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;F THE FEDERAL
\ h OF CLEVELAND
K.3
No. 16
ANNOUNCEMENT BY
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
For the week ended June 10, 1950
CHANGES IN STATE BANK MEMBERSHIP
District
7

Absorption and Establishment of Branch
I n d u s t r i a l S t a t e Bank of Kalamazoo, Kalamazoo,
Michigan, a S t a t e member, has absorbed The
S t a t e Bank of Augusta, Augusta, Michigan,
an insured nonmember. .In connection with
the absorption a branch was e s t a b l i s h e d a t
Augusta,

Date
effective
6-6-£0

NATIONAL BANKS GRANTED ONE OR MORE TRUST POWERS
UNDER SECTION 11(K), FEDERAL RESERVE ACT
3

The F i r s t National Bank of Pennington,
Pennington, New Jersey-

6-8-50

6

Gulf National Bank of Gulfport,
Gulfport, Mississippi

6-8-50