Arizona republican., 1921-10-12
AM. |NST|T J F IF BANKING TO BE FORMED HERE
Bankers From All Over County Meet In Phoenix Last Night and Make Plans for an Organiza- tion Here

At the instigation of the Ari-Na- Ba club, composed of employees of the National Bank of Arizona about 200 officials and employees of banks from all sections of the Salt River valley met at the National Bank of Arizona last night and tentatively organized a chapter of the American Institute of Banking.
 Following a general discussion in which the general sentiment of all assembled favored organizing the chapter. l.. E. Thomas, chairman of the meeting. briefly outlined the steps to be taken to perfect the or ganization. He stated that officials of the banks desired to enroll as honorary members without votes and that employees should feel that the chapter was essentially their own.
 Representatives of each of the banks were given a short time to name one man from each institution to serve on a nominating committee with the following result: Phoenix National bank, w. F. Dains; Phoenix Savings Bank and Trust company Henry Court: Citizens State bank, Warren Johnson; Commercial Ma tional bank. J. B. Francis; Valley bank, Carl Bunch; National Bank of Arizona, H. F. Herwig; Bank of Phoenix, T. F. Fagin; First National Bank of Tempe, J. r. Peck: First National Bank of Mesa and Mesa Savings and Trust company, James Johnson; Bank of Chandler. F. H Bouton; First National Bank oi Chandler, w. c. Bradford.
 Name Officers In Week
 This committee will meet a week from tonight at the National Bank of Arizona and name officers of the newly formed chapter. The mem- bers of this committee will also com pile a list of all charter members.
 During the course of the meeting short talks were made by r. R. Will liams. assistant cashier of the Com mercial National Bank of Los Angeles and member of the execu- tive council of the American Insti- tue of Banking. w. H. Thomson vice-president of the Phoenix Ma tional Bank, who organized the first chapter of the American Institute oi Banking in Los Angeles which has now grown to 1908 members; Adolpl Johnson, of the National Bank oi Commerce of New York, and others.
 A. |. B., 20 Years Old
 Founded 20 years ago as the edu- cational section of the American | Institute of Banking. a chapter oi which was organized in Phoenix las night, has 95 chapters and a tota membership of about 45,000. accord 1 ing to F. R. Williams, assistant cashier of the Commercial Nationa Bank of Los Angeles. who was il Phoenix yesterday to attend the or. ganization meeting here.
 Also here to attend the fnitia meeting of the local chapter was A F. Johnson of the National Bank O 1 Commerce of New York city. MT. l Johnson has been prominent in tn, | American Institute of Banking ant was in the West to attend the con vention of the American Bankers association recently held at Lo' 1 Angeles.
 Mir Williams is a member of thu 1 executive council of the American Institute of Banking.
 'SThe object of the American In l stitute of Banking" said Mir. vii Hams yesterday, is to improve tn efficiency and personnel of banking
 Through the national organization courses are offered in commercial law, negotiable instruments. stan dard banking and political economy l Satisfactory completion of thes courses entities a member to an In stitute certificate. Other course also are offered in elementary bank 1 ing and accounting. The whole ob 1 ject," declared MT. Williams. "is t ! specialize in banking"
 Has Support of A. B. A. "The American Institute of Bank l ing has the whole support of tn American Bankers association. Man
 of the most priminent bankers in tn | country are Institute products in l ciuding John H. Prulicher, presiden of Marshall and Isley Bank of Mil l waukee. recently elected first vice | president of the American Banker | association. The national presiden is Robert P. Locke, manager of tn
 federal reserve bank of Detroit.
 "The work of the chapters usuall is conducted under the auspices an
 supervision of some university.
 stated Mir. Williams. Credits fo
 work in the chapters are given b | the. university.
 "There also are social features c
 the chapters, but it is exemplifie
 that the educational features shall
 kept paramount. The membershi of the American Institute of Rankin
 has doubled in the past two year.
 The chapter organized in Phoeni
 will be the first in Arizona"
 Mir. Johnson has for many year l haar, acffxra r17arf1 hor- of