Full text of K.3 Changes in State Member Banks : July 16, 1955

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R F # # . Rxnh OF CLEVEL&.Nr

K.3
No. 22
ANNOUNCEMENT BY

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
For the two weeks ending July IfC 1955

CHANGES IN STATE BANK MEMBERSHIP
District

Date effective
Merger and Establishment of Branch

3

City Bank and Trust Company, Reading, Pennsylvania,
a State member, merged under its charter and title
with First National Bank, Birdsboro, Pennsylvania.
A branch was established in the former location of
First National Bank.

7- 5-55

Establishment of State Member Branches
2

Long Branch Trust Company, Long Branch, New Jersey,
established a branch on the South Side of Brighton
Avenue, to be known as Drive-In Branch.

7-12-55

7

Farmers Trust Company, Franklin, Indiana, established
a branch at Whiteiand, Indiana.

7- 9-55

7

City Bank, Detroit, Michigan, established a branch
at 15800 Eight Mile Road East.

7-1U-55

Seattle Trust and Savings Bank, Seattle, Washington,
established a branch in an unincorporated area of
King County at 152nd Street and Pacific Highway
South, to be known as South Central Branch.

7-15-55

12

NATIONAL BANK GRANTED ONE OR MORE TRUST POWERS
UNDER SECTION ll(k), FEDERAL RESERVE ACT
12

City National Bank of Beverly Hills, Beverly Hills,
California.

7-15-55

CHANGES IN FOREIGN BANKING CORPORATIONS
2

American Overseas Finance Corporation, 30 Pine Street,
New York 5, New York, opened for business as a
corporation organized and operating under the
provisions of Section 25(a) of the Federal Reserve
Act.




6-28-55