Proceedings of the annual convention of the American Bankers' Association Volume 44 - Softcover
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1918 Excerpt: ... been academic and also questions of the hour. Cooperation is absolutely necessary. W«e are getting away from the one man and one bank idea. Bankers themselves, in their own business, have awakened to the fact that efficiency means the calling together of every officer and manager at the close of business or at the opening in the morning, there to discuss, outline, and plan the daily work, giving to each and every one some duty to carry out and to plan a better handling of the daily business. These things are practical and show the trend of the times toward organization and cooperation, and aa a natural outgrowth of these conditions there has arisen a sentiment and a necessity for each and every town and city having three or more banks to form clearing house associations, and for every county to have in it a county bankers association both active and working to carry out in minutest detail the things that are commanded to be done in the community, the state and by those at the head of our nation's affairs. In presenting to you the importance of clearing house organizations and county bankers associations, I wish to call attention to the great part our small country banks have to do with the administration of our country's affairs. Of approximately 30,000 banks in our whole country, about 20,000 have a capital of $50,000 or less, and a major per cent, of them are located in towns of 10,000 and less. This fact reduced to its lowest terms means that these banks, because of their numbers, location and influence, must cooperate locally in the same manner that the city banks have done in order that they, themselves, and our several state and the American Bankers Association can do effective work, and perform their functions. If I were to preamble the work of...
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- PublisherRarebooksclub.com
- Publication date2012
- ISBN 10 1130511057
- ISBN 13 9781130511055
- BindingPaperback
- Number of pages516
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