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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 *