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HERALD AND NEWS, Klamath Falls. Orrjna " . ' Tuesday, March 7, 1561
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How this 20-year-old partnership
helps keep America strong
Since May 1941, America's banks have sold
nearly 2 billion separate U.S. Savings Bonds
' at no cost to the Government or the pur
chasers. To give you some idea of the time
involved: if you merely handed out that
many Bonds at the rate of 1 a second for 10
hours a day, it would take you 152 years to
reach the bottom of the pile.
Why -have the nation's banks and bankers
carried on this vast project of information,
service, and issuance of U.S. Savings Bonds?
A winning team. For one reason, the Bond
Program and the Banking business have
grown together. Hand in hand, they've helped
make Americans the saving-est people in the
world.
Folks who save Bonds get the thrift habit.
They soon learn other forms of saving and
investment. They become better all-around
bank customers. And Bond owners are better
credit risks.
Another thing bankers are interested in:
Bond dollars help keep America strong. A
good reason for the banking business or any
business to get behind the Bond program.
What you buy at the Bond Window. When
your banker advises you to buy U.S. Savings
Bonds, he's recommending an investment
guaranteed to grow: $18.75 becomes $25 in
7 years, 9 months, and grows to $36.25 in
another 10 years. They can be cashed in any
time with interest. And if they're lost or de
stroyed, the Treasury Department replaces
them free.
Why not take this advice offered by the
nation's bankers. Buy and hold U.S. Savings .
Bonds for the things you want, and the
Peace to enjoy them.
"America's Banks are proud to yl , '
be part of the Bond Program" v '
says Carl A. Bimson, President, Valley National Bank, I , )
Phoenix, Arizona, and President, American Bankers Assn. 1 ' ijf
"We believe it it good for America, an economic stabilizer; J I s
it is good (or the individual and the community; and it is f .
good for banking. The promotion of Savings Bonds has -
helped to make savers out of non-savers, to revitalize the . .
American tradition of thrift, and to build savings in all V ' i
forms to record levels. -Wl J
"The American Bankers Association congratulates the
Nation and the public on the 20-year success story of the 1'v '
U.S. Savings Bonds Program, and pledges its vigorous con- 1 JT- ;'.
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You save more than money with
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ANNIVERSARY
1941 I
1961
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