The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
F ederal reserve Bank OF DALLAS Dallas, Texas, May 25,1955 To the Member and Par Nonmember Banks in the Eleventh Federal Reserve District: A recent survey of checks payable in the Eleventh Federal Reserve District disclosed that only 83.2 percent conformed with the Check Routing Symbol Plan. This comparatively low percentage resulted, in part, from the presence of many “changed” checks and those written on “Customer Draft” forms. Bank personnel and others through whose hands the checks must pass before reaching the paying bank find that changed checks and checks made out on draft forms reduce their efficiency, not only because the routing symbol and A.B.A. transit number of the drawee bank are missing but because such items, at best, are more difficult to handle than checks with the name and location of the bank printed thereon. We believe most paying banks prefer that depositors use the bank’s regular check forms, as they are easier to handle and represent a medium of advertising for the bank. We know of no easy solution to this problem, but it has occurred to us that individual banks might be interested in enclosing a reminder in the monthly statements mailed to depositors who frequently use changed checks or draft forms. Attached is a copy of an “enclosure slip” which we have prepared for such purpose. We shall be glad to furnish you at no charge, any quantity of these slips that might be needed. In ordering them, please specify Form Tr. 194, and indicate the quantity desired. The slips are in packages of 200, and it would be appreciated if they are ordered in multiples of 200. Your cooperation in this program will be sincerely appreciated. Yours very truly, Watrous H. Irons President This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) YOU CAN HELP US YES, YOU CAN HELP US and everyone else who handles your checks. WHEN YOU WRITE A CHECK it may pass through many hands before it gets back to you as a paid and canceled check. YOU CAN MAKE IT EASY for everyone who handles your checks if you will use our check forms when you draw on us. WHY IS THIS IMPORTANT? Because it is easier to read the name and address of the paying bank shown on a printed check. Also, there are some numbers printed on our checks which are very helpful to bank people who handle the checks. CARRY YOUR CHECKBOOK with you or put a few blank checks in your pocketbook or purse. SO YOU SEE, this request we are making of you will save much time and trouble for the people that handle your checks. USE OUR CHECKS THE NEXT TIME YOU WRITE A PERSONAL CHECK — EVERYONE CONCERNED WILL THANK YOU! Tr. 194
@FedFRASER