Full text of K.3 Changes in State Member Banks : June 10, 1961
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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