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Show BANK GROUPS MAKE ' NATIONWIDE SURVEY - American and State Banking t Associationi Collaborate in Investigation LOAN SERVICES STUDIED Activities of the Government in the Banking Field Arc Reviewed and Position of Banks Analyzed ' NEW YORK.. Detailed bank researches, re-searches, covering all phases of practical prac-tical operating and economic (acts and conditions related to banking, are being made by the American i Bankers Association. The resuJting material Is being placed at the disposal dis-posal of all state banking associations, which In many Instances are extending extend-ing the researches of the naUonal association as-sociation in their own states. These activities are said to be a part of the general program of banking development develop-ment which Is being carried on by the organized banking business. Among the most extensive researches re-searches being conducted by the American Bankers Association ts that of its Committee on Banking Studies, which Is making a detailed survey of Federal Government lending lend-ing agencies and policies. The basic material, which is kept up to date by continuing studies, shows where the Government agencies get the money they lend, what liability the Government Govern-ment assumes, what subsidy It extends, ex-tends, what return It gets, for what and to whorrt the money goes and on what terms It Is loaned. The Government In Banking "It is not the intention ot the committee com-mittee to express its viewpoint about any agency." says the foreword to this material ?is intention is only to determine the facts. These facts properly assembled and presented should help banks to meet Government Govern-ment competition if and where It exists ex-ists The committee believes the Government Gov-ernment entered the lending field at a critical period in order to aid banks and financial institutions. If the time has come for the Government to withdraw, it is the duty of bankers to demonstrate their readiness to take care of all sound credit needs." It adds that 'he banks must be equipped with full factual material as to the Government's emergency lending activities and practices, and that full cooperation has been given the comrnittee by Government agencies agen-cies In obtaining facts. Binders ol the material gathered have been placed by the committee In the nands of state association officers and committees com-mittees of three members appointed to cooperate with It in carrying on banking research. The Committee on Banking Studies has also made a survey of the Postal Savings System throughout the United States to ascertain to what extent it is competing with chartered banks. Questionnaires were sent to banks in all places where Postal Savings Sav-ings depositories are operated and over 93 per cent returned answers which will be analyzed as a basis for the committee's findings. The Bank Management Commission Commis-sion of the American Bankers Association Asso-ciation has made a nation-wide survey sur-vey covering the movement among banks to Increase their earning abilities abili-ties "through rair and legitimate rates for services they render their depositors." The commission has developed de-veloped a uniform plan ot account nnnivdf n a hnsls of sound charges. Personal Income Loans The Bank Management Commission Commis-sion has also formulated methods for Installing and operating personal Income In-come loan departments In banks "This plan' contemplates making loans primarily to Individuals and small business concerns, based upon the character and assured Incomes of the borrowers, as distinguished from the usual basis tor 'commercial loans, " the commission says. It points out that a large part of the population is not now making use of available bank credit and that "to these people the personal loan department extends a valuable service ser-vice which at the same time Is profitable profit-able to the bank. ' It adds that It is the duty ot the banks to educate the public to come to the bank for all financial services Small borrowers should be Informed that the local bank Is ready and willing to taki care of their demands." Other Researches Other researches are being made by the Economic Policy Commission of the association dealing with shrinkages In liquid commercial loans caused by the economic changes In the nations business methods while the National Bank Division has made studies ot the lending and Investment powers ot this class ot bank, the present status of the real estate investment field and of detailed de-tailed data by states on earnings and expenses. The Savings Division has gathered the facts showing savings in bank! of all types, the number of savingi depositors, the per capita savings foi the country as a whole and the eflecli of current economic and social changes upon the savings habits ol the American people. The association's State Bank Division Divi-sion has issued the most recent figures fig-ures available as to the detailed conditions con-ditions of state banks showing steadj improvement in the position of tht state banks, with marked expansior la their aggregate resources. whil the Trust Division has compiled I guide to fees with a recommendef I cost accounting system. |