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ANNOUNCEMENT BY

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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
For the week ended August 12, 1961
K.3
No. :

CHANGES IN STATE BANK MEMBERSHIP

Dist]

Date effective
Admitted to Membership

7

Golf Mill State Bank, Niles, Illinois

8-11-61

Change in Title
5

Traders Trust and Banking Co., Spencer, West Virginia,
has changed its title to The Traders Bank.

7-27-61

1

Cape Ann Bank and Trust Company, Gloucester, Massachu7-26-61
setts, established a branch at 224 Washington Street,
Gloucester, Massachusetts, to be known as Circle Branch.

2

The Chase Manhattan Bank, New York, New York, established
a branch at 110 West 52 Street, Borough of Manhattan,
New York.

8- 9-61

3

The First Pennsylvania Banking and Trust Company,
Philadelphia, Pennsylvania, established a branch at
401 West Chester Pike, Llanerch, Haverford Township, Pennsylvania.

8-11-61

5

Mountain Trust Bank, Roanoke, Virginia, established a
branch at 4920 Williamson Road, Roanoke, Virginia,
to be known as Crossroads Branch.

7-27-61

9

Bank of Belle Fourche, Belle Fourche, South Dakota, es8- 9-6l
tablished a branch at 129 West Illinois Street, Spearfish, South Dakota, to be known as The Spearfish Branch.

Establishment of State Member Branches

10

American State Bank, Great Bend, Kansas, established a
branch at 2221 Broadway, Great Bend, Kansas, to be
known as American State Drive-In Bank.

7-17-61

11

Roswell State Bank, Roswell, New Mexico, established a
branch at Union Avenue and West 2nd Street, Roswell,
New Mexico.

8- 4-6l

12

United California Bank, Los Angeles, California, established a branch at 896 West Beverly Boulevard, Montebello, California, to be known as Montebello Office.

8-11-61




,K-3
No. 29
CHANGE IN OVERSEAS BRANCHES OF AMERICAN
BANKS AND BANKING CORPORATIONS
Date effective
Bank of America, National Trust and Savings Association,
• San Francisco, California, opened a branch in Karachi,
Pakistan, located in Jubilee Insurance House, Mcleod
Road, Karachi.

7-26-61

Board Action on Application to Merge or Consolidate
Pursuant to the Provisions of Section 18(c) of the
Federal Deposit Insurance Act
Date of Action
First Bank and Trust Company, Perth Amboy, New
Jersey, for permission to purchase the assets
and assume the liabilities of The Fords National
Bank, Fords, New Jersey, and for, permission to
operate a branch at the present head office of
First Bank and Trust Company. Approved.

No Changes in Other Categories
Covered by This Release




8- 7-61