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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL IffiSffRVE SYSTEM For the week ending February 20, 195k CHANGES IN STATE BANK MEMBERSHIP Date effective Absorption and Establishment of Branch American Trust Company, San Francisco, California, a State member, has absorbed the First National Bank, Los Gatos, California. A branch was established in the former location of the First National Bank. 2-15-5U Establishment of Branch City Bank and Trust Company, Reading, Pennsylvania, a State member, has established a branch at 160 Spring Street. 2-15-5U