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375"

ANNOUNCEMENT BY
BOARD.OF GOVERNORS OF TEE FEDERAL RESERVE SYSTEM
For the week ended March 18, 1961
K.3
No. 10

CHANGES IN STATE BANK MEMBERSHIP
Date effective
Voluntary Withdrawal
Peoples State Bank of Gillespie, Gillespie,
Illinois.

3-15-61

Mergers and Establishment of Branches
Riverside Trust Company, Hartford, Connecticut,
a State member, and Broad Brook Bank and Trust
Company (Broad Brook), Town of East Windsor,
Connecticut, an insured nonmember, merged
under charter and title of Riverside Trust
Company. A branch was established in the
former location of Broad Brook Bank and
Trust Company.

2 -6-r6l

Farmers and Merchants Trust Company, Greenville,
Pennsylvania, a State member, and First Seneca
Bank and Trust Company, Oil City, Pennsylvania,
an insured nonmember, merged under charter and
title of First Seneca Bank and Trust Company.
A branch was established in the former location
of Farmers and Merchants Trust Company.

3-13-61

Establishment of State Member Branches
Manufacturers Trust Company, New York, New York,
established a branch at 2084 Linden Boulevard,
in Brooklyn, New York.

3-13-61

The First Pennsylvania Banking and Trust Company,
Philadelphia, Pennsylvania, established a branch
at 1518 Walnut Street.

3-13-61

Provident Tradesmens Bank and Trust Company,
Philadelphia, Pennsylvania, established a
branch in Lima, Pennsylvania.

3-13-61

Wachovia Bank and Trust Company, Winston-Salem,
North Carolina, established a branch in
Greensboro, North Carolina, to be known
as Golden Gate Office.

3-l6-6l




Date effective
Establishment of State Member Branches (Cont'd)
Greenfield State Bank, Bakersfield, California,
established a branch at 246 Bernard Street,
to be known as East Bakersfield Office.

3-17-61

CHANGES IN OVERSEAS BRANCHES OF AMERICAN
BANKS AND BANKING CORPORATIONS
The Chase Manhattan Bank, New York, New York,
opened a branch in Chitre, Republic of Panama,
located at the corner of M. Martin and
Herrera Avenues, Chitre.

3- 6-6l

The First National City Bank of New York, New
York, opened a branch in Asuncion, Paraguay,
located at Peru esquina Pettirossi, Asuncion.

3- 6-6l

Board Action on Applications to Merge or Consolidate
Pursuant to the Provisions of Section 18(c) of the
Federal Deposit Insurance Act
Date of action
The Peoples Bank of Hamburg, Hamburg, New York,
for permission to merge with The Bank of
North Collins, North Collins, New, York,
under charter of The Peoples Bank of Hamburg
and title of The Peoples Bank of Erie County,
and for permission to operate a branch atT the
present location of The Bank of North
Collins. Approved.

No Developments in Other Categories
Covered by This Release




3-15-61

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