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Home » Federal Reserve History » Federal Reserve Committee on Branch, Group, and Chain Banking

Federal Reserve Committee on Branch, Group, and Chain Banking

Federal Reserve Committee on Branch, Group, and Chain Banking

This committee was appointed by the Federal Reserve Board on February 26, 1930. The charge to the committee was "to assemble and digest information on branch banking as practiced in the United States and elsewhere, the unit banking system of the country, and the effect of ownership of bank stocks by investment trusts and holding corporations." Ten reports, a progress report and a summary report were completed by the committee. Committee members were E.A. Goldenweiser, Chairman, Director of Research and Statistics, Federal Reserve Board; Ira Clerk, Deputy Governor, Federal Reserve Bank of San Francisco; M.J. Felming, Deputy Governor, Federal Reserve Bank of Cleveland; L.R. Rounds, Deputy Governor, Federal Reserve Bank of New York; and E.L. Smead, Chief, Division of Bank Operations, Federal Reserve Board. J.H. Riddle served as Executive Secretary and Director of Research.

Statistical Data: Federal Reserve Committee on Branch, Group and Chain Banking (pdf 8M)
Data submitted to the Subcommittee of the Committee on Banking and Currency. This is supporting documentation for the Progress Report by the committee dated November 30, 1931 transmitted by the letter from Chester Morrill to William McChesney Martin dated December 2, 1931.
Author(s): Board of Governors of the Federal Reserve System (U.S.)
Dates(s): November 6, 1931

Progress Report of the Committee on Branch, Group and Chain Banking to the Conference of Governors and Chairmen (pdf 355k)
A cover letter to Mr. William McChesney Martin, Governor, Federal Reserve Bank of St. Louis, from Chester Morrill, Secretary, Board of Governors, transmitting a copy of data requested by Senator Carter Glass for the Senate Committee on Banking and Currency's survey of the operation of the National and Federal Reserve banking systems.
Author(s): Board of Governors of the Federal Reserve System (U.S.)
Dates(s): November 28, 1931

Letter from Chester Morrill to William McChesney Martin (pdf 46k)
A cover letter to Mr. William McChesney Martin, Governor, Federal Reserve Bank of St. Louis, from Chester Morrill, Secretary, Board of Governors, transmitting a the following documents: Progress Report of the Committee on Branch, Group and Chain Banking to the Conference of Governors and Chairmen, November 30, 1931; Statistical Data, November 6, 1931.
Author(s): Board of Governors of the Federal Reserve System (U.S.)
Dates(s): December 2, 1931

Summary of the Reports (pdf 4.5M)
A summary of the final reports produced by the committee.
Author(s): Board of Governors of the Federal Reserve System (U.S.)
Dates(s): Circa 1932

Branch Banking in the United States (pdf 8.5M)
A history and statistical analysis of branch banking in the United States. The statistical series in this volume in most instances end with the year 1931.
Author(s): Board of Governors of the Federal Reserve System (U.S.)
Dates(s): Circa 1932

Branch Banking in California (pdf 14.3M)
A history and statistical analysis of branch banking developments in California. The statistical series in this volume in most instances end with the year 1931.
Author(s): Board of Governors of the Federal Reserve System (U.S.)
Dates(s): Circa 1932

Branch Banking in England (pdf 5.7M)
A study of branch banking in England, its organization, safety record, and service to the public.
Author(s): Board of Governors of the Federal Reserve System (U.S.)
Dates(s): Circa 1932

Branch Banking in Canada (pdf 7.5M)
A study of branch banking in Canada, its organization, safety record, and service to the public.
Author(s): Board of Governors of the Federal Reserve System (U.S.)
Dates(s): Circa 1932

Banking Groups and Chains (pdf 15.2M)
A history and statistical analysis of group and chain banking in the United States. The statistical series in this volume in most instances end with the year 1931.
Author(s): Board of Governors of the Federal Reserve System (U.S.)
Dates(s): Circa 1932

Changes in the Number and Size of Banks in the United States, 1834-1931 (pdf 5.6M)
A digest of statistical material with reference to changes in the number and size of banks in the United States during the period 1834-1931. It compares the structure of the banking system in 1930 with that in 1920, and for the period 1921-1931 presents classified data describing the relative importance of certain factors of change in the banking structure, particularly the number of banks newly organized, bank consolidations, bank suspensions, and voluntary liquidations.
Author(s): Board of Governors of the Federal Reserve System (U.S.)
Dates(s): Circa 1932

Changes in the Number and Size of Banks in the United States, 1834-1931. Appendix A (pdf 10.9M)
Statistical Tables and other information supporting the report on changes in the number and size of banks. It includes definitions of terms used in the report and 20 tables.
Author(s): Board of Governors of the Federal Reserve System (U.S.)
Dates(s): Circa 1932

Changes in the Number and Size of Banks in the United States, 1834-1931. Appendix B (pdf 8.2M)
Digest of State Laws Relating to Private Banks or Bankers. It includes the laws listed by state as of February 15, 1931, having reference to the organization and operation of private banks or bankers.
Author(s): Board of Governors of the Federal Reserve System (U.S.)
Dates(s): Circa 1932

Changes in the Number and Size of Banks in the United States, 1834-1931. Appendix C (pdf 9M)
Digest of Federal and State Laws Relating to Consolidation, Merger, etc., of Banks and/or Trust Companies. It includes laws in effect as of July 1, 1931.
Author(s): Board of Governors of the Federal Reserve System (U.S.)
Dates(s): Circa 1932

Bank Suspensions in the United States, 1892-1931 (pdf 17.7M)
A digest of statistical material with reference to bank suspensions in the United States during the period 1892-1931. For the period 1921-1931, it includes a detailed analysis of suspensions, by geographic divisions, by size of towns, and by size of banks; it also contains general data relating to 1932.
Author(s): Board of Governors of the Federal Reserve System (U.S.)
Dates(s): Circa 1932

225 Bank Suspensions: Case Histories from Examiners' Reports (pdf 8.8M)
A study of 225 banks which suspended during the years 1921-1931. The material is largely derived from a review of examiner's reports.
Author(s): Board of Governors of the Federal Reserve System (U.S.)
Dates(s): Circa 1932

Banking Profits, 1890-1931 (pdf 44M)
Material with reference to the profits earned by banks during the period 1890-1931, together with analyses of the relations of expenses incurred and losses suffered to banking profits.
Author(s): Board of Governors of the Federal Reserve System (U.S.)
Dates(s): Circa 1932

The Dual Banking System in the United States (pdf 10.5M)
A review of legislative and supervisory developments under the dual banking system in the United States.
Author(s): Board of Governors of the Federal Reserve System (U.S.)
Dates(s): Circa 1932


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