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F E D E R A L R E S E R V E BA N K O F D A LLA S DALLAS, TEXAS January 3,1961 To All Banks of the Eleventh Federal Reserve District: This is to advise that the Citizens National Bank of Austin, Austin, Texas, a newly organized institution located in the territory served by the San Antonio Branch of the Federal Reserve Bank of Dallas, opened for business today as a memĀ ber of the Federal Reserve System. The new member bank has capital of $200,000, surplus of $200,000, and undivided profits of $100,000. Its officers and directors are as follows: OFFICERS Chas. S. LeNoir, Chairman of the Board J. W. Munson, President Jake Jacobsen, Vice President Wm. A. McGinty, Vice President and Cashier Paul I. Valenta, Assistant Cashier DIRECTORS Hubert E. Bechtol H. H. Coffield Ray Cowan Joe Crow Jake Jacobsen Chas. S. LeNoir J. W. Munson Alfred Negley Dr. Raleigh R. Ross The combined A.B.A. transit and routing symbol number of the new bank is 88-2367. 1141 Yours very truly. Watrous H. Irons President This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)