Full text of K.3 Changes in State Member Banks : August 2, 1958

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TH: FcX'AL
ANNOUNCEMENT BY
K.3
Ho. 27

RESEiiVC

OF

4N0

HOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
For t h e week ending Augus<^2, 1958
Changes i n S t a t e Bank Membership

District

Date e f f e c t i v e
Merger and E s t a b l i s h m e n t of Branches
Markle Banking and T r u s t Company, H a z l e t o n ,
P e n n s y l v a n i a , Willces-Barre D e p o s i t and Savings
Bank, W i l k e s - B a r r e , P e n n s y l v a n i a , b o t h S t a t e
members, and The F i r s t N a t i o n a l Bank & T r u s t
Co, of S e r a n t o n , S c r a n t o n , P e n n s y l v a n i a , merged
under c h a r t e r of t h e l a t t e r bank and new t i t l e
N o r t h e a s t e r n P e n n s y l v a n i a N a t i o n a l Bank and
T r u s t Company. The f o r m e r main o f f i c e s of t h e
d i s c o n t i n u e d banks and t h e branch f o r m e r l y
operated by Markle Banking and T r u s t Company,
H a z l e t o n , w i l l be o p e r a t e d a s b r a n c h e s by t h e
c o n t i n u i n g bank.

8-1-58

E s t a b l i s h m e n t of S t a t e Member Branches

12

The G r a f t o n Savings and Banking Company, G r a f t o n ,
Ohio, e s t a b l i s h e d a b r a n c h a t LaGrange, Ohio,
t o be known a s LaGrange Branch.

7-1-58

Wachovia Bank and T r u s t Company, Winston-Salem,
North C a r o l i n a , e s t a b l i s h e d a b r a n c h a t
Greensboro, North C a r o l i n a , t o be known a s
West Lee S t r e e t O f f i c e .

7-29-58

Southern Arizona Bank and T r u s t Company, Tucson,
A r i z o n a , e s t a b l i s h e d a b r a n c h a t . Rock and
Speedway Avenues, t o be known a s BroadwayCountry Club O f f i c e .

7-21-58

F i r s t Independent Bank, Vancouver, Washington,
e s t a b l i s h e d a branch a t Vancouver, Washington,
t o be known a s Heights Branch.

7-26-58

NATIONAL BANKS GRANTED ONE OR MORE TRUST POWERS
UNDER SECTION 11 ( k ) , FEDERAL RESERVE ACT
Tappan Zee N a t i o n a l Bank of Nyack, Nyack, New York.

7-31-58

South Des Moines N a t i o n a l Bank, Des Moines, Iowa.

7-31-58