Full text of Federal Reserve Bank of New York Circulars : 4088. Buffalo Branch Territory Enlarged

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F E D E R A L R E S E R V E BAN K
OF NEW YORK
J"Circular No. 4 0 8 8 1
L March 19, 1954 J

BUFFALO BRANCH TERRITORY ENLARGED

T o all Banks and Trust Companies in the
Second Federal R eserve D istrict:

Effective April 1, 1954, the counties of Ontario, Steuben, Wayne
and Yates in the State of New York, which now constitute part of the
territory served by the Head Office of this Bank, will be assigned to
the territory served by our Buffalo Branch.
This action to enlarge the Branch territory, the first change since
the Buffalo Branch was established in 1919, was taken after consulta­
tion with the banks in the four counties involved. The change is designed
to afford the member banks in those counties readier access to their
reserve banking facilities and, at the same time, to enable this Bank to
render more effective and efficient service to them. The enlargement
of the Branch territory recognizes present-day patterns of economic
activity in Western New York, and will make the territory coextensive
with the Eighth and Ninth Banking Districts of the State of New York.
On and after April 1, 1954, references to the territories served by
the Head Office and by the Buffalo Branch, contained in outstanding
circulars of the Bank, shall be taken to refer to the changed territories;
Operating Circulars Nos. 5 and

6

will be revised shortly and will reflect

the change in the territories.




Additional copies of this circular will be furnished upon request.
A

llan

S

proul,

President.