Full text of District Notices (Federal Reserve Bank of Dallas) : Reclassification of Member Banks for Electoral Purposes

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F e d e r a l R e s e r v e Ba n k
OF D A L L A S

Dallas, Texas, June 12, 1958

RECLASSIFICATION OF MEMBER BANKS FOR ELECTORAL PURPOSES

To the M em b e r B a nks in the
Eleventh Federal Reserve District:

The Board of Governors of the Federal Reserve System has changed the classi­
fication 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:
G roup 1 consists of member banks with combined capital and
surplus of $2,000,000 and over (formerly $1,200,000 and over).
G roup 2 consists of member banks with combined capital and
surplus of $300,000 and over, but under $2,000,000 (formerly over
$200,000 and less than $1,200,000).
Group 3 consists of member banks with combined capital and
surplus of under $300,000 (formerly $200,000 and less).
The revised classification will be used in the election of directors to be held
later in 1958.
Yours very truly,
ROBERT J. SMITH
Chairman of the Board

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)