Full text of K.3 Changes in State Member Banks : May 9, 1970

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ANNOUNCEMENT BY
K.3
1970-No. 19

BOARD 'OF GOVERNORS OF THE FEDERAL RESERVE SYSTE1
Changes in S t a t e Member Banks
For the week ended May 9, 1970

District

Date E f f e c t i v e
Mergers, Conversion, and Establishment of Branches

3

Milton Bank,and S a f e D e p o s i t Company, M i l t o n , Pennsy1v a n i a , a S t a t e member bank, and Northern Central Bank
and Trust Company, W i l l i a m s p o r t , P e n n s y l v a n i a , an
insured nonmember bank, merged under c h a r t e r and t i t l e
of l a t t e r bank. The former head o f f i c e and branch of
Milton Bank and S a f e D e p o s i t Company w i l l be operated
as branches by the c o n t i n u i n g bank.

7

S t a t e Savings Bank, F o n t a n e l l e , Iowa, a S t a t e member
bank converted t o F i r s t N a t i o n a l Bank.

5-4-70

5-4-70

Establishment o f r S t a t e Member Branches
2

Broadway Bank & Trust Company, P a t e r s o n , New J e r s e y ,
e s t a b l i s h e d a branch a t Midland Park Shopping
Center, Midland P a r k , New J e r s e y , t o be known as
Midland Park Banking Center.

4-29-70

2

The S t a t e Bank of North J e r s e y , Pine Brook, New
J e r s e y , e s t a b l i s h e d a branch a t Change Bridge
Road, M o n t v i l l e Township, New J e r s e y , t o be
known as M o n t v i l l e O f f i c e .

3-16-70

7

S t . Joseph V a l l e y Bank, E l k h a r t , Indiana, e s t a b l i s h e d
a branch at 3002 Vest Lexington Avenue, Elkhart,
Indiana, t o be known as Oak Manor Branch.

3-2-70

7

Bay C i t y Bank & Trust Company, Bay C i t y , Michigan,
e s t a b l i s h e d a branch a t 232 West Midland Road,
Auburn, Michigan.

4-24-70




Chemical Bank and Trust Company, Midland, Michigan,
e s t a b l i s h e d a branch at 210 North Railroad S t r e e t ,
Sanford, Michigan.
Southern Arizona Bank & Trust Company, Tucson,
Arizona, e s t a b l i s h e d a branch a t 5310 East Grant
Road, Tucson, Arizona, t o be known as Tucson
Medical Banking Center.