The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
-~ ~ '_· FEDERAL RESERVE BOARD WASHINGTON X-3342 February 27, 1922. StmJECT: Notation on blank cheeks of member banks indicating branch to which they should be sent for collection. Dear Sir: The Board has received a letter from a member bank which is located in the brPnch territory of one of the Federal Reserve ranks, calling attention to the fact that while many of the member banks have on their blank checks the number of their Federal Reserve District they do not have anything to indicate the branch to which the issuing bank is assigned and to which its checks should·be sent for collection. The suggestion is made that if some means coulQ be devised of i~ dicating the branch on the checks it wouli facilitate the handling of the items. Possibly the printing of the name of the branch in skeleton letters. across the numerals might be desirable, but the suggestion is r·sferred to you for consideration and for such action as you may deem advisable. Very truly yours, G o v e r n o r. GOVERNORS OF /1 t.L F. R.. r ~ 'NKS COOIES TO F. R .. ~.GF.NTS. ~ ~~ - ·- ( _,.i