Absorption of Exchange Or Collection Charges by Member Banks, Hearings Before ..., 78-2 on S. 1642 and H.R. 3956 ..., December 7... 15, 1944 |
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... president of the Georgia Bankers Association . Auperin , Louis , vice president , First National Bank & Trust Co. , Amityville , N. Y___ . Carson , C. W. , president , First National Bank , Albuquerque , N. Mex . , and New Mexico ...
... president of the Georgia Bankers Association . Auperin , Louis , vice president , First National Bank & Trust Co. , Amityville , N. Y___ . Carson , C. W. , president , First National Bank , Albuquerque , N. Mex . , and New Mexico ...
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... president , Citizens Bank of Jonesboro , Ark _-- McMullan , W. P. , executive vice president , Newton County Bank , Newton , Miss_ Mitchell , J. E. , president , First National Bank , Carbondale , Ill . Neiman , Don E. , secretary , Des ...
... president , Citizens Bank of Jonesboro , Ark _-- McMullan , W. P. , executive vice president , Newton County Bank , Newton , Miss_ Mitchell , J. E. , president , First National Bank , Carbondale , Ill . Neiman , Don E. , secretary , Des ...
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... president , Hudson County National Bank , Jersey City , N. J. , statement____ 273 Glass , Carter , United States ... president , First National Bank of Cor- nelia , Cornelia , Ga . , statement__ 239 S. 1642 1 Treasury Department , report ...
... president , Hudson County National Bank , Jersey City , N. J. , statement____ 273 Glass , Carter , United States ... president , First National Bank of Cor- nelia , Cornelia , Ga . , statement__ 239 S. 1642 1 Treasury Department , report ...
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... other witnesses . Mr. GORMLEY . Yes , sir ; I will present the first witness now , but I would just like to make a brief preliminary statement . The CHAIRMAN . You may do so . 1 STATEMENT OF R. E. GORMLEY , VICE PRESIDENT , GEORGIA.
... other witnesses . Mr. GORMLEY . Yes , sir ; I will present the first witness now , but I would just like to make a brief preliminary statement . The CHAIRMAN . You may do so . 1 STATEMENT OF R. E. GORMLEY , VICE PRESIDENT , GEORGIA.
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... PRESIDENT , GEORGIA SAV- INGS BANK & TRUST CO . , ATLANTA , GA .; CHAIRMAN , NATIONAL ASSOCIATION OF NONPAR BANKS Mr. GORMLEY . Mr. Chairman and gentlemen of the committee , my name is R. E. Gormley . I am vice president of the Georgia ...
... PRESIDENT , GEORGIA SAV- INGS BANK & TRUST CO . , ATLANTA , GA .; CHAIRMAN , NATIONAL ASSOCIATION OF NONPAR BANKS Mr. GORMLEY . Mr. Chairman and gentlemen of the committee , my name is R. E. Gormley . I am vice president of the Georgia ...
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absorb exchange charges absorb the exchange absorption of exchange amendment American Bankers Association amount balances Banking and Currency banking system believe Board of Governors Brown-Maybank bill Carolina cash cents Chairman charging exchange checks drawn collection charges Congress correspondent banks cost Currency Committee customers demand deposits Deposit Insurance Corporation depositors DRAWDY enacted enforce exchange absorption fact Federal Deposit Insurance Federal Reserve Act Federal Reserve banks Federal Reserve Board Federal Reserve System funds gentlemen Georgia GIDNEY GORMLEY hearings income interest on demand issue legislation Louisville bank Maybank bill MCDONNELL member banks National Bank nonmember banks nonpar banks operating out-of-pocket expenses paid payment of interest payment or absorption percent practice of charging president profit prohibition question regulation Q remit ruling Senator BUCK Senator BUTLER Senator HAWKES Senator MAYBANK Senator MCCLELLAN Senator TAFT service charge small banks statement statute tion
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241 ÆäÀÌÁö - ... trust funds", to determine what shall be deemed to be a payment of interest, and to prescribe such rules and regulations as it may deem necessary to effectuate the purposes of this section and prevent evasions thereof : Provided, That, within the meaning of the provisions of this section regarding the reserves required of member banks, the term "time deposits...
266 ÆäÀÌÁö - Within this part any payment to or for the account of any depositor as compensation for the use of funds constituting a deposit shall be considered interest.* (b) Exceptions.
231 ÆäÀÌÁö - Federal reserve banks and their branches, and may at its discretion exercise the functions of a clearing house for such Federal reserve banks, or may designate a Federal reserve bank to exercise such functions, and may also require each such bank to exercise the functions of a clearing; house for its member banks.
1 ÆäÀÌÁö - October 14, 1940, as amended, is amended by inserting before the period at the end thereof a colon and the following : "Provided further, That...
1 ÆäÀÌÁö - Act, as amended (relating to the payment of interest by member banks on demand deposits), is amended by inserting before the period at the end thereof a colon and the following: "Provided further, That this paragraph shall not be deemed to prohibit the absorption of exchange or collection charges by member banks".
115 ÆäÀÌÁö - UNITED STATES SENATE, COMMITTEE ON BANKING AND CURRENCY, Washington, DC The committee met at 10:30 am, pursuant to adjournment on yesterday, in room 301, Senate Office Building, Senator Robert F.
237 ÆäÀÌÁö - In the present case, the court below naturally felt bound to follow and apply the law as clearly announced by this court. If litigants and lower federal courts are not to do so, the law becomes not a chart to govern conduct but a game of chance; instead of settling rights and liabilities it unsettles them.
271 ÆäÀÌÁö - I did file such a bill in the Supreme Court of the United States. The Supreme Court of the United States...
278 ÆäÀÌÁö - Board, but in no case to exceed 10 cents per $100 or fraction thereof, based on the total of checks and drafts presented at any one time, for collection or payment of checks and drafts and remission therefor by exchange or otherwise...
272 ÆäÀÌÁö - ... nonmember bank or trust company deposits of current funds in lawful money, national-bank notes, Federal reserve notes, checks and drafts payable upon presentation, or maturing notes and bills : Provided, such nonmember bank or trust company maintains with the Federal reserve bank...