Regional President Speech

MEETING NEW JERSEY BANKERS ASSOCIATION THIRD DISTRICT FEDERAL RESERVE RELATIONS COMMITTEE at the FEDERAL RESERVE BANK OF PHILADELPHIA ______________ Friday, November 5, 1965______________ PROGRAM 12:00 p.m. Arrival and Luncheon 1:00 p.m. Discussion of Attached Agenda 3:00 p.m. Adjournment Members of Committee Federal Reserve Bank W. Robert Davis, Treasurer Karl R. Bopp, President New Jersey Bankers Association President, Camden Trust Company David P. Eastburn, Vice President Ralph H. Mather, President James V. Vergari, Vice President First National Bank, Princeton Harry W. Roeder, Vice President George L. Hill, President Salem National Bank and Trust Co. Joseph R. Campbell, Vice President Alexander Denbo, President Edward A. Aff, Assistant Vice President Mechanics National Bank of Burlington County Raymond Leek, Head of Bank and Public Relations Department Raymond L. Steen, President Broad Street National Bank, Trenton Norman T. Clunn, Executive Vice President National Bank of Mantua Clarence B. McCormick, President* Farmers & Merchants National Bank of Bridgeton David C. Melnicoff, Vice President Federal Reserve Bank of Philadelphia * Not attending. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis NEW JERSEY BANKERS ASSOCIATION nuimn nuracirr net nuiDiirr RICHA f R r D uU t L i O u T HIAN CUSTAVE P E. r t W ti I J E n D i ENMATER ▼. RO P B rt E si R dt T m D t AVIS cxcctmvi MAN/kcr.« Swwr S t i T w r i a r d t M C a mmtftwr Kaùmul Newark à Emm Baak C—<■ Tiwt Cwytoy ROBERT C FORREY Nnmk ItCMTAllY FRANCES C FOURNIER 499 North Harriaoa Street P. 0. Box S73 watcroa or muumn PRINCETON, .NEW JERSEY 08S40 RICHARD B. BENEDICT 609 924-5550 NJBA Federal Reserve Relations Committee - District #3 Meeting Federal Reserve Bank of Philadelphia 12 noon - Friday, November 5 1. Call to order by Committee Chairman Ralph H. Mather 2, Discussion of recent business developments by David C. Melnicoff, Vice President, Federal Reserve Bank of Philadelphia 3. Discussion of current monetary policy and interest rates by David P. 17 Eastburn, Vice President, Federal Reserve Bank of Philadelphia, including the relation of the discount rate to the prime rate and the effect of political influence on the prime rate. t 4« Discussion of implications of new deposit and bank debt instruments by j‘|?^ Joseph R. Campbell, Vice President, Federal Reserve Bank of Philadelphia 5. Observations from the Chief Examiner, reporting on the trends and . j developing problems in recent examinations (poor banking practices and ^ <i credit extensions) K 6* Discussion of the present coin situation 7. Discussion of the present statu^ of the check clearing process, including . ^ MICR and reciprocal encoding 8.‘ Discussion of Regulation A, the discount window, consideration of Government Agency issues 9. Discussion of Regulation F - problems of individual banks and 'of the JV ^ Federal Reserve System under the Regulation 10. Other discussion Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Karl R. Bopp (1965, November 4). Regional President Speech. Speeches, Federal Reserve. https://whenthefedspeaks.com/doc/regional_speeche_19651105_karl_r_bopp

@misc{wtfs_regional_speeche_19651105_karl_r_bopp,
  author = {Karl R. Bopp},
  title = {Regional President Speech},
  year = {1965},
  month = {Nov},
  howpublished = {Speeches, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/regional_speeche_19651105_karl_r_bopp},
  note = {Retrieved via When the Fed Speaks corpus}
}