Full text of K.3 Changes in State Member Banks : August 5, 1961

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ANNOUNCEMENT BY
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

E.3
No. 28

For the week ended August 5/'l96l
'
CHANGES IN STATE B A M MEMBERSHIP
Date effective
Mergers, Conversion, and Establishment of Branches
Wachovia Bank and Trust Company, Winston-Salem, North
Carolina, a State member, and The First National
Bank of Thcmasville, Thomasville, North Carolina,
merged under charter and title of the former. A
"branch was established in the former location of The
First National Bank of Thprnasville.

7-29-61

The Citizens-Waynesboro Bank and Trust Company, Waynes8- 3-61
boro, Virginia, a State member, and The Peoples
National Bank of Charlottesville, Charlottesville,
Virginia, merged under charter and title of the latter.
The former main office and branch of The CitizensWaynesboro Bank and Trust Company will be operated as
branches by the continuing bank.
The Michigan Bank, Detroit, Michigan, a State, member,
has converted into a national bank under title of
Michigan Bank, National Association.

8- l-6l

Establishment of State Member Branches
Bankers Trust Company, New York, New York, established
a branch at 120 Broadway, New York, New York.

7-31-61

Manufacturers Trust Company, New York, New York, established a branch at 607 Soundview Avenue, Clason
Point, Bronx, New York.
-

7-31-61

The Sumitomo Bank of California, San Francisco, Califor- 8- l-6l
nia, established a branch at 3860 Crenshaw Boulevard,
Los Angeles, California, to be known as Crenshaw Branch.
Wells Fargo Bank American Trust Company, San Francisco,
California, established a branch at 550 Castro Street,
Mountain View, California, to be.known as Mountain
View Office.

7-31-61

Wells Fargo Bank American Trust Company, San Francisco,
California, established a branch at
North First
Street, San Jose, California.

8- 3-61




K.3
No. 28

-2-

NATIONAL BANKS GRANTED ONE OR MORE TRUST
POWERS UNDER SECTION ll(k), FEDERAL RESERVE ACT
District

Date effective

1

The First National Bank of Ipswich, Ipswich,
Massachusetts.

8- 2-61

7

Michigan Bank, National Association, Detroit,
Michigan.

8- l-6l




No Changes in Other Categories
Covered by This Release