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F e d e r a l Re s e r v e Ba n k O F DALLAS Dallas, Texas, September 13, 1949 RECLASSIFICATION OF MEMBER BANKS FOR ELECTORAL PURPOSES To the Member Banks in the Eleventh Federal Reserve District: The Board of Governors of the Federal Reserve System has changed the classification of member banks in the Eleventh Federal Reserve District for the purpose of nominating and electing Class A and Class B directors of the Federal Reserve Bank of Dallas. The revised classification is as follows: Group 1 consists of member banks with combined capital and surplus of $650,000 and over (formerly in excess of $499,000). Group 2 consists of member banks with combined capital and surplus of over $150,000 and less than $650,000 (formerly not exceeding $499,000 and not less than $100,000). Group 3 consists of member banks with combined capital and surplus of $150,000 and less (formerly less than $100,000). The revised classification will be used in the election of directors to be held later this fall. Yours very truly, J. R. PARTEN Chairman of the Board This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
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