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Etymology

Roman vase-shaped money box (2nd-3rd century AD). Ancient money boxes appear in the archaeological record in a wide variety of shapes.

In Middle English, “pygg” referred to a type of clay used for making various household objects such as jars. People often saved money in kitchen pots and jars made of pygg, called “pygg jars”. By the 18th century, the spelling of “pygg” had changed and the term “pygg jar” had evolved to “pig bank.”

Once the meaning had transferred from the substance to the shape, piggy banks began to be made from other substances, including glass, plaster, and plastic.

The oldest find of a money box dates from 2nd century BC Greek colony Priene, Asia Minor, and features the shape of a little Greek temple with a slit in the pediment. Money boxes of various forms were also excavated in Pompeii and Herculaneum, and appear quite frequently on late ancient provincial sites, particularly in Roman Britain and along the Rhine.

Majapahit terracotta piggy bank, 14-15 century A.D. Trowulan, East Java. (Collection of National Museum of Indonesia, Jakarta)

In a curious case of parallel evolution, the Indonesian term celengan (a celeng is a wild boar, with the “an” affix used to denote a likeness) was also used in the context of domestic banks. The etymology of the word is obscure, but evident in a Majapahit piggy bank from the 15 century A.D.[citation needed]

Uses

The general use of piggy banks is to store loose change in a quaint, decorative manner. Modern piggy banks are not limited to the likeness of pigs, and may come in a range of animal shapes, sizes and colours. Some collect piggy banks as a hobby.[citation needed]

Famous piggy banks

Rachel, the official mascot of Pike Place Market in Seattle, Washington, is a bronze cast piggy bank that weighs nearly 600 pounds, located at the corner of Pike Place under the “Public Market Center” sign.

Rachel was designed by local artist Georgia Gerber and modeled after a pig (also named Rachel) that lived on Whidbey Island and was the 1977 Island County prize-winner. Rachel receives roughly $ 9,000USD annually in just about every type of world currency, which is collected by the Market Foundation to fund the Market’s social services.[citation needed]

The 1995 Disney/Pixar movie Toy Story features a character named Hamm, a wise cracking piggy bank.

References

^ “DigiBank Piggy and Panda Banks Learn to Count”. Gizmodo. http://gizmodo.com/gadgets/gadgets/digibank-piggy-and-panda-banks-learn-to-count-239597.php. Retrieved 2008-11-09. 

^ a b Hurschmann, Rolf (Hamburg): “Money boxes”, Hubert Cancik and Helmuth Schneider (ed.): New Pauly, Brill, 2009

^ “What’s the origin of the piggy bank?”. The Straight Dope. http://www.straightdope.com/mailbag/mpiggy.html. Retrieved 2008-10-17. 

External links

Wikimedia Commons has media related to: Piggy bank

What’s the origin of the piggy bank? (from The Straight Dope)

The Piggy Bank page Photographs and Facts about Piggy Banks

Piggy Bank Project Hundreds of Piggy Characters and customised ceramic Piggy Banks

Categories: Containers | Banks | Coins | Traditional toysHidden categories: All articles with unsourced statements | Articles with unsourced statements from July 2009 | Articles with unsourced statements from January 2010 | Articles with unsourced statements from June 2009

Related Banking Articles

You have ample amount of career options in the present world, a large menu to choose from where you can go for the career you like and which suits your personal as well as professional interests. One of the most coveted career options from this wide menu is in the banking sector. A major boon in the banking sector in recent years is quite evident with the success graph growing higher with every passing year. Banks have to offer a wide variety of job options, which ensure job satisfaction. However, the bank recruitment is done based on bank exams conducted for various posts in the bank. The questions papers, which are set, are very difficult to crack, but it is not impossible. The major reason behind this being that a standard is set up and only the best suitors of the post are able to reach the interview round.

Banks play a very crucial role in our lives, because they manage money and in today’s world, money is the driving force of life.

Money is an essential commodity to carry out even the necessities of life. Banks provide payday cash advance for various requirements and are a blessing to all those students who could not afford education. Banking sector is a challenging field of career. The best art about this career option is that it is not confined to commerce students. Students from arts and science background can also apply in this sector, provided they qualify the job requirement.

