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LIBRARY,
ANNOUNCEMENT BY

X%

Jon 15
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
KcDCK-l :vTT-rvV£ B A M
OF C L E N ^ A N ^
i week ended June
e
K.3
No. 20

CHANGES IN STATE BANK M&.rBERSHIP
Date effective
Admitted to Membership
Iova Trust & Savings Eank, Bmnetsburg, Iowa.

6-7-61

Voluntary Withdrawal
10

Stromsburg Bank, Stromsburg, Nebraska.

-7-61

Merger and Establishment of Branches
Gloucester Safe Deposit and Trust Company,
Gloucester, Massachusetts, a State member, and
Cape Ann National Bank, Gloucester, Massachusetts,
merged under charter of Gloucester Safe Deposit
and Trust Company, and title of Cape Anru Bank
and Trust Company, with head office in the former
location of Cape Ann National Bank. The former
main office and branch of Gloucester Safe Deposit
and Trust Company :zill be operated as branches by
the continuing bank.

6-5-61

Establishment of State Member Branches
The First Pennsylvania Banking and Trust Company,
Philadelphia, Pennsylvania, established a branch
in Tullytown Borough, Pennsylvania (P. 0. Levittown), to be lcnoxm as Levittoxm Branch.

6-9-61

3

Lemoyne Trust Company, Lemoyne, Pennsylvania,
established a branch at 33^ South Tenth Street.

6-5-6l

7

State Bank of Cr00well, Croswell, Michigan, established a branch in Lexington, Michigan.

6-I-6I

10

Bank of Neosho, Neosho, Missouri, established a
branch at 115 South Jefferson, to be lmown as
Bank of Neosho Drive-In-Facility.

4-3-61

11

Southern Arizona Bank and Trust Company, Tucson,
Arizona, established a branch at 1260 West
Prince Road, to be knotm as Flowing Wells
Office.

6-5-61




3ff.

K.3
No. 20
NATIONAL BANK GRANTED ONE OR MORE TRUST POWERS
UI0ER SECTION 11 (I:), FEDERAL RESERVE ACT
Houston National Bank, Houston, Texas.

6-9-61

Board Action on Application to Merge or Consolidate
Pursuant to the Provisions of Section 18(c) of the
Federal Deposit Insurance Act
Date of Action
The Farmers & Merchants Bank of Spencer, Nev York,
Spencer, Nev York, for permission to merge with
The First National Bank of Candor, Candor, Nev
York, under charter and title of The Farmers &
Merchants Bank of Spencer, and for permission to
operate a branch at the present location of The
First National Bank of Candor. Approved.




No Changes in Other Categories
Covered by this Release

5-31-61

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