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K.3
No, 33

ANNOUNCEMENT BY
BOARD OF GOVERNORS OF TIE FEDERAL RESERVE SYSTEM
"For the week ending September

K

1953

CHANGES IN STATE BMK MEMBERSHIP
Date e f f e c t i v e
Absorption and Establishment of Branch
Manufacturers Trust Company, New York, New
York, a S t a t e member, has absorbed Peoples
I n d u s t r i a l Bank, New York, New York, an
i n s u r e d nonmember. A branch was e s t a b l i s h e d
i n t h e former l o c a t i o n of Peoples I n d u s t r i a l
Bank.

9-8-53

Establishment of Branch
2

Kingston Trust Company, Kingston, New York,
a S t a t e member, has e s t a b l i s h e d a branch
a t Phoenicia, New York, t o be known as
Phoenicia Branch.




9-li-53