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310 BOARD OF G O V E R N O R S * •Olft.V S-229 OF THE FEDERAL RESERVE SYSTEM WASHINGTON *s -S L * « ADDRESS OFFICIAL C O R R E S P O N D E N C E TO THE ******** October BOARD 5, I9I4-O. Dear Sir: In accordance with the provisions of letter B-1002 of July 28, I93I1, the Federal Reserve Banks now notify the Board by wire of each suspension, absorption,liquidation, or other cessation of operations of a bank. These bank closings are also included in the weekly reports of changes in"the status of banks submitted on form F,R. Ll.12 (formerly B-12), pursuant to letter B-1093 of July 25, 1935. It now appears that the information contained in the weekly reports of bank changes (form F,R. Ij.12) will suffice for the Board's purposes except in the case of (1) bank suspensions, (2) any changes affecting a State member bank, except those relating to branches in the head office city, and (3) any other changes which in the opinion of the Federal Reserve Bank should be brought promptly to the Board1 s attention* Wire advice of other changes may be discontinued, but it is emphasized that advice of the above changes in the status of State member banks should be furnished by wire, as such changes are published and it is desirable that the publications be current with the changes. Such information on bank changes as is furnished by wire should be covered briefly by an open telegram giving the salient facts. Accordingly, the code !,Supp!!, "Likk", "Vert" and "Sorb" wires requested in letter B-1002 may be discontinued effective immediately. The weekly report on form F.R. IJ.12 should include every change in the status of banks that has actually occurred and has come to the attention of the Reserve Bank, even if it has not received formal approval of the supervisory authority* Any qualifications, of which the Federal Reserve Bank has been advised, 311 8-229 - 2 — such as the lack of formal approval, should be noted in the report# The report hereafter should also include changes in the status of branches, heretofore reported on form St. 63860. A supply of revised form P.R. 1|12 is being sent to you under separate cover. Reports of branch changes on form St. 63860 may be discontinued effective immediately. Reports of changes in chain or group banking, which some Reserve Banks are still submitting on form St. 6386d, may also be discontinued, since such data are called for annually by moans of a letter addressed to the respective Reserve Banks. ' There is attached a specimen copy of the revised report form F.Re I4.12, illustrating the manner of reporting the various changes, which should be used as a guide in order that the reports from all districts may be as nearly uniform as possible. The headings in the specimen report cover the various types of changes reported in the past, but if none of them appear to cover a situation that may arise in the future the change should be reported under an appropriate heading devised for the purpose, A report should be submitted each week whether or not there are any bank or branch changes to report. Very truly yours, E, L. Smead, Chief, Division of Bank Operations. TO TEE PRESIDENTS OF ALL FEDERAL RESERVE BANKS Form F.Ri 2+12 (Revised Oct. 19lt0) S"% REPORT OF BANK AND BRANCH CHANGES Week ended Wednesday, Federal Reserve Bank of / v> ' Location Name of bank and/or branch Class of bank , 19k Date on which change became effective New banks (except successions and conversions) Robertsdale, Central Baldwin Bank \ Nonmember I-17-W 3—30-lj.O Successions and conversions Uptown National Bank of Conversion of — Uptown State Bank Chicago, Il^t-K^ National Chicago, Ill> State member J. F. Morgan & Co. Inc. Conversion of — J. P. Morgan <$• Co. New York, Nonmember Security National Bank of Succession of — The Whitesboro National Bank \ - Y. New York, A Y. X J Whitesbord> Tex. Private