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K.3
No. 7

ANNOUNCEMENT BY
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
For the week ending February

1954

CHANGES IN STATE BANK MEMBERSHIP
Date effective
Admitted to Membership
Alden State Bank, Alden, New York

2-11-54

Conversion, Merger and Establishment of Branches
Florida Bank at Orlando, Orlando, Florida, a State
member, has converted into a national bank under
the title of The Florida National Bank at Orlando.

2-10-54

Fidelity-Philadelphia Trust Company, Philadelphia,
Pennsylvania, a State member, The First National
Bank of Chester, Pennsylvania, Chester, Pennsylvania, and Clifton Heights National Bank, Clifton
Heights, Pennsylvania merged under the charter
and title of Fidelity-Philadelphia Trust Company.
Branches were established in the former locations
of The First National Bank of Chester and Clifton
Heights National Bank. The two branches formerly
operated by The First National of Chester, one in
Chester and one in Marcus Hook and the one branch
formerly operated by Clifton Heights National Bank
in Clifton Heights, will be operated .as branches
by Fidelity-Philadelphia Trust Company.

2-9-54

Establishment of Branches
Tradesmens Land Title Bank and Trust Company, Philadelphia, Pennsylvania, a State member, has established a branch at Erie Avenue and I Street, to
be known as Erie Branch.

2-8-54

The Fidelity Trust Company, Baltimore, Maryland, a
State member, has established a branch at 4500
Erdman Avenue.

2-8-54





Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102