Here's a nostalgic tidbit that should bring a tear to your eye.The People's National Bank of Ypsilanti offered a 4% interest return on your savings in 1924. Plus, notice, they're open on Saturday nights.
Dusty D remembers having a bank account with an actual interest rate and watching my allowance accumulate week by week in my tiny Christmas Club account. One week it would be $30 (a LOT of money to a kid) and hey presto, thanks to interest, the next week it would be $30.40, wow!
Ah, memories...
--April 24, 1924 Ypsilanti Record
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