= THE FREEDMEN’S SAVINGS BANK 
that the government was bound for every dollar 
and that the money was placed in government 
bonds, otherwise I should not have put my 
money in there.” 
THE BRANCH BANKS 
Success attended the efforts of the bank pro- 
moters. Before the end of 1865 ten branches had 
been organized, and during 1866 ten more were 
established. In all, there were established thirty- 
four branches, thirty-two of which were in the 
southern states.” 
LIST OF BRANCH BANKS WITH DATES 
OF ESTABLISHMENT 
1865 Mobile, Ala. 
Beaufort, S. C. New York City. 
Huntsville, Ala. Savannah, Ga. 
Memphis, Tenn. New Bern, N. C. 
Louisville, Ky. New Orleans, La. 
Dhue op 
orfo 2. 
Richmond, Va. 1867 
Wilmington, N. C. None organized. 
Washington, D. C. 
Vicksburg, Miss. 1368 
St. Louis, Mo. 
1866 Raleigh, N. C. 
Augusta, Ga. Macon, Ga. 
Baltimore, Md. 
Charleston, S. C. 
Jacksonville, Fla. 1869 
Tallahassee, Fla. Chattanooga, Tenn. 
1 Douglas Report, p. 117; Peirce, Freedmen's Bureau, p. 133, 
1 Seventh Annual Report of Freedmen’s Savings and Trust Company; 
Ho. Misc. Doc. No. 16, 43 Cong., 2 Sess., p. 85. 
iQ