The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
END
KIND OF MATERIAL OR NUMBER
S H E E T
470.01
* t*
Mf
NAME OR SUBJECT
. Licensed Banks
Banking Holiday
DATES (Inclusive)
PART NUMBER
Part 3
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a s s if i e d
A u th o rity a
lo < r n l
' /fice Correspor^ence
/
Federal Keserve Board_________
bate__June_29>_1914____
Subject:
licensed during the week
____ended June 20 and ether changes..
rom.___M r. Van Fossen
SCO
I / fr
o
k
k
k
i
-
B h c k ..
to m ’m
Yi
^
Sy:a
:n?K
t.
^ r
*
■»
*
‘; >
For the Board1s information, there are attached
Hereto statements showing the-'following information as reported
ln
;
for the week ended June 20, 1934-i
r. 17:;
r p.-
(1)
Member banks licensed to conduct normal
banking operations
(2)
Nonmember banks authorized to conduct
normal banking operations
(unrestricted basis)
(3)
Non-licensed banks placed in liquidation
or receivership, etc.
S?;c
ia5
r4
)
16—852
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a s s if i e d
Authority. e . n .
K
^ ial
^
MEMBER BANKS LICENSED BI THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
t
Changes reported during week ended June 20, 1934
Date of Change
I
1
... .0.924)
ADDITIONS
Existing Member Banks
* t*-
Conneaut Mutual Loan & Trust #b.
(Placed in liquidation or receivership
5-1-34$ reopened 6-18-34)
Conneaut, Ohio
June 18
New Member Banks
First National Bank in Fort Myers
Fort Myers, Fla.
(Succeeded First National Bank of
Fort Myers)
First National Bank in Way cross
Waycross, Ga.
(Succeeded First National Bank* of Waycross)
♦Merchants Trust & Savings Company
Muncie, Ind.
First National Bank in Lamar
Lamar, Mo.
(Succeeded First National Bank of Lamar)
City National Bank in David City
David City, Nebr.
(Succeeded City National Bank of David City)
*StapLehurst Bank
Staplehurst, Nebr.
**Ci£y Bank Farmers Trust Company
New York, N. Y.
Citizens Bank
Madison, Ohio
(Primary organization)
♦Farmers Bank & Trust Company
Lancaster, Pa.
Northwestern National Bank
Philadelphia, pa*
(Succeeded Northwestern National Bank
& Trust Company)
First National Bank in Dalhart
Dalhart, Texas
(Succeeded First National Bank of Dalhart
and Midway Bank & Trust Co., Dalhart, Non.)
Citizens National Bank
Berkeley Springs, W. Va.
(Succeeded Bank of Morgan County and
Bank of Berkeley Springs, Nonmembers)
First National Bank at Neillsville
Neillsville, Wis.
(Succeeded First National Bank)
June 15
June 14
June 18
June 15
June 15
June 20
June 15
June 16
June 16
June 16
June 19
June 18
June 19
OTHER CHANGES
First National Bank
(Absorbed t y First National Bank of
t
Seattle)
♦Admitted to membership during week.
Shelton, Wash.
June 16
_____
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c la s s ifie d
Aut or t
h iy
tcs'oi
iDENTIAL
NONMEMBER BANKS
AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended June 20, 1934
Date of Change
(1934)
ADDITIONS
Existing Banks
Crestwood, Ky.
June 2
Alton, Iowa
Carpenter, Iowa
C a sc a d e . I<
CrestwoocfiBtate Bank
(Suspended 3-2-33;
reopened 6-2-34)
Alton Savings Bank
Carpenter Savings Bank
^ascade State Bank
Peoples, Savings Bank
Mt. Auburn Savings Bank
State Bank of Prairie City
Algonac Savings Bank
Elizabeth Trust Company
Loan & Exchange Bank
Bank of Cambria
farmers & Merchants Bank
June
June
June
June
June
June
June
June
June
June
June
15
20
20
16
20
16
16
18
14
19
18
New Banks
Citizens Baak
(Succeeded Bank of Hartselle)
South Berwick Trust Company
(Primary organization)
Brown Bros. Harriman & Co.
(Primary organization)
Heidelbach, Ickelheimer & Co.
(Primary organization)
Huth & Company
(Primary organization)
A. Iselin & Company
(Primary organization)
Laidlaw & Company
Hartselle, Ala.
June 15
South Berwick, Maine
June 18
New York, N. Y.
June 15
N. Y.
June 15
New York, N. Y.
June 15
New York, N. Y.
June 15
New York, N. Y #
June 15
New York, N # Y.
June 15
New York, N. Y.
June 15
Jeannette, Pa.
June 16
New York,
(Primary organization)
J. P. Morgan & Company
(Primary organization)
Robert Winthrop & C o m p a n y
(Primary organization)
First Jeannette Bank & Trust Co.
(Succeeded First Bank & Trust Co.)
OTHER CHANGES*
First State Bank
Swink, Colo.
(Suspended)
Bank of Severance
Severance, Kans.
(Suspended)
Farmers State Bank
Bertha, Minn.
(Title & location changed to Perham State Bank, Perham)
June 20
June 20
Not available
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a s s if i e d
Authority £ n
, o frm
'y .
'V '
NONM BER BANKS AUTHORIZED TO CONDUCT NORM BANKING OPERATIONS
EM
AL
(UNRESTRICTED BASIS)
Changes reported during week ended June 20. 193A
/
Date of Change
£1934)
OTHER CHANGES*
McKittrick Bank
(Placed on a restricted baa§is)
Farmers Savings Bank
(Placed on a restricted basis)
Farmers State Bank
(Bank moved to Crosby)
First State Bask
(Title & location changed to
Bank of Reeder, Reeder)
Douglas State Bank
(Title & location changed to Bank
of Marshall, Marshall)
Gaston State Bank
(Title & location changed to First
Security Bank, Beaverton)
Planters Bank
(Suspended)
(CONTINUED)
McKittrick, Mo.
June 15
Rhineland, Mo.
June 11
Ambrose, N. D.
June 4
Gascoyne,
June 11
D.
Douglas, Okla.
June IS
Gaston, Ore.
June 16
Keysville, Va.
June 18
*Does not include nonmember banks admitted to membership in the Federal
Reserve System, which banks appear on the list covering licensed member banks.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority g p . tO S 'n )
T""
.^IDENTIAL
NON-LI CENSED BANKS PLACED IN LIQUIDATION OR RECEIVERSHIP*
As reported during week ended June 20, j m
/
Date of Change
(94
13)
Member Banks
First NatfSbal Bank
First National Bank
First National Bank
^
First National Bank
First National Bank
Farmers & Merchants National Bank
Jacksonville, Ala,
La Junta, Colo,
Elton, La,
Sea Bright, N. j.
Secaucus, N« I,
Venus, Texas
March 6
June 18
May 2
June 18
June 18
June 19
Nonmember Banks
Peoples' Bank
Millersburg Savings Bank
Union Savings Bank
Van Cleve Savings Bank
(Deposit liability assumed f y
c
Melbourne Savings Bank, Melbourne)
Bank of Beaverton
(Absorbed by First Security Bank,
Beaverton)
Cassville Bank
Jolley, Iowa
Millersburg, Iowa
Toeterville, Iowa
Van Cleve, Iowa
June
June
Jpne
June
20
9
16
18
Beaverton, Ore,
June 16
Cassville, Wis,
June 1 4
Correction:
First National B ank, Madera, California.
(Shomi in report for week ended June 13 as placed in receivership June 11*
The receiver's appointment was revoked as of date of issuance and bank was
placed in conservatorship again*)
^Includes banks absorbed or succeeded by other banks
Reproduced from the Unclassified I Declassified Holdings of the National Archives
declassified
Authority Jz.n. io r \
.< n
Federal Reserve
district and
State
Number of banks
Total
Licensed Not licensed
District No. 1
Connecticut
Maine
MassachuseiJtjj
New Hampshire
Rhode Island
Vermont
Total
49
27
49
13
9
33
180
173
District No. 2
Connecticut
New Jersey
New York
Total
19
84
211
314
19
75
211
305
District No. 3
Delaware
New Jersey
Pennsylvania
Total
27
30
203
260
bistrict No. 4
Kentucky
Ohio
‘ Pennsylvania
West Virginia
Total
Deposits on December 30, 1933, or
nearest available prior call date.
Total
1 Licensed
|Not licensed
(Thousands of dol!Lars)
90,150
51,839
132,786
19,299
81,838
61.831
437,743
90,150
37,242
130,057
19,299
81,838
57,428
416,014
— .
14,597
2,729
—
—
4,403
21,729
9
65,439
261,819
640,766
968,024
65,439
243,600
640.766
949,805
18,219
—
18,219
27
29
194
250
—»
1
9
10
40,153
76,005
288,500
404,658
40,153
75,866
274,233
390,252
—
139
14,267 ....
14,406
119
402
115
16
652
119
369
113
16
617
33
2
—
35
47,557
262,544
208,404
11.219
529,724
47,557
222,288
205,447
11.219
486,511
40,256
2,957
—
43,213
District No. 5
Dist. of Columbia
Maryland
North Carolina
South Carolina
Virginia
West Virginia
Total
11
115
169
111
170
72
648
10
110
161
104
170
67
622
39,922
117,647
81,322
41,749
82,868
35*294
399,492
39,298
115,273
80,750
40,655
82,868
34,054
392,898
624
2,374
562
1,094
—
1,940
6,594
District No* 6
Alabama
Florida
Georgia
Louisiana
Mississippi
Tennessee
Total
132
99
199
60
80
156
726
128
94
198
59
80
156
715
23,116
30,554
44,784
32,258
32,794
43,086 _
206,592
1,473
1,289
188
108
—
11
24,589
31,843
44,972
32,366
32,794
43,086
209,650
district No. 7
Illinois
Indiana
Iowa
Michigan
■^Wisconsin
Total
357
333
530
312
418
1,950
357
305
458
230
380
1,730
28
72
82
38
220
140,019
172,897
175,972
211,418
203.722
904,028
140,019
156,504
154,458
177,482
184.638
813,101
—
16,393
21,514
33,936
19,084
90,927
District No. 8
Arkansas
Illinois
Indiana
Kentucky
Mississippi
Missouri
Tennessee
Total
180
175
91
209
107
469
99
1,330
167
175
83
209
105
411
- .97
1,247
29,990
48,193
32,199
59,585
39,334
107,972
_ _ 21,432
338,705
28,918
48,193
30,112
59,585
38,958
98,348
20.815
324,929
1,072
49
24
47
3
2
—
13
.J
2
7
^
9
_
1
5
8
7
—
5
26
4
5
1
1
13
—
8
—
2
58
2
83
_
—
—
3,058
2,087
——
376
9,624
617
13,776
.
.
.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority_g t Q \ fQ ^ p )
^
NONMMBER BANKS Qx^JR
Federal Reserve
district and
State
.AN MO* oL SAVINGS BANKS, Jc..
.-
Number of banks
Total
’
!
Licensed
Not licensed
21
457
61
144
125
112
920
18
457
57
139
125
91
?!?
3
—
4
5
District No. 10
Colorado
Kansas
Missouri
Nebraska
New Mexico
Oklahomar
looming
Total
, 83
543
14.6
319
10
194
29
1,324
75
542
142
289
10
188
29
1,275
District No. 11
Arizona
Louisiana
< New Mexico
,
Oklahoma
Texas
Total
2
59
6
9
. 410
486
2
57
6
9
4Q5
479
District No. 12
Arizona
California
Idaho
Nevada
Oregon
Utah
Washington
Total
3
125
30
7
51
28
.. 105
.
349
Total —
United States
9,139
District No, 9
Michigan
Minnesota
Montana
North Dakota
South Dakolfr
Wisconsin
Total
21
33
8
1
4
30
—
6
■— .
49
> 1934
Deposits on December 30, 1933, or
nearest available prior call date.
Total
1 Licensed [Not licensed
(Thousands of dollars)
7,998
8,873
110,554
110,554
12,786
12,365
14,420
13,842
18,327
18,327
37,788 _ 32,901
_
202,748
195,987
884
70
785
3,192
—
1,851
15,741
104,371
41,446
46,543
2,863
33,821
9,764
254,549
5
7
4,776
19,479
1,516
1,392
96.271
123,434
4,776
19,290
1,516
1,392
95,136
122,110
3
119
30
5
44
28
101
330
6
—
2
7
—
4
19
-5,785
353,654
11,352
3,347
18,603
19,079
. _ 24,713
436,533
5,785
348,889
11,352
2,986
17,032
19;079
. 23,965
429,088
—
4,765
8,630
509
5,216,070
4,981,836
234,234
2
—
.
.
upon the April 12, 1933 list of banks aad supplements and
1932 deposit figures*
FEDERAL RESERVE BOARD
DIVISION OF BANK OPERATIONS
JULY 16, 1934-
4,887
6,761
16,625
104,441
42,231
49,735
2,863
35,672
9,764
261,331
biased
875
—
421
578
6,782
189
— .
—
..... 1,135 ..
1,324
361
1,571
748
7,445
Decenber 31,
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
A t o i y_g . . tos'n)
uhrt ' o
stfd.Oi
|
3^
nrTUAL SAVINGS BANKS, JUNE 27,
,,
Connecticut
Maine
Massachusetts
Sew Hampshire
Rhode Island
Vermont
Total
Number of banks
Total 1 Licensed INot licensed
59
31
193
50
9
...r.... 19„.......................
361
59
33
193
50
9
- 19
363
!t1 Si 1
o
Federal Reserve
district and
State*
a
Deposits on December 30, 1933, or
nearest available prior call date.
Hot licensed
Total
1 Licensed
(Thousands of dollars)
508,131
508,131
U 6 f583
114,914
2,024,737 2,024,737
176,284
176,284
168,973
168,973
77,56077,560
3,072,268 3,070,599
1,669
1,669
* -c*
Bistriot Ko.2
Connecticut
Hew Jers«jy
Hew York
Total
14
,22
138
174
14
22
338
174
BlStrict No. 3
Delaware Hew Jersey
Pennsylvania
Total
2
3
8
13
2
3
8
13
District Ho. 4
Ohio
Pennsylvania
Total
1
4
ilMAIoiJ
Maryland
Total
3
141,772
292,485
5*066*040
5,500,297
28,040
13,521
466*139 _
507,700
3
. X .....
.
4
141,772
292,485
5,066,040
5,500,297
28,040
13,521
466,139
507,700
108,622
108,622
____45,646
154,2o8
154,268
—
—
—•
—
—
............. M,..646
—
11
11
1
1
186.419
186,419
MM*
11,920
2.024
13,944
...........a.o&i
1
4
2
6
District Ho. 8
Tndl a i
yA
Total
1
1
1
1
6.212
6,212
6.212
6,212
^SM£lJ2n,.2.
Minnesota
Wisconsin
Total
1
1
2
l
1
2
57,900
187
58,087
57,900
187
58,087
88,201
38
.. 45.390
.
.
133,629
—
38,201
.......2?...........
12
185.340 .... 1.079
185,340
1,079
District No* 6
HONE
MiMskJ*JL
Indiana
Wisconsin
Total
4
...........
—
—
.........................
—
11,920
13,944
—
—
District No. 10
B O O
District No* 11
NONE
District Ho* 12
California
Oregon
Washinetcm
Total
^ total —
Onltied States
1
1
..........1 ........... .
4
579
—
38
45,390
133,629
••
—
576
3
9,632,824 9,630,076
2,748
•States which have no mutual savings banks are not shown*
FEDERAL RESERVE BOARD
DIVISION OF BANK OPERATIONS
AUGUST 8, 1934
1
1
2
4
..
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a s s if i e d
Authority J £ . o . i c s r n
Office Correspondence “
F o rm N o. 13 1
FEDERAL RESERVE
To_____ Federal Reserve Board________
From
M r. Sinead____________________
~T
•
(1)
Member banks licensed to conduct normal
banking operations
(2)
Nonmember banks authorized to conduct
normal banking operations
(unrestricted basis)
/
(3)
/
-
■
'
Subject:_ Banks licensed during the i
_
I________________ __________________
_ended Ju n e 1^ and other"cFange s .
statements showing the following information as reported for the
week ended June 13, 1934-s
^
pate___ June 25 > 193A
For the B*®.rd!s information, there are attached hereto
/
/
Non-licensed banks placed in liquidation
or receivership, etc.
Keproduced from the Unclassified / Declassified Holdings of the National Archives
MME B N S L E SE B T E SE R T R O T E T E SU Y
E B R A K IC N D Y H C E A Y F H R A R
T C N U T N R A B N IN O E A IO S
O O D C O ML A K G P R T N
Changes reiaorted during week ended June 13, 1934
Date of Change
(1 9 3 4 .
)
A D IO S
D IT N
Existing M btfc Banks
em
Commercial Savings Bank
Pigeon State Bank
First National Bank
Citizens National Bank
Albion, Mich.
Pigeon, Mich*
Stockport, Ohio
N Market, Va.
ew
June
June
June
June
14
14
1
8
N M ber Banks
ew em
Georgiana, Ala*
♦Citizens- Bank
Security National Bank
Battle Creek, Mich.
(Succeeded Old-Merchants National
Bank &Trust Com
pany)
Ionia, Mich*
Ionia County National Bank
(Succeeded National Bank of Ionia)
Tuckahoe, N J*
*
First National Bank
(Succeeded Tuckahoe National Bank)
Arcanum, Ohio
Arcanum National Bank
(Succeeded First-Farmers National Bank)
Mingo Junction, Ohio
Mingo National Bank
(Succeeded First National Bank)
Mount Healthy, Ohio
Mount Healthy National Bank
(Succeeded First National Bank)
Girard, Pa*
Girard National Bank
(Succeeded National Bank of Girard)
Williamsburg, Pa*
First National Bank
(Succeeded The First National Bank)
Farmers & Merchants National Bank in
Onley, Va*
Onley
(Succeeded Fanners & Merchants National
Bank of Onley)
Vancouver, W
ash*
Vancouver National Bank
(Succeeded The Vancouver National Bank)
Darlington, Wis*
First National Bank at Darlington
(Succeeded First National Bank)
OHR C A G S
T E HN E
City National Bank
(Absorbed by First National Bank)
♦Admitted to membership during week
Childress, Texas
June 8
June 9
June 9
June 12
June 12
June 8
June 13
June 13
June 7
June 11
June 11
June 8
June U
Reproduced from the Unclassified / Declassified Holdings of the National Archives
declassified
Authority
jEmiAL
N N E B R B N S A T O IZ D T C N U T N R A B N IN O E A IO S
O MME A K U H R E O O D C O ML A K G P R T N
(U R ST IC E BASIS)
NE R T D
Changes reported during week ended June
13% 193A
A D IO S
D IT N
Date of Change
- -(1934)
Existing Banfr^
West Side Bank
(Suspended 8-30-33;
reopened 6-1-34)
F irst Citizens State Bank
State Bank of Syracuse
First Nashua State Bank
Nevinville Savings Bank
Loan & Deposit State Bank
Litchfield State Savings Bank
Cuba Oity State Bank
State Bank of Marathon City
Bridgeport, Conn,
June 1
Monroeville, Ind.
Syracuse, Ind.
Nashua, Iowa
Nevinville, Iowa
Grand Ledge, Mich.
Litchfield, Mich.
Cuba City, Wis.
Marathon City, Wis,
June 7
June 9
M 31
ay
June 13
June 11
June 11
June 7
June 9
N Banks
ew
Security Bank
Branson, M
o.
