It and others of its kind have made Philadelphia notable among all the larger cities as "the city of homes." The number of such associations has almost steadily increased in the United States.

Pennsylvania continues to rank first in respect to amount of total assets, with Ohio a close second, and New Jersey third (the ranking first in proportion to population).

Associations of this type have been hardly second in importance in America to the savings banks as institutions for savings for persons of moderate means.

The number of their members (nearly 3,000,000) is about one-fourth of that of savings bank depositors, and the amount of their assets (1-1/4 billion dollars) is about one-fourth that of the reported savings banks.

But their relative influence in educating and encouraging to thrift is doubtless much greater than these figures indicate.