Full text of K.3 Changes in State Member Banks : January 8, 1955
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K.3 No. 1 HI ANNOUNCEMENT BY LIBRARY OF RESFRVE iiifl r F Cfc . - a m . BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM For the week ending January^8, J $ 5 5 CHANGES IN STATE BANK MEMBERSHIP Dietri Date effective Admitted to Membership 7 Wayne Bank, Wayne, Michigan 1-3-55 Voluntary Withdrawal 12 Skagit Valley State Bank, Sedro Woolley, Washington 1-3-55 Conversion, Consolidations, Absorptions and Establishment of Branches 2 1-3-55 3 X The Citizens Bank of Arcade, Arcade, New York, a State member, has absorbed Silver Springs National Bank, Silver Springs, New York. A branch was established in the former location of Silver Springs National Bank. Littlestown State Bank, Littlestown, Pennsylvania, a State member, has absorbed Farmers Bank, McSherrystown, Pennsylvania, an insured nonmember. A branch was established in the former location of Farmers Bank. 1-3-55 4 The Southern Ohio Savings Bank and Trust Company,. Cincinnati, Ohio, a State member, has converted into a national bank under the title of The Southern Ohio National Bank of Cincinnati. 12-31-5^ 7 Fletcher Trust Company, Indianapolis, Indiana, a State member, and American National Bank, Indianapolis, Indiana, consolidated under the charter of the latter bank and' new title American Fletcher National Bank and Trust Company. The former head office and branches of the Fletcher Trust Company will be operated as branches b y the continuing bank. 1-3-55 7 Eaton County Savings Bank, Charlotte, Michigan, a State member, and Barber State Bank, Vermontville, Michigan, an insured nonmember, consolidated under the charter of Eaton County Savings Bank and new title Eaton County Bank. A branch was established in the former location of Barber State Bank. 1-3-55 Change in Title 7 Irwin-Union Trust Company, Columbus, Indiana, a State member, has changed its title to Irwin^Union Bank and FRASER Trust Company. Digitized for 1-3-55