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WILSON D McELHINNY
Chairman and President
Dear Customers and Friends of National Central Bank,
In early February 1980, we will have a new name. National Central Bank will be Hamilton Bank.
On January 22nd, the decision was made to withdraw the bank from the Federal Reserve System
and operate it as a state-chartered bank. As such, we can no longer use the word “national in
our name.
For a number of years, the National Central management has asked that Federal Reserve
member and non-member banks be treated as equals with respect to the forms in which they
are permitted to maintain their reserves against deposits Although Congress has considered
various proposals for easing the burden of Federal Reserve membership, no actual changes
have been forthcoming
As Hamilton Bank, we will continue to be a member of the Federal Deposit Insurance
Corporation (F D.I.C ) and all deposits will be insured exactly as they are now You will be
able to use National Central checks and other forms, and you will find the same helpful,
friendly staff at each office
The only change will be our name, and that’s a change you helped us make. To find a new name,
we conducted a research study in the six counties we serve, and Hamilton Bank was the clear
favorite
So in early February, National Central Bank will be Hamilton Bank, and under that new name
we’ll go on working as hard as we can to give you more for your money, more for you
Sincerely,
J. ///tfjcumi
Wilson D. McElhmny /
M|R|
CENTRAL BANK
NATIONAL CENTRAL BANK
100 North Queen Street
Post Office Box 3959
I ancaster, Pennsylvania 17604