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F ederal

reserve bank of




Circular No. 73-333
December 2k, 1973

To the Chief Executive Officer of the Member Bank Addressed
in the Eleventh Federal Reserve District:
The Functional Cost Analysis Program offered by this Reserve
Bank has completed its eighth year of operation. The 197^ program is now
available for interested member banks in the Eleventh Federal Reserve
District. This service is available at no charge to all member banks.
Functional Cost Analysis provides participating banks earnings
and cost figures for each major bank function, while at the same time
allowing them to rate their performance against similar sized competitors.
All materials necessary to participate in the FCA program are provided.
Representatives from this Bank will be available for visits or consulta­
tion at your convenience in order to help you with any problems concerning
the program.
If you would like to learn more about the Functional Cost Analysis
Program, complete and return the enclosed postal card. Upon receipt of
your response, we will forward the necessary forms and instruction manual.
Inquiries concerning the Functional Cost Analysis Program should
be directed to Mr. Leon W. Cowan, Vice President, or the Technical Assist­
ance Division of our Bank Relations and Services Department, 21^-651-6370.
Yours very truly,
P. E. Coldwell

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Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102