Savings Check Company of America
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Certificate Details
Product Details
Company
Savings Check Company of America
Certificate Type
Common Stock
Date Issued
April 24, 1918
Canceled
No
Printer
Republic Bank Note Company
Signatures
Hand signed
Approximate Size
11 1/2" (w) by 8 1/4" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Savings Check Company of America
Certificate Type
Common Stock
Date Issued
April 24, 1918
Canceled
No
Printer
Republic Bank Note Company
Signatures
Hand signed
Approximate Size
11 1/2" (w) by 8 1/4" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Historical Context
The Savings Check Company of America was incorporated in Delaware in 1915. The company was located in the Farmers Bank Building in Pittsburgh.
It appears that the company was sort of a bank/credit card hybrid. The company received a stipulated amount from banks using the system for each new account opened by the use of Savings Checks, and also received an amount from the retail merchants based on the daily sales of each store interested in the system.
The system was rolled out in Pittsburgh, but never gained enough traction to become profitable.