The Federal Reserve Act provides that state bank members shall retain their statutory state right after becoming a member of the Federal Reserve System, and the reserve requirements of member banks are governed-after they become such members-by the Federal Reserve Act, rather than the provisions of the state banking law. The Federal Reserve Act provides that the Federal Reserve Board may accept in lieu of their own examinations of member state banks, the examinations made by the respective state departments having supervision over them. The examinations of this department have been accepted without question by the Federal Reserve Board. State Savings Bank. First State Bank.... Farmers and Merchants State Bank. Pinney State Bank... Cass County State Bank. Eaton County Savings Bank Farmers and Merchants Bank.. Kempf Commercial and Savings Bank. Commercial State Bank. Peoples Savings Bank.. State Bank of Croswell. First State Savings Bank. American State Bank. Bank of Detroit... Central Savings Bank. Commercial State Savings Bank. Detroit Savings Bank.. Dime Savings Bank. First State Bank of Detroit. Commercial State Savings Bank. .Adrian ..Adrian ..Adrian Albion .Albion ..Alpena .Ann Arbor .Ann Arbor .Armada .Benton Harbor .Blanchard ...Blissfield .Britton .Caledonia . Caro Carsonville . Carson City . Cass City . Cassopolis Charlotte Chelsea ..Chelsea ...Coloma .Constantine Coopersville ..Detroit .Detroit Detroit .Detroit .Detroit .Detroit .Detroit .Detroit .Detroit .Detroit .Detroit .Dearborn Eaton Rapids .Farmington .Fenton Old State Bank... Citizens Commercial and Savings Bank. Genesee County Savings Bank.... Industrial Savings Bank.. Union Trust and Savings Bank. Bank of Fountain.. Old State Bank of Fremont. Gwinn State Savings Bank. First State and Savings Bank. Merchant and Miners Bank. Jackson State Savings Bank. Lake Odessa State Savings Bank. Commercial State Savings Bank. Farmers and Merchants State Bank. Macomb County Savings Bank. City State Bank.... Peoples Bank Union Savings Bank.. Manistee County Savings Bank. G. W. Jones Exchange Bank. First State and Savings Bank. Chemical State Savings Bank. Farmers State Bank. Wakefield State Bank. Ullrich Savings Bank. Isabella County State Bank. Exchange Savings Bank.... Fennville Flint Flint Flint ...Flint .Flushing .Fountain Frankenmuth . Fremont ..Fremont .Gladstone .Grand Haven ..Grand Haven .Grand Rapids ..Grand Rapids .Grand Rapids Grand Rapids Greenville .Gwinn .Hart .Highland Park .Holland Iron Mountain Ironwood ...Jackson ..Jackson .Jonesville Lake Odessa .Lansing .Lapeer Lakeview Lakeview Laurium .Lenox Ludington ..Lowell Manchester Manchester .Manistee Manistique . Marysville .Milford .Milford .Monroe .Montague Morenci Mt. Clemens Mt. Pleasant Mt. Pleasant Nashville .New Haven ...Niles .Northville . Onsted .Paw Paw .Petersburg .Petoskey Pinconning Pontiac .Pontiac .Port Huron Sault Ste. Marie Spring Lake .Tecumseh Traverse City .Vicksburg Washington Wayne Williamston . Williamston THE E. JOSSMAN STATE BANK, CLARKSTON. Elmer E. Webster, receiver, under date of December 31, 1922, reports as follows: Total assets at date of and received since suspension.. Amount collected by receiver to date $188,846.95 159,472.47 THE FIRST STATE SAVINGS BANK, MARCELLUS. J. N. Bilderback, receiver, under date of December 31, 1922, reports as follows: The following table is a condensed abstract of seventeen closed and two active receiverships since the organization of this Department in 1889: Capital stock at date of failure... |