BANK OFFICERS’ GUILD

Otago Witness, Issue 4085, 28 June 1932, Page 47

BANK OFFICERS’ GUILD

SOUND FINANCIAL POSITION. WELLINGTON, June 23. Twenty delegates from various parts ; of the Dominion attended the thirteenth annual conference of the New Zealand Bank Officers’ Guild, which was concluded in Wellington to-day. The annual report showed a membership of 2787, representing approximately 83 per cent, of the staffs of the banks. The report referred to many activities of the Guild, including the investment society, the educational work, the benevolent fund and also the group insurance scheme which was said to have grown phenomenally. The premium income already amounted to about £10.400 per annum and the value of the life policies in the scheme exceeded £376,000. The accumulated funds of the guild stood at £2BBB.

The conference devoted its attention to matters concerning membership of the guild, and it was decided in view of the strong financial position and in the interests of members that the rates of subscription should be reduced. Gratification was expressed at the prominence achieved in the field of sport by Messrs F. D. Kilby, E. R. G. Steere, and G. A. H. Bullock-Dauglas, of the touring All Black team, Mr J. P. Hornabrook, of the Kirk-Windeyer golf team, and Mr S. W. Cox, the New Zealand rowing representative at the Olympic Games.

The following officers were elected:— President, Mr R. A. Dixon; vice-presi-dents—Messrs B. C. Carpenter (Auckland), P. C. Rose (Wellington), J. J. Howie (Christchurch), and R. W. Sadd (Dunedin); Executive Committee— Messrs H. J. Edwards, A. R. Frethey, V. C. S. Edwards, A J. Kircher, C. J. du Flou, K. T. Thompson, G. F. Loney,. E. C. Little, and J. Stenhouse; hon» auditor, Mr S. T. A. Scott.