National banking under the Federal Reserve System

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Monograph

Identifikator:: 1757542345

URN:: urn:nbn:de:zbw-retromon-135097

Document type:: Monograph

Title:: National banking under the Federal Reserve System

Place of publication:: New York

Publisher:: The National City Bank of New York

Year of publication:: 1927

Scope:: 154 S.

Digitisation:: 2021

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: New York correspondent

Collection:: Economics Books

New York CORRESPONDENT obligation may be obtained from this Bank’s credit department. Credit Files The credit files of The National City Bank of New York contain credit information on upwards of 875,000 names, domestic and for- eign. Correspondents of The National City Bank of New York have access to this body of credit information; they are finding that every day, by drawing upon the information contained in these credit files, they are able to render most valuable service to their own clients. Telegraphic Facilities The National City Bank has direct telegraphic wires connecting with the important business centers of the nation, and through this system of direct communication, the Bank is able to effect for its cor- respondents transfers of funds, ete., with a minimum loss of time. Publications The Bank publishes a considerable volume of educational literature which is available to all of its correspondent banks.” Chief among the Bank’s regular publications is its Monthly Bulletin, which is a review and interpretation of current economic, financial and commercial con- ditions. A plan has been worked out whereby special editions of this publication are available for distribution by The National City Bank’s correspondents. These special editions carry the correspondent bank’s own advertisement, and are proving a very effective advertising and publicity medium to the correspondent banks that are at present using their own editions. A special folder explaining this service in detail, and giving an estimate of the small cost involved. will be fur- nished upon request. The Publicity Department is called upon from time to time to advise with correspondent banks regarding their publicity and adver- tising campaigns; to place in New York publications advertisements for correspondents, (such as legal notices required by the National Bank Act) and to advise regarding sources of material for publicity purposes. i 7

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