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AMOUilCLMSKT BY
BOARD OF GOVERNORS OF TEE FEDERAL RESERVE SYSTEM
For the week ended July 4, 1959
K.3
No. 20

CHANGES IN STATE BARK imiBEhSSIP
Date effective

District
Voluntary Withdrawal
7

Farmers Trust Company, Franklin, Indiana.

7-1-59

Mergers and Establishment of Branches
2

Manufacturers and Traders Trust Company, Buffalo,
New York, a State member, and Bank of Ellicottvi]le,
Ellicottville, New York, an insured homnember,
merged under charter and title of Manufacturers
and Traders Trust Company. A branch was established
in the former location of Bank of Ellicottville.

7-1-59

2

Security Trust Company of Rochester, Rochester, New
York, a State member, and The First National Bank
of Wolcott, Wolcott, New York, merged under charter
and title of Security Trust Company of Rochester.
A branch was established in the former location of
The First National Bank of Wolcott.

6-15-59

4

First Jeannette Bank and Trust Company, Jeannette,
Pennsylvania, a State member, and Peoples First
National Bank & Trust Company, Pittsburgh,
Pennsylvania, merged under charter and title of
Peoples First National Bank & Trust Company. A
branch was established in the former location of
First Jeannette Bank and Trust Company.

7-1-59

County Trust Company of Maryland, Glen Burnie,
Maryland, a State member, and The Kent County Bank,
Chestertowa, Maryland, an insured nonmember, merged
under charter and title of County Trust Corpany of
Maryland. A branch was established in the former
location of The Kent County Bank.

7-1-59




7 6?

K.3
No. 20

Date effective

Establishment of St.ate Member Branches
2

Chemical Corn Exchange Bank, New York, established
a branch at 2723-2725 East Tremont Avenue, Bronx,
to be known as Westchester Square Office.

6-29-59

4

The Sylvania Savings Bank Company, Sylvania, Ohio,
established a branch at Adams Township.

6-25-59

7

The Algonac Savings Bank, Algonac, Michigan,
established a branch at Fair Haven, Michigan.

7-1-59

7

First-Peoples State Bank, Traverse City, Michigan,
established a branch at 206 Munson Avenue.

7-1-59