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K.3
No. 30
B
Y
BOARD OF G07ERT0RS OF THL FED^J.L P5SFB/E SYSTEM
For t h e week ending Geooember 8, 1956
C A "3FS IK STATE B/NK M33'J5KIP
HN
Date e f f e c t i v e

District
Mergers, Consolidation, and Establishment
of Branches
2

Franklin Washington Trust Company, T'ewark, New J e r s e y ,
a S t a t e member, merged with The National Newark and
Essex Banking Company, Newark, New J e r s e y , under t h e
c h a r t e r ^nd t i t l e of t h e l a t t e r . The former head
o f f i c e and branches of Franklin Washington T r u s t
Company, Newark, w i l l be o p e r a t e d as branches by t h e
continuing bank.

9-li-56

2

University Bank, A l f r e d , Mew York, a S t a t e member, cons o l i d a t e d with The C i t i z e n s National Bank, V J e l l s v i l l e ,
New York, under c h a r t e r and t i t l e of t h e l a t t e r . A
branch was e s t a b l i s h e d i n the former l o c a t i o n of t h e
U n i v e r s i t y Bank.

9-U-56

7

The D e t r o i t Bank, D e t r o i t , Michigan, a S t a t e member, The
Birmingham National Bank, Birmingham, Michigan, D e t r o i t
Ivabeek Bank and Trust Company, D e t r o i t , Michigan, an
insured nonmemoeq and Feradale National Bank, Ferndale,
Michigan, merged under c h a r t e r of The D e t r o i t Bank and
new t i t l e The D e t r o i t Bank end T r u s t Company. The
former main o f f i c e s of t h e t h r e e discontinued banks and
t h e i r seven branches w i l l be operated as branches by
t h e continuing bank.

9-1-56

2

Mechanics and Farmers Bank, Albany, New York,
e s t a b l i s h e d a branch a t 1082-8b Madison Avenue.

8-18-56

h

The S i l v e r t o n Bank, S i l v e r t o n , Ohio, e s t a b l i s h e d a
branch a t Montgomery, Ohio, to be known as Montgomery Branch.

9-U-56

L o u i s v i l l e Trust Company, L o u i s v i l l e , Kentucky,
e s t a b l i s h e d a branch a t 2h50 Bardstown Road.

9-6-56

Establishment of S t a t e Member Branches

8




K.3
No. 30
— 2

—
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District

Date e f f e c t i v e
NATIONAL BA K GRANTED ONE OR MORE TRUST POWERS.
.N
UNDER SECTION l l ( k ) , FEDERAL RESERVE A T
C

7

The Peoples N a t i o n a l Bank of Lssrenceburg,
Lawrencebuig, I n d i a n a .




1

9-6-56


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102