Full text of K.3 Changes in State Member Banks : December 2, 1950
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I K.3 No. Of THE rcUSKAL 3b ANNOUNCEMENT BY BOARD OF GOVERNORS CF THE FEDERAL RESERVE SYSTEM For t h e week ended December 2 , 1950 CHANGES IN STATE BAM MEMBERSHIP ; Date effective District V o l u n t a r y Withdrawal X U The Lodi S t a t e Bank, L o d i , Ohio 11-27-50 A b s o r p t i o n and E s t a b l i s h m e n t of Branches United S t a t e s T r u s t Company of Newark, Newark, New J e r s e y , a S t a t e member, has b e e n a b s o r b e d by The N a t i o n a l S t a t e Bank of Newark, Newark, New J e r s e y . In c o n n e c t i o n w i t h t h e a b s o r p t i o n the f o r m e r main o f f i c e of United S t a t e s T r u s t Company as w e l l as f i v e of t h e s i x b r a n c h e s f o r m e r l y o p e r a t e d by United S t a t e s T r u s t Company of Newark w i l l be o p e r a t e d by The N a t i o n a l S t a t e Bank of Newark. S e v e n t h Avenue Branch p r e m i s e s have been s o l d t o United S t a t e s S a v i n g s Bank of Newark, an i n s u r e d Mutual S a v i n g s bank to be o p e r a t e d as a b r a n c h . VC 1 r '8y 12-1-50