Maine Memory Network
Maine's Online Museum

Login · My Account · Show Album


 

 

Limerick National Bank, Limerick, ca. 1890

Limerick National Bank, Limerick, ca. 1890

Item 24097 zoom send e-card Share this on Facebook Share this on Twitter

Purchase a reproduction of this item on VintageMaineImages.com.

Description

The Limerick National Bank was located on Main Street in Limerick. The bank is known for its idea for creating a savings department and being the first bank to create such a department.

The bank's first president, Jeremiah M. Mason, conceived of the idea that it would be possible, and of mutual interest to the bank and its patrons, if the bank paid patrons a fixed percent of money each quarter on the balance of each account that the patron had held with the bank.

Go back