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3#
ANNOUNCEMENT BY
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
K'3 ,
No. 16

For the week ended May 6 , 1961
CHANGES IN STATE BANK MEMBERSHIP
Date e f f e c t i v e

District
Merger and Establishment of Branches
F i r s t Trust Company of Albany, Albany, New York,
and The Johnstown Bank, Johnstown, New York,
both S t a t e members, merged under c h a r t e r and
t i t l e of F i r s t Trust Company of Albany. 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 Johnstown Bank.

5-1-61

Establishment of S t a t e Member Branches
Chemical Bank New York Trust Company, New York,
New York, e s t a b l i s h e d a branch in Massapequa,
New York.

5-1-61

The Hanover Bank, New York, New York, e s t a b l i s h e d
a branch a t 350 Park Avenue, New York.

5-1-61

No Developments In Other Categories
Covered by This Release