(Primary organization)
Mechanics Savings Bank
Elmira, IK. Y.
(Succeeded Mechanics Savings Society,
not a bank)
Bank of Ohio Valley
Pittsburgh, Pa.
(Succeeded Ohio Valley Bank)
Hale County State Bank
FLainview, Texas
(Primary organization)
June 11
April 24
June 7
June 7
O
TEgj C A G S*
HN E
First State Bank
(Absorbed by First State Bank,
Cheyenne)
Orangeburg Cash Depository
(Absorbed by Southern National Bank)
Spartanburg Cash Depository
(Absorbed by Citizens & Southern Bank
of South Carolina, Charleston)
Bank of St. Croix Falls
(Suspended)
Reyden, Okla.
June 6
Orangeburg, S. C.
M 7
ay
Spartanburg, S. C.
M 31
ay
St. Croix Falls, Wis.
June 9
*Does not include nonmember banks admitted to membership in the Federal
Reserve System, which banks appear on the list covering licensed member
banks.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
declassified
A th r y - Z j i u c g Q i
u o it
mia
l
N N IC N D B N S P A E IN L U A IO O KE VE SH
O -L E SE A K L C D
IQ ID T N R CM R IP*
As reported during week ended June 13. 1934.
Date of Change
________a m
) ________
M ber Banks
em
First National Bank
Madera, Calif.
June 11
N em Banks
onm ber
Lexington, Mich.
Lexington State Bank
Lincoln, Mich.
Lincoln State Bank
Maple Rapids, Mich,
First State Bank
Moline, Mich.
Moline State Bank
Lorain, Ohio
City Bank Com
pany
Fort Worth, Texas
American Bank &Trust Com
pany
D Forest State Bank
e
D Forest, Wis.
e
Patch Grove, Wis.
State Bank of Patch Grove
(Part of assets absorbed ty
Bloomington State Bank, Bloomington)
^Includes basks absorbed or succeeded ty other banks.
June 12
June 12
June 12
June 12
June 13
M 12
ay
June 12
May 11
Reproduced from the Unclassified I Declassified Holdings of the National Archives
~
d e c l a s sif ie d
Authority e . n . iG < T n )
,/
r T/
n\'/
o
June 25, 1934
Hr, I!*. G* Pett, Manager,
Division of Research aad Statistics,
Federal Reserve Bank of Chicago,
Chicago, H
JL*
Dear H Pett*
r*
In
response to your letter of Jane
2| j
there is
inclosed a copy of the lay 28 press release of the Comptroller
of the Currency giving certain data regarding the status of
Hemmed
The *o*ptrollerf s office has placed your
n m on the mailing
ae
lis t for future press statements*
/
?
and unlicensed national banks as of lay 1, 1934*-
V r truly yours,
ey
I* L. Smead, Chief,
Division of Bank Operations*
A
/v.
C
/\
Y
Reproduced from the Unclassified I Declassified Holdings of the Natio
d e c l a s s if i e d
Authority J f . o . , o s -M
T
V
Lf
-
FEDERAL RESERVE BANK OF CHICAGO
230 SOUTH L A S A L L E S TREET
June
Twenty-one
Wx
l 9 3 it
Federal Reserve Board
Washington, D. C,
Attention : Mr. E. L. Smead, Chief
Division of Bank Operations
Dear Mr. Smeads
.y
In the June 16, 193^-a issue of the Cominercial and
Financial Chronicle, I find mention made of a report, released on
May 28 by the Comptroller of the Currency, which not only gives
the status of licensed and unlicensed national banks on May 1 but
which contains information regarding the number of national banks
still in receivership in each state, together with the amount of
impounded and released deposits of these institutions. As I am
unable to locate anyone in the bank who received a copy of this
particular release and as requests are frequently made for such
information, I should greatly appreciate your office arranging,
if possible, with the Comptroller’ office to send me a copy of
s
this report and to place me on the mailing list for any subse
quent reports giving information of this character*
Yours ve
H. G. Pett, Manager
Division of Research and Statistics
HGPiFB
Reproduced from the Unclassified / Declassified Holdings of the National Arclwes
declassified
Authority
/a
faffjjpe Correspondence
jr •Federal Reserve Board
ffedf
I To
*±1-0, O f
FEDERAL RESERVE
BOARD
Date
June 18, 1934
Subject:__Banks licensed during the week
*
From
ended .Tana 6 and o t h e r ch an g es_________
M , Sinead
r
f rcr
o ic
j
lev. Bbek.
Hr. Hamlin
WW r
r ilie
.
For the Board* s>.Jtnformation, 1&ere are attacked hereto
itr.-
HTo *
r hm
.
/j
statements showing the following information as reported for
Hr, Si:yrn;
# frr!.
flr. Ms*' i
» Kn
r. o .
« o K
r. h
flr. <
^ lv ■ ^
-
/
the week ended June 6, 1934: .:<
...... ...............
... (1)
, ...,..,
(2)
*
Tji
fk
M ber banks licensed to conduct normal
em
banking operations
N em banks authorized to conduct
onm ber
normal backing operations
(re s tric te d basis)
(3) Non-^liceased baxics placed in liquidation
or receivership* etc.
Reproduced from the Unclassified I Declassified Holdings of the National Archives- ■
DECLASSIFIED
'
■
Au h i y €.n\to<?n)
t or t
M H R B N S L E SE B T E SE R T R O T E T E SU Y
B IE A K IC N D Y H C E A Y F H R A R
T C N U T N R A B N IN O E A IO S
O O D C O ML A K G P R T N
Changes reported daring week ended June 6« I93A
ad iti o s,
d
n
Bate of Change
_ fl«K)
_
EadLatlng M ba^ Banks
em
NONE
HfMi I A n t T tionVll
fiVA1
national Bank of Bloomington
•
(Succeeded First National Bank &
Trust ccM p r)
Qarg
fir s t National Bank in Golconda
(Succeeded First national Bank
of Golconda)
LaFayette national Bank
(Succeeded Fowler Bank City Trast
Company, N em
onm ber)
F irst ifiitional Bank in Traer
(Succeeded F irst National Bank)
<First National Bank
(Brisary organization)
C itizen National Bank
* (Succeeded National Bank of Ashland)
Sea Bright National Bank
(Succeeded First National Bank)
*Mount Vernon Trust Com
pany
*Comaereial Savings Bank Com
pany
First National Bank at G allitsin
(Succeeded First National Bank
A Gallitzin)
n
First^ational Baak la Sykesville
(Succeeded First National Bank
of Sykesville)
South Texas Natieaal Bank
(Succeeded South Texas Baak and
Trust company, N em
onm ber)
Mountain National Bank
(Succeeded Clifton Forge National Bank)
Bloomington, 111.
June 2
Golconda, HI*
M 31
ay
-LaFayette, Ind.
M 31
ay
Traer, Iowa
M 31
ay
Waynesboro, Miss,
June 1
Ashland, Nebr*
“ay 31
Sea Bright, N J .
.
June 1
Mt. Vernon, N Y.
.
Gallon, Ohio
Gallitzin, Fa.
June 4
M 31
ay
June 6
Sykesville, Pa.
M 31
ay
San Antonio, Texas
June 5
Clifton Forge, Va.
June 5
Scottsville, Va.
M 31
ay
OH C A GS
T SR H N E
Scottsville National Bank
(Absorbed fcy National Bank $
Trust Company, Charlottesville)
♦ A d m itted t o a a a b K rs h ip d i r i n g w eek
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a s s if i e d
Authority e.n. fa<rn)
JENTIAL
NOMEMBER BASKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended June 6, 193U
Date of Change
-
1
3
5
3
ADDITIONS
Existing Bank^
Planters & Merchants Bank
Hamilton County Bank
(Shown in report covering week ended
August 2, 1933, as consolidated with
Commercial Bank, Live Oak, Florida.
It now appears that only part of the
bank* s assets were transferred to the
Commercial Bank, Live Oak, Florida,
on June 24, 1933)
Farmers & Merchants Bank
Rankin Bank
Citizens State Bank
Farmers & Merchants Union Bank
Hu stier-Camp Douglas Bank
Commercial State Bank
' Community State Bank
Bank of Prairie du Sac
Whitewater Commercial & Savings Bank
Uniontown, Ala.
Jasper, Fla.
June 1
June 2
Huntsville, Mo.
Rankin, Pa.
Clinton, Wis.
Columbus, Wis.
Hustler, Wis.
Madison, Wis.
Norwalk, Wis.
Prairie du Sac, Wis.
Whitewater, Wis*
Jiane 4
^ay 4
June 2
June 6
May 31
ne_^
May 22
^ay 29
“ay 31
Madrid, Iowa
May 31
West Liberty, Iowa
June 1
Inman, S. C.
May 31
New Banks
City State Bank
(Took over certain assets of
Farmers Savings Bank)
West Liberty State Bank
(Took over certain assets of Downey
Savings Bank, Downey; Iowa State
Bank, West Liberty, and Peoples
State Bank, West Liberty)
Inman Depository, Inc.
(Primary organization)
OTHER CHANGES*
Crocker First Federal Trust Company
San Francisco, Calif.
(Absorbed f y Crocker First National Bank)
c
Danielson Trust Company
Danielson, Conn.
(Absorbed by Windham County National Bank)
Slifer Savings Bank
Slifer, Iowa
(Name and location changed to Security
Savings Bank, Famhamville)
May 31
May 28
June 1
*
1
__________________
Reproduced from the Unclassified / Declassified Holdings of the National Archives
declassified
Authority_j g .Q ;
J3DENTIAL
N N M E B N S A T O IZ D T C N U T N R A B N IN O E A IO S
O M B R A K U H R E O O D C O ML A K G P R T N
(U R ST IC E BASIS)
NE R T D
Changes reported daring week ended June 6. 193A
Date of Change
- .JD3 M3_____
O H R C A G S* (Continued)
T E HN E
Citizens State Bank
(Absorbed ty Labette Counjgf State
Bank, Altamont)
Waldo State Bank
(N e and location changed to Peoples
am
State Bank, Luray, and absorbed the
First National Bank, Luray)
Brazos State Bank
(Voluntary liquidation)
H
ound Valley, Kans.
June 2
Waldo, Kans.
June 1
Brazos, Texas
M 31
ay
*Does not include nonmember banks admitted to membership in the Federal
Reserve System, which banks appear on the list covering licensed member
banks.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a ssif ie d
Authority g n tCS*OI
ft-
. .-M
t
.
XDENTIAL
N N IG N D B K P A E IN L D A IO O R C IV R IP*
O -L E SE IN S L C D
IQ ID T N R E E E SH
As reported during week ended June 6, 1934
Date of Change
(1934)
M ber Banks
em
First National Bank
First National Bank
Langlade l&tional Bank
Frostburg, M
d.
Antigo, «is.
Antigo, Wis.
June 4
M 31
ay
M 31
ay
Brinkley, Ark.
Melbourne, Fla.
LaFayette, Ind.
Forest, Ind.
Benton, Iowa
M 31
ay
M 19
ay
June 4
June 1
June 5
Bremer, Iowa
June 1
Downey, Iowa
Madrid, Iowa
Marion, Iowa
West Liberty, Iowa
West Liberty, Iowa
Rockbridge, M
o.
Wright City, M
o.
Harbine, Nebr.
June 1
M 31
ay
M 31
ay
June 1
June 1
M 31
ay
June 1
M 31
ay
N em Banks
onm ber
Monroe County Bank
Melbourne State Bank
Fowler Bank City Trust Com
pany
Citizens Bank
Citizens Savings Bank
(Absorbed by Mount Ayr State Bank,
Mount Ayr)
Farmers Savings Bank
(Absorbed by State Bank of Waverly,
Waverly)
Downey Savings Bank
farmers Savings Bank
Commercial Savings Bank
Iowa State Bank
Peoples State Bank
Rockbridge Bank
Wright City Bank
State Bank of Harbine
(Voluntary liquidation, depositors
paid in fu ll)
♦Includes banks absorbed or succeeded ty other banks.
Reproduced from the Unclassified / Declassified Holdings of the National Archives-
declassified
Authority Jr. O td.< n
T]
V la rrp fN r,. 1 3 1
J-O^rj
O ffke i^orresponuence
To fp Federal Reserve Board
From
FEDERAL RESERVE
BOARD
Subject;
June 7, 1934
Banks licensed during the week
ended M 30 and other changes,_____
ay
Mr. Saead
• p o
For the BosSd* s information, there are attached hereto
r0R
O? Bc .^/^eek
o. fak
showing the following information as reported for the
ended
S',
^s
M 30, 1934?
ay
Mr. Ham'in
Hr. tm?r.
vf
Mr. Ja-nes
Mr. Thongs
(1) M ber banks licensed to conduct normal
em
banking operations
(2) N em banks authorised to conduct
onm ber
normal banking operations
(unrestricted basis)
% Cpnc
rcit
Mr.
. (3.) Non-lieensed banks placed in liquidation
or receivership, etc.
M." e i *
i fcH
Mr"0'i!W^r
u.i";o.
MrTi rr.
fT/H r.
Picssa nets —
slid return to
16— 8 5 2
Reproduced from the Unclassified / Declassified Holdings of the National Archives
d e c l a s s if i e d
Authority
/c
i
j
DENTIAL
MEMBER B A M S LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week aided May 30, 1934
Date of Change
(1934)
^
ADDITIONS
Existing Member Banks
%1-
First State & Savings Bank
Howell, Mich.
^
June 1
New Member Banks
Tuscumbia, Ala.
First National Bank in Tuscumbia
(Succeeded First National Bank of
Tuscumbia)
Blackshear, Ga.
♦Blackshear Bank
Aurora, 111.
Aurora National Bank
(Succeeded The Aurora National Bank)
Galva, 111.
First National Bank
(Succeeded Galva-First National Bank)
First National Bank in Goodland
Goodland, Kans.
(Succeeded National Bank of Goodland
and First National Bank, Kanorado)
First National Bank in De Ridder
De Ridder, La.
(Succeeded First National Bank of De Ridder)
First National Bank in West Concord
West Concoi'd, Minn.
(Succeeded First National Bank of
West Concord)
United National Bank
Cliffside Park, N. J.
(Succeeded Cliffside Park National Bank,
Cliffside Park; First National Bank,
Fairview, and Palisade National Bank of
Fort Lee, Palisade)
♦McFarland Brothers Bank
Logan, N. Mexico
First National Bank in Bangor
Bangor, Pa.
(Succeeded First National Bank of Bangor)
South Philadelphia National Bank
Philadelphia, Pa..
(Succeeded Southwestern National Bank
and Sixth National Bank)
Buchel National Bank in Cuero
Cuero, Texas
(Succeeded Buchel National Bank of Cuero)
American National Bank in McLean
McLean, Texas
(Succeeded American National Bank of
McLean)
First National Bank in Tonasket
Tonasket, Wash.
(Succeeded First National Bank of Tonasket)
May 2 4
May 29
May 24
May 24
May 25
May 29
May 28
May 24
May 25
flay 29
May 29
May 25
May 26
May 28
OTHER CHANGES
First National Bank
(Absorbed by First State Bank, Matador,
State member)
♦Admitted to membership during week.
Matador, Texas
May 25
Reproduced from the Unclassified / Declassified Holdings of the National Archives
declassified
Authority
C)
.PENTIAL
NONMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL BARKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended May 30« 193A
Date of Change
.......... ( i a a & ) _________
ADDITIONS
Existing Banks
Spencerville, Ind.
Thurman, Iowa
Detroit, Mich.
Eureka, Mo.
Smithton, Mo.
Dahlen, N. D.
Elkhorn, Wis.
Kingston, Wis.
Prairie du Chien, Wis
Slinger, Wis.
Farmers & Merchants State B i f
ai:
Thurman State Savings Bank
Union Guardian Trust Company
Bank of Eureka
Community Bank
First State Bank
State Bank of Elkhorn
Kingstan-Dalton State Bank
Prairie City Bank
State Bank of Slinger
May
May
May
May
May
May
May
May
May
May
30
29
28
26
23
24
23
26
23
25
Norwalk, Iowa
May 25
Monett, Mo.
May 21
New Banks
Norwalk-Cumming State Bank
(A combination of Norwalk State Bank,
Norwalk, and Gumming Savings Bank,
Cumming)
Gillioz Bank S Trust Company
c
(Succeeded Monett State Bank and
Trust Company)
OTHER CHANGES*
Fond du Lac State Bank
(Suspended)
Oak Glen Trust & Savings Bank
(Voluntary liquidation)
Security Savings & Trust Company
(Absorbed ty First National Bank of
Portland)
Willapa Harbor Bank
(Absorbed by First National Bank of
Seattle)
East Peoria, 111,
May 26
Lansing, 111.
April 25
Portland, Ore.
May 24
Raymond, Wash.
May 28
*Does not include nonmember banks admitted to membership in the Federal
Reserve System, which banks appear on the list covering licensed member
banks.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
d ec la ssifie d
Authority _£ tQt' tc<Tn)
ID N IA
ET L
N N IC N D B N S P A E IN L U A IO O R C IV R IP*
O -L E SE A K L C D
IQ ID T N R E E E SH
As reported during week ended M 30. 1934.
ay
Date of Change ;
(193A)
M ber Banks
em
N O N E
N em Banks
onm ber
^
V
Cum ing Savings Bank
m
Iowa Loan & Trust Company
Iowa State Savings Bank
Amble State -Bank
Citizens State Bank
Washington Savings Bank
Citizens Banking Com
pany
American Bank & Trust Com
pany
*
Cum ing, Iowa
m
Fairfield, Iowa
Fairfield, Iowa
Amble, Mich.
Fife Lake, Mich.
Washington, Mich.
Salineville, Ohio
Fort ^orth, Texas
♦Includes banks absorbed or succeeded ty other banks
M 25
ay
May 2U
M 24
ay
M 29
ay
M 29
ay
M 29
ay
M 29
ay
M 25
ay
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority
o \ to s 'p i
70
T R E A S U R Y DEP ARTMENT
Co m ptr o l l e r
of the
*»
•
WASHINGTON
June 6, 193^.
C urr ency
ADDRESS REPLY TO
“ COMPTROLLER OF THE CURRENCY’
MMR N U F R M . K N E Y
E OA D M O R E N D ;
Division of Bank OperationsAll twenty one national banks listed in your m orandum dated
em
today were included in our figures of non-licensed national banks as of
April 25j_1 9 3 ^
r
7
"
The following twelve banks are s till included in our figures
of non-licensed national banks as of M 23 , 193^^7 JC
ay
^
/
Title
State
Illinois \/
« Am J
boy
- Aurora ^
» Galva y
- LanarkV /
First National Bank
Aurora National Bank
Galva-First National Bank
firs t National Bank
National Bank of Pontiac
Rochelle National Bank
Iowa:
J
. Bellevue \/
Michigan:
« Battle Creek
3 -2 6 - 3 4
The First National Bank
Indiana:
^ Greenwood *
>Rensselaer*
2-5-3** ”
2 -2 1 -31* •
I- I- I '
+2 +3 *
First National Bank
Farmers & Merchants National
Bank
» Pontiac’
'
i Rochelle^
Ionia
Date F. R. stock canceled
3-l7-3>+ •
Old Merchants National Bank
Trust Com
pany
National Bank of Ionia
J
Wisconsin:
• Ocontov/
3-17-31* ’
2 - 5 -31*.
2 -
6 -
3 U
•
•
U-li-jU '
&
12-18-33
Citizens National Bank
U-21-3^
3 -1 5 - 3 4
•
/3
- 2.-
v
j
«
W A. K B ,
.
