|First National City Bank in New York (today's Citibank) used the Churchill memorial issue as an eye-catching way to drum up business with other banks. This is the Bank's first cachet. (Did they ever do another one?) Enclosed in the envelope was the first edition of "Correspondent Bank News," shown below.|
|The text of the newsletter is as follows:
We are delighted to present to you this first day cover of the Winston Churchill commemorative stamp and, at the same time, to introduce to you our Correspondent Bank Newsletter.
As a matter of interest, Sir Winston was a First National City client of long standing, having opened his account in 1931. Except for the war years, he continued it until his death. As far as is known, we are the only U. S. bank with which Sir Winston carried on a continuing business.
Future issues of the Newsletter will emphasize a particular topic and offer timely help on how to increase your business, cut operating expense, and build profits. We want you to know of our keen interest in working closely with correspondents throughout the country. First National City expertise in all phases of banking offers more comprehensive and meaningful services to banks large and small, including your bank.
We hope that the idea of an informative bank newsletter will appeal to you, and we will be happy to see that you receive it regularly.
|I also have a variation of this cover, without the First National City Bank corner card. I'm not sure if this was intentional or a printing error.|