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K.3
No. 9

ANNOUNCEMENT BY
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
For the week ending February 27, 1954

CHANGES IN STATE BANK MEMBERSHIP
District

Date effective
Merger and Establishment of Branch

3

Chester-Cambridge Bank and Trust Company,
Chester, Pennsylvania, a State member,
and The Philadelphia National Bank,
Philadelphia, Pennsylvania, merged under
the charter and title of The Philadelphia
National Bank. Both the former main
office and the Marcus Hook branch of the
Chester-Cambridge Bank and Trust Company
will be operated as branches.




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