Full text of K.3 Changes in State Member Banks : August 28, 1931

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3#,

FEDERAL RESERVE BOARD
WASHINGTON

X-1530

ADDRESS OFFICIAL CORRESPONDENCE TO
THE FEDERAL RESERVE BOARD

FEDERAL RESERVE BOARD ANNOUNCEIilENT

. s j s u s a a .
District

1*31

CHANGES IN ST4PE BANK MEMBERSHIP t
Capital

Date

Admitted to Membership:

6
7

Greene County Union Bank, G r e e n s v i l l e , Tenn., . . . . j75,000
Union Bank & Trust Co., Ottumwa, Iowa, . . . . . . . . 300,000

8-27-31 .
8-22-31

Absorption of National Bank;
2

Peoples Bank & Trust Co., P a s s a i c , N. J . , member,
absorbed the American National Bank of P a s s a i c ,

. . 850,000
. . 200,000

4

F i r s t - C i t i z e n s Trust Co., Columbus, Ohio, member* • 2,500,000
absorbed by Ohio National Bank of Columbus, . . . 1,500,000

Absorbed "fay National Bank:
8-24-31

Closed:
2
2
7
7

Globe Bank & Trust Co., Brooklyn, N. Y.,
Bank of Europe Trust Co., New York, N. Y., . . . .
Stake Bank of Caledonia, Caledonia, Mich.
Dansard S t a t e Bank, Monroe, E i c h . ,

7
7

L i l l e y S t a t e Bank, Tecumseh, Mich., member, . . . .
Tecumseh S t a t e Savings Bank, member,
Consolidated under c h a r t e r of t h e l a t t e r and t i t l e
of United Savings Bank, member,

1,525,000
. 1,000,000
50,000
200,000

8-22-31
8-27-31
8-22-31
8-28-31

Consolidation of S t a t e Members:
40,000
50,000

8-19-31

50,000

Voluntary Withdrawal:
7

Gilbert Savings Bank, G i l b e r t , Iowa, . . . . . . . . .

25,000

8-27-31

PERMISSION GRANTED TO EXERCISE TRUST POWERS:
2
7

F i r s t National Bank i n Sidney, Sidney, N. Y. ( F u l l powers)
Second National Bank, B e l v i d e r e , 111.
(Supplemental)




8-26-31
8^26-31