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% ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM K.3 ^ No. 36 For the week ended September l$6l CHANGES IN STATE BANK MEMBERSHIP District Date effective Voluntary Withdrawal 3 Webster Groves Trust Company, Webster Groves, Missouri. 2 State Bank of Albany, Albany, New York, a State member, and The Fort Plain National Bank, Fort Plain, New York, merged under the charter and title of State Bank of Albany. A branch was established in the former location of The Fort Plain National Bank. 9-26-61 Merger and Establishment of Branches 9-25-61 z-—' Establishment of State Member Branches 2 The Chase Manhattan Bank, New York, New York, establishcd a branch at 22 Grace Avenue, Great Neck Plaza, New York. 9-30-61 2 Manufacturers Hanover Trust Company, New York, New York, established a branch at 685 Third Avenue, New York, New York. 9-25-61 3 The First Pennsylvania Banking and Trust Company, Philadelphia, Pennsylvania, established a branch at 202 West Ridge Pike, Plymouth Township, Pennsylvania. 9-29-61 5 The Vienna Trust Company, Vienna, Virginia, established a branch at the intersection of Routes 193 and 68l, Great Falls, Virginia, to be known as Great Falls Office. 9-23-61 7 Bank of Reynolds, Reynolds, Indiana, established a branch in Chalmers, Indiana. 9-18-61 Twin Falls Bank & Trust Company, -Twin Falls, Idaho, established a branch at 1325 Filer Avenue East, Twin Falls, Idaho, to be known as Blue Lakes Branch. 9-25-61 12 { K.3 No. 36 -2- District Bate effective CHANGES IN OVERSEAS BRANCHES OF AMERICAN BANKS AND BAKKIKG CORPORATIONS The First National City Bank of New York opened a branch in the Rio Piedras section of San Juan, Puerto Rico, located at 1101 Munoz Rivera Avenue. 9-25-61 BOARD ACTION ON APPLICATIONS TO MERGE OR CONSOLIDATE PURSUANT TO THE PROVISIONS OF SECTION 18(c) OF THE FEDERAL DEPOSIT INSURANCE ACT Date of Action 7 12 Earners State Bank of Alto, Alto, Michigan, for permission to consolidate with The Edwin Nash State Bank, Clarksville, Michigan, under the charter and title of Farmers State Bank of Alto, and for permission to operate a "branch at the present location of The Edwin Nash State Bank. Approved. 9-26-61 United California Bank, Los Angeles, California, for 9-26-61 permission to merge with The Southwest Bank, Inglewocd, California, under the charter and title of Unitad California Bank, and for permission to operate "branches at the present offices of The Southwest Bank. Disapproved. No Changes In Other Categories Covered by This Release