In the first half of the 20th century it was common for independent banks to encourage the opening of new accounts by giving away promotional book-shaped money banks. The thinking was that inspiring clients, particularly children, to fill these small units would result in similar behavior in terms of depositing one’s savings at the local bank branch.
Constructed of a steel box with a lockable door panel and bound in embossed vinyl to create a book-like cover, this piece would go virtually unnoticed on a bookshelf… in an era when people could manage a whole shelf of books.
Though relatively easy to come by, money-bank books generally have considerable wear to the corners and outer casing. The key is usually missing, making it more of a display piece than anything functional. Remarkably, this example is in exceptional condition, with its key and original packaging intact.