However, it is not easy to clear the bank exams. You need to be well prepared in order to emerge as a winner. For this, you need to practice from various sources like the internet or the books available in the market. There are model question papers available on the internet, which are very helpful. They help you get a gist of the kind of questions asked and the marking scheme of the question paper. The syllabus is vast and each subject needs to be given equal importance. You also need to work on your vocabulary as a separate section consists of vocabulary. This can be done by reading newspapers, which would serve two purposes; to increase your vocabulary and to update you with current affairs. Both of them are an important part of the bank exam syllabus.

Keeping these minor points in mind would help you clear your bank exams. Keep yourself updated with any changes in the bank exam syllabus and prepare from the model question papers accordingly. Once the goal is set and you are thoroughly prepared, you can secure a promising future.

You have ample amount of career options in the present world, a large menu to choose from where you can go for the career you like and which suits your personal as well as professional interests. One of the most coveted career options from this wide menu is in the banking sector. A major boon in the banking sector in recent years is quite evident with the success graph growing higher with every passing year. Banks have to offer a wide variety of job options, which ensure job satisfaction. However, the bank recruitment is done based on bank exams conducted for various posts in the bank. The questions papers, which are set, are very difficult to crack, but it is not impossible. The major reason behind this being that a standard is set up and only the best suitors of the post are able to reach the interview round.

Banks play a very crucial role in our lives, because they manage money and in today’s world, money is the driving force of life.

Money is an essential commodity to carry out even the necessities of life. Banks provide loans for various requirements and are a blessing to all those students who could not afford education. Banking sector is a challenging field of career. The best art about this career option is that it is not confined to commerce students. Students from arts and science background can also apply in this sector, provided they qualify the job requirement.

However, it is not easy to clear the bank exams. You need to be well prepared in order to emerge as a winner. For this, you need to practice from various sources like the internet or the books available in the market. There are model question papers available on the internet, which are very helpful. They help you get a gist of the kind of questions asked and the marking scheme of the question paper. The syllabus is vast and each subject needs to be given equal importance. You also need to work on your vocabulary as a separate section consists of vocabulary. This can be done by reading newspapers, which would serve two purposes; to increase your vocabulary and to update you with current affairs. Both of them are an important part of the bank exam syllabus.

Keeping these minor points in mind would help you clear your bank exams. Keep yourself updated with any changes in the bank exam syllabus and prepare from the model question papers accordingly. Once the goal is set and you are thoroughly prepared, you can secure a promising future.

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Bank Notes

National Bank Notes make up the most plentiful and extensive series in the history of American paper currency. These notes were issued from 1863 through 1929, and were produced by literally thousands of individual banks through the United States and its territories.

The bank note series is so extensive that almost no collector could ever even hope to own a truly “complete” collection. Today, the most popular and practical way to collect these notes is to attain one note from each variety, issued by a wide-array of different banks. This will give you a collection with many, many different notes, with different denominations, different designs, artwork, portraits… and with the names and locations of many different historic banks.

You could also choose to collect only notes from one specific region, state, city, or even one specific bank. Although, the more specific you become in your search, the more effort it will take, and the more money it will undoubtedly cost.

National Bank Notes came into being by passage of the National Banking Act of 1863, which was later expanded by the Act of June 3, 1864.

These National Bank Notes, although issued by individual banks, are nevertheless conventional United States paper money, meaning they were fully-negotiable, and were printed under the same conditions as regular U.S. Treasury issues by the Bureau of Engraving and Printing; the same source as all of today’s U.S.-issue paper currency.

The primary designs of each issue of National Bank Notes are the same for all banks. The only differences are in the name of the issuing bank, the bank’s charter number (which appears on all bank notes issued after 1875), the bank officers’ signatures, and the coat of arms for the state in which the bank was located.

The Bank Note Series of 1902 remains among the most popular with collectors today. These notes have classic and detailed portraits of American heroes such as William McKinley and Benjamin Harrison, and feature incredibly intricate designs on the reverse-sides of the notes, depicting many classic allegorical figures, and the $ 5 Harrison notes actually features the Landing of the Pilgrims.

