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18

ANNOUNCEME^ BY
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
For the week ended August 6, i960
K.3
No. 29

CHARGES' IN STATE BAKK WEMBBRS3IP
Date effective
Mergers and Establishment of Branches
Peoples Trust Company of Wyomissing, Wyomissing,
Pennsylvania, and City Bank and Trust Company
of Reading, Reading, Pennsylvania, both State
member banks, merged under charter of Peoples
Trust Company of Wyomissing and new title of
Peoples Trust City Bank with head office transferred tb former location of City Bank and
Trust Company of Reading. The former main
office and branches of Peoples Trust Ccmjany and
the branches of City Bank" and Trust Company w:11
be operated as branches by the continuing bank.

8-1-60

Petersburg Savings and American Trust Company,
Petersburg, Virginia, a State member, and Bank
of Colonial Heights, Colonial Heights, Virginia,
an insured nonmember, merged under charter and
title of Petersburg Savings and American Trust
Company. The former main office and branch of
Bank of Colonial Heights will be operated as
branches by the continuing bank.

8-1-60

The Oregon Bank, Portland, Oregon, a State member,
and The Valley National Bank of Milton, MiltonFreevater, Oregon, merged under charter and
title of The Oregon Bank. A branch was established in the former location of The Valley
National Bank of Milton.

8-1-60

Establishment of State Member Branches
Citizens Bank of Monroe, Monroe, New York, esxabl:shed a branch in the A&P Shopping Center,
on the West side of Route 17M.

8-1-60

Colonial Trust Co^any, New York, New York, estaolished e. brunch at Rocka^ay Boulevard and
13.jrd Avenue.

8-3-60




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-2-

K.3
No. 29
District

Date effective
Establishment of State Member Branches (Cont'd)

2

Manufacturers Trust Company, New York, New York,
established a branch at 1919 Francis Lewis
Boulevard, Whitestone.

8-1-60

3

Fidelity-Philadelphia Trust Company, Philadelphia,
Pennsylvania, established a branch at Ridley
Township, Pennsylvania.

8-5-60

4

The Cleveland Trust Company, Cleveland, Ohio,
established a branch at Parma, Ohio, to be
known as Parmatown Branch.

8-1-60

6

The Bank of New Orleans and Trust Company, New
Orleans, Louisiana, established a branch at
1330 Odeon Street, to be known as West Bank
Office.

8-1-60

11

Roswell State Bank, Roswell, New Mexico, established a branch at lUOO Southeast Main,
to be known as South Office.

—

8-3-60

Bank of America National Trust and Savings
Association, San Francisco, California, opened
a branch in the City of Lagos, Federation of
Nigeria, at 132-136 Broad Street.

8-1-60

CHANGE IN OVERSEAS BRANCHES OF AMERICAN
BANKS AND BANKING CORPORATIONS