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ANNOUNCEMENT
,'QARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
Changes in State Member Banks
For the week ended May 2, 1970
Date Effective
Withdrawals From Federal Reserve Membership
First State Bank of LakefieId, Lakefield, Minnesota.

4-29-70

Cwatonna State Bank, Ovatonna, Minnesota.

4-22-70

Mergers. Conversion, and Establishment of Branches
Burlington Bank & Trust Company, Burlington, New
Jersey, a State member bank, and The Pennsauken
Bank, Pennsauken Township, New Jersey, an insured
npnmember bank, merged under charter of latter
bank with new title of Fidelity Bank and Trust
Company of New Jersey. A branch was established
in the former location of Burlington Bank &
Trust Company.

5-1-70

Citizens-Farmers & Merchants Bank, Brewton, Alabama,
a State member bank, converted to First National
Tank.

5-1-70

Southern Bank and Trust Company, Richmond, Virginia
a State member bank, and Grace Street Bank,
Richmond, Virginia, a newly organized State member
bank, merged under charter of latter bank and
title of former.

5-1-70

Union Bank, Los Angeles, California, a State member
4-27-70
bank, and Commonwealth National Bank, San Francisco,
California, merged under charter and title of
former bank. The former main office and branches
of Corcmonwealth National Bank will be operated
as branches by the continuing bank.




Changes In Titles
9

11

Austin State Bank, Austin, Minnesota, changed its
title to Northwestern State Bank of Austin.

5-1-70

Central Savings Sank and Trust Company, Monroe,
Louisiana, changed its title to Central Bank.

5-2-70

Establishment of State Member Branches
1

Sanford Trust Company, Sanford, Maine, established
a branch at Route 1, Wells, Maine.

4-22-70

3

Princeton Bank and Trust Company, Princeton Township,
New Jersey, established a branch at 20 Texas Avenue
and US Route 1, Lawrence Township, New Jersey,
to be known as Lawrence Township Office.

4-27-70

CHANGES IN OVERSEAS BRANCHES OF UNITED STATES BANKS
AND BANKING CORPORATIONS
First National City Bank, New York, has opened
branch in Stuttgart, Germany, located at
Theodor Heuss Str 9, 7 Stuttgart 1, Germany.

a

First National City Bank, New York, has opened a
branch in Las Tablas, Republic of Panama,
located at Avenida Pablo Arosemena y Parque
Belisario Porras, Las Tablas, Republic of Panama.

4-21-70

4-27-70

The First National Bank of Chicago, Chicago, Illinois, 4-27-70
has opened a branch in Paris, France, located at
12 Avenue Hoche, Paris.