Inmostlocalitiestherearewelldefineddifferencesbetweenbanksandtrustcompanies.Theformerservetheirclientsasdepositoriesandextendcreditinproportiontotheaccountsthushandled,thegeneralrulebeingnottopayinterestondepositsbelongingtothosewhoareborrowers.Manytrustcompanies,particularlyinthesmallercommunities,followthesamepractice,buttheirusualfunctionisastheholdersofmoneysnotactivelyemployedforcommercialpurposes;onthesesumsinterestispaid;whentheyarewithdrawnitisfrequendyforpermanentinvestment.Theirso-calledtrustpowerscomprisetheregisteringandtransferringofstock,thecertificationofcorporatebonds,appointmenttoactasexecutor,administrator,trustee,committee,agent,andinalmosteverycapacityinwhichindividualsmightactwiththemorelimitedabilityofindividuals.