NATIONAL BANKING UNDER THE FEDERAL RESERVE SYSTEM

Library

The Bank’s financial library contains upwards of 100,000 volumes,
periodicals, corporate reports, etc. It is a pleasure for the Bank’s
librarian to give suggestions to correspondent banks that wish to
build up libraries of their own, to prepare bibliographies and lists of
readings on financial topics when requested to do so, and, in a word,
to make this large treasure-house of financial literature useful to the
Bank's clients.

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Statistical Information

The Statistical Department of this Bank is often called upon to compile
 statistical reports for correspondent banks. Such requests are
always gladly met and the information of course is furnished with
this Bank’s compliments.

Educational Facilities

The Educational Department is frequently in a position to give
counsel to correspondent banks that are interested in educational
matters.
Forewgn Divisions

Since the establishing of The National City Bank of New York's
Foreign Department back in 1897, the Bank has tirelessly striven to
develop its facilities for foreign banking, to keep pace with the ever
enlarging needs of American business men. With the passage of
the Federal Reserve Act, which gave American banks the privilege
of establishing branches abroad, the National City Bank at once
began serving the interests of American trade by the opening of
foreign offices. The Bank’s own branches, and those of the International
 Banking Corporation, (owned by The National City Bank)
are located in the principal cities of South America and the Caribbean
district, throughout the Far East, and at such important European
commercial centers as London, Paris, Antwerp, Brussels, Lyons,
Barcelona, Madrid and Genoa.
This world-wide network of branches, supplemented by correspondents
 in all cities where branches do not exist, places The National
City Bank of New York in a unique position for being of assistance

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