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federal

Reserve Bank of Dallas
DALLAS, TEXAS

75222

C i r c u l a r No. 76-31
M a r c h 2, 1976
American Revolution Bicentennial

NEW NATIONAL BANK

TO ALL BANKS IN THE
ELEVENTH FEDERAL RESERVE DISTRICT:
T h i s is to a d v i s e t h a t t h e S o u th Loop National B a n k , H o u sto n ,
T e x a s , o p e n e d f o r b u s i n e s s to d a y in q u a r t e r s f o r m e r l y o c c u p i e d b y t h e
S o u th T e x a s B a n k , H o u s t o n , T e x a s , w h i c h w a s c l o s e d b y th e B a n k i n g
C o m m is s io n e r o f t h e S ta te of T e x a s a s of t h e c l o s e o f b u s i n e s s F e b r u ­
a r y 25, 1976.
We a r e a d v i s e d t h a t t h e n e w b a n k h a s a s s u m e d t h e d e p o s i t
l i a b il it ie s o f t h e c l o s e d b a n k .
William T . K e e n a n is p r e s i d e n t o f t h e n e w b a n k , w h i c h h a s
c a p ita l of $4 0 0 ,0 0 0 , s u r p l u s of $ 4 0 0,0 00, a n d u n d i v i d e d p r o f i t s of
$320 ,0 00.
T h e n e w b a n k will b e a m e m b e r of t h e F e d e r a l R e s e r v e S y s te m
a n d is loc ated in t h e t e r r i t o r y s e r v e d b y t h e H ou ston B r a n c h of t h e F e d ­
e r a l R e s e r v e B an k of D a lla s .
T h e b a n k is lo c a te d a t 9701 S o u th Main a t Buffalo S p e e d w a y ,
H o u sto n , T e x a s , a n d its m a ili n g a d d r e s s is P . O . Box 20285, H o u s to n ,
T e x a s 77025.
S in ce rely y o u rs ,
E rn e st T . Baughm an
P resident

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)