My first bank account was with Elgin’s First Federal Savings and Loan. Apparently, at the time, when you opened an account you were given a bank in the shape of the building. I found that bank, along with my passbooks a few years ago in the attic of my mom’s house in Elgin.
The bank is the color of old pennies — it may have been brighter copper colored when it was new. It is showing wear on one side, I think it is oxidation. White, not green, so I guess it is not copper.
I use the bank to hold foreign coins. I found a key that works (now that I look at it, it is the original key), so they are not forever stuck in it. I had the bank on my bookshelf in my office, but I want a less cluttered area so I am not positive what I am going to do with it.
The passbooks date from January 9, 1961 (I was 4) and is a joint account with my father. On January 10, 1961, a total of $31.06 was deposited into the account. The most money in the account was $2,364.74 on November 28, 1979. The account was closed on June 20, 1981, probably because I moved to Pittsburgh.
It seems I had another account with Elgin Federal Savings and Loan that I opened on March 8, 1976. Its highest amount was $538.11 on July 1, 1976. I closed this on November 23, 1976.
I vaguely remember going to the bank to deposit money and to withdraw money using these passbooks. I didn’t have a checkbook or credit card and ATM machines weren’t invented yet.
As for the passbooks — I will keep them in a box in the knee wall. Maybe the kids will find them interesting someday. If nothing else, the advertisements are interesting.
I like the way the style of homes are different from the passbook that was opened in 1961 and the one that was opened in 1976.