The final issue of National Bank Notes was in 1929, with the Unites States first-ever “small-size” currency notes; notes that remain our standard size even today.

Bank Notes

National Bank Notes make up the most plentiful and extensive series in the history of American paper currency. These notes were issued from 1863 through 1929, and were produced by literally thousands of individual banks through the United States and its territories.

The bank note series is so extensive that almost no collector could ever even hope to own a truly “complete” collection. Today, the most popular and practical way to collect these notes is to attain one note from each variety, issued by a wide-array of different banks. This will give you a collection with many, many different notes, with different denominations, different designs, artwork, portraits… and with the names and locations of many different historic banks.

You could also choose to collect only notes from one specific region, state, city, or even one specific bank. Although, the more specific you become in your search, the more effort it will take, and the more money it will undoubtedly cost.

National Bank Notes came into being by passage of the National Banking Act of 1863, which was later expanded by the Act of June 3, 1864.

These National Bank Notes, although issued by individual banks, are nevertheless conventional United States paper money, meaning they were fully-negotiable, and were printed under the same conditions as regular U.S. Treasury issues by the Bureau of Engraving and Printing; the same source as all of today’s U.S.-issue paper currency.

The primary designs of each issue of National Bank Notes are the same for all banks. The only differences are in the name of the issuing bank, the bank’s charter number (which appears on all bank notes issued after 1875), the bank officers’ signatures, and the coat of arms for the state in which the bank was located.

The Bank Note Series of 1902 remains among the most popular with collectors today. These notes have classic and detailed portraits of American heroes such as William McKinley and Benjamin Harrison, and feature incredibly intricate designs on the reverse-sides of the notes, depicting many classic allegorical figures, and the $ 5 Harrison notes actually features the Landing of the Pilgrims.

The final issue of National Bank Notes was in 1929, with the Unites States first-ever “small-size” currency notes; notes that remain our standard size even today.

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Banks serve the vital purpose of fulfilling our monetary requirements for carrying out various important functions of our lives with the help of loans. They also ensure safety of our money. Today, with the opening of many private sector and government sector banks, there is a growing need of trained professionals in the banks in order to carry out the various functions in the bank. Similarly, with such a large demand of employees in the bank, in return the banks have to offer handsome pays with exciting benefits, which are very hard to resist. Bank recruitment not only provides you with additional benefits but also adds respect and honor to your name. There are two such posts offered by the bank, which has attracted the youth in large number because of the status and pay the posts have to offer. These are; bank clerk and bank po:

BANK PO
Bank po refers to Bank Probationary Officer.

It is an attractive job offer for the youth, which is based on the bank probationary exams conducted by the respective banks. Your performance in the probationary exams decides your ability to face the cutthroat competition, which follows later. After clearing the exams, the selected candidates undergo a probationary period of two years. During this period, their performance in the various projects gets them recruited in different banks.

BANK CLERK
A bank clerk carries out the main responsibility of maintaining records of the transactions taken place in the bank and the loans sanctioned. A bank clerk is required to have good mathematical abilities and needs to work in an organized manner in order to avoid problems regarding mismanagement of the records. There are some qualities required for the recruitment of the bank clerk post:
Organized and neat work
Mathematical abilities
Computer knowledge
Aware and vigilant
Verbal and written communication skills

Recruitment for the post of bank clerk also precedes an examination conducted by the banks, which follow an interview session. Many candidates appear for this exam every year, however only a few are filtered down and selected for the interview round. The most competent and eligible candidates are finally recruited.

Thus, bank clerks and bank probationary officer are two most respectable posts offered by the banks. The bank recruitment is done based on the tough exams and the interview session. Once the candidate clears both the stages, he or she is finally recruited and trained on the work required to be carried out.

