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FEDERAL RESERVE BANK OF DALLAS DALLAS, TEXAS August 30, 1957 To All Banks of the Eleventh Federal Reserve District: This is to advise that the Deer Park National Bank, Deer Park, Texas, a newly organized institution located in the terriĀ tory served by the Houston Branch of the Federal Reserve Bank of Dallas, opened for business today as a member of the Federal Reserve System. The new member bank has capital of $200,000, surplus of $100,000, and undivided profits of $50,000. Its officers and directors are as follows: OFFICERS Howard T. Tellepsen, Chairman of the Board H. C. Donahoe, President W. C. Frels, Executive Vice President N. A. Smith, Vice President L. A. Hill, Jr., Cashier J. J. Carey Stephen Chase, Jr. John E. Crossland H. C. Donahoe DIRECTORS Earl E. Dunn W. C. Frels N. A. Smith Howard T. Tellepsen The combined A.B.A. transit and routing symbol number of the new bank is 88-2321. 1131 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)