‘We joined eight other banks to set up or own EDP center’

Stutts, Clyde L.
April 1972
Banking;Apr72, Vol. 64 Issue 10, p20
Trade Publication
Provides insights into banking automation in the U.S. Discussion of how Union Trust Company of Shelby, North Carolina formed its electronic data processing centers through conglomeration with other banks; Banks involved in the conglomeration; Conglomeration procedures. INSET: 9 owner banks see a regional market for the new firm.


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