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Ho. 33
ANNOUNCEMENT BY
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
For the week ended November 25, 1950
CHANGES IN STATE BANK MEMBERSHIP
*

Date
effective

District
Consolidation, Merger and Establishment of Branches
7

12

•*
11-20-50
Traverse City State Bank, Traverse City, Michigan,
1
a State member bank, and The State Bank of Buttons
Bay, Buttons Bay, Michigan, an insured honmember
bank, consolidated under the charter aria title of
the State member. In connection with the consolir .
dation a branch was established at Buttons Bay.
Novato Bank, Novato, California, an inspired nonmember
11-20-50
bank, merged into Central Valley Bank of California,
Richmond, California, a State member bank, under the
charter and title of the latter institution. In connection with the merger a branch was established at
Novato to be known as Novato Bank Office.