I was in Ypsilanti, Mich., for the annual computer communications conference of First Chicago NBD Bank. I was to give the opening address and had worked in advance with Gerald A. Johnson, second vice president in correspondent banking, to set up my part in the program.

Over coffee we discussed how sad it is that correspondent banking doesn't get the attention it used to get from major banks. We agreed that this service is the glue between large and small banks, and that it helps both to survive and thrive.

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