent, per annnin on ■uin.* under liSOU; and in tiie name proportion for any nhorter time on every coinj.leti 1.l d.-poMted, provided that no interest hi allowed on more than LSOO- - Depositor* in the Post-Office Savings llanka :»nve dirt‘cl Government security for tho j)roriij»t j ay men t of their money. B. A (tepofuter in any one of tho Pontofhee Ranks may continue hi* de]>o»it in an> other i»f such Banks* and can with* »ira\r his money at that Post-oflice Dank which is most convenience to him. 4. rhe strictest secrecy is observed with respect to the Names of the depositor* in Post-office Banks, and the amounts of their deposits. 5. Money may he deposited by or on behalf of minors. Depositors over seven years of ape are treated as persons of fill! *£«*, but minors under seven years of age cannot withdraw thfir deposits until they ha*.e reached the age of seven. f*. Applications t<> the Chief Offices in each Province on the business of Postoffice Savings Banks, and the replies sent thereto are free from charge or postage.