AE
Chief, Statistical Division.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority
p.
itfOrOl
June 6* 1934
Miss Schafer, Statistical Division,
Comptroller* g Office
Mr# Kennedy| Division of Bank Operations*
According to oar telephone'
conversation, it will be
appreciated if you will advise us whether or not the following
* c.
national banks in the
7'tS federal
Reserve district were included
in your figures of non-licensed, national baoks on April 25# 1934?
Illinoisi
*A boy
m
* Aurora
Carthage
* Galva
* Lanark
* Pontiac
Eif^e Farm
' Rochelle
Woodstock
Pate
Firat National Bank
Aurora National Bonk
Hancock County National Bank
Galva-First Hational Bank
First National Bank
National Baitft of Pontiac
City National Bank
Rochelle National Bank
American National Bank of
Woodstock
F* R« stock canceled
First National Bank
First Nations! Bank
Farmers & Merchants National
Bank
3-26-34
2-27-34
4-11-34
The First National Bank
Citizens Hational Bank
3-17-34
4-11-34
Old Merchants National Bank
Trust Company
Peoples National Bank
First National Bank
National Bank of Ionia.
12-18-33
3-15-34
2-21-34
4-21-34
2*5*34
2-21-34
1-22-34
4-24-34
3-17-34
2-5-34
3-8-34
2-6-34
3-2-34
Indianai
i Greenwood
Hartford City
9
Rensselaer
Iowa i
* Bellevue
ftinterset
M ichigan*
’ Battle Creek
Kroneor
Howell
* Ionia
WlscaurLis
Marion
Marshfield
» Oconto
k
First National Bank of Marlon
Asiericsji National Bank
Citizens National Bank
1-22-34
2-5-34
3-15-34
Reproduced from the Unclassified / Declassified Holdings of the National-Archives' -.*'
declassified
Authority _£ , q \
F o rm N o . 13 1
fice Correspondence
eral Beserve Board________
From__ Mr. Snead__________________
FEDERAL RESERVE
BOARD
Date___Ju n e l, 1934___
SubjectBanka licensed during the week
ended M 23 and other changes*
ay
«P 0
For the Board’ s infotraation, there are attached
g,
w
Mt.
hereto statements showing the following information as reported
HamlirA
week ended M 23, 1934:
ay
M ber banks licensed to conduct normal
em
banking operations
H em banks authorized to conduct
onm ber
normal banking operations
Non-licensed banks placed in liquidation
or receivership, etc*
.............................
Plj&se note’
and return to
^
check
V'
10— 8 5 2
Reproduced from the Unclassified / Declassified Holdings of the National Archives
d e c l a s s if i e d
A u t h o r i t y . O tO S T )}
JNTIAL
MME B N S L E SE B T E SE R T R O T E T E SU Y
E B R A K IC N D Y H C E A Y F H R A R
T C N U T N R A B N IN O E A IO S
O O D C O ML A K G P R T N
Changes reported during week ended M 23» 1934
ay
A D IO S
D IT N
Date of Change
_ (1934)
_
.
Existing Memb^ Banks
Fruit Growers State Bank
Saugatuck, Mich.
M 28
ay
H M ber Banks
ew em
First National Bank in Bellevue
Bellevue, Iowa
(Succeeded First National Bank)
.<
Citizens National Bank in H m
am ond
H m La.
am ond,
(Succeeded Citizens National Bank
of H m
am ond)
First National Bank in Revere
Revere, Mass.
(Succeeded First National Baric
of Revere)
First National Bank in Cartaret
Cartaret, N J.
.
(Succeeded First National Bank
of Cartaret)
Secaucus, N J.
.
Peoples National Bank
4 (Succeeded First National Bank)
Springfield, Ohio
Lagonda National Bank
(Succeeded Lagonda-Citizens National Bank)
Ford City, Pa.
, National Bank of Ford City
(Succeeded F irst National Bank
& Trust Com
pany)
Hooversville, Pa.
Hooversville National Bank
(Succeeded First National Bank and
Citizens National Bank)
Haskell National Bank
Haskell, Texas
(Succeeded Haskell National Bank of Haskell)
N Castle, Texas
ew
Farmers National Bank
(Succeeded First State Bank, N em
onm ber)
Bobstown, Texas
Robstown National Bank
(Succeeded Gouger National Bank)
Powhatan, Va.
*Bank of Powhatan
Tigerton, Wis.
First National Bank in Tigerton
(Succeeded First National Bank)
M 22
ay
March 30
M 21
ay
M 18
ay
M 17
ay
M 15
ay
M 22
ay
M 23
ay
M 17
ay
M 18
ay
M 23
ay
M 23
ay
M 17
ay
O HR C A G S
T E HN E
Marysville, Ohio
Bank of Marysville Com
pany
(Absorbed Commercial-Savings Bank, N em
onm ber,
and changed title to Marysville-Commercial
Bank, State member)
First National Bank
Bellevue, Texas
(Absorbed fcy First National Bank, Henrietta)
♦Admitted to membership during week.
M 21
ay
M 17
ay
,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
d e c l a s s if i e d
A u th o rity q
,0 < n}
T
jsmuL
N N E B R B N S A T O IZ D T C N U T N R A B N IN O E A IO S
O MME A K U H R E O O D C O ML A K G P R T N
(U R ST IC E BASIS)
NE R T D
Changes reported during week ended M 23» 1934
ay
Date of Change
... -O M ___
S3
A D IO S
D IT N
Existing Banks
Ashmore, 111*
May 22
Chapin, 111*
M 17
ay
Dillsboro, Ind.
Humeston, Iowa
Luxemburg, Iowa
Rubio, Iowa
Parkville, M
d.
Eureka, M
o.
Salem, M
o.
Crawford, Nebr.
T o Rivers, Wis.
w
T o Rivers, Wis.
w
Ashmore State Bank
(Suspended 12-5-335
reopened 5-22-34)
Chapin State Bank
(Suspended 11-26-32;
reopened 5-17-34)
Dillsboro State Bank
Citizens State Bank
Luxemburg Savings Bank
Rubio Savings Bank
Parkville Bank
Farmers & Merchants Bank
Bank of Salem
Crawford State Bank
Bank of T o Rivers
w
T o Rivers Savings Bank
w
M 21
ay
M 18
ay
M 18
ay
M 18
ay
M 19
ay
M 17
ay
H 11
ay
M 15
ay
M 18
ay
M 18
ay
Melbourne, Fla.
M 21
ay
Ironton, 111.
M 21
ay
Fairfield, Iowa
M 15
ay
Farmington, Mich,
M 19
ay
Easton, Minn.
M 19
ay
Mahanoy, Pa.
M 21
ay
Denmark, S. C.
M 21
ay
Jayton, Texas
April 30
N Banks
ew
Bank of Melbourne
(Primary organization)
Iron County Security Bank
(Succeeded Iron County Bank)
Iowa State Bank & Trust Com
pany
(Primary organization)
Farmington State Bank
(Primary organization)
State Bank of Easton
(Primary organization)
American Bank
(Succeeded American Banking Trust Co.)
Edisto Cash Depository
(Primary organization)
First State Bank
(Primary organization)
O H R C A G S*
T E HN E
Carlton State Bank
Carlton, Kansas
(Liquidated)
Seward State Bank
Seward, Kansas
(Absorbed by American State Bank, Great Bend)
Elk Falls State Bank
Elk Falls, Kansas
(Liquidated)
April 7
M 19
ay
M 9
ay
Reproduced from the Unclassified I Declassified Holdings of the National Archives
declassified
Aut or t ’
h i > je.n.tosrn}
JJTIAL
N N E B R B N S A T O IZ D T C N U T N R A B N IN O E A IO S
O MME A K U H R E O O D C O ML A K G P R T N
(U R ST IC E BASIS)
NE R T D
//
Changes reported during week ended M 23• 193A
ay
O H R C A G S*
T E HN E
Peoples Baaj^
(Bank moved to Pikesville)
Bank of Belfry
(Voluntary liquidation)
a
#
(Continued)
Date of Change
.... ,,(121 41 ... -
Reisterstown, M
d.
M 14ay
Belfry, M
ont*
M 18
ay
♦Does not include nonmember banks admitted to membership in the Federal Reserve
System, which banks appear on the list covering licensed member banks*
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a s s if i e d
Authority
.p
/o s in f
M T IA L
N N IC N D B N S P A E IN L U A IO O R C IV R IP*
O -L E SE A K L C D
IQ ID T N R E E E SH
/
As reported during week ended M 23. 193k
ay
/
$
Date of Change
(19241
M ber Banks
em
Farmers National Bank
First National Bank of Clifton Heights
N em Banks
onm ber
Crystal Lake, Iowa
Clifton Heights, Pa.
■#
>
Shaffer State Bank
Mallard Trust &
Savings Bank
Farmers & Traders Bank
Union State Bank
Bank of Buffalo
Peoples^Bank
Peninsula Banking Com
pany
P ettisville Savings Bank
First City Bank
ttunn Banking Com
pany
Sherwood Savings Bank Com
pany
Altoona, Iowa
Mallard, Iowa
Iberia, M
o.
Om
aha, Nebr.Buffalo, Ohio
La Grange, Ohio
Peninsula, Ohio
P ettisville, Ohio
Pomeroy, Ohio
Portage, Ohio
Sherwood, Ohio
^Includes banks absorbed or succeeded by other banks.
M 23
ay
M 22
ay
M 22
ay
M 21
ay
M 21
ay
M 17
ay
M 22
ay
M 22
ay
M 23
ay
M 17
ay
M 22
ay
M 17
ay
M 18
ay
"
Reproduced from the Unclassified I Declassified Holdings of the National Archives
;S* '
' '
d e c la ssifie d
A “t o ty_
h ri C.Q ;/a.«mi
FEDERAL RESERVE
BOARD
H
Date
1
6
M 24» 1934
ay
Subject- Banks licensed during the week
Federal Reserve Board
ended M 16 and other changes.
ay
Mr, Sinead
• PO
For the Board's information, there are attached
hereto statements showing the following information as reported
for the week ended M 16, 1934s
ay
; -;5
(1) M ber banks licensed to conduct normal
em
banking operations
(2) Nonmember-banks authorized to conduct
normal banking operations
(unrestricted basis)
(3) Non-licensed banks placed in liquidation
or receivership, etc.
r^check
Pleasa note and r e t u r n ^
jirrCme^6
Of
tl
r 0 i
16 — 8 5 2
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a s s if i e d
to
Authority
SKL
MME B N S L E SE B T E SE R T R O T E T E SU Y
E B R A K IC N D Y H C E A Y F H R A R
T C N U T N R A B N IN O E A IO S
O O D C O ML A K G P R T N
Changes reported during week ended M 16, 1934
ay
/
Date of Change
.... ,&, ) ...
m
A D IO S
D IT N
Existing M ber Banks
em
N O N E
%
N M ber Banks
ew em
First National Bank in Fort Collins
(Succeeded First National Bank
of Fort Collins)
'
Trinidad National Bank
(Succeeded Old Trinidad National Bank)
First National Bank in What Cheer
(Succeeded First National Bank)
First National Bank in Howell
(Succeeded First National Bank)
National Bank of Ocean City
(Succeeded Ocean City National Bank)
First National Bank
v (Succeeded Farmers National Bank
and Trust Com
pany)
Brookville National Bank
(Primary organization)
•^Security State Bank
First National Bank at Moundsville
(Succeeded First National Bank
of Moundsville)
Fort Collins, Colo.
M 12
ay
Trinidad, Colo.
M 12
ay
What Cheer, Iowa
M 11
ay
Howell, Mich.
M 12
ay
Ocean City, N J .
.
M 12
ay
Winston-Salem, N C.
.
M 14
ay
Brookville, Ohio
M 10
ay
McIntosh, S. D.
Moundsville, W Va.
.
M 16
ay
M 10
ay
OHR C A G S
T E HN E
First National Bank
(Absorbed by Exchange State Bank,
Lime Springs, Non.)
j
*Admitted to membership during week.
Lime Springs, Iowa
M 11
ay
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a s s if i e d
Authority £
.XIAL
NOMEMBER BA M S AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended May 16, 1934
Date of Change
(1934)
ADDITIONS
Existing Banks
Cumberland Bank
State Bank of Milan
Aredale St*$e Bank
Pisgah Savings Bank
Farmers & Stock-Growers Savings Bank
Arcadia State Bank
^
Farmers State Bank
Commercial & Savings Bank
Bank of Bladen
Bank of Coleraine
Bank of Harrellsville
Bank of Windsor
Bank of,Yadkin
Farmers Bank
Nevada Deposit Bank
Tri-County Bank
(Suspended 1-13-34;
reopened 5-14-34)
First State Bank
Bloomington State Bank
Farmers & Merchants Bank
Feriyville State Bank
Bank of Oconomov/oc
State Bank of Reeseville
Farmers State Bank
Bank of Wauzeka
Cumberland, Ind.
Mian, Ind.
Aredale, Iowa
Pisgah, Iowa
Tennant, Iowa
Arcadia, Nebr.
Sargent, Nebr.
Boonville, N. C.
Clarkton, N. C.
Coleraine, N # c.
Harrellsville, N. C.
Windsor,
c.
Yadkinville, N. c.
Good Hope, Ohio
Nevada, Ohio
Hanover, Va.
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
Barbourville, W. Va.
Bloomington, Wis.
Brillion, Wis.
Feriyville, Wis.
Oconomowoc, Wis.
Reeseville, Yfis.
Viola, Wis.
Wauzeka, Wis.
May 14
May 15
May 14
May 12
May 14
May 14
May 12
Feb. 19
Cotton plant, Ark,
May 14
Magnolia, Ark.
May 12
Griswold, Iowa
May 10
Hammond, La.
March 6
Union, Mo.
May 9
Jersey Shore, Pa.
May 15
Honea Path, S. C.
May 14
9
15
15
16
16
8
14
12
12
12
12
12
12
14
14
14
New Banks
Cotton Plant Banking Company
(Primary organization)
Citizens Bank
(Succeeded Columbia Peoples Bank)
Griswold State Bank
(Primary organization)
Guaranty Bank & Trust Company
(Primary organization)
United Bank of Union
(Succeeded Bank of Union and Citizens
Bank, Union, Nonmembers)
Jersey Shore State Bank
(Succeeded Jersey Shore Trust Company
and State Bank of Jersey Shore,
Nonmembers)
Commercial Bank
(Primary organization)
Reproduced from the Unclassified / Declassified Holdings of the National Archives
decla s si f ie d
Authorityj *
/flAL
N N M E B N S A T O IZ D T C N U T N R A B N IN O E A IO S
O M B R A K U H R E O O D C O ML A K G P R T N
(U R ST IC E BASIS)
NE R T D
Changes reported during week ended M 16, 1934
ay
Date of Change
O H R C A G S*
T E HN E
Perrysville, Ind.
(Voluntary liquidation)
Bank of Guthrie
Guthrie, Ky.
(Absorbed fcy Elkton Bank and Trust
Company, Elkton)
City Bank & Trust Company
Bogalusa, La.
(Absorbed by First State Bank and. Jrust
Company, Bogalusa, N em
onm ber)
M 11
ay
3
March 30
-*D6es not include nonmember banks admitted to membership in the Federal Reserve
System, which banks appear on the list covering licensed member banks.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority
q
[ ( O S ln l
mi&L
N N IC N D B N S P A E IN L U A IO O R C IV R IP*
O -L E SE A K L C D
IQ ID T N R E E E SH
As reported during week ended M 16, 1934
ay
Date of Change
11934)
_
M ber Banks
em
First National Bank
Tigerton, Wis.
M 12
ay
N em Banks
onm ber
Farmers &Merchants State Bank
(Absorbed by Dubois County State Bank,
Jasper, N em
onm ber)
Citizens Bank
Rose Hill Savings Bank
Walton Bank & Trust Com
pany
Clay County State Bank
State Bank of Edgar
Commercial Bank
Skamokawa State Bank
Stitzer State Bank
First State Bank
Jasper, Ind.
M 7
ay
Milton, Iowa
Rose H ill, Iowa
Butler, M
o.
Edgar, Nebr.
Edgar, Nebr.
Easley, S. C.
Skamokawa, Wash.
Stitzer, Wis.
Waukesha, Wis.
M 11
ay
M 15
ay
M 10
ay
M 10
ay
M 10
ay
Feb. 10
M 9
ay
M 16
ay
M 15
ay
♦Includes banks absorbed or succeeded fcy other banks
Reproduced from the Unclassified I Declassified Holdings of the National Archives
declassified
Authority_
e.o. losni
F o rm N o. 1 3 1
Tn
Mr. Kennedy_________________
From
Mr.
' r
)
r w
^/ y
I
May 23, 1934-
Subject
Hoxbett
ap s
As soon as the end of month sum ary figures of
m
m ber and nonm ber banks licensed and not licensed are availem
em
able, please telephone *$he following figures to Mr. Hogu^t, secretary
to Mr. Eccles, Branch
2573,
R 273, Treasury Buildings
oom
N ber of m ber banks':
um
em
National*- licensed
not licensed
State bank m
embers - licensed
not licensed
N ber of nonmember banks:
um
16— 852
*1
•
Office Correspondence
FEDERAL RESERVE
BOARD
Reproduced from the Unclassified I Declassified Holdings of the National Archives'-
declassified
Authority j£.n . ft).< n)
T
Fo rm N o. i a i
Office Correspondence
Tn
Federal Reserve Board_________
FEDERAL RESERVE
BOARD
Subject:
Date_
Banks licensed during the week
ended M 9 and other changes.____ _
ay
Frnm Mr. Sm
ead
• po
“T R
O
Gv B l
o.
a c k " k k ®
M H lin.
r, am
M M r,
r. ille
showing the following information as reported for the week
M Jam - ( / • * . / . ...... .
r, *?
Thomm
M
r.
9 / 1934*
M S y 'A lilr;. .......... .
r. z m ^
MO w ' / . '
f■’cw /r
(l)
M M
r. ain*
M . rV;.? ■V I s • ;
r v,r.
--.
M
r,
M Cfp ?#v
r ar ?
.
M
WhmSmmJ
"
::: :;
Board*s information, there are attached hereto
.
(2)
.
M ber banks licensed to conduct normal
em
banking operations
N em banks authorized to conduct
onm ber
normal banking operations
(unrestricted basis)
...
,,
(3)
* 1
ft
!■ - .............................
—
Non-licensed banks placed in liquidation
or receivership, etc.
16— 8 5 2
Reproduced from the Unclassified I Declassified Holdings of the National Arch-ives-
d e c la s s ifie d
to^n\
A u t h o r it y
m m r banks licensed bx th secretary gf th treasury
e be
e
e
T C N U T N R A B N IN O E A IO S
O O D C O ML A K G P R T N
Changes reported during week ended M 9, 1934
ay
Date of Change
(1934)
A D IO S
D IT N
Existing M ber Banks
em
Clinton Trtflfe Com
pany
Peoples Bank & Trust C panyom
Newark*. N # J.
Passaic,
J)
M 5
ay
M 4
ay
N M ber Banks
ew em
Pasadena, Calif*
♦First Trust & Savings Bank
Uberton, Ga.
First National Baak in Elberton
(Succeeded First National Bank
of Elberton)
Carthage, 111.
F irst National Bank of Cartilage
(Succeeded Hancock County National Bank)
Winchester, 111.
