Show PUBLIC INJURED BY BANK GOSSIP national association declares community interests demand protection against idle rumors DOTH OTH in their advertising and in their direct contacts frith with cue cus bomers and others bankers should consciously and persistently devote are time and thought to keeping people mindful of the fact that while the bank has many obligations toward its customers equally Is it true that tho me depositor also has certain obliga bious to the bank to enable it to properly maintain its position la in the corn com a recent statement of tb the american bankers Aasc lallon declares A bank admittedly edly Is a semi public and there is a mutuality ot of obligation resting upon both the tb banker and his lils customers to maintain the effective functioning of that insel aution that is superior to the personal interests late rests of either it says bankers aukers 13 might veil well consciously de do tot tots greater effort to building up the public viewpoint in their communities that due to their public obligations and burden of public interest the banks are entitled to protection a 16 alist informed ill III or malicious gos sly and rumors the statement says As to banks in some states bank lairs laws afford this protection U points out we recommend that this protection be availed of by definite action wherever practical both as A matter of immediate expediency an also to awaken public opinion as to the dangers of idle gossip about a banking institutions |