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f e d e r a l

R

e s e r v e

B

a n k

o f

D

a l l a s

DALLAS, TEXAS

May 1, 1959
To All Banks of the
Eleventh Federal Reserve District:
This is to advise that the Gulf Coast National Bank of
Almeda, Almeda, Texas, a newly organized institution located in
the territory served by the Houston Branch of the Federal ReĀ­
serve Bank of Dallas, opened for business today as a member
of the Federal Reserve System.
The new member bank has capital of $100,000, surplus of
$100,000, and undivided profits of $50,000.
Its officers and directors are as follows:
OFFICERS
W. W. McGar, President
Peter G. Brooks, Vice President
H. F. Walthal, Cashier
DIRECTORS
Quentin Bates
Keith Foreman
Ben Brollier
A. G. McNeese, Jr.
Peter G. Brooks
W. W. McGar
D. R. Burnham
D. E. Norquist
J. W. Colvin, Jr.
Dr. Ray Schifflet
Sherwood Crane

The combined A.B.A. transit and routing symbol number of
the new bank is 88-2339.
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)