BANK OFFICERS.

Auckland Star, Volume LXVII, Issue 151, 27 June 1936, Page 21

BANK OFFICERS.

PROGRESS OF THE GUILD. GROUP ASSURANCE SCHEME. (By Telegraph.—Press Association.) WELLINGTON, Friday. The annual report of the New Zealand Bank Officers' Guild shows the membership to be 2988, or 90 per cent of the banks' staffs. The .accumulated fund totalled £4452. , T . 1 Membership of the Investment Society exceeded 1700, and that of the group assurance scheme was more than 1650. In five years of existence the value of life insurance policies brought into the group's scheme had reached £1,125,000, the premiums approximating £29,170 per annum. So far, 191 bank officers had obtained a university diploma in banking.

The following officers were elected at the annual meeting: President, Mr. V. C. S. Edwards (Wellington); vicepresidents, Messrs. A. J. Prcscott (Hamilton), H. J. Edwards (Wellington), J. E. Gudgeon (Christchurch), D. M. Stirtoil (Dunedin); executive committee, Messrs. E. G. Edwards, H. W. Fairweather (National Bank of New Zealand), J. Stenhouse (Commercial Bank of Australia), K. T. Thompson (Bank of Now South Wales), E. C. Little (Bank of Australasia), W, C. B. Ingram (Union Bank of Australia), D. J. 8. Smith, R. C. Edgar and A. R. Frethey (Bank of New Zealand); honorary auditor, Mr. S. E. Addis. Domestic committees were also appointed.