POST OFFICE SAVINGS' BANK

Westport Times, Volume V, Issue 836, 13 July 1871, Page 4

POST OFFICE SAVINGS' BANK

The New Zealand Gazette, of March 25th, publishes the following renditions foi the banks as above newly established at Ch< i-;t church, Lyttelton, Kaiapoi, Timaru, Akr:i<m Hokitik:i, Greynioulh, Waimate, Westport and Charleston. 1. Interest at the rate of 4 per cent, per annum is given on £2OO and under ; at the rate of 3 per cent, per annum on pu:i>B under £SOO ; and in the same proportion for any shorter time on every co nvplete £\ deposited, provided that no interest be albwtd on more than £SOO. 2. Depositors In the Post Office Savings Banks have du\>ct Government Security fir the prompt repayment of their money. 3. A depositor in any one of the Post Office Banks can continue his deposits at any other of such Banks, and can withdraw his money at that Post Office Bank which is most convenient to him by giving notice of his removal." 4. The strictest secresy is observed with respect to the names of depositors in Post Office Banks, and the amounts of their deposits. • 6. Money may be deposited by or on bihalf of minors. Depositors over seven years of age are treated as persons of full age, but minors under seven years of age cannot withdraw their deposits until they have readied the age of seven. 7. Applications to the Chief Office iri'eacb District on the business of Post Office Savings Banks, *nd the replies sent thereto are I free fron charge or postage.