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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)