Full text of K.3 Changes in State Member Banks : March 4, 1967

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ANNOUNCEMENT BY
BOA^D OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
K.3
1967-No. 9

For t h e week ended March b, 1967
CHANGES IN STATE BANK MEMBERSHIP
/
Mergers and E s t a b l i s h m e n t of Branches

Eate e f f e c t i v e

County Bank and T r u s t Company, Cambridge,
M a s s a c h u s e t t s , a S t a t e member batik, and
S c m e r v i l l e N a t i o n a l Bank, S c m e r v i l l e ,
M a s s a c h u s e t t s , merged under c h a r t e r of t h e
l a t t e r bank w i t h t i t l e and l o c a t i o n changed
t o The County Bank, N.A., Cambridge,
M a s s a c h u s e t t s , ( f o r m e r l o c a t i o n of County
Bank and T r u s t Company). A do novo branch
was e s t a b l i s h e d i n t h e former l o c a t i o n of
t h e n a t i o n a l bank. The branch f o r m e r l y
o p e r a t e d by County Bank and T r u s t Company
w i l l be o p e r a t e d a s a branch by t h e c o n t i n u i n g
bank.

2-27-67

Bank of La Crosse, La Crosse, V i r g i n i a , and
The Bank of V i r g i n i a , Richmond, V i r g i n i a ,
b o t h S t a t e member banks, merged under
c h a r t e r and t i t l e of t h e l a t t e r bank. The
head o f f i c e and branch f o r m e r l y o p e r a t e d
by Bank of La Crosse, w i l l be o p e r a t e d as
b r a n c h e s by t h e c o n t i n u i n g bank.

3- I - 6 7

Change i n T i t l e
The C i t i z e n s Bank, I n c o r p o r a t e d , of South H i l l ,
V i r g i n i a , South H i l l , V i r g i n i a changed i t s
t i t l e t o The C i t i z e n s Bank, I n c o r p o r a t e d .

2-27-67

E s t a b l i s h m e n t of S t a t e Member Branches
S t a t e S t r e e t Bank and T r u s t Company, Boston,
M a s s a c h u s e t t s , e s t a b l i s h e d a branch a t
Longwood and Brookline Avenues, Boston,
M a s s a c h u s e t t s , t o be known a s Longwccd
Medical O f f i c e .

3- I - 6 7

Rhode I s l a n d H o s p i t a l T r u s t Company, Providence,
Rhode I s l a n d , e s t a b l i s h e d a branch a t Bald
H i l l Road and East Avenue, Warwick, Rhode I s l a n d .

3- 1 - 6 7




Establishment of S t a t e Member Branches (Cont'd)
Girard Trust Bank, P h i l a d e l p h i a , Pennsylvania,
e s t a b l i s h e d a branch on Lincoln Highway,
Middletown Township, Pennsylvania.
Old Kent Bank and Trust Company, Grand Rapids,
Michigan, e s t a b l i s h e d a branch a t 3075 28th
S t r e e t , South E a s t , P a r i s Township, Michigan*
CHANGES IN CORPORATIONS ENGAGED IN
FOREIGN BANKING AND FINANCING
S e c u r i t y F i r s t I n t e r n a t i o n a l Corporation,
Los Angeles, C a l i f o r n i a , a wholly-owned
s u b s i d i a r y of S e c u r i t y F i r s t National
Bank, Los Angeles, has 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 operating
under the p r o v i s i o n s of Section 25(a) of
t h e Federal Reserve Act,