Full text of K.3 Changes in State Member Banks : August 5, 1950
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LIBRARY OF THE FEDERAL RESERVE BANK OF CLEVELAND ANNOUNCEMENT BY BOARD OF GOVERNORS OF TEE FEDERAL RESERVE SYSTEM For the week ended August 5, 1950 CHANGES IN STATE BANK MEMBERSHIP Date effective Merger and Establishment of Branch State Bank of Churchville, Churchville, New York, an insured nonmember, was merged into Security Trust Company of Rochester, Rochester, New York, a State member, under the title and charter of the latter institution. In connection with the merger a branch was established in the former location of the State Bank of Churchville. 8-1-$0 Establishment of Branch Wachovia Bank and Trust Company, Winston-Salem, North Carolina, a State member, has established a branch at Charlotte, North Carolina, to be known as Time Payment Department Branch. 7-18-50