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ANNOUNCEMENT BY

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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
For the week ended July 29, 1961
K.3
No. 27

CHANGES IN STATE BANK MEMBERSHIP

District

Date effective
Voluntary Withdrawals

8
11

Citizens State Bank, Tupelo, Mississippi.

7-28-61

Security State Bank, Fredericksburg, Texas.

7-26-61

Establishment of State Member Branches
Peoples Trust Company of Bergen County, Hackensack,
New Jersey, established a branch at Route 46 8s
Hollister Road, Teterboro, New Jersey.

7-10-61

11

Southern Arizona Bank and Trust Company, Tucson,
Arizona, established a branch at 313 North Central
Avenue, Phoenix, Arizona, to be known as Phoenix
Main Office.

7-25-61

12

United California Bank, Los Angeles, California, established a branch at 13205 East South Street,
Dairy Valley, California, to be known as Dairy
Valley Office.

7-28-61

Wells Fargo Bank American Trust Company, established
a branch at 600 Quarry Road, Palo Alto, California,
to be known as Old Stanford Farm Office.

7-26-61

2

Changes In Overseas Branches of American
Banks and Banking Corporations
First National City Bank, New York, opened a branch
in Brasilia, D. F., Brazil, located in temporary
quarters at Av. w. 3 Quadra 2-A, Brasilia, D. F.

7-12-61

First National City Bank, New York, opened a branch in
Karachi, Pakistan, located at Merewether Tower,
Bunder Road, Karachi.

7-22-61




Mo

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K.3
No. 27

-2Board Action on Applications to Merge or Consolidate
Pursuant to the Provisions of Section 18(c) of the
Federal Deposit Insurance Act
Date of Action

^District
5

Wachovia Bank and Trust Company, Winston-Salem,
North Carolina, for permission to merge with The
First National Bank of Thomasville, Thomasville,
North Carolina, under charter and title of Wachovia
Bank and Trust Company, and.for permission to
operate a branch at the present location of The
First National Bank of Thomasville. Approved.




No Changes in Other Categories
Covered by This Release

7-27-61