Full text of K.3 Changes in State Member Banks : October 15, 1960

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,3^1

ANNOUNCEMENT BY

K,3
No. 39

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
L'
For the week ended October 15, I960
:
CHANGES IN STATE BATIK MEMBERSHIP

District

Date effective
Voluntary Withdrawals

7

11

Chicago City Bank and Trust Company, Chicago,
Illinois

10-10-60

Union State Bank, Carrizo Springs, Texas.

10-13-60

Absorption and Establishment of Branches
2

Commercial Trust Company of New Jersey, Jersey
City, New Jersey, a State member, absorbed
Weehawken Trust Company, Union City, New
Jersey, an insured nonmember, The former
main office and branch of the absorbed bank
will be operated as branches by the continuing
bank.

10-10-60

Change in Location
Garfield Commercial & Savings Bank, East Los
Angeles, California, has changed its address
to Montebello, California. This change is
due to the annexation of this area to the
city of Montebello and does not represent .
any change in the actual location.

9- 1-60

Establishment of State Member Branches
Valley Bank and Trust Company, Springfield,
Massachusetts, established a branch at
Westfield, Massachusetts.

9-12-60

Wellesley Trust Company, Wellesley Hills,
Macsachusetts, established a branch at
Wellesley, Massachusetts.

9-20-60

The Bank of Georgia, Atlanta^ Georgia,
established a branch at 2265 Cascade Road,
S.W., to be known as Cascade Office.
-

10- 7-60




34V

K,3
Ho. 39

-2I

District

Date effective
Establishrngnt of State Member Branches (Cont'd)

12

Pacific State Bank, Hawthorne, California,
established a branch at Palos Verdes
Estates, California, to be known as
Peninsula Center Branch=

10-10-60

Board Action on Applications to fierce or Consolidate
Pursuant to the Provisions of Section 1 8 ( c )
of the Federal Deposit Insurance Act, as
amended by the Act of May 13, 19o0
District
6

Date of Action
Deposit Guaranty Bank & Trust Company,
Jackson, Mississippi, for permission to
merge with Bank of Hazlehurst, Hczlehurst,
Mississippi, under charter and title of
Deposit Guaranty Bank & Trust Company, and
for permission to establish a branch at the
present location of Bank of Hazlehurst. Disapproved.

No Developments in Other Categories
Covered by this Release




10-12-60