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IbUn'r EAMK gr C H Y t W
.ANNOUNCEMENT BY
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
For the two weeks ended June 11, i960
:.3
fo.

CHANGES IN STATE BAM MEMBERSHIP
Date e f f e c t i v e

lot
Establishment of S t a t e Member Branches
1

Naumkeag Trust Company, Salem, Massachusetts,
e s t a b l i s h e d a branch a t 24-26 C e n t r a l S t r e e t ,
t o be known a s Drive-in-Walk-up Branch.

5- 9-60

2

Long I s l a n d Trust Company, Garden C i t y , New
York, e s t a b l i s h e d a branch a t Mineola, New York.

5-31-60

2

Hempstead Bank, Hempstead, New York, e s t a b l i s h e d
a branch a t Mineola, New York.

2

Chemical Bank New York T r u s t Company, New York,
New York, e s t a b l i s h e d a branch a t 2398 B e l l
Boulevard, Bayside, New York.

6- 6-60

2

Manufacturers Trust Company, New York, New York,
e s t a b l i s h e d a branch a t 3825 East Tremont
Avenue, t o be known as Throggs Neck O f f i c e .

6 - 6-60

k

The Peoples Bank and T r u s t Company, Dayton, Ohio,
e s t a b l i s h e d a branch a t K e t t e r i n g , (P.O. Dayton),
Ohio, t o be known a s K e t t e r i n g Branch.

5- 2-60

k

The Richland T r u s t Company, Mansfield, Ohio,
e s t a b l i s h e d a branch a t Park Avenue West
and Marion Avenue, t o be known as Park
Avenue Branch.

6-.6-6O

5

S t a t e - P l a n t e r s Bank of Commerce and T r u s t s ,
Richmond, V i r g i n i a , e s t a b l i s h e d a branch a t
1101 Azalea Avenue, t o be known as Azalea Branch.

6 - 1-60

7

Old Kent Bank and Trust Company, Grand Rapids,
Michigan, e s t a b l i s h e d a branch a t 69OI Cascade
Road, S . E . , Cascade, (P.O. Grand Rapids);
Michigan, t o be known a s Cascade Branch.

5~ 2-60

7

I n d u s t r i a l S t a t e Bank of ICa l a m zoo, Kalar.azoo,
Michigan, e s t a b l i s h e d a branch a t 516
P i c c a d i l l y Road, t o be known a s Westwood
Plaza Branch.

5-23-60




-

6- 8-60

NATIONAL BAM GRANTED ONE OR MORE TRUST POWERS
UNDER SECTION l l ( k ) , F~EDEP.AL RESERVE ACT
C e n t r a l National Bank of Rockford, Rockford,
Illinois.
CHANGES IN FOREIGN BANKING AND FINANCING CORPORATIONS
P h i l a d e l p h i a I n t e r n a t i o n a l Investment Corporation,
P h i l a d e l p h i a 1, Pennsylvania, opened f o r b u s i n e s s
as a c o r p o r a t i o n organized and o p e r a t i n g under
the p r o v i s i o n s of Section 25(a) of the Federal
Reserve Act.
CHANGES IN OVERSEAS BRANCHES OF AMERICAN
BANKS AND'EAMCTNG CORPORATIONS
The F i r s t National City Bank of New York opened
a "branch in Guayaquil, Ecuador, l o c a t e d a t
Pichincha 412, Guayaquil.
The F i r s t National City Bank of New York
opened a branch in Lomas de Zamora, Argentina,
l o c a t e d a t No. 8916 H i p o l i t o Yrigoyen S t r e e t ,
Lomas de Zamora, Province of Buenos A i r e s ,
Argentina.
The Chase Manhattan Bank, New York, opened a
branch in the City of Nassau, Bahamas, a t
the southwest corner of Bay and East
S t r e e t s , Nassau.