ABSTRACT: The banking sector has proved a very reliable tool in the development of the nation’s economy and also in the management of individual finances. However, the distress in the banking system has drastically reduced public confidence and interest in the institution hence, community bank patronage continue to dwindle to a surprising point. Under this negative development, the banks now rely greatly on the effectiveness of electronic data processing system for survival. It is therefore, the scholarly need to examine the functional ability of electronic data processing system in community banks that prompted this topic. For the purpose of this study, the researcher tacked this research work from the following perspectives. In the first plane, the broad work was divided into five chapters. The first chapter treated the background of study, the statement of problem, purpose of study significant of the study, including research hypothesis. Furthermore, chapter four carried the data presentation and analysis, discussion and findings embodying the needs for the electronic data processing system. Finally, the last chapter contained the conclusion, the necessary recommendations and of course, the areas for further research. It is therefore evident data processing system in grass root, banking. The study also showed that banks apply EDE techniques in their daily operations for enhance productivity.
TABLE OF CONTENT
CHAPTER ONE
1.0 Introduction 1
CHAPTER TWO
2.0 Literature review 9
CHAPTER THREE
3.0 Research methodology 19
CHAPTER FOUR
4.0 Data presentation and analysis 25
CHAPTER FIVE
5.0 Summaries, conclusions and recommendation 47
BIBLIOGRAPHY 50
APPENDIX 54
CHAPTER ONE
INTRODUCTION
This chapter gives to the paper. As we can get the insight from the paper preview/abstract, the paper treaties on the need for electrification or computerization of the Emene community bank (A community bank in Emene Enugu State).
Under this veil the paper will present:
1. The background information or the historical background of the bank in question.
2. The general survey of the environment.
3. Coming to the area of the chapter preview, we discuss the nature of community bank in its entirely.
THE ADVENT OF COMMUNITY BANK IN NIGERIA
Without moving into details or digressing form the targets, community banking system is a novelty of the latest decade of the 20th century. The idea was affected with the establishment of the community bank implementation committee (CBIC) in 1990 under the authority of General Ibrahim Badamosi Babangida.
The committee issues licenses to community banks that led to its explosion as at now. It is a variant of retail banking setting and can be owned by either a person or group of individuals within a locality state.
Accordinn to Ayara Ndiyo – university of Uyo, the community bank is a representative as well as a reflection of credit and thrift co-operative societies in Nigeria. He said that many co-operative societies in Nigeria metamorphosed into banking setting with the advent of General Babangida license liberalization in 1991.
1.1 BACKGROUND OF THE STUDY
Background of Emene community bank. This bank started in 1992. they have individual shareholders, Emene development association and co-operate of shareholders like organisation establishment. Rev. Father Ede is there chairman.
Without mixing words, the bank was established to give banking services to the door step of the populace such services as accepting of deposit, giving of credits save guiding of valuables and important documents, payment to creditor serving as a trustee to the community pursue, serving as referee in case of setting of commercial land and community related financial matters.
The advantages of the electronic data processing coupled with the universal banking and globalisation are myriads in nature and cannot be elicited hastily. As a matter of reflection, the advantages of the electronic data processing system (EDPS) will be given in the chapter two of this work piece having gotten historical backdrop of the setting in question, we are moving to the General survey of the Emene community bank – banking environment in its entirety.
1.2 STATEMENT OF PROBLEMS
There are clouds of doubts about the importance of electronic data processing. Many people are in support of this innovation in data processing while others trample on it.
In this bid, Harold Hill in his book ”Computer Technology (1995-115), averred that the electronic data processing is a new discussion in data processing which is most labour-saving.
The work lends to test whether the other method of data processing meet the mileage of EDP. Also it tries to check the chromic need of SDP in the grass root banking service (ie. The community bank).
In putting all we have said in a nutshell electronic data processing (EDP) system has some needs and mileages over other method of data processing of which this paper will x-ray the true fact concerning the clouds and doubts therein.
That is to say that the research study is concerned with evaluating the effect of the use of electronic data processing system in community banks.
Critically, the research will try to examine the advantages and disadvantages of electronic data processing system in community banks.
1. Are the community bank in Nigeria ripe enough to employ the services of electronic data processing system in community banks?
2. Another problem of the stud
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