Louisiana Bank Tokens

Banks also issued tokens to encourage patronage. This generally occurred during the 1920s. Many of these were distributed much like the discount tokens described above, but other schemes were used.

One method involved the cast iron savings banks now popular with some collectors. When one of these banks was sold or given away, the banker would deposit a token in it to "seed" the savings compartment. Banks also encased cents as a means of advertising. See my web page LA Encased Cents for advertising pieces used at some Louisiana Banks.

1968 Encased Cent

Louisiana Bank & Trust Co.
Shreveport, LA
Who says we don't
give samples!

American Bank and Trust Co. New Orleans, LA This coin good for 25 cents in opening a savings account during 1926-1927. Located at 200 Carondelet Street, this bank opened in 1923. Teutonia Bank and Trust Co. New Orleans, LA Worth 25¢ if you open a savings account of $1.00 or more at this bank. Located at 327 St. Charles St. this bank opened about 1901 and was closed by the 1920s.