Neat 9 Condit & Grout National Bank
(Succeeded Neat, Condit &Grout,
Bankers, State M ber)
em
Woodstock, 111.
First National Bank
(Succeeded American National Bank)
Ness City, Kansas
♦First State~Bank
Owensboro, Ky.
National deposit Bank in Owensboro
(Succeeded National Deposit Bank
of Owensboro) .
Hagerstown, M
d.
^Hagerstown Trust Com
pany
Sayville, N I.
.
*Oystenaen's Bank & Trust Com
pany
(Ac combination of Oyster*anfs National
Bank and Community Trust Company,
Sayville, Nonmember))
St. Marys, Ohio
First National Bank in St. Maiys
(Succeeded First National Bank
of St. Marys)
Antlers, Okla.
First National Bank
(Succeeded First State Bank,
Antlers, N em
onm ber)
Iiatrobe, Pa.
Commercial National Bank
(Primary organization)
Narbeth, Pa.
National Bank of Narbeth
(Succeeded the Narbeth National Bank)
Orangeburg, S. C.
Southern National Bank
(Succeeded Southern Bank & Trust Co.,
Orangeburg, N em
onm ber)
Salem, W Va.
.
First National Bank at Salem
(Succeeded First National Bank of Salem)
Marion, Wis.
First National Bank in Marion
(Succeeded F irst National Bank
of Marion),
M 3
ay
March 12
M 4
ay
M 9
ay
M 5
ay
M 9
ay
M 5
ay
M 3
ay
M 7
ay
M 4
ay
M 3
ay
M 4
ay
M 8
ay
M 4
ay
M 3
ay
M 3
ay
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a ssif ie d
Authority e . n . t a x ' n )
MME B N S L E SE B T E SE R T R O T E T E SU Y
E B R A K IC N D Y H C E A Y F H R A R
T C N U T N R A B N IN O E A IO S
O O D C O ML A K G P R T N
Changes re-ported during week ended M 9. 193A
ay
Date of Change
„
M
m
OHR HN E
T BC A GS
F irst NatiJfeal Bank
(Absorbed Ty First Trust & Savings
q
Bank, State M ber)
em
Bank of Moorefield
(Voluntary liquidation)
♦Admitted to membership during week
Pasadena, C alif.
April 30
Moorefield, Nebr.
M 1
ay
) _______
Reproduced from the Unclassified I Declassified Holdings of the National Archives
declassified
Authority
JENTIAL
NONMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended May 9« 1934
Date of Change
(1934)
ADDITIONS
Existing Banks
*v
First Old State Bank
Kent State Savings Bank
Modale Savings Bank:
Farmers Trust & Savings Bank
(Title changed from Farmers Savings
Bank)
First State Savings Bank
Trenton'State Bank
(Title changed from Guardian Bank
of Trenton)
Harvard State Bank
Citizens Bank
Lancaster County Bank
First State Bank
(Suspended 9-25-33\
reopened 5-3-34*)
Bank of Northumberland
(Suspended 10-24.-33$
reopened 5-5-34-)
Benton State Bank
(Suspended 10-21-33;
reopened 5-5-34.)
Jackson County Bank
Bank of Cashton
Commercial Bank
State Bank of De Pere
Footville State Bank
Friendship State Bank
Friesland State Bank
Bank of Kaukauna
Farmers 8 Merchants Bank
c
Farmers 8 Merchants Bank
c
Palmyra State Bank
Farmers State Bank
State Bank of St* Cloud
Spencer State Bank
Farmers 8 Merchants State Bank
c
Wayside State Bank
Farmers 8 Merchants Bank
c
State Bank of Withee
Elkhart, Ind.
Kent, Iowa
Modale, Iowa
Williamsburg, Iowa
May
May
May
May
Branson, Mich.
Trenton, Mich.
April 9
May 9
Harvard, Nebr.
Ogallala, Nebr.
Waverly, Nebr.
Kulm, N. D.
May 2
April 16
May 7
May 3
5
3
5
1
Heathsville, Va.
May 5
Benton, Wis.
May 5
Black &iver Falls, Wis.
Cashton, Wis.
Chilton, Wis.
De Pere, Wis.
Footville, Wis.
Friendship, Wis.
Friesland, Wis.
Kaukauna, Wis •
Kaukauna, Wis.
Orfordville, Wis.
Palmyra, Wis.
Potter, Wis.
Saint Cloud, Wis.
Spencer, Wis.
Stoddard, Wis.
Wayside, Wis.
Weyauwega, Wis.
Withee, Wis.
May 9
April
April
April
April
April
April
April
April
April
April
April
May 3
April
April
April
April
April
19
24
18
14
16
16
26
26
13
9
13
17
21
20
14
.6
1
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
AuthorityJf.o, tCSfti
.D H IA
ET L
N M M E B N S A T O IZ D T C N U T N R A B N IN O E A IO S
O E B R A K U H R E O O D C O ML A K G P R T N
(U R ST IC E BASIS)
NE R T D
Changes reported during week ended M 9. 1934
ay
Date of Change
(1934)
N Banks
ew
The First State Bank
(Succeeded First State Bank)
Guaranty Bank & Trust Com
pany
(Succeeded American Trust & Savings
Bank and Cedar Rapids Savings &
•.«
Trust Company, Cedar Rapids, N
on
members)
Peoples Webster County Bank
(Succeeded Peoples Bank and Webster
County Bank, Red Cloud)
Prescott, Ark.
M 4
ay
Cedar Rapids, Iowa
M 5
ay
Red Cloud, Nebr.
M 7
ay
O H R C A G S*
T E HN E
Lake Placid, Fla.
Tropical State Bank
(Moved to Sebring, Florida)
Kuna, Idaho
Kuna State Bank
(Voluntary liquidation)
Beverly, 111.
Beverly State Bank
(Suspended)
Whalan, Minn.
Whalan State Bank
(Absorbed by Seanlan-Habberstad Bank
& Trust Company, Lanesboro)
Citizens State Bank
La Rue, Texas
(Voluntary liquidation)
D Forest-Marrisonville Bank
e
D Forest, Wis.
e
(Reported as unrestricted in error, Jan. 11, 1934.
This is a restricted bank)
Union State Bank
Kewaunee, Wis.
(Reported as unrestricted in error, Jan. 11, 1934.
Thds is a restricted bank)
M 7
ay
April 18
M 8
ay
April 24
February 19
*Does not include nonmember banks admitted to membership in the Federal Reserve
System, which banks appear on the list covering licensed member banks.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c la s s ifie d
Authority_g . 0 ; l c s l m
,FIDENTIAL
NON-LICENSED BANKS PLACED IN LIQUIDATION OR RECEIVERSHIP*
As reported during week ended May 9» 1934
Date of Change
(1934)
Member Banks
First National Bank
Hewlett-?/c^imere National Bank
National Bank of Commerce
Midland, Md.
Woodmere, N. Y.
Lorain, Ohio
May 9
May 9
May 9
Cedar Rapids, Iowa
Cedar Rapids, Iowa
Diagonal, Iowa
May 4
May 4
May 3
Jamaica, Iowa
May 1
Bach, Mich.
Colwood, Mich.
Coral, Mich.
Frankenmuth, Mich.
May
May
May
May
Garden City, Mich.
Gobles, Mich.
Montgomery, Mich.
Butler, Mo.
Mill Grove, Mo.
Modena, Mo.
Ravanna, Mo.
Union, Mo.
Union, Mo.
Bellwood, Nebr.
Hubbard, ^ebr.
Madison, Ohio
May 8
Nonmember Banks
American Trust & Savings Bank
Cedar Rapids Savings Bank & Trust Go.
Diagonal State Bank
(Absorbed by Mount Ayr State Bank,
Mo-qnt Ayr)
Jamaica Savings Bank
(Absorbed ty Perry State Bank, Perry)
Seeley, Andrews, Bach & Co., Bankers
Seeley, Andrews, Bach & Co., Bankers
State Bank of Montcalm County
American State Bank
(Absorbed f y Frankenmuth State Bank,
c
State Member)
Garden City State Bank
First State Bank
Montgomery State Bank
Farmers Bank of Bates County
Mill Grove State Bank
Bank of Modena
Ravanna State Bank
Bank of Union
Citizens Bank
Bank of Bellwood
Hubbard State Bank
The Exchange Bank
NON-LICENSED
Farmers State Bank
8
8
May 8
May 8
May 7
May 9
May 9
May 9
Not available
May 5
April 18
BANKS TttTHDRAIN FROM MEMBERSHIP
Montague, Mich.
♦Includes banks absorbed or succeeded f y other banks.
c
3
3
8
8
May 9
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a s s if i e d
Authority
F o r m N o . 13 J
n . 16 <Tn)
j /Yy Y
-Office Correspondence
To_____ Federal Reserve Board________
FEDERAL RESERVE
BOARD
Date
Subj * Banks licensed during the week
ect
ended May 2 and other changes,____ _
From.___ Mr. Smead
For the Betted’s information, there are attached
leijeto statements showing the following information as
/ / reported for the week ended May 2, 1934 *
(1)
Member banks licensed to conduct normal
banking operations
(2)
Nonmeober banks authorized to conduct
normal banking operations
(unrestricted basis)
(3)
Non-licensed banks placed in liquidation
or receivership, etc.
May XI, 1934
Reproduced from the Unclassified I Declassified Holdings of the National Archives
declassified
Authority
M
l
MME B N S L E SE BI T E SE R T R O T E T E SU Y
E B R A K IC N D
H CEAY F H RA R
T C N U T N R A B N IN O E A IO S
O O D C O ML A K G P R T N
Changes reported during week ended M 2, 193A
ay
A D IO S
D IT N
Date of Change
.
.( 1 M
.
Existing MembefjjBanks
Fair Haven National Bank
Fair Haven, N Y.
.
%y 5
H Meaber Banks
ew
Winterset, Iowa
Farmers &Merchants national Bank
(Succeeded Citizens National Bank)
Stoughton, Mass,
♦Stoughton Trust C panyom
St, Louis, M
o.
South Side^National Bank in St, Louis
(Succeeded South Side National Bank
of S t, Louis)
Charleroi, Pa.
F irst National Bank in Charleroi
(Succeeded First National Bank
of Charleroi)
Clifton Heights, Pa,
Clifton Heights National Bank
* (Succeeded First National Bank of
Clifton Heights)
Mt. Wolf, Pa.
Union National Bank in Mt. Wolf
(Succeeded The Union National Bank
‘ of Mt. Wolf)
First National Bank in Edinburg
Edinburg, Texas
(Succeeded First National Bank
of Edinburg)
Groesbeck, Texas
Citizens National Bank in Groesbeck
(Succeeded Citixens National Bank)
Durand, Wis.
Security National Bank
(Succeeded First National Bank
in Durand)
Marshfield, Wis.
Citizens Naticnal Bank
(Succeeded American National Bank)
Superior, Wis.
Union National Bank
(Succeeded United States National Bank)
April 11
April 27
M 1
ay
April 28
April 27
April 27
April 30
M 1
ay
April 6
April 30
April 16
OHR C A G S
T E HN E
Central National Bank
(Voluntary liquidation)
♦Admitted to membership during week.
Chillicothe, Ohio
M 1
ay
.................
Reproduced from the Unclassified I Declassified Holdings of the National Archives
declassified
Authority g- r , la < r n l
-<T
T «■
N N B B R B N S A T O IZ D T C N U T N R A B K G O E A IO S
O MME A K U H R E O O D C O ML iN IN P R T N
(U R ST IC E BASIS)
NE R T D
Changes reported during week ended M 2. 1934
ay
A D IO S
D IT N
Date of Change
.. .(isat)..
Existing BanXk
Iowa State Bank
Iowa State Bank
'i
Security Savings Bank
Bank of Lancaster
Bank of O Hill
ak
McDonald County Bank
Citizens Bank
Farmers State Bank
Farmers -&Merchants Bank
Farmers State Bank
F irst State Bank
(Suspended 9-25-33;
reopened 5-3-34)
O Harbor State Bank Com
ak
pany
Mercantile Banking & Trust Co.
4 Farmers Exchange Bank
Morning Sun, Iowa
N London, Iowa
ew
Zwingle, Iowa
Lancaster, M
o.
O H ill, M
ak
o.
Pineville, M
o.
Windsor, M
o.
Davey, Nebr.
Milligan, Nebr.
Ambrose, N D.
.
Kulm,
d.
M 2
ay
April
M 2
ay
April
April
April
April
April
April
April
M 3
ay
O Harbor, Ohio
ak
Moundsvilie, W Va.
.
Neshkoro, Wis.
April 30
April 30
April 27
28
12
23
20
23
24
25
30
N Banks
ew
Statesboro, Ga.
Bulloch County Bank
(Primary organization)
Forest City, M
o.
State Bank of Forest
(Succeeded The Bank of Forest City)
Burwell, Nebr.
Bank of Burwell
(Primary organization)
Staplehurst, Nebr.
Staplehurst Bank
(Succeeded Bank of Staplehurst)
Madison, Ohio
Citizens Bank of Madison
(Primary organization)
Brentwood, Pa.
Bank of Brentwood
(Succeeded Brentwood State Bank)
Pittsburgh, Pa.
Hazelwood Bank
(Succeeded Hazelwood Savings &
Trust Com
pany)
O H R C A G S*
T E HN E
Banking House of Wilcoxson & Co.
(Absorbed ty Carroll County Trust
Company, Carrollton)
Mannsville State Bank
(Suspended)
Bank of Vayland
(Title and location changed to
Bank of Wessington, Wessingtan)
April 14
April 19
M 1
ay
April 30
M 2
ay
M 1
ay
April 30
Carrollton, M
o.
April 21
Mannsville, Okla.
Aprxl
,
April 10
Vayland, S. D.
*Does not include nonmembQr banks admitted to membership in the Federal
Reserve System, which banks appear on the list covering licensed member banks.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
declassified
Authority g* ^
MI A
L
N N IC N D BA K P A E IN L U A IO O R C IV R IP
O -L E SE
N SL C D
IQ ID T N R E E E SH #
As reported during week ended M 2, 1934ay
Date of Change
.._ Q a a & .................
M ber Banka
em
Citizens National Bank
Conneaut Mutual Loan &
Trust Co,
Pine City S>e Bank
Whitman CouSy National Bank
F irst National Bank
Greenwood, Ind.
Conneaut, Ohio
Pine City, Wash.
Rosalia, Wash.
Darlington, Wis.
M 2
ay
M 1
ay
April 30
April 25
Belle Mina, Ala.
Sulphur Springs, Ark.
L ittle Cedar, Iowa
Auburn, Mich.
Fenwick, Mich.
Pittsford, Mich.
Six Lakes, Mich.
Tawas City, Mich.
Vestaburg, Mich.
Wolverine, Mich.
Butler, M
o.
^yron, Nebr.
April 27
March 20
April 27
April 23
April 17
April 12
April 23
April 26
April 23
April 26
April 30
2
* t.
N em Banks
onm ber
Belle Mina Bank
Bank of Sulphur Springs
Citizens Bank
Peoples State Savings Bank
Fenwick State Bank
Pittsford State Savings Bank
State Bank of Six Lakes
Iosco County State Bank
State Bank of Vestaburg
Wolverine State Savings Bank
Peoples Bank
Farmers & Merchants Bank
1
N N M D B N S W H R W F O M M E SH
O -LIC SE A K IT D A N R M E B R IP
Elk Rapids State Bank
Elk Rapids, Mich.
•^Includes banks absorbed or succeeded by other banks
April 26
Reproduced from the Unclassified I Declassified Holdings of the National Archives
declassified
A u t h o r i t y iO S T n )
4-7
F o rm N o. 13 1
:ice Correspondence
FEDERAL RESERVE
BOARD
To________ Federal Reserve Board_____
From.
Mr. Smead
Date_
Subject:
May 4, 1934
Banks licensed during the week
ended April 25 and other changes.
tro
•
-
For the Board’s information, there are attached
hereto statements showing the following information as reported
for the week ended April 25, 1934:
(1)
Member basks licensed to conduct normal
banking operations
(2)
Nonmember banks authorized to conduct
normal banking operations
(unrestricted basis)
(3)
Non-licensed banks placed in liquidation
or receivership, etc.
16— 852
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a s s if i e d
Authority _ £ ^ D \ l o , 7 n l
,IAL
MEMBER BANKS LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during; week ended April 25* 1934
Date of Change
) _________
/
_ J M
ADDITIONS
Existing Member Banks
First National Bank
Fort Morgan, Colo.
April 25
N M ber Banks
ew em
First National Bank
Lincoln, 111.
(Succeeded Lincoln National Bank) <
Naperville, 111.
The Naperville National Bank
(Succeeded First National Bank)
Goshen, Ind.
First National Bank
(Succeeded City National Bank)
Coldwater, Mich.
Coldwater National Bank
(Succeeded The Coldwater National Bank)
Gladstone, Mich.
First National -B in Gladstone
ank
(Succeeded First National Bank of
Gladstone)
Iron River, Mich.
, Iron River National Bank
(Succeeded F irst National Bank of
Iron River and Caspian National
Bank of Caspian)
Canton, & a s s .
♦Canton Trust Com
pany
Butler, M
o.
First National Bank
(Primary organization)
Albany, Ore,
♦Bank of Albany
Beaver Falls, Pa.
First National Bank at Beaver Falls
(Succeeded F irst National Bank of
Beaver Falls)
Philadelphia, Pa.
National Bank of Olney at Philadelphia
(Succeeded National Bank of Olney
in Philadelphia)
W pum Pa.
am ,
F irst National Bank in W p m
am u
(Succeeded First National Bank
of W pum
am )
Marlin, Texas
Marlin National Bank
(Succeeded Marlin-Citizens National Bank)
April 25
April 20
April 23
April 24
April 19
April 12
April 23
April 23
April 19
April 26
April 23
April 21
April 23
O HR C A G S
T E HN E
National Bank of Ellsworth
(Voluntary liquidation)
Adam National Bank
s
(Absorbed by Lytle State Bank,
I$rtle, Non.)
Ellsworth, Pa.
April 17
Devine, Texas
April 20
♦Admitted to membership during week.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
declassified
A t or t ^ £ u icst»
uh iy
1KL
nonmmber banks authorized to conduct formal bailing operations
(UNRESTRICTED BASIS)
Changes reported during week ended April 25 < 1934Date of Change
(1934)
ADDITIONS
Existing Banks
Douglas County Bank
Drovers State Bank
(Suspended 7-24-33;
reopened 4-16-34)
Auburn Savings Bank
Cromwell State Savings Bank
Hansell Savings Bank
Marion Savings Bank
Farmers State Bank
Security.State Bank
Schuyler State Bank
The Bryson City Bank
Bank of Goochland
(Suspended 8-22-33;
reopened 4-*23~34)
Parker, Colo.
Vienna, 111.
April 25
April 16
Auburn, Iowa
Cromwell, Iowa
H e ll, Iowa
ans
Marion, Iowa
N London, Iowa
ew
Lawrence, Nebr.
Schuyler, Nebr.
Bryson City, N C.
.
Goochland, Va,
April 20
April 19
April 21
April 20
April 21
April 12
April 16
March 22
April 23
Mutual Bank &
Trust Com
pany
St. Louis, M
o.
(Primary organization)
Northern Bank &
Trust Com
pany
Lancaster, Pa.
(Succeeded Northern Trust & Savings Bank)I
Mt. Pleasant, Pa.
Mt. Pleasant State Bank
(Succeeded Citizens Savings & Trust Co.)
Clinton, S. C.
