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Kay Collins, 2008
Ada Sail - Savings
The Rushden Industrial Co-operative Society Ltd Bank Book
RULES OF THE SAVINGS BANK

1.—Deposits may be received either from members or non-members.
2.—Every depositor shall pay fourpence for a Deposit Book, containing a printed copy of these rules and a table of interest, in which all deposits or withdrawals shall be entered.
3.—No person shall deposit more than Ten Shillings in any one payment, nor have more than £20 on deposit at the same time.
4.—Interest at the rate of £4. 3s. 4d. per cent, per annum shall be paid on each sum of not less than Four Shillings continuing on deposit for not less than three months, reckoning from the 20th day of March, June, September, and December in each year.
5.—Two clear days' notice to be given for withdrawals.
6.—A penny receipt stamp shall be attached, at the cost of the depositor, on withdrawals of £2 and upwards.
7.—No money shall be received or paid without the production of the Deposit Book, and depositors must attend personally (if possible) when any money is to be withdrawn.
8.—If a Deposit Book is filled with entries, it shall be delivered to the Secretary, that the balance may be transferred to another book, for which the depositor shall pay fourpence.
9.—Deposits are received upon the express condition that no writing or mark shall be made in the Deposit Book, except by the Secretary of the Society, or some person acting under his authority, and if any writing or mark is so made, it shall in no way affect the Society.
10.—The Deposit Book must be preserved intact, and if lost, torn, or cut, shall be replaced at the cost of the depositor, and when an account is closed must be given up.

N.B.—Deposits will be received and paid every Saturday at Park Road, from 2 to 2-45 ; Wellingborough Road, from 3 to 4-15 p.m. ; and at the Office, High Street, from 2 to 4-30 p.m.
The Secretary has charge of the accounts, and will see that proper attendance is given at the times appointed for Receipts and Payments.

(above) The Bank Book

(below) Note glued inside

(above) The first page of the Bank Book shows the small sums that Ada's parents saved for her.
(below) Note the pink blotting paper - part of the book!
Commencing March 13th, 1933, and until further notice, the rate of interest will be £3 6s. 8d. per cent., per annum, and will be calculated at the rate of Jd. for every 5/-continuing on deposit for not less than three months, such three months to be the Quarters announced by the Society. The table of interest herein is cancelled.

An old bank book kept amongst her photographs, gives us a chance to see how the “saving habit” started and was to continue.

Ada Sail’s parents had started the bank account for her in Nov 1920 with the sum of one shillng and three pence. During the next five years they tried to put 3 or 6 pence into her account most months until July 1924 when there was 15/11 balance. This was all withdrawn, perhaps for a holiday, as the following month they started to put six pence or one shilling, sometimes two shillings into her account, although quite intermittantly. George & Edith had by now got three children and presumably they were saving a like sum for their boys too.

In 1930, the year Ada left school, she had just £1.10s. saved and although she paid in little during the next three years, by 1934 she beagn to save more regularly. Then came the austere times of WWII and Ada made no deposits into her account until the year after she married Harold. In July 1941 she was trying to save 10 shillings each week, towards buying their bungalow.

     
Deposit
 
Interest
 
Withdrawn
 
Balance
   
£
s
d
£
s
d
£
s
d
£
s
d
1930 Jan 04
 
4
 
 
 
 
 
 
1
10
0
  Mar 08
 
 
 
 
 
 
 
 
1
10
  Aug 23
 
10
0
 
 
 
 
 
 
2
0
  Sep 12
 
 
 
 
 
7
 
 
 
2
1
1931 Mar 14
 
 
 
 
 
10
 
 
 
2
1
10½
  Sept 12
 
 
 
 
 
10
 
 
 
2
2
1932 Mar 12
 
 
 
 
 
10
 
 
 
2
3
  Jun 01
 
6
 
 
 
 
 
 
2
10
0
  Sep 10
 
 
 
 
 
11
 
 
 
2
10
11
  Oct 15
 
10
0
 
 
 
 
 
 
3
0
11
  Nov 25
 
9
1
 
 
 
 
 
 
3
10
0
1933 Mar 11
 
 
 
 
1
 
 
 
3
11
  Apr 22
 
8
 
 
 
 
 
 
4
0
0
  Sep 09
 
 
 
 
1
3
 
 
 
4
1
3
  Oct 07
 
3
9
 
 
 
 
 
 
4
5
0
1934 Mar 10
 
 
 
 
1
 
 
 
4
6
  May 26
 
9
 
 
 
 
 
 
 
4
16
0
  Jun 02
 
10
 
 
 
 
 
 
 
5
6
0
  Jun 09
 
10
 
 
 
 
 
 
 
5
16
0
  Jun 30
 
10
 
 
 
 
 
 
 
6
6
0
  Aug 25
 
10
 
 
 
 
 
 
 
6
16
0
  Sep 08
 
 
 
 
1
8
 
 
 
6
17
8
  Dec 01
 
2
4
 
 
 
 
 
 
7
0
0
1935 Mar 09
 
 
 
 
2
 
 
 
7
2
  Apr 20
 
7
 
 
 
 
 
 
7
10
0
  May 18
 
10
0
 
 
 
 
 