Whiteatioro,' Tex. National \ National II-1-W 3-30-lt.o \J Reopenings of suspended banks Chatsworth Savings Bank ChettSn(or' ih, Iowa r-x. Nonmember 2-26-lf.O nsions Blairsville Savings & Tru^t Coi.. lairdrille, Pa, \ Nonmember JU-5-ltO x \ Voluntary liqOWations (except incio&aj^to absorptions, successions, etc.) Burns Bank & Trust Co* BurnS^Tenn, Nonmember 3-23-L0 Consolidation's, absorptions, etc. Union Avenue Bank of Commerce Deposit liabilities assumed b y Commerce Trust Company Bank of Guerneville Analy Savings Bank The Sebastopol National Bank These three banks combined under charter of Analy Savings Bank and http://fraser.stlouisfed.org/ under title of Federal Reserve T3 ABank v, of St. -P Louis Q **.***** Qj, Kan^s City, Mo, Nonmember Kansas. City, Mo, State member \ Guerneville, Calif. Nonmember Sebastopol, Califs Nonmember Sebastopol, Calif. National 6-21-i >0 3-1-1>.0 Form F.R. J J . 1 2 (Revised Oct. 19-'iO) Page 2 S-229a 313 REPORT OF BANK AND BRANCH CHANGES Week ended Wednesday, Federal Reserve Bank of Location Name of bank and/or branch (\^ \ Class of bank ,191; Date on which change became effective Consolidations, absorptionsV-Wtc. (Cont'd) Farmers State Bank Absorbed by -Exchange Bank Lenora, Kead Nonmember Lenora, ^an&. Nonmember The First National Bank of Me nomi i^ee ^\Mi ch. The Lumbermen*s National Bank of Menominee, Mich, These two banks consolidated under \ charter and title of — The First National Bank of Menominee 2-2)j.-iiO National National 3-11-1 i.O Admissions of State bagS*s td Federal Reserve membership The Bank of Wadesboro Wad&sBtfro, N. C. — 3-6-h.O Withdrawals of State\jmftftc§) from Federal Reserve membership Bank of Eastman /^EBr^tmn, Gaf 9-6-38 ( ^ % ^ p g e ^ in t ^ l e or location Michigan Industrial "Rank , Title changed to — The Michigan Bank it, Mich, Lea County State Bank of Title and location changed t o — Lea County State Bank Nonmember Lovington, N. Mex. "Nonmember 2-5-I4O 6-18—38 H<jfbtis, N. Hex, ] \ ancftes established I. *1^vi\ba^ks n* Y (including converted into branches) Miami Industrial Bank Miami Beach Branch (De novo) Bank of Sonoma County Guerneville Branch (Formerly Bank of Guerneville) \Miami, Fia. Nonmember \ 1101 Lincoln Road, \ Mi ami Beach, Fla. Sebastopol, Calif, Nonmember Guerneville, Calif, 3-1-ILO 3 -1-11-0 Form F.R. Ll2 (Revised Oct. 19^0) Page 3 S-229& REPORT OF BANK AND BRANCH CHANGES 31.4 Week ended Wednesday, Federal Reserve Bank of / Class Location Name of bank and/or branch / r 0f bank ,191). Date on which change became effective Branches acquired by absorption\or JU 1<- purchase d " Sebastopol, Calif, Nonmember Bank of Sonoma County Monte Rio, Calif. Monte Rio Branch Forestvilie Branch Forestvilley^C^ili f. (Formerly branches of Bank of Guerneville and Analy Savings Bank, respectively, both of which were merged into Bank of Sonoma County) Manufacturers Trust Company Stuyvesant Square Branch (Purchased from Chase National Bank, New York, N. Y.) Plymouth Five Cent Savings Bank Court Street Branch New York,pit Y. , 230 2nd Avfenue Branches discontinued r — ; — — PlyAgithy' Mass, 318 tourt Street 3-1-iiO 3-1-UO State member 6-30-37 Mut, Savings 11-30-35 X Changes in name SQT•\ ljccation of branches Lea County State Bank /ot Lovidgton, N. Mex. Designated its brandh Hobbg^^ f x N. Mex., as the hea\ o^Kice; folMagr head office at Loving\on\ri 11 be operated as a branch American Trust Company Third-Townsend Branch renamed Third-Brannan Branch Bank of America, N. T. & S, A, Fillmore-Haight Branch moved and renamed Haight-Fillmore Branch Seattle-First National Bank Wenatchee Valley Branch moved to Nonmember San Francisco,Calif, State member 601 Third Street \ X \ B^me address :; \San Francisco,Calif, National /^j-6 Haight Street 6-18-38 l-2l.i-38 L.-30-38 z U98 Haight Street Seattle, Wash, National 2 South Wenatchee Ave., Wenatchee, Wash, 36 South Wenatchee Ave, 3-27-I1O