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FEDERAL RESERVE BOARD
WASHINGTON
X-1530
ADDRESS OFFICIAL CORRESPONDENCE TO
THE FEDERAL RESERVE BOARD
FEDERAL RESERVE BOARD ANN0UNCB1ENT
* 2 7 , 1931
CHANGES IN STATE BANK MEMBERSHIP
District
•_
Capit al
Date
•admitted t o Mem "bey s h i p :
None.
A b s o r p t i o n of N a t i o n a l Banks:
Newton T r u s t C o . , Newton, I . a s s . , m e n b e r ,
$1,000,000
a b s o r b e d t h e F i r s t N a t i o n a l Bank o f Newton, . . .
100,000
P e o p l e s Bank, C a r r o l l t o n , G a . , member,
60,000
a b s o r b e d t h e F i r s t N a t i o n a l Bank of C a r r o l l t o n , .
100,000
2-16-31
1-13-31
Merger of S t a t n B a n k s ;
4
J
7
7
F i r s t - C i t y T r u s t & S a v i n g s Bank, A k r o n , 0 . , member,
Ohio S t a t e Bank & T r u s t C o . , nonmember, . . . . . .
merged u n d e r c h a r t e r and t i t l e o f
F i r s t - C i t y T r u s t & S a v i n g s Bank, member,
. . .
A m e r i c a n T r u s t C o . , S o u t h Bend, I n d . , member, . . .
La S a l l e S t a t e B a n k , nonmember,
merged u n d e r c h a r t e r and t i t l e o f
A m e r i c a n T r u s t C o . , member
Commercial S t a t e S a v i n g s Bank, F e n t o n , M i c h . , m e m b e r
Fen t o n S t a t e S a v i n g s Bank, member,
c o n s o l i d a t e d u n d e r c h a r t e r of l a t t e r a n d t i t l e of
S t a t e S a v i n g s Bank o f F e n t o n , member,
3,500,000
1,000,000
1-31-31
{
3,750,000
500,000
50,000
2- 2-31
500,000
50,000
25,000
2-16-31
50,000
Voluntary Liquidation:
8
F e d e r a l Bank & T r u s t C o . , L i t t l e R o c k , A r k . ,
8
F i r s t S t a t e Bank, P a l m y r a ,
. . .
200,000
1-20-31
25,000
2-24-31
Closed:
111.,
PERMISSION GRANTED TO EXERCISE TRUST POWERS:
F i r s t M e r c h a n t s N a t i o n a l Bank & T r u s t C o . ,
M i d a l e t o w n , N. Y.
( F u l l powers)
2-18-31
@FedFRASER