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X
BOARD OF GOVERNORS OF THE FEDERAL F2SERVE SYSTEM
For the week ended February 18, 1961
CHANGES IN STATE B N MEMBERSHIP
AK

K,3
Nov 6
District

Date e f f e c t i v e
Merger and Establishment of Branches
Petersburg Savings and American Trust Company,
P e t e r s b u r g , V i r g i n i a , a S t a t e member, and The
Bank of Hopewell. Hopewell, V i r g i n i a , an insured
non-member, merged under c h a r t e r and t i t l e of
Petersburg Savings and American Trust Company.
The former main o f f i c e and branch of the Bank
of Hopewell w i l l be operated as branches by the
continuing bank.

2-16-61

Establishment of S t a t e Member Branches
1

The Connecticut Bank and Trust Company, H a r t f o r d ,
1-30-61
Connecticut, e s t a b l i s h e d a branch i n Thompsonville,
to be known as Thompsonville Branch.

1

F a l l River Trust Company, F a l l River, Massachusetts,
e s t a b l i s h e d a branch a t 111 S t a f f o r d Road, F a l l
River,

1-12-61

• CHANGE IN OVERSEAS PUNCHES OF AMERICAN
BANKS AND B N BIG CORPORATIONS
AK
—

3

The Chase Manhattan Bank, New York, New York,
opened a branch in La^os, N i g e r i a , located a t
the corner of Broad and Odunlami S t r e e t s , Lagos.

2-13-61

Board Action on Application t o Merge o r Consolidate
Pursuant to the Provisions of Section 18(c) of the
Federal Deposit Insurance Act
Date of Action
Montgomery County Bank and Trust Company, N o r r i s town, Pennsylvania, f o r permission t o merge with
The National Bank and Trust Company of Spring C i t y ,
Spring C i t y , Pennsylvania, under c h a r t e r and t i t l e
of Montgomery County Bank and Trust Company and f o r
permission to e s t a b l i s h branches l o c a t e d a t the
p r e s e n t o f f i c e s of The National Bank and Trust
Company. Approved.
No Developments in Other Categories
Covered by t h i s Release




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