announced on January 8 that over 600 people had already opened a Club account and that over $20,000 was expected to saved by these members during the year. There were 1269 total members that participated in this first savings club and over $31,000 was distributed among them at the end on December 13, 1910. The concept became popular to banks across the United States and the money used for other things besides Christmas shopping. The bank announced at the end of December that their next membership was open with various plans and people could open a Christmas savings account until January 9, 1911. The Christmas Saving Club Landis set into place involved a unique innovation of coupons and booklet envelopes arranged in a strategy. The scheme was simple and required very little bookkeeping. The patented concept was a copyrighted 14-by-14-inch coupon sheet system where a Club customer made a deposit of a nickel, dime or quarter and a coupon was given as a receipt. The customer kept these little receipts in a booklet envelope. In December the customer turned them in and received a check. A similar system is still used by banks and thousands of credit unions throughout the United States. The club is often referred to by many banks as The Landis Christmas Savings Club. The Carlisle Bank has a museum piece of a 1909 savings booklet showing one of the members received $12.75 after his final payment (average savings of 25 cents per week over 49 weeks + 50 cents for fiftieth week). The savings account belonged to traveling salesman L.B. Harnish, which he opened on December 29, 1909. Pictures of the booklet signed by Landis show it was for a Christmas Savings Club account and that it belonged to Harnish. A British-born traveling salesman bought the rights later to use Landis' idea. He sold the concept to other banks throughout the United States paying Landis a royalty for coupon sheets. In 1928 he purchased the Savings Club Company initiated by Landis and formed a corporation. The headquarters of the corporation is in New York City. That corporation supplied coupon books and promotional ideas to banks nationwide. That same principal has been used from the 1960s and 1970s with deposits of $1, $2, $3, $5, $10, or $20. The Club membership then ends in November or December and checks given for the accumulated amount. Most credit unions