Branch Banking With Special Reference to California Conditions
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In our eReader you can find the full English version of the book. Read Branch Banking With Special Reference to California Conditions Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Branch Banking With Special Reference to California Conditions
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While he is of the opinion that the number of banks is unnecessarily large he has not been able to bring about any practicable plan of development along other lines. The result is an "open season" for establishing branch offices. It appears not to be feasible and might prove unlawful for the interested bankers to divide the territory and thus avoid duplication and wasteful competition. The banks which would prefer not to expand their branch system so extensively are confronted with a condition ...and not a theory. Theoretically the unit bank with a limited number of strategically located branches would be more economical. But the actual condition is that banks pursuing this policy are losing deposits to the bank with conveniently located branches.
Whether or not the " service station" type of branch can continue indefinitely has not been fully demonstrated. It is ^5° 8 HOWARD H. PRESTON the opinion of some bankers that eventually these branches will be forced by competition to add other banking functions until they become full banks.
What to read after Branch Banking With Special Reference to California Conditions?
You can find similar books in the "Read Also" column, or choose other free books by Howard Hall Preston to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
While he is of the opinion that the number of banks is unnecessarily large he has not been able to bring about any practicable plan of development along other lines. The result is an "open season" for establishing branch offices. It appears not to be feasible and might prove unlawful for the interested bankers to divide the territory and thus avoid duplication and wasteful competition. The banks which would prefer not to expand their branch system so extensively are confronted with a condition ...and not a theory. Theoretically the unit bank with a limited number of strategically located branches would be more economical. But the actual condition is that banks pursuing this policy are losing deposits to the bank with conveniently located branches.
Whether or not the " service station" type of branch can continue indefinitely has not been fully demonstrated. It is ^5° 8 HOWARD H. PRESTON the opinion of some bankers that eventually these branches will be forced by competition to add other banking functions until they become full banks.
What to read after Branch Banking With Special Reference to California Conditions?
You can find similar books in the "Read Also" column, or choose other free books by Howard Hall Preston to read onlineMoreLess
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