Absorption of Exchange Or Collection Charges by Member Banks: Hearings, Seventy-eighth Congress, Second Session, on S. 1642 and H.R. 395, Bills to Amend the Federal Reserve Act, as Amended, to Provide that the Absorption of Exchange and Collection Charges Shall Not be Deemed the Payment of Interest on Deposits. Dec. 7-8, 11-15, 1944U.S. Government Printing Office, 1945 - 322ÆäÀÌÁö |
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... force us into the Federal Reserve System . Senator MAYBANK . And at the present time you are operating under the laws of the State of Georgia , are you not ? Mr. GORMLEY . Yes , sir . Senator MAYBANK . And if there were anything wrong ...
... force us into the Federal Reserve System . Senator MAYBANK . And at the present time you are operating under the laws of the State of Georgia , are you not ? Mr. GORMLEY . Yes , sir . Senator MAYBANK . And if there were anything wrong ...
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... force all banks into the System . Incidentally , gentlemen of the committee , in that same bill was writ- ten the original prohibition against payment of interest on demand deposits . In the House hearing it was contended that this was ...
... force all banks into the System . Incidentally , gentlemen of the committee , in that same bill was writ- ten the original prohibition against payment of interest on demand deposits . In the House hearing it was contended that this was ...
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... forces which encourage the Federal Reserve to crack down and enforce this regulation , have allied themselves with the wholesale and manufacturing trade of this coun- try , for no other purpose than to embarrass the little banks of the ...
... forces which encourage the Federal Reserve to crack down and enforce this regulation , have allied themselves with the wholesale and manufacturing trade of this coun- try , for no other purpose than to embarrass the little banks of the ...
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... force us to vigorously dissent from them . Are they sentenced to starvation ? The outstanding argument of the nonpar banks is emotional . They declare that this ruling of the Federal Reserve Board condemns many of them to death by ...
... force us to vigorously dissent from them . Are they sentenced to starvation ? The outstanding argument of the nonpar banks is emotional . They declare that this ruling of the Federal Reserve Board condemns many of them to death by ...
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... force all banks of the United States on a par - clearance basis , or into the Federal Reserve System . I would like to say this one further thing to you gentlemen of the committee Senator HAWKES . Mr. Chairman , may I ask a question ...
... force all banks of the United States on a par - clearance basis , or into the Federal Reserve System . I would like to say this one further thing to you gentlemen of the committee Senator HAWKES . Mr. Chairman , may I ask a question ...
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absorb exchange charges absorb the exchange absorption of exchange amendment American Bankers Association amount Atlanta balances Banking and Currency banking system believe Board of Governors Brown-Maybank bill Carolina cash cents Chairman charging exchange checks drawn Congress correspondent bank cost Currency Committee customers demand deposits Deposit Insurance Corporation depositors DRAWDY earnings enacted enforce expense fact Federal Deposit Insurance Federal Reserve Act Federal Reserve banks Federal Reserve Board Federal Reserve System gentlemen Georgia GIDNEY GORMLEY HAUGO hearings income interest on demand legislation letter Louisville bank Maybank bill MCDONNELL member banks National Bank nonmember banks nonpar banks operate out-of-pocket expenses paid payment of interest percent practice of charging profit prohibition question regulation Q remit ruling Senator BUCK Senator BUTLER Senator HAWKES Senator MAYBANK Senator MCCLELLAN Senator TAFT service charge small banks small country bank statement thing THORNTON tion
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259 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...
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...
127 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.
291 ÆäÀÌÁö - I did file such a bill in the Supreme Court of the United States. The Supreme Court of the United States...
298 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...
44 ÆäÀÌÁö - The committee will be in recess until 2 o'clock this afternoon. (Whereupon, at 12:80 pm, a recess was taken until 2 pm of the same day.) AFTERNOON SESSION (The committee reconvened at 2 pm upon the expiration of the recess.) The CHAIRMAN.
262 ÆäÀÌÁö - That nothing in this or any other section of this act shall be construed as prohibiting a member or non-member bank from making reasonable charges...
275 ÆäÀÌÁö - System of regulation Q will materially affect the present well-ordered operation of the banking institutions in South Carolina: Now, therefore, be it Resolved, That it is the sense of this Board that the Congress should immediately take the necessary action to...
268 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.
292 ÆäÀÌÁö - ... non-member bank or trust company deposits of current funds in lawful money, nationalbank 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...