Wilmington Savings Fund Society (WSFS) records

Accession 1155

Hagley Museum and Library: Manuscripts and Archives Department Department, Hagley Museum and Library


PO Box 3630
Wilmington, Delaware, 19807
302-658-2400
research@hagley.org

This finding aid was produced using the Archivists' Toolkit 2014-03-18T13:06-0400

Finding aid prepared using best local practices and Describing Archives: A Content Standard

Cite items for this collection in the following format:
[Description and dates], Box/folder number, Wilmington Savings Fund Society (WSFS) records (Accession 1155), Hagley Museum and Library, Wilmington, DE 19807

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Descriptive Summary

Title: Wilmington Savings Fund Society (WSFS) records
Dates: 1831-1964
Accession Number: 1155
Creator: Wilmington Savings Fund Society (Wilmington, Del.)
Extent: 70 linear feet
Language of Material: English
Repository: Hagley Museum and Library: Manuscripts and Archives Department
Abstract: The Wilmington Savings Fund Society was established in 1831 as a "safe depository for the earnings of working people" which also promoted the opportunity for homebuilding and lending money for home mortgages. Their records consist primarily of minutes and account books.
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Administrative Information


Access Restrictions

Subject to a 75-year time seal. Data on living persons may not be used without consent of depositor.

Use Restrictions

Literary rights retained by Wilmington Savings Fund Society.

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Arrangement

Series I. Administrative records; Series II. Accounting records; Series III. Miscellany.

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Historical Note

The Wilmington Savings Fund Society was established in 1831 as a "safe depository for the earnings of working people" which also promoted the opportunity for homebuilding and lending money for home mortgages. In 1832 the mutual savings bank was granted a state charter. It had no stockholders and its depositors received all profits earned. The bank grew steadily during the 19th century moving to a new headquarters building on Ninth and Market Streets in 1855. During the 1920s it began establishing branches in suburban areas, Dover, and Newark. In 1938 it became a state chartered savings bank with deposits insured by the FSLIC.

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Scope and Content

Administrative records include board of managers minutes (1831-1931); executive committee minutes (1901-1908); real estate committee minutes (1900-1927); investing committee minutes (1832-1952); and property committee minutes (1918-1927).

Account books include general ledgers (1856-1958); customers' ledgers (1832-1909); stock and bond ledgers (1892-1958); real estate ledgers (1900-1939); day books (1832-1892); cash books (1886-1958); deposit day books (1832-1917); withdrawal orders (1834-1929); loan books (1845-1900); withdrawal receipt books (1837-1879); the First Book of Investments (1832-1853); and treasurer's annual reports (1885-1961).

The miscellany includes a scrapbook of insurance company prospectuses (1900-1910); newsclippings; a photostat of an 1832 advertisement; a synopsis of charter and bylaws (1901-1940); and a brochure on the 1921 WSFS building in Wilmington.

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Access Points

Banks and banking--Delaware.
Bringhurst, Joseph, 1807-1880.
Financial institutions--Delaware.
Hall, Willard, 1780-1875.
Housing finance.
Mortgage banks.
Mortgages.
Saving and investment.
Savings accounts.
Savings and loan associations--Delaware.
Savings banks--Delaware.
Wilmington (Del.)--Savings banks.
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