TITLE

The Big Banks Still Churn Out a Ton of Paper

AUTHOR(S)
Dumiak, Michael
PUB. DATE
October 2003
SOURCE
Bank Technology News;Oct2003, Vol. 16 Issue 10, p15
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that big banks in the U.S. are still issuing bank statements on paper despite the advent of electronic banking. Compliance of the financial firms to the Truth in Savings and Electronic Funds Transfer Acts which compels them to disclose account information through issuance of a statement on paper; Money lost to cover expenses on the paper utilized to issue bank statements.
ACCESSION #
11018419

 

Related Articles

  • Virginia banking today: What happens when a state lifts the lid? Gardner, Charles // Banking;Jun72, Vol. 64 Issue 12, p21 

    Discusses the growth of the banking industry in Virginia as a result of the implementation of a liberalized branch banking law in the 1960s. Information on the finances of major banks located in Richmond; Growth of the banking sector outside Richmond; Performance of small, independent banks...

  • Illinois bankers fight go-ahead for Tex. thrift. Bronstien, Barbara F. // American Banker;2/9/1996, Vol. 161 Issue 27, p6 

    Reports that the Community Bankers Association of Illinois are trying to reverse a state regulatory decision allowing a Texas savings bank to open a branch on Chicago's North Shore. Approval of the application of Beal Bank to open a branch in the suburban community of Winnetka; Effect of the...

  • WASHINGTON BRIEFS.  // ABA Banking Journal;Feb93, Vol. 85 Issue 2, p14 

    Reports developments related to banks and banking in the U.S. Membership requirements for the Federal Home Loan Bank System; Details on the Equal Credit Opportunity Act; Revision of the policy statement regarding open-bank assistance.

  • Banking decisions. Yen, Elizabeth C. // Banking Law Journal;Jun98, Vol. 115 Issue 6, p625 

    Discusses court decisions to bank-related cases. Crude and offensive comments of male supervisor at a female employee; Limitation of federal credit union membership under existing federal statutes to members who share common bond of occupation or profession.

  • Banking briefs.  // Banking Law Journal;Jun98, Vol. 115 Issue 6, p633 

    Discusses court decisions in the field of commercial banking. Liability of a bank's former president and chairman for violations of fiduciary duties and gross negligence; Foreclosure of mortgage and cancellation of certificate title; Bankruptcy fraud; Inability of customer to recover from...

  • Banking Briefs. Scarcella, Louis A. // Banking Law Journal;May/Jun2000, Vol. 117 Issue 3, p261 

    Presents a digest of decisions in the field of commercial banking. Inclusion of the Consent and Subordination Agreement with the Bank entered by 203 North LaSalle Street Partnership; Purpose of developing the Rule of Explicitness; Details on the forged check case involving the Community Bank...

  • Competition is welcome.  // Caribbean Business;5/4/1995, Vol. 23 Issue 18, p16 

    Editorial. Focuses on the possible impact of the Riegle-Neal Banking and Branching Efficiency Act of 1994 on the banking industry of Puerto Rico. Island as an attractive market for large regional mainland banks; Competition for loans, capital investment and venture funds; Repeal of the...

  • Ownership of banks.  // Accountancy;Dec1987, Vol. 100 Issue 1132, p37 

    Reports that Robin Leigh-Pemberton, governor of the Bank of England, said in a speech that under the Banking Act he will need some persuading before an industrial or commercial firm will be allowed to take control of a bank in Great Britain.

  • Banking sector faces sweeping changes.  // MEED: Middle East Economic Digest;6/26/1998, Vol. 42 Issue 26, p26 

    Focuses on a law passed by the Egyptian parliament which is aimed at changing the banking sector. In-depth look at privatization provided by the legislation; Number of public sector banks the legislation allows privatization of; Reference to the foreign ownership of banks. INSET: Egypt: How...

  • Gov. Pataki signs bill to establish state bank parity.  // Insurance Advocate;09/20/97, Vol. 108 Issue 37, p5 

    Reports that New York State Governor George Pataki has signed the wild card banking bill which will ensure state-chartered banks the same privileges as federally-chartered banks. Benefits for New Yorkers from chartered banks' maintenance of the state charter.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics