Monday, March 16, 2015

Three Bank Ads From Spring, 1965

OK, Boston has set a new record for the amount of snow falling in one winter. Time to think spring. For inspiration, three ads from half a century ago.

The country gentleman in the Chase nest egg ad contrasts with the urbane financier portrayed by  Citi, or as it was known in those days, First National City:

Note the double sales pitch: We'd like to manage your personal portfolio, and we want your company's pension plan, too.

Fifty years ago, pension plans actually had genuine, full service trustees. Corporate fiduciaries eventually lost the business because they were perceived as too timid, too dull. MBAs told companies they should regard their pension plans as profit centers. In hindsight, it wasn't the MBAs' finest hour.

Though the Irving ad below doesn't  feature fiduciary services, the salute to world's fairs reminds us of what people were looking forward to in the spring of 1965. New York's 1964-65 World's Fair was not as grand as the 1939-40 extravaganza, but as the fair's Disney exhibit sang, "It's a small world, after all."

No comments: