8502 - SELF DENIAL BANK TO BENEFIT A LOCAL CHURCH
Name/Title
8502 - SELF DENIAL BANK TO BENEFIT A LOCAL CHURCHDescription
8502 - SELF DENIAL BANK TO BENEFIT A LOCAL CHURCH These unique, historic round, metal banks were made largely of tin. Produced by the Whitehead and Hoag company, they were sold to churches for a very nominal cost to be given to members and parishioners. Commonly referred to as "dime-saver banks", these banks were usually 2 1/2 inches across and held approximately $2 to $3 in dimes. Referred to as Self Denial banks, the purpose was to encourage church members to regularly, deny some intended small purchase and put the dime savings into the round bank. Proceeds added up among families and individuals, and were always a surprisingly large amount at time of donation than expected. Full pictures of each side of this artifact detail further information on the encouragement by the round device to save a little extra for church purposes. At some appointed, scheduled near future calendar date, these small banks would be brought back to church and publically given during worship service. These small banks would be taken to the local bank used by the church and who held a special opening key. Once opened, the dime contents would be deposited into the bank's account. These small banks were not easy to open- thus coins deposited were usually not retrieved by the givers, once placed into the round containers.Collection
Banks - Self Denial BankCategory
Children’s Mentored Generosity / Historic Next Gen Stewardship Development
History