Statistical Data: Federal Reserve Committee on Branch, Group and Chain Banking



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Description:
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.

The Federal Reserve Committee on Branch, Group, and Chain Banking 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. Fleming, 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.

Citation
Board of Governors of the Federal Reserve System (U.S.). Committee on Branch, Group, and Chain Banking, ([year]), Statistical Data: Federal Reserve Committee on Branch, Group and Chain Banking, [issue title/date], accessed Apr 24, 2014 from FRASER, http:fraser.stlouisfed.org/publication/?pid=811

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1931