Commercial Depository
(Primary organization)
April 23
N Banks
ew
April 23
April 19
April 23
O H R C A G S*
T E HN E
Oakman, Ala.
Bank of O an
akm
(Title and location changed to
Walker County Bank of Jasper, Jasper)
Washington, D. C.
Washington Mechanics Savings Bank
(Title changed to City Bank of Washington)
Holcomb, Kansas
Holcomb State Bank
(Absorbed try Garden National Bank,
Garden City)
Wayne, Kansas
Wayne State Bank
(Suspended)
April 24
April 16
April 18
April 17
Reproduced from the Unclassified I Declassified Holdings of the National Archives
declassified
Authority_£ eg ] tC S T n )
iAL
N N E B R B S A T O IZ D T C N U T N R A B N IN O E A IO S
O MME ASK U H R E O O D C O ML A K G P R T N
(U R ST IC E BASIS)
NE R T D
Changes reported during week ended April 25. 1934
Date of Change
___q . 14 L _ .
9
O H R C A G S* (Continued)
T E HN E
First State^fcenk
(Title and location changed to
Security State Bank, RemerX
State Bank of Decatur
(Title & location changed to Bank
of Hartington, iiartington)
Bank of Laurel Hill
(Title changed to Commercial State Bank)
W County Savings Bank
ake
(Title changed to W County Bank)
ake
Farmers Deposit Bank
(Placed on restricted basis)
Selling Stat6 Bank
(Absorbed ty First National Bank)
Bank of America Trust Com
pany
(Suspended)
Due West Cash Depository
(Voluntary liquidation)
Swatara, Minn,
April 21
Decatur, Nebr.
April 19
Laurel H ill, N C.
.
March 29
Raleigh, N C.
.
April 7
South Vienna, Ohio
April 21
Selling, Okla.
April 14
Pittsburgh, Pa.
April 20
D West, S. C.
ue
March 29
*Does not include nonmember banks admitted to membership in the Federal
Reserve System, which banks appear on the list covering licensed member banks
Reproduced from the Unclassified I Declassified Holdings of the National Archives
d e c l a ssif ie d
Authority e.n /a<rn;
JNTIAL
NON-LICENSED B A M S PLACED IN LIQUIDATION OR RECEIVERSHIP*
As reported, during week ended April 25» 1934Date of Change
.--L12MI— L
Member Banks
Franklin National Bank
Washington, D. C.
(Absorbed ty City Bank of Washington)
Galva First National Bank
Galva, 111*
National Bank of Ionia
^
Ionia, Hich.
April 19
April 24
Apsril 21
N em Banks
onm ber
Wapeie Valley State Bank
Farmers Savings Bank
Security Trust & Savings Bank
Bank o f Cooter
Farmers Bank
Fort Calhoun State Bank
Schuyler Savings Bank
(Absorbed by Schuyler State Bank)
Central City, Iowa
Gray, Iowa
Ifcran, Iowa
* V '■**** -*•
Cooter, mo.
Windsor, lio.
Fort Calhoun, Nebr.
Schuyler, Nebr.
♦Includes banks absorbed or succeeded ty other banks.
April
April
April
Apsril
April
April
April
19
25
19
21
24
24
16
Reproduced from the Unclassified I Declassified Holdings of the National Archives
tI
J
v>3
F o rm N o. 1 3 1
ice Correspondence
Fede ^ l Fftporvft Board
FEDERAL RESERVE
BOARD
Date
Subject
April 27, 1934_____
Banks licensed during the week
ended April 18 and other changes.
From__ Mr. S^e^d
• po
For the Board*s information, there are attached hereto
statements showing th^following information as reported for the
week ended April 18, 1934:
(1)
Member banks licensed to conduct normal
banking operations
(2)
Nonmember banks authorized to conduct
normal banking operations
(unrestricted basis)
(3)
Non-licensed banks placed in liquidation
or receivership, etc.
r I,, i i I,- - n .
>
fj W \
\
16— 8 5 2
Reproduced from the Unclassified I Declassified Holdings of the-National Archives
DECLASSIFIED
Authority
tasinf
J)ENTIAL
MEMBER BANKS LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week ended April 18, 1934
Date of Change
(1934)
..
.
ADDITIONS
-------------------------
Existing Member Banks
* i**
First National Bank
American Bank
'*
*
Utica, Nebr.
Lackawanna, N. Y.
April 13
April 14
New Member Banks
Chicago, 111.
District National Bank of Chicago
(Primary organization)
Citizens National Bank in Pocomoke City
Pocomoke City, Md,
(Succeeded Citizens National Bank)
♦Vandalia State Bank
Vandalia, Mo.
♦Deer Lodge Bank & Trust Company
Deer Lodge, Mont.
Springfield, Ohio
Lagonda National Bank
(Succeeded Lagonda- Citizens National Bank)
* First National Bank at McKees Rock
McKees Rock, Pa.
(Succeeded First National Bank)
First National Bank in Groveton
Groveton, Texas
(Succeeded First National Bank
of Groveton)
First National Bank
Riverton, Wyo.
(Primary organization)
♦Admitted to membership during week
April 16
April 14
April 14
April 16
April 14
April 16
April 14
April 12
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority £ , . / c ^ o i
JENTIAL
NOMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended April 18, 1934
Date of Change
(1934)
ADDITIONS
Existing Banks*
Bonifay, Fla.
Columbia City, Ind.
Francisco, Ind.
Cambridge, Iowa
Clutier, lva
oi
North English, Iowa
Hilbert, Wis,
Mosinee, Wis,
Necedah, Wis,
Richfield, Wis,
Bank of Bonifay
Columbia State Ban}:
Francisco State Bank
Cambridge State Bank
Clutier State Bank •
Farmers Savings Bank
State Bank of Hilbert
Farmers State Bank
Necedah Bank
Richfield State Bank
April 4
April 9
April 9
April 17
April 17
April 17
Between 4-9 & 4-13
U
»
New Banks
Bank of Harlan
(Succeeded First State Bank)
Randallstown Bank
(Primary organization)
Bank of Baltimore County
(Primary organization)
White Hall Bank
(Primary organization)
State Bank of Vassar
(
Primary organization)
Arcadia Valley Bank
(Succeeded Bank of Arcadia Valley)
State Bank of Scotia
(Succeeded Ericson State Bank, Ericson)
Brookville Bank & Trust Company
(Succeeded Brookville Title and
Trust Company)
Harlan, Ky.
April 12
Randallstown, Md.
April 12
Towson, Md.
April 12
White Hall, Md.
April 12
Vassar, Mich.
April 7
Arcadia, Mo.
April 7
Scotia, Nebr.
April 3 0
.
Brookville, Pa.
April 16
OTHER CHANGES*
Thornton State Bank
(Voluntary liquidation)
Peoples State Bank
(Absorbed by State Bank of Yiestphalia,
Westphalia)
Bank of Rayvilie
(Suspended)
Bank of Morse Bluffs
(Title and location changed to
Platte Valley Bank, North Bend)
Thornton, 111.
March S
Harris, Kans.
April 14
Rayvilie, Mo.
April 16
Morse Bluffs, Nebr.
April 14
!
1
Reproduced from the Unclassified I Declassified Holdings of the National*Archives
DECLASSIFIED
Authority
( C S^Q \
?1*DENTIAL
NONMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended April 18, 1934
Date of Change
(1934)____
OTHER CHANGES*
(Continued)
Walters,
Walters State Bank:
(Succeed^ " y Walters National Bank)
b
Ardmore,
Maine Line Wust Com
pany
(Absorbed by Pennsylvania Com
pany for
Insurance on Lives and Grating Annuities,
Philadelphia, State;member;
Okla.
April
Pa,
March 29
*Does not include nonmember banks admitted to membership in the Federal Reserve
System, which banks appear on the list covering licensed member banks.
14
sh sm
is
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
- '
A u t h o r i t y tO S O I
xpential
NON-LICENSED BANKS PLACED IN LIQUIDATION OR RECEIVERSHIP*
As reported during week ended April 18, 193A
Date of Change
(1934)
Member Banks
Farmers & Merchants National Bank
Citizens National Bank
Farmers National Bank
Rensselaer, Ind.
Winterset, Iowa
Fayetteville, Tenn.
April 11
April 11
April 16
Boaz, Ala.
Decatur, Ala,
Vining, Iowa
April 7
March 22
April 17
Elsie, Nebr.
Lewisburg, Ohio
Towson, Md.
March 22
April 13
April 12
*
Nonmember Banks
Boaz Bank
Tennessee Valley Bank
Farmers Savings Bank
(Absorbed by Clutier State Bank,
ClTjfcier)
Equity State Bank
Peoples Banking Company
Baltimore County Bank
♦Includes banks absorbed or succeeded by other banks.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
-
Authority
t C S lo l
w
FEDtnAL
I b r m jio . 13 1
Office Correspondence
To.
Federal Reserve Board
From._
_
Mr. Smead-
FEDERAL RESERVE
BOARD
onA"D FILE
H - 1 6
Subject:
_ended. April 31 . a d .
.n .
other changes._
_
•p o
For the Board’s information, there are attached hereto
'M’
v
s^a^emen^s showing the following information as reported for the
V
■ f
m
x/..
% %
•
ended April 11, 1934-:
(1)v Member banks licensed to conduct normal
banking operations
(2)' Nonmember banks authorized to conduct
’
normal banking operations
(unrestricted basis)
’
(30
m
tor.
tgr
Non-licensed banks placed in liquidation
or receivership, etc.
16— 8S2
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
Authority £.n . tt>S\
01
.1L
MEMBER BANKS LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week ended April 11, 1934
Date of Change
(1934)
Additions
Existing Membe^Banks
N O N E
New Member Banks
Citizens National Bank
Camden, Ark.
(Succeeded First National Bank and
Citizens Bank & Trust Co., Non.)
First National Bank
Marianna, Ark.
(Succeeded Lee County National Bank)
*State Bank of Aurora
Aurora, Minn.
Blairsvilie, Pa.
Blairsville National Bank
(Succeeded The Blairsville National
Bank)
Cecil, Pa.
First National Bank in Cecil
(Succeeded First National Bank
of Cecil)
Indiana, Pa.
First National Bank in Indiana
(Succeeded First National Bank
of Indiana)
Union City, Pa.
National Bank of Union City
(Succeeded The National Bank of
Union City)
Rapid City, S. D.
Rapid City National Bank
(Succeeded Pennington County Bank, Non.)
First National Bank in Canyon
Canyon, Texas
(Succeeded First National Bank
of Canyon)
First National Bank
Goose Creek, Texas
(Succeeded Security Stat6 Bank, Non.)
April 6
April 7
April 3
March 24
April 7
April 7
April 7
April 9
April 5
April 5
OTHER CHANGES
First National Bank
(Absorbed by Farmers & Merchants
National Bank)
First National Trust & Savings Bank
(Title changed to First National
Bank in Spokane)
*Admitted to membership
Hamlin, Texas
April 7
Spokane, Wash.
April 3
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority £ n .
NONMEMBER B A M S AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during; week ended April 11, 1934
Date of Change
(1934)
-
ADDITIONS
Existing Banks
Peoples State Bank
Goodland State Bank
Albumett State Bank
Security Savings Bank
Malvern Trust & Savings Bank
Mount Ayr State Bank
Piscataquis Savings Bank
Norway Savings Bank
State Bank of Seneca
Roseland"State Bank
Farmers State Bank
Grandmarsh State Bank
Green Lake State Bank
State Bank of Haven
Lebanon State Bank
Bank of Mauston
t Bank of Melrose
Bank of Ontario
Ellettsville, Ind.
Goodland, Ind.
Albumett, Iowa
Ireton, Iowa
Malvern, Iowa
Mount Ayr, Iowa
Dover-Foxcroft, Maine
Norway, Maine
Seneca, Mo.
Roseland, Nebr.
Wallace, Nebr.
Grandmarsh, Wis.
Green Lake, Wis.
Haven, Wis.
Lebanon, Wis.
Mauston, Wis.
Melrose, Wis.
Ontario, Wis.
April 5
April 5
April 7
April 5
April 11
April 11
April 11
April 11
March 7
^arch 15
April 7
Between 3-28 & 4-9
n
n
t!
It
ti
tt
ii
H
H
n
it
0
it
«
11
n
it
It
Mew Banks
Oskaloosa, Iowa
Mahaska State Bank
(Succeeded Mahaska County State Bank)i
Hardinsburg, Ky.
Citizens Security Bank
(Primary organization)
Caruthersville, Mo.
First State Bank
(Primary organization)
McKees Rocks, Pa.
Bank of McKees Rocks
(Succeeded McKees Rocks Trust Co.)
Reading, Pa.
City Bank & Trust Company
(Succeeded Pennsylvania Trust Co.)
April 6
March 16
March 28
April 9
April 9
OTHER CHANGES*
Elnora, Ind.
Citizens Bank
(Suspended)
Straughn, Ind.
The Peoples Bank
(Suspended)
Outlook, Mont.
Security State Bank
(Title & location changed to Security
State Bank of Outlook, P}.entywood)
R. P. Henry & Sons, Bankers
Lancaster, Texas
(Voluntary liquidation)
April 7
April 10
Not available
Aoril 10
*Does not include nonmember banks admitted to membership in the Federal Reserve System,
which banks appear on the list covering licensed member banks.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority
/dSD)
JLL
NON-LICENSED BATIKS PLACED IN LIQUIDATION OR RECEIVERSHIP*
As reported during week ended. April 11, 1934
Date of Change
(1934)
Member Banks
Carlstadt National Bank
Gouger National Bank
First Natiqj^l Bank
Nonmember Banks
Carlstadt, N. J,
Robstown, Texas
Webster Springs, W. Va.
April 10
April 7
April 9
Bremen, Ind.
Bristol, Ind.
Grandview, Ind.
Metamora, Ind.
Earlville, Iowa
Liscomb, Iowa
New Hartford, ^owa
Springhill, La.
Missouri City, Mo.
April
April
April
April
April
April
April
April
April
;£
First Union State Bank
Bristol State Bank'
Grandview Bank
:
«
Farmers Bank
Farmers State Bank
Liscomb^ State Savings Bank
New Hartford Savings Bank
Commercial Bank & Trust Company
Missouri City Banking Company
(Absorbed ty Citizens Bank, Liberty)
9
9
11
10
9
5
9
4
3
NON-LICENSED BANKS WITHDRAWN FROM MEMBERSHIP
Pineonning State Bank
Pinconning, Mich.
•^Includes banks absorbed or succeeded ty other banks.
A$ril 11
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
Authority g~ n . tCS~C>)
T R E A S U R Y
D E P A R T M E N T
W A SH IN G T O N
C om ptroller o f the C urrency
A D D R E S S R E P L Y TO
C O M P T R O L L E R ^^ THE CU RREN CY "
April 20, 1954.
MMR N U T M . K N E Y
E OA D M O R E N D *
Federal Reserve Board.
Referring to your telephone conversation of this morning
with Mr. Ringwalt, the following analysis is submitted for your in
formation, prepared as of the close of business, April 10, 1954, and
relative to the estimated released deposits of banks, both national
and member banks in the D istrict of Columbia, which were unlicensed
March 16, 1955.
Of 1417 unlicensed banks with deposits of $2,209,845,000.00,
902 have been reorganized and deposits of #1,281,157,000.00 released
to secured and unsecured depositors. Of the 208 remaining unlicensed,
171 have approved plans, which when consummated w ill release approxi
mately $86,952,168.00. Receivers have issued dividend checks on those
banks declared insolvent subsequent to the banking holiday in the
approximate amount of $7,228,000.00. IShen the pending plans of re
organization are consummated, approximately 62.2$ of frozen deposits
w ill have been released without taking into consideration future
dividends of receiverships.
1417 unlicensed banks - total deposits
Amount released to date
Contemplated release under plans now
approved
Dividends paid by Receivers (approximate)
,209.845.000.00 100$
$1,281,157,000.00
86,952,000.00
7.228.000.00
$1,575,517,000.00 62.2$
Reproduced from the Unclassified / Declassified Holdings of the- Nati®|gj^r®hives
DECLASSIFIED
7V
Auth° i yJE.O. tCS^Oi
rt
IN?;
F o rm N o. 18 1
~r
Office Correspondence
To
Federal Reserve Board________
FEDERAL RESERVE
BOARD
^yh
rw
<6
April 17, 1934
Subject:__ Banks licensed during the week
_ ended April 4 and other changes.
_
rCR CIRCULATION
Mf
S
Gov. Black..
Mr. Ham'in.
For the Board’ information, there are attached
s
••••
statements showing the following information as
8/ir. Thomas
M.Syca /
r rmzk
......................
reported for the week ended April 4, 1934s
Mr. O'Conner
M. fa:
r vrn
!i.
M M t ^ .../
r. o
rrH
M B;!:e. V ...
r. c a ^
M. Cor;cnter, . , /
r
M.N d ...v
r oi
.
.
.............
M sn ri-s.............
: w
M co w say...........
r. id rn
Mr. J U Ill
(l)
M ber banks licensed to conduct normal
em
banking operations
( ) Nonmember banks authorized to conduct
2
normal banking operations
('unrestricted basis)
(3) Non-licensed banks placed in liquidation
or receivership, etc.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
"
DECLASSIFIED
Authority_£.q , tC S lQ I
AWTIHj
MME B N S L E SE B T E SE R T R O T E T E SU Y
E B R A K IC N D Y H C E A Y F H R A R
T C N U T N R A B N IN O E A IO S
O O D C O ML A K G P R T N
Changes reported during week ended April
1934.
Date of Change
(1934.)
A D IO S
D IT N
Existing M ber Banks
em
Pasadena National Bank
H e National Bank of Thorntorai
om
First National Bank
First National Bank
Pasadena, Calif*
Thomtown, Ind.
Jefferson, Pa,
Selmer, Tenn.
March 31
April 6
March 31
March 16
Clear Lake, Iowa
March 30
Chelsea, Mass.
April 3
Wayne, Mich.
Superior, Nebr.
March 30
March 28
Palisades Park, N J .
.
April 5
Stoystown, Pa.
April 5
N M ber Banks
ew em
First National Bank in Clear Lake
(Succeeded First National Bank)
Lincoln National Bank of Chelsea
(Succeeded National City Bank of
Chelsea)
*Wayne State Bank
Security National Bank
(Conversion of Security State Bank,
N em
onm ber)
National Bank of Palisades Park
(Succeeded Palisades Park National
Bank & Trust Com
pany)
First National Bank at Stoys town
(Succeeded First National Bank)
♦Admitted to membership during week.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
- *
Authority £ q tCSlDi
xDENTIAL
NONMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended April 4« 1934
Date of Change
(1934)
ADDITIONS
Existing Banks
*%
Hamlet State Bank
Farmers Trust & Savings Bank
Citizens Savings Bank
State Bank of Latimer
Mineola State Bank
Polk City Savings Bank
Commercial Bank
Bank of Littleton
Bank of Varina
State Bank of Rainier
Andrews Bank & Trust Company
Naches State Bank
Hamlet, Ind.
Buffalo.Center, Iowa
Hanlontown, Iowa
Latimer, Iowa
Mineola, Iowa
Polk City, Iowa
Stanberry, Mo.
Littleton, N. C.
Varina, N. C.
Rainier, 0re.
Andrews, S. C.
Naches, Wash.