Absa Bank is one of the leading financial services organizations in South Africa. The bank is responsible for serving personal, corporate and commercial customers in the country. The bank interacts with its customers through physical as well as electronic channel. The Barclays PLC is the major shareholder of this bank. The financial products offered by this bank include the following:

Basic products and services for low-income personal market
Customized products for the corporate and commercial markets
Bancassurance
Wealth management products and services

Absa Bank Overview

The Absa Bank is headquartered in Johannesburg. It has its operations in many other cities located in South Africa such as Cape Town, Durban, Bryanston, Midrand and Gauteng. It has also opened branches in Asia, Europe, UK, USA, Australia and Africa.

The swift code of this South African bank is ABSAZAJJ. This eight character code is employed to distinguish this bank from the other banks operating in the country. The swift is very useful in case of international transaction of money.
Services Offered by Absa Bank

It offers a bouquet of financial products to the customers. Below here we give you a description about few financial services offered by the Absa Bank.

Home Loans

Home loans are available to the customers buying a first house. The application can be filled online. The interest rates generally charged for the home loans are generally affordable to the customers. It offers different interest rates to the customers so that it becomes easy for the customers to the best option for him.

Internet Banking

Aside from the physical transaction, It has offered internet banking facility. You can avail a lot of banking services through on line banking services. You need a user id and password to avail the internet banking. The high-tech internet banking facility is a safe and smart way of doing banking transactions.

Credit Card

The credit card division is responsible for everything related to credit cards. The various kinds of credit cards offered by the bank are private credit card, classic credit card, electronic credit card, silver credit card, platinum credit card and gold credit card.

The Prosperity Online Banking is from a financial establishment that first opened its doors in St Augustine Florida in 1984. To they have grown to over 18 branch offices covering central Florida along with their advanced online services to meet your needs.

Headquartered in St. Augustine, Florida, the bank was originally known as Prosperity Bank of St. Augustine. By 1995, the bank had grown to $ 40 million in assets. Two years later, the name changed to Prosperity Bank to reflect its growth outside of the St. Augustine area. Eddie Creamer accepted the leadership of the bank and continues today as President and Chief Executive Officer.

Their online services are free to all of their banking customers. Not only can a person view the current Bank Rates, but they can also see all of their banking activities for the past 30 days instantly on their savings, checking and money market accounts.

An account holder can transfer funds between account online along with the viewing or printing of any past checks that have been paid and returned to the bank.

There is also a search engine so you can find any past transaction when needed.

Your accounts can be set up with a variety of alerts to help keep you posted on the balance and transaction history with the accounts. This way you will always be in the loop.

With any check that is sent out by you, you can commence a stop payment for any reason you deem necessary online. You can also pay all of your bill with the online bill paying service.

You bank statements can also be viewed for up to the past 15 months online at your convenience. You can also have an alert sent out when the latest statement is available.

This is just a brief view of the service available with Prosperity Online Banking. Their secure network provides a safe haven for you to conduct your banking business transaction.

For additional resources involving financial help, please view Trustmark Online Banking on this website.

We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name.  Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.

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The Hanmi Bank was founded in 1982 to better serve the Korean- American community. Their philosophy is to meet their customers needs and growth with them as time progresses.

This bank has many services including Bank Rates that are available online. Among these service is their regular checking account that gives the account holder 1% cash back from their net transactions on their debt card. This account requires a minimum $ 100 to open a minimum balance of $ 500 to earn the cash back per statement cycle.

As far as their online banking services go they offer a wide selection that is also available at your local branch office. This includes the checking of your balances and transactional history. The online statements are also available for your convenience in a safe and secure manner.

The Hanmi bank offers CDs with terms from 7 days to 3 years with a minimum deposit of $ 1,000. The interest is accredited to each account on a monthly basis.

The highest earning checking account is the Mega Checking account that requires a minimum deposit of $ 10,000 which must be maintained to earn the interest on the balance. There is a limit of 100 transactions with this account pre billing cycle.

This is a full service financial institution that offers their customers not only deposit accounts but also auto loans, mortgages and credit cards. They also handle insurance, investments and retirement plans to help serve the needs of their growing customer base in Southern California.

For reasons of security and safety of your information only a limited amount will be collected. The employees at the Hanmi bank will also be limited to who can access this information and none of it will ever be sold to any third party.

This is what you can expect from Hanmi Bank of Southern California.

We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.

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