At the senior savings banks, especially those in Eastern States, are not present any fixed capital

At the senior savings banks, especially those in Eastern States, are not present any fixed capital. That is they are mutual in the form of the organisation. Their capital - the saved up deposits of a considerable quantity of people. Investors - owners. When taxes and other expenses are paid, and the appropriate stock is postponed, the remaining profit is included into the form of interest for investors. Many of savings banks in the western states are used for the benefit as other financial institutions, and at Pacific coast at them are a fixed capital or its equivalent in the form of spare fund in which the majority of investors are not interested differently than, how much it gives safety for their deposits.