 
8
0
0
  Jun 01
 
10
0
 
 
 
 
 
 
8
10
0
  Jun 15
 
10
0
 
 
 
 
 
 
9
0
0
  Aug 24
 
10
0
 
 
 
 
 
 
9
10
0
  Sep 21
 
10
0
 
 
 
 
 
 
10
0
0
  Sep 07
 
 
 
 
2
7
 
 
 
10
2
7
  Poct 12
 
7
5
 
 
 
 
 
 
10
10
0
  Oct 19
 
10
0
 
 
 
 
 
 
11
2
0
1936 Feb 01
 
10
0
 
 
 
 
 
 
11
10
0
  Mar 07
 
 
 
 
3
4
 
 
 
11
13
4
  Jun 13
 
 
 
 
 
 
3
0
0
8
13
4
  Jul 04
 
10
0
 
 
 
 
 
 
9
3
4
  Jul 11
 
10
0
 
 
 
 
 
 
9
13
4
  Jul 18
 
10
0
 
 
 
 
 
 
10
3
4
  Aug 10
 
10
0
 
 
 
 
 
 
10
13
4
  Aug 26
 
 
 
 
 
 
2
0
0
8
13
4
  Sep 12
 
 
 
 
2
9
 
 
 
8
16
1
  Oct 17
 
3
11
 
 
 
 
 
 
9
0
0
  Nov 07
 
5
0
 
 
 
 
 
 
9
5
0
  Nov 21
 
2
6
 
 
 
 
 
 
9
7
6
1937 Jan 16
 
10
0
 
 
 
 
 
 
9
17
6
  Mar 12
 
 
 
 
3
0
 
 
 
10
0
6
  Mar 27
 
2
6
 
 
 
 
 
 
10
3
0
  Apr 17
 
10
0
 
 
 
 
 
 
10
13
0
  Apr 19
 
10
0
 
 
 
 
 
 
11
3
0
  Apr 24
 
10
0
 
 
 
 
 
 
11
13
0
  May 29
 
10
0
 
 
 
 
 
 
12
3
0
  Jun 19
 
10
0
 
 
 
 
 
 
12
13
0
  Jul 24
 
10
0
 
 
 
 
 
 
13
3
0
  Aug 10
 
10
0
 
 
 
 
 
 
13
13
0
  Aug 21
 
10
0
 
 
 
 
 
 
14
3
0
  Aug 23
 
10
0
 
 
 
 
 
 
14
13
0
  Aug 28
 
10
0
 
 
 
 
 
 
15
3
0
  Sep 11
 
 
 
 
3
8
 
 
 
15
6
8
  Sep 18
 
10
0
 
 
 
 
 
 
15
16
8
  Sep 25
 
10
0
 
 
 
 
 
 
16
6
8
  Oct 16
 
10
0
 
 
 
 
 
 
16
16
8
  Oct 29
 
10
0
 
 
 
 
 
 
17
6
8
  Nov 03
 
3
4
 
 
 
 
 
 
17
10
0
  Nov 06
 
10
0
 
 
 
 
 
 
18
0
0
  Nov 13
 
10
0
 
 
 
 
 
 
18
10
0
  Dec 04
 
10
0
 
 
 
 
 
 
19
0
0
  Dec 11
 
10
0
 
 
 
 
 
 
19
10
0
  Dec 18
 
10
0
 
 
 
 
 
 
20
0
0
1938 Mar 12
 
 
 
 
5
 
 
 
20
5
  Apr 23
 
 
 
 
 
 
 
5
20
0
0
  Sep 10
 
 
 
 
6
8
 
 
 
20
6
8
  Oct 15
 
 
 
 
 
 
 
6
8
20
0
0
1939 Mar 11
 
 
 
 
6
8
 
 
 
20
6
8
  Apr 15
 
 
 
 
 
 
 
6
8
20
0
0
  Sep 09
 
 
 
 
6
8
 
 
 
20
6
8
  Sep 18
 
 
 
 
 
 
 
6
8
20
0
0
  Mar 09
 
 
 
 
6
8
 
 
 
20
6
8
  Apr 12
 
 
 
 
 
 
 
6
8
20
0
0
  Sep 07
 
 
 
 
6
8
 
 
 
20
6
8
  Oct 05
 
 
 
 
 
 
 
6
8
20
0
0
 1940 Mar 08
 
 
 
 
6
8
 
 
 
20
6
8
  Apr 18
 
 
 
 
 
 
 
6
8
20
0
0
  Jul 04
 
 
 
 
 
 
15
0
0
5
0
0
  Jul 12
 
10
0
 
 
 
 
 
 
5
10
0
  Jul 14
 
10
0
 
 
 
 
 
 
6
0
0
  Jul 21
 
10
0
 
 
 
 
 
 
6
10
0
  Jul 26
 
10
0
 
 
 
 
 
 
7
0
0
  Jul 28
 
10
0
 
 
 
 
 
 
7
10
0
  Aug 02
 
10
0
 
 
 
 
 
 
8
0
0
  Aug 11
 
10
0
 
 
 
 
 
 
8
10
0
  Aug 16
 
10
0
 
 
 
 
 
 
9
0
0
   
 
 
 
Transferred to new book


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