TRB&S presents program for Massachusetts Bankers Association;

              TRB&S Presents Program
Jbr*cflfassacliusetts bankers ^Association
More than 100 leading bank executives from Massa­chusetts,
most of them presidents, gathered together
in Northampton in April to take a look into the future
and examine the drastic changes that will take place in
the way banks will be managed, in customer service
and in their own roles. The occasion was a Presidents'
Conference conducted by TRB&S for the Massachusetts
Bankers' Association.
Bankers participating in the conference were divided
into two groups according to the size of their banks,
Richard K. Bullard, president, Everett National Bank and chair­man
of the association's Management Policy Committee with
Hugh Dysart, TRB&S partner-in-charge, Boston.
(Seated) Richard K. Bullard, president, Everett National Bank
and chairman of the Association's Management Policy Com­mittee;
Herbert P. Almgren, president, Safe Deposit Bank &
Trust Company, Springfield; Donald J. Lewis, senior vice presi­dent,
State Street Bank & Trust Co., Boston; Frank Lucy, vice
president, Arlington Trust Co., Lawrence; (standing) William
Peters, vice president and treasurer, Norfolk County Trust Co.;
Edward L. Clifford, Jr., vice president and comptroller, Fram-ingham
Trust Company; Hugh Dysart, Touche, Ross, Bailey &
Smart; Samuel Fogler, vice president, The Harvard Trust Com­pany,
Cambridge and Edward B. Sturges, president, B. M. C.
Durfee Trust Company, Fall River.
JUNE, 1967
and individual seminars were presented to each group.
The two day seminars were divided into three parts.
One was a discussion on systematic management, deal­ing
with new management approaches suited to bank­ing
in a rapidly changing economy. Another considered
a system for automatic value exchange, in which com­puters
would effect all exchanges of money and elimi­nate
use of cash or checks. Part three was an outline
of an "action program," designed to show bankers steps
that must be taken to apply new techniques.
Robert G. Stevens, TRB&S national director of banking services
with Edward R. Tufts, executive vice president, Massachusetts
Bankers Association.
J. Daniel Walsh, vice president, New England Merchants Na­tional
Bank; John T. G. Nichols, vice chairman and Donald J.
Lewis, senior vice president, both of the State Street Bank and
Trust Company; Robert Wheeler, vice president, New England
Merchants National Bank; Harold B. Hassinger, executive vice
president, First National Bank of Boston and Alan Morse,
president, United States Trust Co. The program, which was
conducted by Touche, Ross, Bailey & Smart.
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