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By Margaret Gisler

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The portfolio includes a driver’s manual; state map; Arizona Progress, the bank’s monthly economic newsletter; an in-depth brochure on VNB customer service; a street guide for the city to which the person is moving; and information about VNB’s Quick Switch, a unique service that allows one to establish a complete banking relationship before arriving in the state. ” Introduction of the VNB Banking Card proved a landmark in the bank’s history. The new card was not a credit card, but a checking and check-guarantee card that made life easier for the holder.

Brochures and leaflets were circulated, which eventually found their way across the Atlantic into the United States. Condy Raquet of Philadelphia was very interested and helped to organize the Philadelphia Saving Fund Society in 1816. The purpose of this organization was to encourage the practice of saving and to promote economy. It also sought to invest small amounts of money by industrious people so that they might have the advantages of security and interest. Massachusetts that same year passed the first law permitting the organization and operation of a mutual savings bank, and Boston’s Provident Institution for Savings was established.

M. and mass every Friday in the chapel for anyone who wanted to attend. The sisters’ idea worked, and during the bank’s first year of business its reserves increased five times and its shareholders earned a 3½ percent dividend. The bank kept growing, outgrew its original quarters, took over an entire building for its operation, later expanded, and watched its assets and number of customers grow. Women’s Federal had eleven branches and $800 million in assets by 1992. Although, over the years, there were Westropp males on the staff, women still dominated management—as high as senior vice president of savings.

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