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-ANNOUNCEMENT BY
K.3
1969 - No 27

\RD OF GOVERNORS OFlTHE FEDERAL RESERVE SYSTEM
For t h e week ended J u l y 5, 1969
CHANGES IN STATE MEMBER BANKS
Date e f f e c t i v e
Withdrawal From F e d e r a l R e s e r v e Membership
F i r s t Bank and T r u s t Company of Clay County,
Indiana, Brazil, Indiana.

7-1-69

M e r g e r s , A b s o r p t i o n , and E s t a b l i s h m e n t of B r a n c h e s
Anson Bank and T r u s t Company, Wadesboro, North
C a r o l i n a , a S t a t e member bank, and American
Bank & T r u s t Company, Monroe, N o r t h C a r o l i n a , 1
an i n s u r e d nonmember bank, merged u n d e r c h a r t e r
and t i t l e of l a t t e r bank. The head o f f i c e and
b r a n c h e s of Anson Bank and T r u s t Company w i l l be
o p e r a t e d as b r a n c h e s by t h e c o n t i n u i n g b a n k .

7-1-69

C i t i z e n s S t a t e Bank, Jamestown, I n d i a n a , a S t a t e
7-1-69
member bank, was absorbed by Boone County S t a t e
Bank, Lebanon, I n d i a n a , an i n s u r e d nonmember b a n k .
A b r a n c h was e s t a b l i s h e d i n t h e f o r m e r l o c a t i o n
of C i t i z e n s S t a t e Bank.
P e o p l e s S t a t e Bank of Bronson, Bronson, M i c h i g a n , 7 - 1 - 6 9
a S t a t e member b a n k , and The F i r s t N a t i o n a l Bank
of Quincy, Quincy, M i c h i g a n , merged under c h a r t e r
of The F i r s t N a t i o n a l Bank of Quincy, and t i t l e
of F i r s t N a t i o n a l Bank of Quincy. A b r a n c h was
e s t a b l i s h e d i n t h e former l o c a t i o n of P e o p l e s
S t a t e Bank of Bronson.
V a l l e y Bank of Nevada, Reno, Nevada, and Bank of
7-1-69
Las Vegas, Las Vegas, Nevada, b o t h S t a t e member
b a n k s , merged under c h a r t e r of l a t t e r bank and t i t l e
of V a l l e y Bank of Nevada, Las Vegas, Nevada.
The head o f f i c e and b r a n c h e s of V a l l e y Bank of
Nevada, Reno, Nevada, w i l l be o p e r a t e d as
b r a n c h e s by t h e c o n t i n u i n g bank.
E s t a b l i s h m e n t of S t a t e Member Branches
2

The County T r u s t Company, White P l a i n s , New York,
e s t a b l i s h e d a b r a n c h a t 417 King S t r e e t ,
Chappaqua, New York, t o be known as Chappaqua,
Officc.




6-30-69

2^

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2

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Data e f f e c t i v e
South Boston Bank and T r u s t Company, South
Boston, V i r g i n i a , e s t a b l i s h e d a branch at
U. S. Highway 501 and S t a t e Highway 129,
H a l i f a x County, V i r g i n i a , t o be known as
C e n t e r v i l l e Branch.

7-1-69

CHANGES IN OVERSEAS BRANCHES OF UNITED STATES BANKS
AND BANKING CORPORATIONS
F i r s t National C i t y Overseas Investment Corporation
6-26-69
New York, h a s opened a b r a n c h i n Nassau, Bahamas,
l o c a t e d a t Bay S t r e e t a t Rawson S q u a r e , E a s t , Nassau,
Bahamas.