Where 'Habits of Economy' Were Shaped.

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    • Abstract:
      The article explores the history of savings banks in the U.S. which burnished the reputation of the banking industry and taught the virtue of thrift. Topics mentioned include the establishment of the defunct Philadelphia Savings Fund Society on November 25, 1816, their deposits, investments in government securities, and other yielding instruments and interest paid. The philanthropic mission of savings banks is also noted.