10 
POSTAL SAVINGS 
banks, 560 reported having savings accounts with 
130,865 savings depositors and total savings de 
posits of $32,444,593, of which approximately 
half were in the form of certificates of deposit or 
time deposits. 16 Of the 862 loan and trust com 
panies reporting, 696 carried savings accounts 
with 1,965,333 savings depositors and total sav 
ings deposits of $657,697,417. 11 Grouping all of 
these kinds of banks together we have 18,219 
banks making reply to the inquiries concerning 
savings accounts. Of this number 10,982 car 
ried savings accounts, and they had 14,873,361 
savings depositors and savings deposits of $5,- 
673,861,104. 
A table showing the savings facilities and the 
post office facilities possessed in 1909 by each 
state and territory, and by each geographic sec 
tion of the country, was prepared by the author in 
1911. 18 Its story may be summarized as follows : 
The table shows that the country as a whole 
was nowhere nearly so well provided with banks 
receiving savings deposits as with post offices, 
and that the section in which savings facilities 
were most lacking, whether viewed from the 
16 Ibid., p. 48. 
17 Ibid., p. 52. 
18 The United States Savings Bank, in Political Science 
Quarterly, XXVI, pp. 468-472.