Show THE WORK OF CREDIT Bank Shows Show How It Gi e Needed Aid to All AU Classes of Prudent Borrowers How flow a bank loan toan portfolio pro pre pc a 1 graphic cross picture ot or t the bu Inc o of or Its community Is 1 disclosed by the description which a bank recently car gave ot of its Uil loans Joans to customers customer It revealed revelled also how closely Interwoven with Its I neighbors varied lives are the threads of or the tir banks bank's bank financial help help- This description showed that the th bank had made a loan of or to toa toa toa a local shoo hoo manufacturer to pur pur- pur pur materIals discount bills and meet current requirements To a wholesale grocer ocer had boon beon eon advanced for tor the tho purchase ot of Inventory tho loan toan to be repaid over oyer overa overa a period I In accordance with specIfied terms set forth In the loan agree agree- Bre ment if Assistance in Personal Pcr Matters Another loan Joan had been made to a ahome homo home owner to the amount of ot for paInting and repairing This was rondo In cooperation with the Fed Fed- Federal Federal eral Housing Administration and was beIng belne repaid In U twenty tour twenty monthly In Installments of or each A A dentist enlist had bad been loaned to purchase e new equipment He was paying o off the debt out of ot his pro pro- professional professional earnings as ns they came camo In To a n large laif domestic refrigerator distrIbutor 1 hr men boan oen granted on warehouse receipts to finance dealer shipments A homo home owner had been boon granted a mortgage loan to be bo repaid In three years One On thousand dollars had been ad- ad ad advanced to an office worker on the cash surrender value o of his Insurance anco ance policy to aid him In meeting an The National Total It If each o of these various examples were multiplied many times the reo re- re result suit sult would represent the total volume of credit cooperation which tho bank was extending to Its neigh neigh- neighbors bors bors In Its community for tor aggregate cate gate loans to all aU Its customers amounted to more than twelve million mil million lion dollars It if the tho typical cum examples pies here given were multiplied by many millions or of times the result would represent the total economic economic- cooperation which the banking system of ot the country as a whole Is extending to aid the Innumerable personal professional proCessIonal industrIal and commercial activities which make up the whole business life lite of oC the tho nation The Tho nationwide total of such loans Is In lu excess of oC 20 0 billion dollars |