Banking: Your Friendly Computer

In U.S. banking, more than in most other lines of business, computers have freed employees from considerable drudgery by taking over routine paperwork and bookkeeping. Now the machines will begin to do much more important chores for many banks. The First National Bank of Atlanta, one of the South's largest, has started a computer service that could help hundreds of small bankers make higher-level management decisions.

The service, called Dynabank, is a form of computer time sharing that ties smaller banks into a large IBM storehouse of money-management data. By operating a...

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