New Zealand Bank Officers’ Guild

Manawatu Times, Volume 62, Issue 149, 25 June 1937, Page 6

New Zealand Bank Officers’ Guild

LOYALTY TO TRADING BANKS AFFIRMED. P«r Press Association WELLINGTON, Last Night. The eighteenth annual conference of the New Zealand Bank Officers' Guild concluded to-day. The annual report showed a membership of 3019, being 91 per cent, of tho staffs of the trading banks. The financial position of the guild is strong, the accumulated funds amounting to £4639. Tho Investment Society membership exceeded 1850, while approximately tho same number had enrolled in the group assurance scheme. In the six years of its existence the value of life insurance policies brought into the group scheme exceeded £1,300,000, and the premiums collected through the scheme had reached £32,600 annually. To date 204 bank officers had gained the diploma of banking and a largo number had also gained passes in the securities course. During the year considerable attention had been devoted by the executive to service conditions, which were considerably affected by the recent legislation. The report expressed pleasure with tho fact that one of the banks had recently instituted a scheme of pensions for women clerks. A resolution wafc jessed recording the guild’s loyalty to the trading banks and re-affirming its desire to continue co-operation with tho banks. The value of the present banking system had been abundantly proved and the conference believed that the continuance of that system unimpaired was necessary for the well-being of the Dominion as a whole. Tho retiring president, Mr. Y. C. S. Edwards, was made a life member. The officers elected were: President, Mr. E. G. Edwards (Wellington); vicepresidents, Messrs. C. V. Francis (Auckland), T. C. Kent (Wellington), J. E. Gudgeon 1 (Christchurch) and D. M. Stirton (Timaru); executive, Messrs. A. R. Frethey Dunbank, R. C. Edgar, R. D. Moore, A. K. Collins, VV. T. Biggar, E. C. Little, E. C. Awdrey, L. Wilson and H. A. Tristram; auditor, Mr. S. E. Addis (Wellington).