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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM For the veek ended September 5, 1959 K.3 No. 28 CHAISES IN STATE BANK MEMBERSHIP District Date effective Voluntary Withdrawal 9 Security Bank, Madison, South Dakota. 9-2-59 2 The Long Branch Banking Company, Long Branch, New Jersey, a State member, and The Freehold Trust Company, Freehold, New Jersey, an insured nonmember, merged under charter of The Freehold Trust Company and new title The Central Jersey Bank and Trust Company. A branch was established . in the former location of The Long Branch Banking Company. 9-1-59 2 The Citizens Bank of Arcade, Arcade, New York, a , State member, and State Bank of Rushford, Rushford, New York, an insured nonmember, merged under charter of The Citizens Bank of Arcade and new title The Citizens Central Bank. A branch was established in the former location of State Bank of Rushford. 9-1-59 6 Peoples Bank of North Miami Beach, North Miami Beach, Florida, a State member, has converted into a national bank under the title of Peoples National Bank of North Miami Beach. 9-1-59 7 The Romeo Savings Bank, Romeo, Michigan, a State member, and Community National Bank of Pontiac, Pontiac, Michigan, merged under the charter and title of Community National Bank of Pontiac. A branch was established in the former location of The Romeo Savings Bank. 9-1-59 Mergers, Conversion and Establishment of Branches 27) K.3 No. 28 Date effective Establishment of State Member Branches Federation Bank and Trust Company, New York, New York, established a branch at 168-48 Hillside Avenue, Jamaica, New York. 8-31-59 Lincoln Rochester Trust Company, Rochester, New York, established a branch at 65 Fitzhugh Street North, to be known as Inner Loop Office. 8-17-59 Ypsilanti Savings Bank, Ypsilanti, Michigan, established a branch at Ypsilanti Township, Michigan. 8-31-59