2902 COLBY AVE 2018-01-02 MF Import

Rage 2 I WHAT AMOUNT OF VEHICLE PARKING SPACE WILL BE NEEDFD TO ACCOMMODATE CUSTOMERS OF FIDELITY MUTUAL SAVINGS BANK? The actual usage of vehicle parking space at existing savings institutions, interpreted appropriately for the Fidelity location, gives the amount that will be needed. There are three savings offices in the central business district of Everett which provide on -site parking for their customers: Everett Federal Savings & Loan Assoc., 1502 Wall Street Pioneer-lst Federal Savings & Loan Assoc., 2628 Colby Avenue Washington Mutual Savings Bank, 3102 Colby Avenue A tabulation of actual parking space usage at those offices is shown in illustration 1. During the period of March 16 through March 29, 1979 counts were taken four times each business day and the numbers of custo- mer vehicles parked were tabulated. The range in the number parked at one time at the three locations is from 0 to 11.2. Because the number of vehicle parking spaces needed to serve savings bank customers is related in part to total savings volume the following analysis of that relationship is made. The total savings volumes of the three institution offices are the following: Everett Federal Savings & Loan Assoc. $40,000,000 Pioneer-lst Federal Savings & Loan Assoc. $70,000,000 Washington Mutual Savings Bank $40,000,000 Referring to the summary figures at the end of Illustration 1 for the largest numbers of vehicles parked, it follows that the numbers of cus- tomer vehicles parked at one time in relation to the volumes of savings are these: Dollars of savings per vehicle parked Everett Federal Savings & Loan Assoc. ($40,000,000 - 7) $5,714,286 Pioneer -1st Federal Savings & Loan Assoc. ($70,000,000 -,� 11.2) $6,250,000 Washington Mutual Savings Bank ($40,000,000 r 11) $3,636,363