The United States Postal Savings System was a postal savings system operated by the United States Post Office Department from January 1, 1911, until July 1, 1967. It was created by the Postal Savings
A certificate of a $5 deposit in the United States Postal Savings System issued on September 10, 1932
Savings and loan association
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A savings and loan association, or thrift institution, is a financial institution that specializes in accepting savings deposits and making mortgage and other loans. While the terms "S&L" and "thrift"
United States Postal Savings System
…First Republic Bank, "The gerbil lives again!") Total assets in the postal system remained at about $200 million until the Great Depression, when many savings and loan associations (S&Ls) failed. Customers seeking the postal savings system's security—and the 2% interest rate, which was now comparable to what banks and S&Ls…
Detroit Federal Savings and Loan Association Building, Detroit, Michigan
PSFS Building, Walnut and Seventh Streets, Philadelphia.