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ANNOUNCEMENT BY
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
For the week ended A p r i l 1 , 1961
K.3
No. 12

CHANGES IN STATE BANK MEMBERSHIP
Date e f f e c t i v e

District
V o l u n t a r y Withdrawal
Ida County S t a t e Bank, Ida Grove, Iowa,
Merger and E s t a b l i s h m e n t

1-&L

of Branches

Madrid Bank, Madrid, New York, a S t a t e member,
and The S t . Lawrence County N a t i o n a l Bank of
Canton, Canton, New York, merged under c h a r t e r
and t i t l e of The S t . Lawrence County N a t i o n a l
Bank of Canton. A branch was e s t a b l i s h e d i n
the former l o c a t i o n of Madrid Bank.

3-27-61.

Change i n T i t l e
L i b e r t y Bank of B u f f a l o , B u f f a l o , New York, has
changed i t s t i t l e t o L i b e r t y Bank and T r u s t
Company.

3-27-61

E s t a b l i s h m e n t of S t a t e Member Branches
F i r s t T r u s t and Deposit Company, S y r a c u s e , New
York, e s t a b l i s h e d a branch i n the Town of
S a l i n a , New York, to be known as Shop C i t y
Branch

2- 1 - 6 1

Jenkintown Bank and T r u s t Company, Jenkintown,
P e n n s y l v a n i a , e s t a b l i s h e d a b r a n c h i n Abingt c n Township, P e n n s y l v a n i a , t o be known a s
Baederwood Branch.

3-27-61

CHANGE IN OVERSEAS BRANCHES OF AMERICAN
BANKS AND BANKING COFPORATIONS
The F i r s t N a t i o n a l C i t y Bank of New York, New
York, opened a branch i n Campinas, Estado de
Sao P a u l o , B r a z i l , l o c a t e d a t Avenida F r a n c i s c o
FRASER G l i c e r i o , 130b, Campinas.

Digitized for


3-18-61

Board Action on Applications to Merpe or Consolidate
Pursuant to the Provisions of Section 18(c) of the
Federal Deposit Insurance Act
Date of Action
Marine Midland Trust Company of Southern New
York, Elmira, New York, f o r permission to
merge w i t h F i r s t National Bank and Trust
Company, Ithaca, New York, under c h a r t e r and
t i t l e of Marine Midland Trust Company of
Southern New York, and f o r permission t o
operate branches a t the p r e s e n t o f f i c e s bf
F i r s t N a t i o n a l Bank and Trust Company.
Disapproved.

No Developments in Other Categories
Covered by This Release




3-27-61