Full text of Mimeograph Letters and Statements of the Board : Questionnaire in Regard to Branches of Federal Reserve Banks, Number 180, Volume 1, Page 263

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263
180.

QUESTIONAIRE

IN

FEDERAL

1.

REGARD
RESERVE

TO

BRANCHES

OF

BANKS-

What should the functions of a branch of a Federal Reserve
Bank be?

For example, should such a branch perform for certain

specified member banks all the functions of the parent bank, or
should it be restricted as to its functions?

2.

Should certain territory be assigned to a branch bank or
should member banks be authorised to deal voluntarily either

with the parent or the branch?

3.

Is there a real demand so far as you know for the creation
of branches in your district* and if so to perform what functions?

4*

HOW many Reserve Cities (if any) are there in your district

which are more than fifteen hours’ rail journey from your Reserve
Bank?

5.

By what percentage would your cost of operation be increased

by the opening of one or more branches?

Ifhat is the minimum force

with which you could operate a branch?

6*

Would any useful purpose be served by establishing, at cities
upon or near the boundary line of other districts, joint or adjoin­
ing branches?