University of Virginia Library

THE COLONIAL BANK AND TRUST COMPANY

The Colonial Bank and Trust Company, was organized
and opened its doors for business August 1st,
1910, and while it is the youngest of Roanoke's banking
institutions, it is forging ahead rapidly and during the
past twelve months more than doubled its deposits.

This bank has an authorized capital of $300,000 and
is under control of the State Government to which it
submits sworn reports and is regularly examined by the
State Bank Examiners. The Colonial Bank and Trust
Company does a general banking business and each
department is in charge of thoroughly competent men,
fitted by years of experience to render patrons a high
class and reliable service. The Banking Department
receives deposits of firms, corporations, and fiduciary
institutions, pays four per cent. interest on time certificates
of deposit and loans money on approved
security. The Savings Department pays four per cent.
interest on savings accounts. The interest is compounded
every three months. A Savings Account
may be opened with $1.00 or more, each savings depositor
being furnished with a home savings bank.
The Trust Department acts as executor, trustee,
guardian, depository for securities or agent in any
financial transaction. The Safe Deposit Department
is equipped with various size safety boxes. The vault
is both fire and burglar proof, which makes it doubly
secure.

Mr. T. H. Cooper was the first President of the
Colonial Bank and Trust Company and at his death a
few months ago was succeeded by E. W. Mollohan, of
Washington, D. C., who accepted the position temporarily.
R. H. Angell was unanimously elected
President about three months ago, and the following
roster comprises the other officers: W. W. Boxley, Vice
President; E. W. Tinsley, Cashier and Treasurer;
George M. Dickerson, Secretary, and J. T. Davenport,
Assistant Treasurer.

The directors are as follows: R. H. Angell, W. W.
Boxley, L. N. Buford, Edw. S. Barnitz, Lawrence S.
Davis, H. D. Guy, J. H. Marsteller, E. W. Mollohan,
E. W. Poindexter, J. T. Strickland, L. C. Stewart, and
E. W. Tinsley.

HOME OF THE COLONIAL BANK AND TRUST COMPANY

The officers and directors of the bank are among the
leading representative business men in this city and
section, and their names are an absolute guarantee of
solidity and safety.

The home of the Colonial Bank and Trust Company
is located at No. 116 Campbell Avenue, West, and they
occupy the building formerly used by the American
Savings Bank and especially erected for banking purposes.