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June 19, 1964 - Image 7

Resource type:
Text
Publication:
The Detroit Jewish News, 1964-06-19

Disclaimer: Computer generated plain text may have errors. Read more about this.

THE DETROIT JEWISH NEWS

Friday, June 19, 1964

F

I
S
FROM

"THE COMMONWEALTH"

Few banks have contributed so many new ideas and new methods to
modern banking as Bank of the Commonwealth.
Its list of "firsts" in Detroit is truly surprising:
❑ The first commercial bank to make Auto Loans
❑ The first to make Boat Loans
❑ The first to establish a specialized Life Insurance Loan Department
❑ The first to establish a department for Accounts-Receivable Loans
❑ The first Pay-By-Check Plan
❑ The first to number checking accounts
❑ The first to promote a Christmas Club
❑ The first downtown Auto Bank
❑ The first commercial bank to make installment loans
Most of these Commonwealth innovations are standard practices in other
banks around the country today. But "The Commonwealth" has always
been first in developing new ways to serve its depositors and customers
better and more conveniently.
And it is the aim of the new leadership of the Bank to lengthen this list of
"firsts". You can look to "The Commonwealth" for new ideas, new tech-
niques to serve you better and to speed the growth of Detroit and Michigan.

PLEDGE

WE BELIEVE IN THE CREATIVE USE OF CAPITAL.

THE FUTURE GROWTH OF DETROIT AND MICHIGAN

CALLS FOR DYNAMIC, IMAGINATIVE LOAN AND IN-

VESTMENT POLICIES. IT IS OUR PLEDGE TO BRING

YOU PROGRESSIVE AND PRODUCTIVE FINANCIAL

IDEAS AND SERVICES.

DIRECTORS

Donald H • Parsons, Chairman

Basil M. Briggs

Frederick C. Matthaei, Jr.

Horace C. Ford

Royal A. Oppenheim

Alwyn V. Freeman

Olin E. Thomas

Thomas G. Gies

Thomas H. Wagner

Leo G. Lapham

G. Bretnell Williams

LOOK FOR NEW IDEAS FROM "THE COMMONWEALTH"

BANK OF THE COMMONWEALTH

MEMBER FEDERAL RESERVE SYSTEM, MEMBER FEDERAL DEPOSIT INSURANCE CORPORATION

7

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