An interesting little plastic coin bank from the Cleveland Trust Company

This little 4" x 3" plastic coin saving bank is from the Cleveland Trust Company of Cleveland, Ohio.

A friend from a hiking club showed it to me. It was full of old silver coins and she wanted me to open it and get the coins out. I did.



The front reads:
A Great City ... A Great Bank!
The Cleveland Trust Company
63 Convenient Offices ... Banking Services
The Bank For All the People
(Drawing) Gen Moses Cleaveland (spelled the old way)

Under the bottom reads:
Tom Thrift Enterprises
New Canaan, Conn
Patents Applied For

The Tom Thrift company made these coin banks in the 1950's to encourage people to save money.

The coin bank has seven tubes for circulating coins of 1, 5 (two), 10 (two), 25, and 50 cents.

The sponsoring bank would hand the coin banks out to customers to fill with coins. The customer would bring the coin bank to the office where a teller would use a special key to unlock it and deposit the coins to an account.

I found a couple of similar Tom Thrift coin banks on Ebay selling for $15.00 to $30.00 and a couple of newspaper advertisements dated 1954 and 1956 from banks offering these coin banks to customers.

 

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neat item

 

Any pics of the coins??

 

I've got one of those hanging around somewhere. Different bank. Some Pennsylvania mid-state bank that got swallowed up.

 

I nearly started collecting coin banks.
Luckily I came to my senses after about 5 fire truck banks ...
Still would love to have an entire wall of vintage coin banks.

thanks for sharing.

 

Any pics of the coins?

 

Cleaveland is not the old way, but the correct way that the good General spelled his own name. At some point it was a set of the city's fathers that couldn't spell worth a damn! LOL. May I suggest we all learn from history …not ignorantly rewrite it

 

And the trend continues.