| Show CHECK CREDIT information TO BE COLLECTED FOR NATIONAL BANK EXAMINERS system to be installed expected to bo be a check on the borrowings which will make it extremely hazardous for the dishonest individual washington A tentative system of collecting credit information tor for the benefit of the national bank examiners with the compilation and checking up of the commitments ol oj large local and extended borrowers has baa been formulated by a committee of examiners who have been meeting at the treasury department every examiner hereafter heie liete after will keep tor for his own use a complete file of a large and extended borrowers in bis b ic district which list will bo be sent to the treasury tica sury department for summarize sum mariz lz ing the machinery available by the comptroller of the currency will be put to work to gather such credit in formation as can be obtained from national banks and from state ban banks ks and trust companies located in states where there Is already cooperation between the federal and state bank ing off officials acial the examiners will not divulge the name of the bank where a line of the credit Is found of an extended borrower their special reports giving the total only of the loans listed these lists are entirely confidential it is expected that the knowledge that a hundred or more men will be keeping a constant check on the borrowings will make it extremely haz aldous for the dishonest individual firm or corporation to get money aiom the national bables bank s |
