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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