THE DETROIT JEWISH NEWS
Friday, June 19, 1964
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.
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.
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