Negro Banks
The Nickel Savings Bank, of Richmond, Va., is a prosperous financial institution of which Dr. R. F. Tancis is President. It affords an excellent opportunity for the saving of small earnings and is being liberally patronized.
The Alabama Penny Savings and Loan Company, of Birmingham, Ala., has a capital stock of $25,000, in shares of $5 each. Interest is paid on time deposits. The company was incorporated February 16, 1895. Officers: W. R. Pettiford, President; P. F. Clark, Vice President; B. H. Hudson, Cashier.
The Capital Savings Bank, of Washington, D. C., has $50,000 capital. Officers: Hon. John R. Lynch, President; James T. Bradford, Vice President; L. C. Bailey, Treasurer; Prof. James Storum, Secretary; Douglas B. McCary, Cashier. Directors: John R. Lynch, W. McKinley, Robert H. Terrell, Wyat Archer, J. A. Lewis, H. E. Baker, H. P. Montgomery, L. C. Bailey, W. S. Lofton, James Storum, John A. Pierr, A. W. Tancil, J. H. Meriwethe, J. A. Johnson, W. S. Montgomery. Deposits are received from 10 cents upward. Interest allowed on $5 and above.