April
April
March
March
March
April
March
March
March
March
April
March
3
4
29
31
30
3
1
29
29
20
2
26
Vermont: All State banks (including mutual savings banks) in Vermont,
except the Montpelier Savings Bank and Trust Company, Montpelier,
and the Ludlow Savings Bank and Trust Company, Ludlow, which are
in charge of conservators, were released by the Bank Commissioner
of Vermont from all restrictions as of April 2, 1934.
New Banks
Bank of Boaz
(Succeeded Boaz Bank)
Bank of Fulton County
(Primary organization)
Poland State Bank
(Succeeded Bank of Poland, Private)
Trust Company of Kirkwood
(Succeeded Kirkwood Trust Company)
Bank of Noel
(Succeeded The Bank of Noel)
Zook & Roecker Banking Company
(Succeeded The Zook and Roecker
State Bank)
Adams County Bank of Kenesaw
(A combination of State Bank of Juanita
and Prosser State Bank, Prosser)
Farmers & Merchants Bank
(Succeeded Farmers & Mechanics Bank)
Security Bank
(Succeeded Edgefield Cash Depository)
Exchange Bank
(Succeeded Estill Exchange Depository)
Boaz, Ala.
Feb. 27
East Point, Ga.
April 2
Poland, Ind.
March 15
Kirkwood, Mo,
March 24
Noel, Mo.
March 23
Oregon, Mo.
April 2
Kenesaw, Nebr.
April 2
Sharpsburg, Pa.
April 3
Edgefield, S. C.
March 31
Estill, S. C.
March 27
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
Authority e . O , ( C S O t
JENTI.AL
NONMEMBER BSNKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended April 4 » 1934Date of Change
_ 1 1 9 3 £ } _________
New Banks
(Continued)
Erin Bank &*%rust Company
Erin, Tenn,
(Primary organization)
Silex Banking Company
^
Silex, Mo.
(Succeeded Silex Savings Bank)
OTHER CHANGES"
'
March 31
Elgin, 111.
March 29
Redmon, 111.
April 4
-
Charlottesville, Ind,
March 31
Sioux Center, Iowa
March 27
Alton, Kansas.
March 31
Reserve, Kansas
March 10
Marquette, Minn.
March 21
Berwyn, Nebr.
March 13
Holmesvilie, Nebr.
March
Elgin City Banking Company
(Absorbed ty First National Bank)
Redmon State Bank
(Liquidating)
Citizens State Bank
(Suspended)
Sioux Center State Bank
(Title and location changed to
Valley State Bank, Rock Valley)
First State Bank
(Bank moved to Osborne, Kansas)
Reserve State Bank
(Absorbed by Morrill & Janes Bank,
Hiawatha, State member)
Marquette Trust Company
(Absorbed T y Marquette National Bank
^
of Minneapolis)
Farmers State Bank
(Title and location changed to
Mason State Bank, Mason City)
State Bank of Holmesville
(Voluntary liquidation)
Bank of Lewiston
(Voluntary liquidation)
Farmers State Bank
(Bank moved to Zeeland)
Creston State Bank
(Title and location changed to
Bank of Davenport, Davenport)
Farmers Bank of Krupp
(Title and location changed to Odessa
State Bank, Odessa)
Lewiston, Nebr.
31
March 31
Danzig, N. D.
Feb. 17
Creston, Wash.
March 31
Marlin, Wash.
April 2
*Does not include nonmember banks admitted to membership in the
Federal Reserve System, which banks appear on the list covering
licensed member banks.
March 6
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority e . C
DENTIAL
NON-LICENSED BANKS PLACED IN LIQUIDATION OR RECEIVERSHIP*
As reported during week ended April 4 , .1934
Date of Change
.(1934)
Member Banks
farmers & Merchants National Bank
First Natia^al Bank
Elk National Bank
Headland, Ala.
Granville, N. C,
Fayetteville, Tenn.
March 29
March 16
March 30
New Albany, Ind.
Valparaiso, Ind.
Craig, J-owa
Harpers Ferry, Iowa
Knierim, Iowa
Morrison, Iowa
Shannon City, Iowa
Luray, Mo.
Watson, Mo.
Anoka, Nebr.
Kenesaw, Nebr.
McLean, Nebr.
Miller, Nebr.
Tobias, Nebr.
Verdon, Nebr.
Wood Lake, Nebr.
Wood Lake, Nebr.
Abrams, Wis.
March 28
March 12
April 2
April 2
April 4
March 29
April 2
March 31
March 30
March 29
March 31
Feb. 5
March 31
March 15
Feb. 12
April 4
April 4
March 16
Nonmember Banks
Industrial Savings < Trust Company *
k
Thrift Trust Company
Farmers Savings Bank
State Bank of Harpers Ferry
State Savings Bank
Farmers Savings Bank
Shannon City Savings Bank
Central Bank
Watso nBanking Company
Boyd County State Bank
First State Bank
McLean State Bank
Bank of Miller
Tobias State Bank
Verdon State Bank
Citizens State Bank
Woodlake State Bank
Abrams State Bank
(Title and location changed to
Oconto County State Bank, Oconto Falls)
Kendall State Bank
(Absorbed by Fanners & Merchants Bank)
Van Dyne State Bank
Kendall, Wis.
Feb. 19
Vandyne, Wis.
April 2
NON-LICENSED BANKS WITHDRAWN FROM MEMBERSHIP
Citizens Savings Bank
First State & Savings Bank
Steiwer & Carpenter Bank
Gilman, Iowa
Holly, Mich.
Fossil, Ore.
“
-Includes banks absorbed or succeeded by other banks for which advice
of formal liquidation or receivership has not been received.
April 3
March 31
March 30
Reproduced from the Unclassified I Declassified Holdings of the Nat onal Archives
DECLASSIFIED
Authority g*,n. iO S 'O )
F o rm N o. 13 1
ice Correspondence
Federal Reserve Board
From.
Mr* Smead
K M CIRCULATION
FEDERAL RESERVE
BOARD
Subject-
Date___ April 9, 1934
Banks licensed during the week
ended March 28 and other changes.
For the Board1s information, there are attached
Gv Sak .V,. ,
o. lc.
.hereto.(Statements showing thfe following information as
M.
r
reported for the week ended March 28, 1934s
Mr. ■
C
(1)
Member banks licensed to conduct normal
banking operations
(2)
Nonmember banks authorized to conduct
normal banking operations
(unrestricted basis)
(3)
Non-lieensed banks placed in liquidation
or receivership, etc.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
Authority e . O , ( C S O t
ilTIAL
MEMBER BANKS LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during: week ended March 28, 1934
Date of Change
. (1934). _
.
ADDITIONS
Existing Member Banks
N O N E
New Member Banks
First National Bank in Newton
Newton, 111.
(Succeeded First National Bank
of Newton)
Johnson County National Bank of Franklin
Franklin, Ind,
(Succeeded Citizens National Bank,
Franklin, Ind., and Whiteland National
Bank, Whiteland, Ind.)
^Louisville Trust Company
Louisville, Ky.
National Bank & Trust Company
Paris, Ky.
(Succeeded First National Bank)
First-American National Bank
Tucumcari, N. Mex.
(Succeeded First National Bank and
American National Bank)
Cherry Creek National Bank
Cherry Creek, N. Y.
(Succeeded The Cherry Creek National
Bank, Cherry Creek, and Conewango
Valley National Bank, Conewango Valley)
Mott, N. D.
First National Bank in Mott
(Succeeded First National Bank of Mott)
Bradford, Ohio
Bradford National Bank
(Succeeded First National Bank)
Castalia, Ohio
*Castalia Banking Company
Toledo, Ohio
^■Citizens Trust Company
Myrtle Point, Ore.
^Security Bank of Myrtle Point
Windber, Pa.
Citizens National Bank in Windber
(Succeeded Citizens National Bank
of Windber)
March 22
March 22
March 22
March 27
March 23
March 24
March 22
March
March
March
March
24
28
22
27
OTHER CHANGES
Rigby, Idaho
Rigty National Bank
(Absorbed by American National Bank
of Idaho Falls, Idaho Falls, Idaho)
La Rose, 111.
La Rose National Bank
(Absorbed by Citizens National Bank,
Toluca, 111.)
Dakota State Bank
Dakota, Minn.
(Absorbed by Merchants Bank of Winona,
Winona, Minn., Nonmember)
Fort Lewis, Wash,
Army National Bank
(Absorbed ty National Bank of Tacoma, Tacoma, Wash.)
-^Admitted to membership during week.
March 22
March 26
March 28
March 24
March 12
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
- '
(C S V !
Authority
JTIAL
NONMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during; week ended March 28» 1934ADDITIONS
Date of Change
(1934.)
Existing; Banks
Bank of Searcy
Bank of Clearwater
Port Bryon State Bank
(Suspended 8-5-33j
reopened 3-22-34)
^
Farmers Trust Company
Lincoln Savings Bank
(Moved from Lincoln, Iowa)
Wellman Savings Bank
State Savings Bank
Odin State Bank
(Suspended 5-12-33>
reopened 3-28-34)
Citizens Bank
State Bank of Jansen
Petersburg State Bank
Wells State Bank
(Suspended 12-12-32;
reopened 3-19-34-)
Farmers & Citizens Bank
First State Bank
(Suspended 1-5-34;
reopened 3-23-34)
Adams County State Bank
Farmers & Merchants Bank
Citizens Bank of Goodman
Citizens State Bank
La Farge State Bank
Bank of Lake Mills
Bank of Middleton
Park Savings Bank
Teutonia Avenue State Bank
Farmers State Bank
State Bank of Spring Green
Bank of Verona
West Allis State Bank
Searcy, Ark.
Clearwater, Fla*
Port Bryon, 111.
March 23
March 24
March 22
Franklin, Ind.
Reinbeck, Iowa
March 26
March 24
Wellman, Iowa
Westgate, Iowa
Odin, Minn.
March 22
March 28
March 28
Gerald, Mo.
Jansen, Nebr.
Petersburg, Nebr.
Wells, Nevada
March
March
March
March
Tiro, Ohio
Big Sandy, Texas
March 27
March 23
Adams, Wis.
Cedarburg, Wis.
Goodman, Wis.
Kiel, Wis.
La Farge, M s .
Lakemills, Yfts.
Middleton, Wis.
Milwaukee, Wis.
Milwaukee, Wis.
Spring Green, Wis.
Spring Green, Wis.
Verona, Wis.
West Allis, Wis.
March
March
March
March
March
March
March
March
March
March
March
March
March
19
23
23
19
**
**
**
*#
**
**
**
**Exact date not available.
New Banks
Marion Bank & Trust
(Succeeded Marion
Morris Plan Company
(Succeeded Morris
Private bank)
Company
Central Bank)
of Savannah
Plan Company,
Marion, Ala.
Savannah, Ga.
March 21
March 20
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
tO S lD I
Authority
iTIAL
NONMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended ^arch 28, 1934
Date of Change
(1934)
/
New Banks
(Continued)
GraettingS* State Bank
(Primary organization)
Allegany Savings Bank
(Succeeded Lonaconing Savings Bank)
Community Bank
(Succeeded Farmers & Traders Bank)
The Wharton Bank
(Succeeded Wharton Bank)
Fidelity Deposit Bank
(Succeeded First Savings & Trust Co.)
Collinsville State Bank
(Succeeded Gordonsville State Bank,
Gordonsville)
Graettinger, Iowa
March 24
Lonaconing, Md.
March 27
Warsaw, Mo.
March 2
Wharton, Ohio
March 2 6
Derry, Pa.
March 28
Collinsville, Texas
March 27
OTHER CHANGES*
Clermont Banking Company
(Suspended)
Browns Valley Bank
(Suspended)
Granite Savings Bank
(Title and location changed to
Security Savings Bank, Larchwood)
Clermont, Ga.
Feb. 26
Browns Valley, Ind.
March 26
Granite, Iowa
March 27
♦Does not include nonmember banks admitted to membership in the
Federal Reserve System, which banks appear on the list covering
licensed member banks.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
- ‘
DECLASSIFIED
Authority e . O . 10S C )
v
jflTIAL
NON-LICMSED BANKS PLACED IN LIQUIDATION OR RECEIVERSHIP#
As reported during week ended March 28, 1934
Date of Change
(1934)
Member Banks
First National Bank
First
Third
First
First
National
National
National
National
Bank
Bank
Bank
Bank
-$
*■
San Gabriel, Calif.
Greenwood, Ind.
Chestertown, Md.
Dalhart, Texas
Honaker, Va.
March
March
March
March
March
27
26
27
23
26
Nonmember Banks
United. States Savings Bank
First Savings Bank
Peoples State Savings Bank
State Savings Bank
Marysville Savings Bank
Woodland State Bank
Bank of Eldorado Springs
Farmers & Merchants Bank
Bank of Axtell
Peshtigo State Bank
Washington, D. C.
Reinbeck, Iowa
East Jordan, Mich,
Essexville, Mich.
Marysville, Midi.
Woodland, Mich.
Eldorado Springs,
Linneus, Mo.
Axtell, Nebr.
Peshtigo, Wis.
Feb. 10
March 26
March 28
March 22
Mareh 22
March 28
March 27
March 23
March 23
March 22
NQN-LICMSED BANKS WITHDRAWN FROM MEMBERSHIP
Monroe County Bank
Brinkley, Ark.
•^Includes banks absorbed or succeeded by other banks for which advice
of formal liquidation or receivership has not been received. _
March 23
Reproduced from the Unclassified / Declassified Holdings of the National Archives
declassified
Authority £.Q tCSTji
47 ^
April 7, 1934
Mr. Loeffler, Chief, Audit Division,
Federal Deposit Insurance Corp«
Mr, Smead
***
In response to your telephone request, there
is attached a s^ateaent showing the number of licensed
v
'?
4
State bank members of the Federal Reserve System on
March 31* 1934, t f states*
y
jr y W ( ^ , .
y V
C
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
- *
mmm
Authority € n . tOS*nl
or m m m state bakx members of
OK
state
11firii
flti
ATJCanSaS
Arisona
c&J4JorQjji
Colorado
MARCH
| lt
17
7
4
U
-f
*
S
5
€
4
a
4 "
25
Idaho "
Illinois
9
67
Iowa
Kansas
aj
12
Kentucky
LmH olawa
f
3
6
6
29
5
Michigan
Minnesota
M iss issip p i
M issouri
Montana
14
17
1
49
19
fznbui» m s n n srsn»
HiaiBiier
Hunber
of Bastes
Connecticut
D#Xsvax*#
District of ColtMbS*
Florida
Georgia
Maryland
Massachusetts
th b
1934
State
of Banks
Hebr&ska
Hevada
lev Hampshire
8
Si t Mexioo
a
Haw Jersey
51
Hew fork
Horth Carolina
Horth Dakota
Ohio
I*3fwt3Bk
JCel3i@8
Oregon
Pennsylvania
Bhode Island
South Carolina
South Dakota
Tennessee
xexas
Utah
1
in
10
—
m
%
5
71
a
4
22
4
56
IS
Vermont
MM
Virginia
23
Washington
West Virginia
Wisconsin
%oaing
Total
28
18
U
$
,r 931 7
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
Authority g* ,
tOS~Oi
Office Correspondence
F<5t ¥ETn o . 131
7o__Federal Reserve Board___________
From Mr. Smead______________________
..
L
FEDERAL RESERVE
BOARD
l h
o
i
Date_April 2 , 1934-______
Subject:
_
Banks licensed during the week
ended March 21, 1934-* and other changes
For the Board’s information, there are attached
hereto statements showing the following information as
reported for the week ended March 21, 1934-:
f
(1)
Member banks licensed to conduct normal
banking operations
(2)
Norunember banks authorized to conduct
normal banking operations
(unrestricted basis)
(3)
Non-licensed banks placed in liquidation
or receivership, etc*
Reproduced from the Unclassified / Declassified Holdings of the National Archives
' *
DECLASSIFIED
Authority e ()
IAL
MEMBER B A M S LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week ended March 21, 1934Date of Change
(193.
4)
ADDITIONS
Existing Membq^ Banks
Holland City State Bank
Holland, Mich,
March 15
New Member Banks
Citizens National Bank at
Belle Plaine
Belle Plaine, Iowa
(Succeeded Citizens National Bank)
Grundy National Bank
Grundy Center, Iowa
(Succeeded Grundy County National
Bank)
Security National Bank
Amboy, Minn.
(Succeeded First National Bank)
*Oakley State Bank
Buffalo, Minn.
Laurel, Mont.
*Yellowstone Bank
First National Benk in Exeter
Exeter, Nebr.
(Succeeded Wallace National Bank,
Exeter)
*Bank of Elmira Heights
Elmira Heights, N. J,
Watkins Glen,
Y.
^Watkins State Bank
Koppel, Pa.
First National Bank at Koppel
(Succeeded First National Bank)
Rockwood, Pa.
Union National Bank
(Succeeded First National Bank and
Farmers & Merchants National Bank)
First National Bank in Falfurrias
Falfurrias, Texas
(Succeeded First National Bank
of Falfurrias)
March 19
March 16
March 19
March 19
March 16
March 21
March 20
March 20
March 20
March 16
March 21
OTHER CHANGES
Altadena National Bank
Altadena, Calif.
(Absorbed by Security-First National
Bank of Los Angeles)
Peoples Trust Sc Guaranty Co.
Hackensack, N. J.
(Title changed to Peoples Trust
Company of Bergen County)
State Bank Sc Trust Company
Hackensack, N .
(Absorbed by Peoples Trust Company
of Bergen County)
Bank of Hasbrouck Heights
Hasbrouck Heights, N. J .
(Absorbed by Peoples Trust gompany
of Bergen County, Hackensack)
First National Bank in Lodi
Lodi, N. J.
(Absorbed by Peoples Trust Company of Bergen County, Hackensack)
Feb. 26
March 17
March 17
March 17
March 17
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
- *
,XAL
Authority e.O . tCS*Ci
if 4
J
MEMBER B A M S LICENSED BI THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BAMING OPERATIONS
Changes reported during week ended March 21« 1934
Date of Change
OTHER CHANGES
(Continued)
Teaneck Na^onal Bank
Teaneck, N. J •
(Absorbed by Peoples Trust Company
of Bergen County, Hackensack)
^Admitted to membership during week.
March 17
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
tOSTOf
Authority
\ ii: - ■
JNTIAL
NONMEMBER B A M S AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended March 21, 1934
Date of Change
(1934)
ADDITIONS
Existing Banks
Bank of Atkins
Atkins, Ark,
Merchants & Farmers Bank
Atkins, Ark.
Miller County Bank & Trust Company
Texarkana, Ark.
State Bank of Burnettsville
Burnettsville, Ind.
Citizens Bank
Elnora, Ind.
Slifer Savings Bank
Slifer, Iowa
Blackburn, Mo.
Farmers Bank
St. Clair, Mo.
Farmers'& Merchants Bank
Aurora, Nebr.
Farmers State Bank
Scribner, Nebr.
Farmers State Bank
Brecksville, Ohio
Brecksville Bank Company
Sylvania, Ohio
Sylvania Savings Bank Co.
Belleville, Wis.
Belleville State Bank
Evansville, Wis.
Farmers State Bank
Fairwater, Wis.
Fairwater State Bank
Juneau, Wis.
Citizens Bank
Madison, Wis.
South Side State Bank
North Milwaukee State Bank
Milwaukee, Wis.
New London, Wis,
First State Bank
Richland County Bank
Richland Center, Wis.
