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Nowadays, financial institutions inundate us with offers for credits cards, knowing we’ll use the plastic to grant ourselves high-interest loans. Little wonder, then, that we’ve become a nation of spendthrifts.
AdFreak staffers in New York got a reminder on Monday of the very different role banks used to play in forming Americans’ attitudes toward saving and spending. Our parent company’s holiday party was held in a grand old savings-bank building, opened in 1924 and still in service as a bank until about five years ago.
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