Full text of K.3 Changes in State Member Banks : July 8, 1961

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AMIOUKCEMEHT BY
BOARS OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
For the week ended July 8, l$6l
K.3 ,
No. 2h

CHANGES IN STATE BANTC MEMBERSHIP
Date effective
Voluntary Withdrawal
Jenkintown Bank and Trust Company, Jenl:intown,
Pennsylvania.
(Immediately after its withdrawal this banl: and
Industrial Trust Company, Philadelphia, Pennsylvania, an insured nonr.enber, consolidated under
charter of Jenkintown Bank and Trust Conpany and
title of Industrial Valley Banl: and Trust Conpany,
Jenkintown, Pennsylvania, an insured nonmember.
The former rain office and branches of Industrial
Trust Conpany will be operated as branches by the
continuing bank.)

7- 3-^1

Consolidation, Merrier and Establishment of Branches
The Community Banl: and Trust Conpany, New Haven,
7- 3~6l
Connecticut, a State member, and The Second National
Banl: of New Haven, New Haven, Connecticut consolidated
under charter and title of the latter. The former
main office and branch of The Community Bank and
Trust Conpany will be operated as branches by the
continuing bank.
Banl: of Powhatan, Incorporated, Powhatan, Virginia,
a State member, and Cumberland County Bank, Cumberland, Virginia, an insured nonmeriber, merged under
charter of Banl: of Powhatan, Incorporated and title
of Banl: of Powhatan. The former head office of
Cumberland County Bank will be operated as a branch
by the continuing bank.

7- 5-6l

Establishment of State Member Branches
The Cleveland Trust Company, Cleveland, Ohio, established a branch in South Euclid, Ohio, to be
known as Cedar-Green Branch.

6-26-61

Lawrence Savings and Trust Company, New Castle,
Pennsylvania, established a branch in Shenango
. Township, Pennsylvania, to be .known as Lawrence
Village Branch.

6- l-6l




3%

K.3
No. 2h

-2NATIONAL BANKS GRANTED ONE OR MORE TRUST POWERS
UNDER SECTION ll(k), FEDERAL RESERVE ACT

District

Date effective

6

OrEond Beach National Bank, Omnond Beach, Florida.

7- 6-6l

8

The First National Eanl; in Owenton, Owenton,
Kentucky.

7- 6-6l




No Changes in Other Categories
Covered by This Release