**Exac date not available.
March
March
March
^arch
March
March
March
March
March
March
March
March
March
March
March
March
March
March
March
March
14
14
19
16
14
17
5
14
19
19
21
19
■*
*
•*
*
**
•*
*
■■
**
New Banks
Citizens State Bank
(Succeeded Citizens Bank)
Wells Bank of Platte City
(Succeeded Wells Banking Company)
West End Bank
(Succeeded West End Savings Bank
and Trust Company)
McKenzie Banking Company
(Primary organization)
Marshfield, Mo.
March 12
Platte City, Mo,
March 10
Pittsburgh, Pa.
March 15
McKenzie, Tenn.
March 3
OTHER. CHANGES*
Jamaica State Bank
(Suspended)
Citizens Bank
(Absorbed by First National Bank)
Jamaica, 111.
February 5
Petersburg, Tenn.
March 16
•*Does not include nonmember banks admitted to membership in the Federal
Reserve System, which banks appear on the list covering licensed member banks.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
. *
Authority g, p . WSQL
ilTIAL
NON-LICENSED BANKS PLACED IN LIQUIDATION OR RECEIVERSHIP*
As reported during week ended March 21, 1934
Date of Change
....1 1 2 3, ) ,....
4
Member Bankg*
First National Bank
‘*
4
First National Bank
Peoples National Bank
First National Bank
Clifton Forge National Bank
Citizens National Bank
March 17
Lanark, 111.
Bellevue, Iowa
Bronson, Mich,
Dillonvale, Ohio
Clifton Forge, Va.
Oconto, Wis.
March 17
March 15
March 16
March 16
March 15
Dexter, Iowa
Grundy Center, Iowa
Atkinson, Nebr.
Atwater, Ohio
Groveport, Ohio
Lucasville, Ohio
Pleasant City, Ohio
Steubenville, Ohio
Junction, Texas
Claremont, V&,
March 19
March 17
Feb. 10
March 16
March 20
March 20
March 19
March 17
March 21
Feb. 26
Muscoda, Wis.
March 19
NQnmember Banks
Iowa State Bank
Grundy County Savings Bank
Security State Bank
-Hwater Savings Bank
Groveport Bank Company
Lucasville Bank
Peoples Bank Company
Citizens Commercial & Savings Bank
Bank of Junction
Peoples State Bank
(Absorbed by Bank of Surry County,
Inc., Surry)
Farmers & Merchants Bank
♦Includes banks absorbed or succeeded ty other banks for which advice
of formal liquidation or receivership has not been received,
I
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
-
?ic
Authority Er.n . 1 0 SO)
F o j a n N o . 131
s • -V.-V ^
-EederAL. Reserve. Boarc
dence
Hr H < 6 \
FEDERAL RESERVE
BOARD
Date___ March 22, 1934
S b e t Banks licensed during the week
ujc:
_ended March 14, 193A, and other—changes.z
From._Mr. Sm
ead-
FOH^Rp^LAT‘'
01
For the Boards information, there are attached hereto
Qdv. B l a c k . . . y - - -
Mr. H sm linV . Statements
•
Mr. M if la r jf c ;...
Mr. James /
showing the following information as reported for the
.......
W ft^k
led March 14, 1934:
M.Thomas
r
V
Mr. S zy m :;^
■
(1)
V
Member banks licensed to conduct normal
banking operations
(2)
Nonmember banks authorized to conduct
normal barking operations
(unrestricted basis)
(3)
Mr. M3r:'n.
Non-licensed banks placed in liquidation
or receivership, etc.
^
Mr.
Mr. B:
Mr. C^. Wor v V
Mr. He*!.
Itrr^rw»(i>
Mr.lO'
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority £
jTIAL
MEMBER BANKS LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week ended March 14* 1934D§/te of Change
( m o _____
ADDITIONS
Existing Menrtfer Banks
Cass City State Bank
Grosvenor Savings Bank
v
?
Sidney National Bank
Citizens Banking & Savings Co.
Cass City, Mich.
Jonesville, Mich.
Sidney, Mont.
Conneaut, Ohio
March
March
March
March
12
12
10
8
Pine Bluff, Ark.
March 12
Elberton, Ga.
March \2
Monroe, Ga.
March 6
Fulton, 111.
Nevada, Iowa
March 8
March 14
Shenandoah, Iowa
March 12
Lyons, Kansas
March 12
Hyannis, Mass.
Hillsdale, Mich.
March 10
March 19
Bridgeport, Ohio
^arch 8
Cincinnati, Ohio
March 12
North Bend, Oregon
March 10
Export, Pa.
March 14
Greensburg, Pa.
March 13
Crewe, Va.
March 12
Philippi, W. Va.
March 12
Baraboo, M s .
March 19
New Member Banks
National Bank of Commerce
(Succeeded Cotton Belt Bank and
Trust Company, nonmember)
First National Bank in Elberton
(Succeeded First National Bank)
National Bank of Monroe
(Succeeded Bank of Monroe, member)
♦Fulton State Bank
Nevada National Bank
Succeeded The Nevada National Bank)
City National Bank
(Succeeded Shenandoah National Bank)
Chandler National Bank
(Primary organization)
♦Hyannis Trust Company
Hillsdale County National Bank
(Succeeded First National Bank)
The Bridgeport National Bank
(Succeeded Bridgeport National Bank)
♦Peoples Bank & Savings Company
(Suspended 2-14-33;
reopened 3-12-34)
North Bend National Bank
(Succeeded First National Bank)
First National Bank of Export
(Succeeded The First National Bank
of Export)
First National Bank in Greensburg
(Succeeded First National Bank and
Trust Company)
National Bank of Crewe
(Succeeded First National Bank)
First National Bank in Philippi
(Succeeded The First National Bank)
First National Bank
(Succeeded First National Bank &
Trust Company)
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
’ *
Authority
tc<?o j
JTIAL
MEMBER BANKS LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week ended March 14. 1934
Date of Change
(1934)
New Member Banks (Continued)
First Natffcal Bank in Mayville
(Succeeded First National Bank
of Mayville)
First National Bank in Viroqu^
(Succeeded First National Bank)
The Wisconsin National Bank in
Watertown
(Succeeded Wisconsin National Banlc)
First National Bank of Waupaca
(Succeeded Old National Bank)
Mayville, ^is.
% r c h 14
Viroqua, Wis.
March 12
Watertown, Wis.
March 14
Waupaca, Wis.
^arch 15
OTHER CHANGES
Farmers & Merchants State Bank
(^itle changed to Bank of Lakeview)
Ridgefield Park-Overpeck Trust Co.
(Title changed to Ridgefield Park
Trust Company)
^Admitted to membership during week
Lakeview, Mich.
Ridgefield Park,
Feb. 13
j.
Feb. 7
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority £ n IC ;SC \
>
JTIAL
NONMEMBER BAMS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended March 14, 1934
Date of Change
(1934)
ADDITIONS
Existing Banks
Wanatah, Ind.
Hartwick, Iowa
Middletown, Md.
Carthage, Miss.
March 6
March 13
March 8
Feb. 19
Heartwell, Nebr.
Fox Hill, Va.
Wanatah State Bank
Hartwick l^lkte Bank
Middletov/n Savings Bank
Carthage Bank
(Suspended 12-4-31;
reopened 2-19-34)
Heartwell State Bank
Bank of Fox Hill
(Suspended 7-22-33;
reopened 3-12-34)
March 10
March 12
Persia, Iowa
March 14
Winfield, Iowa
March 8
Warrenton, Mo.
March 5
Ambridge, Pa.
March 8
Glassport, Pa.
March 9
New Banks
Home Savings Bank
(A 'Combination
Persia Savings
Bank and Peoples Savings Bank)
Peoples State Bank
(Succeeded Bank of Winfield)
Warren County Bank
(Assumed part of deposit liability of
Bank of Warren County, Warrenton)
Economy Bank
(Succeeded Ambridge Savings & Trust
Company, SM)
Bank of Glassport
(Succeeded Glassport Trust Company)
OTHER CHANGES*
Saline County Banking Company
(Suspended)
Scenic Highlands State Bank
(Suspended)
Citizens Bank
(Placed on a restricted basis)
Citizens Bank
(Placed on a restricted basis)
Morrison County State Bank
(Suspended)
Weehawken Trust & Title Company
(Title changed to Weehawken Trust Co.)
I
Benton, Ark.
March 7
Babson Park, Fla,
Jan. 18
Elnara, ^nd.
March 12
Forest, Ind.
March 12
Bowlus, Minn.
March 5
Union City, N. J (
Feb. 27
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
• 4
Authority € n . t 0 5 0 i
.NTIAL
i*
»
NONMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended March 14, 1934Date of Change
(1934)OTHER CHANGES'*
(Continued)
Farmers SISRte Bank
.
Arnegard, N. D.
(Title and location changed to
First International Bank,*.Watford City)
March 5
*Does not include nonmember banks admitted to membership in the Federal
Reserve System, which banks appear on the list covering licensed member banks.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
• *
Authority e . o . tO^Ol
j
CNTIAL
NON-LICENSED B A M S PLACED IN LIQUIDATION OR RECEIVERSHIP*
ks reported during week ended March 14-> 193U
Date of Change
(1934)
Member Banks
First National Bank
City Natiqsgil Bank
First National Bank
First National Bank
First National Bank
Silverton, Colo.
Ridge Farm, 111.
Urbana, 111.
Edinburg, Texas
Mana wa, Wis.
March
March
March
March
march
1
8
13
9
Hamlin, Iowa
Joice, Iowa
March 10
March 2
Dryden, Mich.
Parma, Mich.
Peck, Mich.
Sikeston, Mo.
Verona, “o.
Haig, Nebr.
West Manchester, Ohio
March
March
March
March
Man&h
March
March
U
Nonmember Banks
Fsirraers Savings Bank
Farmers Trust & Savings Bank
(Absorbed by Farmers & Merchants
State Bank, Lake Mills)
Dryden State Bank
First State Bank
State Savings Bank
Sikeston Trust Company
Farmers State Bank
State Bank of Haig
First State Bank
14
U+
8
8
8
8
14
NON-LICENSED BANKS WITHDRAWN FROM MEMBERSHIP
Eastern Oregon Banking Company
Greenfield Bank
Shaniko, Oregon
Greenfield, Tenn.
*Includes banks absorbed or succeeded by other banks for which advice
of formal liquidation or receivership has not been received.
March 10
March 10
Reproduced from the Unclassified I Declassified Holdings of the Nat onal Archives
DECLASSIFIED
Authority C .q . {CSV!
f
*
ice Correspondence BR
0D
A
FEDERAL RESERVE
To.____ Federal Reserve B oard_________
.
Frnm
Mr. Sinead
^/
*. H m i U
r aln
___________________
.. •■
.........
9 M .... > ‘hereto
r :if-r 'r*'
. ,
tr. J a m o s . . v y . .
lr. Szym;2 ak ” .
'
SubjectBanks licensed during the week
ended March 7 and other changes.
For theHkoard’s information, there are attached
statements showing the following information as reported
the week ended March 7, 193As
,,.
r fh, ' '
" /r:'
;
L -..
iw M 15,1934
arch
’
(1)
Member banks licensed to conduct normal
barfcing operations
W
Nonmember banks authorized to conduct
normal banking operations
(unrestricted basis)
(3)
Non-licensed banks placed in liquidation
or receivership, etc.
.
r
.
/
r C - 'r f /
c
r ?;
.
rc
_
..
ase m is
...
eitecfc
Irtr t
eun a
, x
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
. '
Authority g (J jCS'O)
/IDENTICAL
MEMBER BANKS LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week ended March 7, 1934
Date of Change
(1934)
ADDITIONS
Existing Member Banks
First National Bank
Bolivar National Bank
Englewood, ^olo.
Bolivar, Pa.
March 5
March 5
Santa Ana, Calif,
March 5
New Albany, Ind,
March 6
Lenox, Iowa
March 1
Villisca, Iowa
March 2
Stanford, Ky.
March 2
Brunswick, Md.
March 3
Cambridge, Mass.
Woburn, %ss.
March 6
March 1
Chelsea, Mich.
Feb. 28
Clarion, Pa.
March 3
Auburn, Wash.
Feb. 28
Kairna, Wash.
March 3
New Member Banks
First National Bank in Santa Ana
(Succeeded First National Bank of Santa Ana)
Union National Bank
(Succeeded Second National Bank of
New Albany)
First National Bank in Lenox
(Succeeded First National Bank, Lenox)
The Nodaway Valley National Bank of Villisca
(Succeeded Villisca National Bank)
First National Bank in Stanford
(Succeeded First National Bank of Stanford)
Peoples National Bank in Brunswick
(Succeeded Peoples National Bank)
♦County Bank and Trust Company
Tanners National Bank in Woburn
(Succeeded The Tanners National Bank
of Woburn)
Chelsea State Bank
(A consolidation of Farmers & Merchants Bank,
Chelsea, and Kempf Commercial & Savings
Bank, Chelsea, members)
First National Bank in Clarion
(Succeeded First mtional Bank of Clarion)
Auburn National Bank
(Succeeded The Auburn National Bank)
♦Kalma State Bank
OTHER CHANGES
Monroe, Ga.
Bank of Monroe
( C o n v e r t i d to The National Bank of Monroe)
Joplin, Mo.
Conqueror-First National Bank
(Title changed to First National Bank)
Newark, N. J.
South Side National Bank & Trust Company
member)
(Absorbed by West Side Trust Company, State
♦Admitted to membership during week.
March 5
March 1
March 3
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority e . n
tC :ro i
.'TDENTIAL
NONMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended March 7, 1934Date of Change
ADDITIONS
Existing Ban&s
- =^r
Farmers Savings Bank
Farmers Savings Bank
Palo Savings Bank
Hardin Trust Company
Commereial Bank
Sumner Exchange Bank
Funk State Ban
Bank of Rich Square
Bessemer State Bank
Farmers”& Merchants State Bank
(Suspended 12-11-33;
reopened 3-6-34-)
Pioneer State Bank
State Bank of Cross Plains
Montello State Bank
Walworth State Bank
Farmers Sc Traders Bank
Joice, Iowa
Martelle, Iowa
Palo, Iowa
Hardin, Missouri
Oak Grove, Missouri
Sumner, Missouri
Funk, Nebr.
Rich Square, N, C.
Bessemer, Pa.
Scotland, S. D.
March 3
March 3
March 3
March 1
Nov. 16, 1933
Feb. 24
Feb. 28
Feb. 28
March 5
March 6
^oldendale, Wash.
Cross Plains, Wis.
Montello, Wis.
Walworth, Wis.
Wrightstown, Wis.
March
March
ii
Varch
^arch
March
Benton, Ark.
March 3
Wichita, Kans.
March 1
Grand Rapids, Mich.
March 1
Linesville, Pa.
F eb. 28
Eutawville, S. C.
March 5
Woodruff, S. C.
March 1
3
6
6
6
6
New Banks
Benton State Bank
(Primary organization)
Kansas State Bank
(Primary organisation)
Central Bank
(Primary organization)
Farmers & Merchants Bank
(Succeeded Linesville State Bank)
Eutawville Depository
(Primary organization)
Woodruff Depository
(Primary organization)
OTHER CHANGES*
March 1
Chicago, 111.
Edgewater Trust & Savings Bank
(Suspended)
March 6
Montmorenci, Ind.
Montmorenci Bank
(Suspended)
March 3
Homewood, Kansas
Peoples State Bank
(Absorbed by Peoples National Bank, Ottawa)
March 5
Jetmore, &ans.
Citizens State Bank
(Absorbed by Farmers State Bank)
Feb. 21
E. K. Warren & Co. Inc. Bank
Three Oaks, Mich.
(Title changed to Bank of Three Oaks)
“' D e not include nomnernber banks admitted to membership in the Federal Reserve
'-os
System, which banks appear on the list covering licensed member banks.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
Authority e.O . (C S ftj
FIDENTIAL
NON-LICMSED BANKS PLACED IN LIQUIDATION OR RECEIVERSHIP?As reported during week ended March 7» 1934Date of Change
(19341._ 1_
Member Banks
%
Jackson National Bank
Lincoln National Bank
American National Bank of WcxsQstock
First National Bank
First National Bank
Stockgrowers & Farmers National Bank
National Bank of Olney
Farmers & Merchants National Bank
Jackson, Ga.
Lincoln, 111.
Woodstock, 111.
East Rutherford, N. J
Lyndhurst, ^ . J.
Wallowa, Oregon
Philadelphia, Pa.
Onley, Va.
Feb. 24
March 2
iarch 2
W
March 1
March 5
%irch 6
March 6
March 3
Nonmember Bank*
Crossville, Ala.
First Bank of Crossville
Washington, D. C.
Mt, Vernon Savings Bank
(Absorbed by Washington Mechanics Savings Bank)
Baxter, Iowa
Peoples State Savings Bank
Deals Island, Md.
Deals Island Bank
Warrenton, Missouri
Bank of Warren County
Abie, Nebr.
Able State Bank
Central City, ^ebr.
Platte Valley State Bank
Englewood,
J.
Englewood Title Guarantee & Trust Co.
Harmony, N. C.
Harmony Banking & Trust Company
Bank of Leicester
Leicester, N. c.
Farmers & Merchants State Bank
Downsville, Wis.
Peoples Bank of Wrightstown
West Wrightstown, Wis.
Feb. 28
March 2
March
March
March
March
March
March
March
March
March
March
3
7
3
6
5
1
2
3
1
1
OTHER CHANGES
Le Roy State Bank
(Title and location changed to Reed City
State Bank, Reed City)
Le Roy, Mich.
March 1
NON-LICENSED BANKS WITHDRAWN FROM MEMBERSHIP
Atwater Savings Bank Company
Union Trust Company
Bank of Beaverton
Atwater, Ohio
Newark, Ohio
Beaverton, Ore.
March 1
March 5
March 6
-''-Includes banks absorbed or succeeded by other banks for which advice
of formal liquidation or receivership has not been received.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority g.o, tOS^O)
F o r m N o . 131
Office Correspondence
X
If- tj
y
FEDERAL RESERVE
BOARD
To___ Mr. Horbett
Dafe
March Li. 193Z.
Subject:
From Mr. Kennedy
The followin^national banks have canceled their
Federal Reserve bank stock prior to December 31, 1933, by
application of conservator, but are included in Mr. Kanefs
December 31 abstract of non-licensed national banks:
Boulder National Bank
Boulder, Colo.
First National. Bank
Boulder, Colo.
Citizens National Bank
Belle Plaine, Iowa
First National Bank
Hawarden, Iowa
First National Bank
Barbourid.ile, Ky.
National Bank of John A. Black
Barbourville, Ky.
First National Bank
Stanford, Ky.
Old-Merchants National Bank
& Trust Compare of Battle Creek
Battle Creek, Mich.
First National Bank
Garfield (P. 0. Passaic) N. J.
First National Bank
Gouverneur, N. I.
First Merchants National Bank
& Trust Company
Middletown, N. Y.
Greenville National Bank
Greenville, Ohio
First National Bank & Trust Co.
Tarentum, Pa.
The Montpelier National Bank
Montpelier, Vt.
Fiist National Bank
pepperell (P. 0. East pepperell) Mass.
Edisto National Bank
Orangeburg, S. C.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
Authority
tOS'O)
J p r m N o . 131
fice Correspondence
^
FEDERAL RESERVE
BOARD
^ T y^Fftdfiral Reserve Board____ ______
From Mr. Sinead_______________________
Subject:
Date
Banks licensed during the week
_ended February 28 and other changes.
