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K.3

ANNOUNCEMENT BY

1968 - No. 21

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GOVERNORS OF THE FEDERAL RESERVE SYSTEM
For the week ended June 1, 1968
CHANGES IN STATE MTMBER BANKS
Date effective

District
Withdrawal from Federal Reserve Membership
2

Seaside Bank, Westhampton Beach, New York.

Mergers and Establishment of Branches
The Bank of Virginia, Richmond, Virginia, a
State member bank, and The Peoples Bank of
Reedville, Reedville, Virginia, an insured
nonmember bank, merged u n d e r charter and
title of The Bank of Virginia, Richmond,
Virginia. The former head office and branch
of The Peoples Bank of Reedville will be
operated as branches by the continuing bank.
The Bank of Virginia, Richmond, Virginia, a
State member bank, and The Peoples Bank of
White Stone, White Stone, Virginia, an
insured nonmember bank, merged under charter
and title of The Bank of Virginia, Richmond,
Virginia. The former head office of The
Peoples Bank of White Stone will be operated
as a branch b y the continuing bank.

Establishment of State M e m b e r Branch
Grant County Bank, Silver City, N e w Mexico,
established a branch in Tyrone, New Mexico,
to be known as Tyrone Branch.




5-24-68


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102