My First POSB

My first official saving account was with POSB (Post Office Savings Bank, renamed as POSBank in 1990). We students in the primary school were encouraged to start a Saving Account by “Buying and Pasting Stamps”. Of course at that time, the POSB was related to the Post Office!

This is the “Save At School” stamp card where one will buy stamps and paste them on a card until it is completed. The teacher will then collect it and hand it to the bank on our behalf.

You see it’s only 5cents stamp at that time.

I know that later they even have this Squirrel Savers’ Club.

Do you know how my first POSB bank book looks like? Guess it’s slightly bigger size than now and over the years, they have made some changes. Anyway, here is my first or probably second and third POSB bank book – the light blue was the 2nd one and the darker blue was the 3rd one. Maybe I’ve lost the 1st one!

Let me show you the inside and you will know how rich I was then haha;

It was written as 1972 and handwritten (not printed on it). I was Primary 4 (10yrs old) then.

14 Responses to “My First POSB”

  1. 1 acroamatic Friday, March 9, 2007 at 1:55 am

    I used to have that coin bank. Never managed to fill it to the brim though. It’s quite big!

  2. 2 laokokok Friday, March 9, 2007 at 2:18 am

    Hi Acroamatic,
    You mean that Squirrel coin bank? I don’t have that but mine it’s a different type hehe.

  3. 3 peter Saturday, March 10, 2007 at 12:32 am

    I had a savings account with the Hong Kong & Shanghai Bank (now HK Bank) in the early 1960s. The bank gave its depositors a) red savings book and b) a coin book which was shaped like the old HK Bank headquarters building in Hong Kong. I remember it was red in colour.

    I put coins inside the box; loose change from anyone. You see in those days, people hated to carry coins around especially 5 cents. 10 cents was more valuable and 50 cents was a big bonus.

    Bt 1964 I had to close this account because my father needed the money (please don’t laught) because of the Indonesian Confrontation. My family was badly affected by the event as my father’s business suffered.

  4. 4 laokokok Monday, March 12, 2007 at 7:32 am

    Hi Peter,
    I remembered there was one that shaped like the old OCBC bank coin box – the traditional Chinese building type.

  5. 5 Lam Chun See Saturday, March 17, 2007 at 2:53 am

    I remember as far back as 1959 or 1960 we were encouraged to save by buying some stamps.

  6. 6 Patricea Chow Sunday, September 2, 2007 at 3:53 am

    Just like acroamatic, I used to have the same squirrel coin bank. I remember it was heavy but I would put in 10 cents each day, as instructed by my mom to save daily. I also remember that there was a plastic coin bank shaped in a house, also from POSB

    I came across your blog from, which I stumbled on through acroamatic’s blog. Enjoy reading all these blasts from the pasts; even though I am only 30 years old, I remember many things from my childhood and how much things have changed.

    Unfortunately, my mother isn’t really one for nostalgia: ever since I moved out of home in 2000, she has cleared out a lot of my stuff that I used to collect as a child. If I still have my stamp collection, it’d be a miracle!

  7. 7 laokokok Monday, September 3, 2007 at 9:23 am

    Hi Patricea,
    Welcome here. Seems like your mother is the opposite of mine. My mother keeps every little thing….so much that I think I’m going back to a Museum instead.

  8. 8 Eileen Thursday, September 6, 2007 at 10:39 pm

    i used to collect the stamps..and would bring it to the bank..

    those were the days..hehehe

  9. 9 Maddy Wednesday, September 23, 2009 at 11:16 pm

    Hi laokokok,

    Interested to know if your coin bank is up for sale.


  10. 10 laokokok Thursday, September 24, 2009 at 7:43 am

    Sorry Maddy, that coin bank shown is not mine.

  11. 11 ben Purdy Monday, February 14, 2011 at 11:44 pm

    I used to have a post office savings account way back in 1968 known as the POSB,I lost the book some time in 1969,I had not a lot in it then,but would like to trace this if I can,surely the Post office must have some record of this book.

    How do I go about tracing it?

  12. 12 Edward Sunday, May 5, 2013 at 1:11 pm

    Pretty section of content. I simply stumbled upon your weblog and in accession capital to
    assert that I acquire in fact loved account your blog posts.
    Anyway I’ll be subscribing in your augment and even I success you get entry to constantly fast.

  13. 13 Joannah Zhong Thursday, June 20, 2013 at 4:55 pm

    Hi, I’m a magazine writer from Singapore and am interested in borrowing your old POSB passbook for a photo shoot/ How should I contact you?

  1. 1 including theory Trackback on Tuesday, April 30, 2019 at 11:20 am

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