Bank of St. Louis - Computer

Saint Louis Globe-Democrat

1967-03-29

picture

Banks
Bank accounts
Computers
Bank tellers

Saint Louis (Mo.)

1960-1969

"These two tellers' machines at the Illinois State Bank, Quincy, Ill., are linked by telephone lines to the computer at Bank of St. Louis, more than 100 miles away. When a customer wishes to make a savings deposit, for example, the transaction keyed into one of these machines updates the depositor's account record stored in the computer within one-fourth of a second. Immediately, the savings passbook is updated with the amount of the deposit and any previously unposted dividends."

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