Show I 1 BANK GROUPS MAKE SURVEY I 1 american and state banking associations collaborate in investigation LOAN SERVICES STUDIED activities of the government in the banking field are reviewed and position of banks analyzed NEW YORK detailed bank researches covering all phases of practical operating and economic facts and conditions related to banking are being made by the american bankers association the resulting lesul ting material is 13 being placed at the disposal of all state banking associations which in I 1 many ins instances tancos are extending the researches S of the national assoni association aaion in their own states these activities are said to be a part of the 0 general program of banking development which is being beina e carried on by the organized banking business among the most extensive researches being conducted by the american bankers association is that of its committee on banking studies which is making a detailed survey of federal government lending 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 assumes what subsidy it extends what return it gets for what and to whom the money goes and on what terms tei it is loaned the government in cinkin it is not the intention of the committee to express its viewpoint about any agency says the foreword to this material its int intention antl on is only to determine the facts these facts prop er erly ly assembled and presented should help banks to meet government competition if and where it exists the committee believes the government entered the lending field at a critical period in order to aid banks and financial institutions if the time has ha 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 the banks bank must be equipped with full factual material as to the governments emergency lending activities and practices and that full cooperation has been given the committee by government agencies in obtaining facts binders of the material gathered have been placed by the committee in the hands of state associations investigation of 0 postal savings the committee on banking studies has also made a survey of the postal savings system throughout 0 the united states to ascertain to what extent it is competing 7 with chartered banks questionnaires were sent t to 0 banks in all places where postal savings depositories repositories deposit ories are operated and their answers will be analyzed as a basis for the committees findings the bank management commission of the american bankers association has made a nationwide nation wide survey covering the movement among banks to increase their earning abili i ties through Z fair and legitimate rates for services they render rende r their depositors it has developed a plan of account analysis as a basis of fair charges al business in order to justify it its s existence is founded on the economic principle that a reasonable return should be expected from services rendered the commission says personal income loans the bank management commission has also formulated methods for installing and operating personal income 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 for 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 part ment extends a valuable service which at the same time is profitable to the bank it adds that it is the duty of the banks to educate the pub lie lic to come to the bank for all finan cial services small borrowers should be informed that the local bank is willing to care for their demands i other researches i other researches are being made by the economic policy commission of the association dealing with shrink ages in liquid commercial loans caused by economic changes in the nations business methods while the national bank division las aas made studies of the lending and investment powers of this class of bank the present status of the real estate investment field and of detailed data by states on earnings and expenses the savings e division has gathered the facts showing g savings in banks of all types the number of savings de po the per capita savings foi the country as a whole and the effects of current economic and social socia 1 changes upon the savings habits 0 of f the american people the associations state bank div sion has issued the most recent for biguri garv available as to the detailed condi eions of state banks showing stead improvement in the position of th state banks with marked expansion in their aggregate resources the trust division has compiled fruide aide to fees with a recommends ost accounting system |