Before a depositor can draw a large sum from a savings bank he may
be compelled, under the law, to give from one week to six weeks'
notice of his intention.

This provision may not prevent a run on the bank, but it gives the
managers time to provide for it.

Read the rules in the deposit book.

HOW SAVINGS BANKS EARN

How can a bank that does not discount notes or deal in loans and
commercial paper earn money? How can it pay interest?

While they may be individually small, the aggregate of all the
deposits in a savings bank may, and often do, amount to many
millions.

This money is not allowed to lie idle.

Under the skilled direction of the bank officers, the money,
instead of lying idle in the vaults, is invested in many ways, but
always in accordance with the laws of the state under which the
bank is chartered.

Much of the money is invested in mortgages on real estate, never
on personal property.

National bank stocks, sound railroad bonds, and other forms of