Full text of K.3 Changes in State Member Banks : May 3, 1958

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K.3
No. 15

BANK O F !
ANNOUNCEMENT BY
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
For the week ending May 3 , 1958
CHANGES IN STATE BANK MEMBERSHIP

District

Date e f f e c t i v e
Admitted t o Membership

9

Grand Rapids State Banlc, Grand Rapids,
Minnesota.

11

The F i r s t S t a t e Bank, Gladewater, Texas,

.5-1-53

Voluntary Withdrawal
4-28-58

Absorptions, Merger and Establishment of Branches
3

Newtown Bank and Trust Company, Newtown, Penn4-28-58 "
s y i ^ a n i a , a S t a t e member, was absorbed by C e n t r a l Penn National Bank, P h i l a d e l p h i a , Pennsylvania.
A 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 absorbed bank.

3

Girard Trust Corn Exchange Bank, P h i l a d e l p h i a ,
Pennsylvania, a S t a t e member, and Upper Darby
National Bank, Upper Darby, Pennsylvania, merged
under c h a r t e r and t i t l e of Girard Trust Corn
Exchange Bank, The former main o f f i c e of t h e
discontinued bank and i t s branches w i l l be
operated as branches by t h e continuing bank*

4-28-58

4

F i d e l i t y Trust Company, P i t t s b u r g h , Pennsylvania,
a S t a t e member, absorbed Allegheny Valley Trust
Company, Verona, Pennsylvania, an insured nonmember. A 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 absorbed banlc.

4-7-58

Change i n Location
County Trust Company of Maryland, Cambridge,
3-11-58
Maryland, a S t a t e member, has changed i t s l o c a t i o n
t o C-len Burnie, Maryland.




Establishment of S t a t e Member Branches
County Trust Company of Maryland, Glen Burnie,
Maryland, e s t a b l i s h e d a branch a t Cambridge,
Maryland P

3-11-58

County Trust. Company of Maryland, Glsn Burnie,
Maryland, e s t a b l i s h e d a branch a t R i v i e r a
Beach, Maryland.

4-14-56

Georgia Railroad Bank fit Trust Company, Augusta,
Georgia, e s t a b l i s h e d a branch a t Walton Wty
and L i b e r t y S t r e e t , t o be kr.cwr. as Walton
Way Branch,

4-16-58

NATIONAL BANKS GRANTED ONE OR MORS TRUST POWERS
" "UNDER SECTION ll'TtOT^FSERAL RESERVE ACT
Lincoln National Bank of L i n c o l n t o n , Lincolnton,
North C a r o l i n a .

5-1-58

The New I b e r i a National Bank, New Iberia>
Louisiana.

4-30-58