Alexander Kish, Jr. Retired Credit Card Developer
Current Bankers Disregard Prudent Credit Practices
Updated August 2009
The slide talk presented by Alexander Kish, Vice President in charge of consumer loan operations, displayed the first pictures of the new all credit inclusive bank credit card, statements, aging reports, sales tickets, repayment tables, delinquency notices etc.
About the Author Alexander (Al) Kish, (Born 1925) joined the Consumer Loan Department of the Connecticut National Bank in Bridgeport, Connecticut upon his discharge from the US Navy in 1946.
He worked in every position in the department from file clerk, bookkeeper, payment teller, collection manager, credit manager and finally Vice President in charge of Consumer Loan Operations.
He knew the workings of every area and was in a position to upgrade operations to eventually include a profitable Charge Card Department.
It was at Connecticut National
, "New Concept in Retail Credit" which he
introduced at the annual convention of the Charge Account Bankers Association
It has since become standard of the Bank Charge Card industry.
had the support of President Lewis A. Shea, a former Federal Chief Bank Examiner who always looked for new banking fields to conquer.
Al was one of the first into the charge card arena serving as Statistical Chairman and Treasurer of the Charge Account Bankers Association.
During his 40 year career in banking, he was employed by the Connecticut National Bank, Hartford National Bank and later the First Jersey National Bank (now Bank of America, ) where he took over the Consumer Loan Departments and upgraded systems bringing profitability to the operations.
He served as a member of the Interbank Operations Committee; Director and Chairman of the Board of Eastern States Bankcard Association; founding Chairman of Eastern States Monetary Services which processed VISA credit cards; Secretary of the Fairfield County Bankers Association; Chairman of the Installment Credit Committee, Connecticut Bankers Assn and later Chairman of the Installment Credit Committee, New Jersey Bankers Assn.
instructed in bank card schools and gave lectures on Charge Card and Consumer Loan operations to numerous credit groups. throughout the country.
He retired from Fleet Bank , now Bank of America (New Jersey) in January 1987 and moved to New Bern, North Carolina where he lives at The Courtyards at Berne Village, 2701 Amhurst Blvd. Apt 9-C, New Bern, NC 28562.