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FEDERAL RESERVE BOARD ANNOONCEt-IENT
YJEEK HIDED JANUARY 22, 1932.
CHANGES IN STATE BANK MEMBERSHIP

District

Capital
Admitted to Membership:
None.
Absorption of Nonmember:

1

Manchester Trust Co., South Manchester, Conn., member, ti>200; 000
absorbed Home Banlc & Trust Co., nonmember, . . . . .
50,000
7 Monti c e l l o S t a t e Bank, Monticello, Iowa, member, . . .
300 1 000
Absorbed Lovell S t a t e Bank of M§nticello, nonmember,
200,000
10 Sundance S t a t e Bank, Sundance, Wyo., member
25,000
absorbed American S t a t e Bank, Moorcroft, Wyo. nonmember, 10,000
12 F i r s t S t a t e Bank, Ore sham, Ore., member,
. „ „ = .
30,000
absorbed Bank of Oresham, Ore., nonmember, . . . . .
15,000
Consolidati ons:
1

Sagamore Trust Co., Lynn, Mass., member, . . . . . .
consolidated with the S e c u r i t y Trust Co., member, .
under c h a r t e r and t i t l e of l a t t e r .
.

200,000
200,000
200,000

7

Story County Trust & Savings Bank, Ames, Iowa, member,
consolidated with Union National Bank of Ames, . . .
under new c h a r t e r and t i t l e , "Union Story Trust &
Savings Bank'.', nonmember.

50,000
100,000

Closed:
6
7
12

Southern Bank & Trust Co., Birmingham, A l a . , . . . . .
Depositors S t a t e Bank, Chicago, 111., . . . .
. . . .
Bank of Southwestern Oregon, M a r s h f i e l d , Ore., . . . .
PERMISSION GRANTED TO EXERCISE TRUST POWERS

4 Union N a t i o n a l Bank, Youngstown, Ohio.
7 N a t i o n a l Bank of Logansport, I n d i a n a .




(Limited powers)
( F u l l powers)

500,000
400,000
100,000