Show ADJUSTING BANKING BALING TO CHANGING NEEDS by ROBERT V FLEMING president american bankers association ANKERS recognize that changing B BANKERS conditions require now new methods ot of loins doing busin business esq however it t Is their responsibility to retain those es sentral and sound financial ples ale upon which country was founded and has grown to be ba what Is still the richest nation in the world many of our tilt dif ticul I 1 leu ties have arisen from laih ot of confidence and from mi sunder R V FLEMING standing there toro fore it behooves the banker to bend every effort to chento a better public understanding ot of sound banking and thereby bring about that united effort slid and cooperative spirit which will nas ten the day ot of national recovery and restore to the banker the confidence ot of the public to which be Is entitled As in an approach to the realization of 0 th this Is ideal bankers should carefully scrutinize every application for a loan to see it if it Is bankable and it if it Is not in bankable form then make further examination to see it if the loan can be made so in order that the uses of credit may be stimulated ted explaining loan factors factor toi to customer we must not expect our customers to be ba bankers akers and understand all the factors which we must consider before I 1 granting a loan it if we find that a loan Is not and cannot be made bankable then I 1 think we should take pains to explain to the applicant the reasons why it cannot be granted there are other measures which I 1 think it important for the banker to undertake in order to eliminate the misunderstandings which have arisen and overcome the sentiment which exists under present conditions we have to operate under many laws and regulations and also watch what lur fue ther legislation is being proposed which affects our methods of operation and inay may not be in the best interest of the communities we serve nowadays it seems at times we must sit with a law book in one hand and a book of regula eions in the other in order to make certain we are discharging our dally daily duties and functioning strictly in accordance with the law all ot of this Is very trying yet I 1 think in the end we shall become better bankers I 1 believe it Is the duty of every banker today to endeavor to understand the public he serves in addition to his dally daily duties trying as they are he should participate in the activities of his community so that with the fund ot of information available to him lie he may be as helpful as possible in ali all public and civic matters |