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ANi:ou::cE:ENT 5 i
HOARD 0? GOVERNORS OF THE FEDERAL RESERVE SYSTEM
For t h e vreek ending January 1C, 1959

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. CHANGES IN STATS BANK :3MEER3KI?
- Date e f f e c t i v e

Mergers, Consolidation and Establishment
of Branches

The Connecticut Bank and T r u s t Company, H a r t f o r d ,
Connecticut, a S t a t e member, and The Manchester T r u s t
Company, Manchester, Connecticut, an insured nonmember, merged under c h a r t e r and t i t l e of The
Connecticut Bank and T r u s t Company. The former
•head o f f i c e and branch of The Manchester T r u s t
Company w i l l be operated as branches by the
continuing bank,

12-29-58

The F i r s t Pennsylvania Banking and T r u s t Company,
P h i l a d e l p h i a , Pennsylvania, a S t a t e member, and
Huntingdon Valley T r u s t Company, Huntingdon Valley,
Pennsylvania, an i n s u r e d nofimember5 merged under
c h a r t e r and t i t l e of The F i r s t Pennsylvania Banking
and T r u s t Company, A branch was e s t a b l i s h e d i n the
former l o c a t i o n of Huntingdon Valley T r u s t Company.

1-5-59

French Lick S t a t e Bank, French Lick, I n d i a n a , a S t a t e
member, and The V/est Baden National Bar.-:- '.Vest Baden
Springs, I n d i a n a , c o n s o l i d a t e d under c h a r t e r of t h e
l a t t e r bank and new t i t l e of The Springs v a l l e y
National Bank and moved t o French Lick, I n d i a n a ,
A branch was e s t a b l i s h e d i n the former l o c a t i o n of
The '.Vest Baden National Bank,

1-2-59

Establishment of S t a t e Member Branches
B. M, C. Durfee T r u s t Company, F a l l R i v e r , Massachusetts, 12-15-58
e s t a b l i s h e d a branch a t 77 Bank S t r e e t , t o be known
as Drive-in-Walk-up Branch.
S t a t e Bank of Albany, Albany, New York, e s t a b l i s h e d a
branch a t P l a t t s b u r g , New York, t o be kncwn as
Northway O f f i c e .

12-15-58

Bankers T r u s t Company, New York, New York, e s t a b l i s h e d
a branch a t 11U8 Third Avenue, t o be known as 67th
Street Office,

12-15-58

Chemical Corn Exchange Bank, New York, Nerr York,
e s t a b l i s h e d a branch a t Randall Avenue and F a i l e
S t r e e t , Bronx, New York.

12-17-58




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Establishment of S t a t e Member Branches - (Cont'd)
Date e f f e c t i v e
Dutchess Bank & T r u s t Company, Pcughkeepsie,' New
York, e s t a b l i s h e d a branch i n Town of Pcughkeepsie,
New York.
Crawford County T r u s t Company, 2_5adville, Pennsylvania,
e s t a b l i s h e d a branch a t South Park Avenue Extension,
(?o3« Meadville), Pennsylvania, t o be kr.c.wn as Plaza
Branch.

1-6-59

12-5-58

Columbus 'Bank and T r u s t Company, Columbus, Georgia,
e s t a b l i s h e d a branch a t 1&35 Be lining Drive, t o
be known as South Columbus Branch.

1-2-59

The L-ount Clemens Savings Bank, Mount Clemens,
liichigan, e s t a b l i s h e d a branch a t Township of
Clinton.

1-8-59

7,'orthen Bank & Trust Company, L i t t l e Rock, Arkansas,
e s t a b l i s h e d a branch i n L i t t l e Rock, t o be known
as Plaza O f f i c e .

12-26-58

NATIONAL BANKS GRANTED 0 : 5 CR :.:ORE TP.UST PQ'VERS
UNDER SECTION 11 (k)> FZEER.-.L RESERVE ACT
The Springs Valley N a t i o n a l Bank, French Lick, I n d i a n a .

1-2-59

Southwest National Bank of El Paso, El Paso, Texas.

1-9-59




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