Full text of K.3 Changes in State Member Banks : October 18, 1958
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AMOUNCEMENT BY ; OF :;:h • •/;; fj p g; jryjrj BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM For t h e week ending October 18, 1958 K.3 No. 34 Changes i n S t a t e Bank Membership District . Date e f f e c t i v e Admitted t o Membership 5 The d r y l a n d S t a t e Bank of Montgomery County, G a i t h e r s b u r g , Maryland, 10-15-58 7 The Southgate Bank, Southgate, Michigan. 10-16-58 Voluntary Withdrawal 11 River Oaks S t a t e Bank, Houston, Texas, 10-14-5# Merger and Establishment of Branches 2 Federal Trust Company, Newark, New J e r s e y , a S t a t e menber, and The National S t a t e Bank of Newark, Newark, New J e r s e y , merged under c h a r t e r and t i t l e of t h e l a t t e r bank. The former head o f f i c e and branches of Federal Trust Company w i l l be operated as branches by t h e continuing bank. 10-14-58 Change i n T i t l e 2 Bank of P a s s a i c and Trust Company, Clifton,New J e r s e y , 10-8-58 a S t a t e member, has changed i t s t i t l e t o Bank of P a s s a i c and C l i f t o n , 2 Boonton Trust Company, Bconton, New J e r s e y , e s t a b l i s h e d a branch i n the Borough of Lincoln Park, New J e r s e y , t o be known as Lincoln Park O f f i c e , 10-10-58 7 Zeeland State Bank, Zeeland, Michigan established a branch at Allendale, Michigan, 10-16-58 Establishment of S t a t e Member Branches NATIONAL BANKS GRANTED ONE OR MORE TRUST POWERS UNDER SECTION 11 ( k ) , FEDERAL RESERVE ACT 7 F i r s t National Bank of N i l e s , N i l e s , Michigan, 10-14-58 8 Helena National Bank, Helena, Arkansas, 10-14-58