Full text of K.3 Changes in State Member Banks : June 9, 1956
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LIBRARY OF THE FEDERAL ^ RESERVE BANK OF CLEVELAND K.3 No. 20 ANNOUNCEMENT BY -^ BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM •t For the week ending June '9, 1956 CHANGES IN STATE BANK MEMBERSHIP Date e f f e c t i v e Merger, Consolidation, and Establishment of Branches S e c u r i t y Trust Company, Rochester, New York, a S t a t e member, merged under i t s c h a r t e r and t i t l e with The National Bank of Phelps, Phelps, New York. A branch was e s t a b l i s h e d in the former l o c a t i o n of the l a t t e r bank. • 6-4-56 The Peoples Bank, Manchester, Michigan and Union Savings Bank, Manchester, Michigan, both S t a t e , members, c o n s o l i d a t e d under c h a r t e r and t i t l e of the l a t t e r bank. 5-28-56 Establishment of S t a t e Member Branches Petersburg Savings and American Trust Company, Petersburg, V i r g i n i a , e s t a b l i s h e d a branch a t the Northwest Corner of West Washington and Chappell S t r e e t s . 5-14-56 Merchants and Farmers Bank, Portsmouth, V i r g i n i a , 5-21-56 e s t a b l i s h e d a branch a t A i r l i n e Turnpike and Gosport Road, to be known as Alexander Corner Branch. C a l i f o r n i a Bank, Los Angeles, C a l i f o r n i a , e s t a b l i s h e d a branch a t 11944 San Vicente Boulevard, to be known as Brentwood O f f i c e . 6-4-56 CHANGES IN FOREIGN BRANCHES OF AMERICAN BANKS AND BANKING CORPORATIONS The F i r s t National City Bank of New York, New York, opened a branch a t 57 East McKinley S t r e e t , Mayaguez, Puerto Rico. 5-31-56 The F i r s t National City Bank of New York, New York, opened a branch a t 252 Avenida Ponce de Leon, Hato Rey, San Juan, Puerto Rico. 6-I-56