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AMOUNCEMENT BY

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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