Boom In Savings

Banking Facilities at the university are now considerably expanded with the enlargement of agency facilities here.

The Bank Of New Zealand branch, now situated in Hunter Building on the ground floor, will have two tellers and will observe full banking hours.

Bank officials spent two weeks during enrolment promoting this service, and they say results were encouraging.

They told students that they thought it valuable that students have an association with a trading bank at this stage in their career.

Commenting on the development of trading bank savings facilities, the Wellington manager, Mr. Watson, told Salient that the Bank of New Zealand alone now has over £20,000,000 in savings accounts.

This has been achieved even though only about three-quarters of the bank's branches can operate savings facilities.

Mr. Watson also drew attention to a safe custody facility available to bank customers. He emphasised the value of the many documents students come to accumulate at this stage.

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(Arachne) :—

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