F Rcfwi&y statements showi^ the following information as reported
O jccat
ce--week ended February 28, 1934-:
M. Hmi
r aln
M . Mls.
r ilr
M . Jr;
r sr :
/
(1)
Member banks licensed to conduct normal
banking operations
Mr. Thor,:
m.'rp-,
‘ (2)
.
%/jT
Mr,
Mr. W orriih
Mr. Bg'J-:,
s .;
Mr. C s rr,! •?..
Mr. f : .
ta
:
: t- (3)
:v
...
'I&r. Paul^r,
MrysK,
rWrt',
Ha> fa® -- sfet
es? lt -- Jtef
-and fsiurtv
f
o
■U I
■
■
March 14, 1934-
For the Board1s information, there are attached
Gov. Black.
/ 0
Nonmember banks authorized to conduct
normal banking operations
(unrestricted basis)
Non-licensed banks placed in liquidation
or receivership, etc.
i*
#
- '
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority e .C . tC SV t
<IDENTIAL
MEMBER BANKS LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week ended February 28, 1934
Date of Change
(1934)
ADDITIONS
Existing Member Banks
Palisades National Bank
First National Bank
Williamston State Bank
Farmers National Bank
First National Bank
Palisade, Colo.
Milton, Del.
Williamston, Mich,
Colfax, Wash.
Walla Walla, Wash,
Feb.
Feb.
Feb.
Feb.
Feb.
26
28
28
26
21
Newman, Calif.
Boulder, Colo.
Feb. 28
Feb. 23
Charleston, 111.
Feb. 23
Granville, 111.
Feb. 27
Council Bluffs, Iowa
Feb. 24
Garner, Iowa
Feb. 28
Owenton, Ky.
Feb. 23
Lansing, Mich.
Feb. 26
Utica, Mich.
Feb. 24
Aurora., Nebr.
Feb. 21
Grand Island, Nebr.
Feb.
21
Kings Park, N. Y.
Feb.
21
Oxford, N. Y.
Feb. 23
Toledo, Ohio
Feb, 26
Perry, Okla.
Feb. 21
Cambridge Springs, Pa.
Feb. 26
New Member Banks
♦Bank of Newman
First National Bank in Boulder
(Succeeded First National Bank of
Boulder and Boulder National Bank)
Charleston National Bank
(Succeeded National Trust Bank)
Granville National Bank
(Succeeded First National Bank)
First National Bank in Council Bluffs
(Succeeded First National Bank of
Council Eluffs)
Hancock County National Bank
(Succeeded Farmers National Bank)
First National Bank in Owenton
(Succeeded First National Bank
of Owenton)
Lansing National Bank
(Succeeded Capital National Bank)
Utica National Bank
(Succeeded First National Bank)
First National Bank in Aurora
(Succeeded First National Bank
of Aurora)
Overland National Bank
(Succeeded Nebraska National Bank)
The National Bank of Kings Park
(Succeeded Kings Park National Bank)
The National Bank of Oxford.
(Succeeded First National Bank)
The National Bank of Toledo
(Succeeded First National Bank)
First National Bank in Perry
(Succeeded First National Bank of Perry)
Springs-First National Bank in
Cambridge Springs
(Succeeded Springs-First National Bank
of Cambridge Springs)
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
- *
Authority & n . tOS'O)
/tPEN
TIAL
/
MEMBER BANKS LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week ended February 28, 1934
Date of Change
___(19141____
New Member Banks
(Continued)
First NaticSal Bank in Breckenridge
(Succeeded First National Bank of
Breckenridge)
*Security State Bank
First National Bank
(Succeeded Oak Hill National Bank)
*Bank of Rainelle
Breckenridge, Texas
Feb. 26
Pearsall, Texas
Oak Hill, W. Va.
Feb. 28
Feb. 26
Rainelle, W, Va#
Feb.
27
Feb.
26
Hardwick, Calif,
Feb.
21
Clay City, Ind.
Feb. 15
Calvin, Okla.
Feb. 24
Pearsall, Texas
Feb. 24
OTHgR CHANGES
Altadena National Bank
(Absorbed by Security First
National Bank, Los Angeles)
First National Bank
(Absorbed by First National Bank,
Riverdale)
* First National Bank
(Absorbed t y Farmers & Merchants
r
Bank, nonmember)
< First National Bank
(Absorbed by First National Bank,
Holdenville)
Pearsall National Bank
(Absorbed by Security State Bank,
member)
* Admitted to membership during week.
Altadena, Calif.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority | r , 1C St))
r >
NFIDENTIAL
NOMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended February 28, 1934.
Date of Change
(1934-)
ADDITIONS
Existing B^aks
Farmers State Bank
(Suspended 7-25-33;
reopened 2-21-34)
Broadway State Savings Bank
State Savings Bafik
Gibson Savings Bank
State Bank of Schaller
Citizens Bank
Peoples Bank of Leslie
Bank of Raymondville
Commercial Bank
Farmers Bank
Bank of Taylor
Hudson River Trust Company
(Suspended -1-2-34-5
reopened 2-26-340
Citizens Bank
Wisconsin State Bank
New Lisbon State Bank
Mitchell Street State Bank
Westfield State Bank
First Bank of White Bluffs
Medora, 111.
Feb. 21
Quincy, 111,
Council Bluffs, Iowa
Gibson, Iowa
Schaller, Iowa
Keedysville, Md.
Leslie, Mich.
Raymondville, Mo.
Bassett, Nebr.
Clatonia, Nebr.
Taylor, Nebr.
Hudson, N. I.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Jan.
Feb.
Feb.
Feb.
Feb.
Delavan, Wis.
Delavan, Wis.
New Lisbon, Ms.
Milwaukee, Wis.
Westfield, Wis.
White Bluffs, Wash.
19
26
26
26
27
23
27
21
21
8
26
Not available
Not available
Not available
Not available
Not available
Feb. 26
Nev; Banks
Charlevoix County State Bank
(Primary organization)
Charlevoix, Mich.
Feb. 24
-.
OTHER CHANGES*
farmers & Merchants Savings Bank
(Absorbed ty First National Bank)
Flossmoor State Bank
(Suspended)
Farmers State Bank
(Suspended)
Farmers State Bank
(Absorbed by First National Bank)
Bank of Seward
(Suspended)
Farmers & Merchants State Bank
(Placed on restricted basis)
Santa Ana., Calif.
Feb. 21
Flossmoor, 111.
Feb. 2 4
Schaumburg, 111.
Jan. 17
Tuscola, 111.
Jan. 6
Burket, Ind.
Feb. 28
Darlington, Ind.
Feb. 27
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority
tCSOi
/ N IA
ET L
NONMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended February 28, 1934.
Date of Change
............... .........M
4 I
-
...........
O H R C A G S (Continued)
T E H N E#
Thrift TrustCompany
(Placed Ot restricted basis)
T
Quinter State Bank
(Absorbed by First National^-Bank)
Averill State Bank
(Liquidating)
George R. Granby Son
(Merged with Hiram Maxfield State Bank)
Texas State Bank
(Absorbed by First National Bank in
Breckenridge)
State-PAanters Bank
(Absorbed by State-Planters Bank and
Trust Company, Richmond, m ber)
em
Farmers & Merchants State Bank
(Liquidating)
Valparaiso, Ind.
Feb. 27
Quinter, Kans.
Feb. 21
Averill, Minn.
Dec. 26, 1933
Naples, N Y.
.
Feb. 19
Breckenridge, Texas
Feb. 26
Hopewell, Va.
Feb. 24
Malden, Wash.
Feb. 10
*Does not include nonmember banks admitted to membership in the Federal
Reserve System, which banks appear on the list covering licensed
member banks.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
, '
Authority
IPX)
S>
9
i
1
\
8
A CONFI D E N T IAL
NON-LICENSED BAMS PLACED IN LIQUIDATION OR RECEIVERSHIP*
As reported during week ended February 28,
193A
Date of Change
(1934)
Member Banks
Aurora Sttional Bank
First National Bank
Citizens National Bank
Coldwater National Bank
First National Bank
First National Bank
Dover National Bank
First National Bank
First National Bank In Gallitzin
First National Bank
Farmers National Bank
Narberth National Bank
First National Bank
Citizens National Bank
First National Bank
Farmers National Bank
First National Bank
First National Bank
Old National Bank
Aurora, 111.
Hartford City, Ind.
Eureka, Kansas
Coldwater, Mich.
Howell, Mich.
Bangor, Pa.
Dover, Pa.
Forest City, Pa.
Gallitzin, Pa.
Gratz, ^a.
Oxford, Pa.
Narberth, Pa.
Patton, Pa.
Shenandoah, Pa.
Shenandoah, Pa.
Somerset, Pa.
Coeburn, Va.
Soldiers Grove, Wis.
Waupaca, Wis.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
21
27
23
21
21
26
26
26
26
28
27
28
28
28
28
15
27
21
28
Nonmember Banks
First Bank of Crossville
Crossville, Ala.
Griffith State Bank
Griffith, Ind.
Worthington Exchange State Bank
Worthington, Ind.
(Absorbed by Worthington State Bank, member)
Worthington Trust Company
V-orth uigton, Ind.
(Absorbed by Worthington State Bank, member)
Deloit, Iowa
State Savings Bank
Beloit, Kansas
Beloit State Bank
(Absorbed by Guaranty State Bank)
Caruthersville, Mo.
Bank of Caruthersville
Dallas, N. C.
Bank of Dallas
Union, Nebr.
Bank of Union
Eastman, Wis.
State Bank of Eastman
(Absorbed ty Prairie City Bank,
Prairie du Chien)
Lynxville, Wis.
Lynxville State Bank
(Absorbed by Prairie City Bank,
Prairie du Chien)
West Bend, Wis.
Bank of Yiest Bend
(Absorbed by First National Bade)
NON-LICENSED BAMS WITHDRAWN FROM MEMBERSHIP
American State Bank
Washington Savings Bank
Frankemnuth, Mich.
Washington, Mich.
Feb. 28
Feb. 26
Dec. 18, 1933
Dec. 18, 1933
Feb.
Feb.
Feb.
Feb.
Feb.
28
26
26
19
Feb. 19
Feb. 19
Feb. 23
Feb. 23
^Includes banks absorbed or succeeded by other banks for which
advice of formal liquidation or receivership has not been received.
2A
Feb. 2A
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority g n . tOS'Oi
;
TE)U£GRAM
_ 5' «t : sr nvr B ,(ofiLE
o,i |
FEDERAL. RESERVE SYSTEI
(LEASED W IR E SER V IC E)
RECEIVED A T W ASH IN GTO N , D. C .
16—794
! > i MAR 12
9!'
85dfli^
44
^
Cleveland meh
mrtim , f
PM 3
r
540p
Board,.
Waaha
,.
;v
Ploaaa have Secretary df TreasOTy rush authority to issue lieeasi
The. Peoples Bank and SaWiags (company, Cincinnati Ohio,
The f have advertised opening/tomorrow and are very
* i
/
afe@mt not reeeiviag a&vieeirr©® this office that
issued.
Fleming
1—9
6 74
54§p®
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
Authority
N o . 131
/<3S~Q)
Correspondence
Federal Reserve Board
Mr. Smead
FCS C C L T N
IR U A IO
? D
FEDERAL RESERVE
BOARD
|j ie
a.
Subject;
/
March 8, 1934-
Banks licensed during the week
ended February 21 and other changes*
For the Board’s information, there are attached hereto
& v Bak .V.. .atatements- showing the following information, as reported for the
> . lc.
.
M H lin Vf.„
r. am
M Miifor.
r.
ek ended February 21, 1934:
M James
r.
Mr. Thom
as
M Szymc2ak
r,
(1) Member banks licensed to conduct normal
Mr.' O'Octtoi: .y ; . . . .
banking operations
M Marlin.. y/> /
r.
M Morn!!.
r.
(2) Nonmember banks authorized to conduct
M
r.
normal banking operations
M Carpenter
r.
(unrestricted basis)
M N
r. oe!!.
Mi^Smesi
(3) Non-licensed banks placed in liquidation
M 'C !dtji,n
rT i/1
.jr.
or receivership, etc.
M Pauigar
r.
Mr’W
ji'ett"................
*
Please note — chsck
B return io
fid
M
tr^CSrpeivier /
i0
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority
(CS'Ol
dDENTIAL
MEMBER BANKS LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week ended February 21« 1934Date of Change
, 0-2M)________
ADDITIONS
Existing Member Banks
I
*
Alamosa National Bank
First National Bank
First National Bank
Pearsall National Bank in Pearsall
First National Bank
Yakima Valley Bank & Trust Company
Alamosa, Colo.
Greenwood, N . Y.
Byesville, Ohio
Pearsall, Texas
Walla Walla, Wash.
Yakima, Wash.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
21
24
16
17
21
14
New Member Banks
♦Monterey County Trust & Savings Bank
Salinas, Calif.
First National Bank in De Kalb
De Kalb, 111.
(Succeeded First National Bank
of De Kalb)
First National Bank in East Peoria
East Peoria, 111.
(Succeeded First National Bank
of East Peoria)
Lostant, ^11.
♦Farmers State Bank
Ludington, Mich.
National Bank of Ludington
(Succeeded First National Bank & Trust Co.)
Marshall, Mich.
First National Bank in Marshall
(Succeeded First National Bank
of Marshall)
Omaha, Nebr.
Packers National Bank in Omaha
(Succeeded Packers National Bank
of South Omaha)
Guttenberg, N. J.
Liberty National Bank in Guttenberg
(Succeeded Liberty National Bank
of Guttenberg)
Dillonvale, Ohio
First National Bank at Dillonvale
(Succeeded First National Bank
of Dillonvale)
Durant, Okla.
First National Bank in Durant
(Succeeded First National Bank o£ Durant)
George West, Texas
First National Bank in George West
(Succeeded First National Bank of George
West, Texas, which suspended 8-2-32)
Plainview, Texas
City National Bank
(Succeeded Plainview State Bank, nonmember)
Webster Springs, W. Va.
Webster Springs National Bank
(B ucceeded First National Bank)
Feb. 17
Feb. 17
Feb. 19
Feb. 21
Feb. 23
Feb. 19
Feb. 15
Feb. 23
Feb. 20
Feb. 16
Feb. 19
Feb. 20
Feb. 20
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority
jc^ Q )
.JE T L
N IA
MEMBER BANKS LICENSED BX THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week ended February 21, 1934
Date of Change
■-3).
P94,
OTHER CHANGES
National Bank & Trust Company
Jamestown, N. D*
(Title changed to National IJjnk of
Jamestown)
Skagit National Bank
Mount Vernon, lash,
(Absorbed by First National Bank, Seattle)
* Admitted to membership during week.
I
Feb. 13
Feb, 14
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority e.O . tC&O)
-iDENTIAL
NONMEMBER BANKS AUTHORIZED TO COMDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended February 21♦ 1934
Date of Change
(1934)____
ADDITIONS
Existing Band's
Corydon State Bank
Donahue Savings Bank
First State Bank
Bank of Inverness^
Home State Bank
Farmers State Bank
Home Bank
(Suspended 11-21-33;
reopened 2-21-34)
Bank of Franklin
Washington County Bank
Guaranty Bond State Bank
Farmers Bank
Corydon, Ind.
Donahue, Iowa
Holly Springs, Miss.
Inverness, Miss.
Homer, Nebr.
Humphrey, Nebr.
Ohiowa, Nebr.
Feb.
Feb.
Feb.
Feb.
Feb.
Jan.
Feb.
19
20
19
19
15
31
21
Franklin, N. C.
Banks, Oregon
Miles, Texas
Boydton, Va.
Feb.
Jan.
Feb.
Feb.
14
11
15
16
Cameron, Mo.
Feb. 13
Pleasant Hil}., Mo.
Feb. 16
Naples, N. Y.
Feb. 6
New Banks
Farmers State Bank
(Succession of Farmers Bank)
Pleasant Hill Bank
(Succession of Pleasant Hill Banking Co.)
Hiraa Maxfield State Bank
(Succeeded Hiram Maxfield Bank, Private)
OTHER CHANGES'*
Bank of Bisbee
Bisbee, Ariz.
Feb.
(Suspended)
Fort Wayne, Ind.
Feb.
Dime Savings & Trust Company
(Title changed to Dime Trust & Savings Co.)
Feb.
Lawrence, Ind.
Lawrence State Bank
(Suspended)
Jan.
Perrysville, Ind.
Perrysvilie Bank
(Suspended)
Feb.
Hermann, Mo.
Farmers & Merchants Bank
(Placed on restricted basis)
Bennettsville, S. C.
Dec.
Bank of Marlboro
(Suspended)
Jan.
Conway, S. C.
Conway Savings Bank
(Absorbed by Conway National Bank)
Feb.
Houston, Texas
Federal Trust Company
(Suspended)
Feb.
Plainview, Texas
Plainview State Bank
(Succeeded ty City National Bank)
*Does not include nonmember banks admitted to membership in the Federal
System, which banks appear on the list covering licensed member banks.
19
15
15
19
13
31, 1933
30
16
20
Reserve
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
■ "
w
Authority e.O . tOSOl
ilD TIAL
EN
NON-LICENSED BANKS PLACED IN LIQUIDATION OR RECEIVERSHIP*
As reported during week ended February 21, 1 3 4
9,-
Date of Change
(1934)
Member Banks
Aurora National Bank
-j
5T
First National Bank
Macon Ridge National Bank
Coldwater National Bank
First National Bank
First National Bank of Marshall
Newtown National Bank
Elmhurst National Bank
First National Bank
21
19
Aurora, 111,
Ness City, Kansas
Delhi, La,
Coldwater, Mich.
Howell, Mich.
Marshall, Mich.
Corona, “ . Y,
Elmhurst, N. y.
Soldiers Grove, Wis.
Feb.
Feb.
Feb.
Feb,
Feb.
Feb.
Feb,
Feb,
21
21
15
21
21
21
Fountain Hill, Ark.
Williams, Ind.
Applegate, Mich.
Muskegon Heights, Mich.
Rockwood, Mich,
Martin City, Mo.
Wilcox, Nebr,
Faison, N. C.
Graham,
C.
Maiden, H. C.
Mount Airy, N. C.
Newport,
c.
Bryan, Ohio
McKenzie, Tenn,
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb,
Feb.
Feb,
Feb,
19
16
20
20
20
21
19
16
5
15
15
5
21
15
Feb* 21
N em Banks
onm ber
Fountain Hill Bank
Williams Bank
State Bank of Applegate
First State Savings Bank
Rockwood State Bank
Martin City State Bank
Exchange Bank
Bank of Faison
Citizens Bank
Maiden Bank
Bank of Mount Airy
Bank of Newport
Union Savings Bank
Commercial Bank
*Includes banks absorbed or succeeded ty other banks for which
advice of formal liquidation or receivership has not been received.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
,
- '
V
DECLASSIFIED
Authority g*
n . tOS'Oi
a o M W B E R wance oa>j.
tm m-wa. s m s e s
rT “ jgyjtor. of .Bmk§______ .,
T*
Hat
total : lAoanesd
fot«X
j
m m
I& okunmI
:: Hot licensed
DISTRICT HO. 1
Connecticut
50
Maine
26
m/m
*•
3
51fS'39
37*242
14,597
a
138*920
135,791
2,729
23
50
90,790
$0
**
Massachusetts
52
*
New Hampshire
Rhode Island
Vermont
To tal
13
9
9
m
*1
3
176
19,299
m ,m
81t338
SI,338
2
&ird^L
57*428
Afim
7
444*117
4^-,388
21*729
13
,
m
—
_
DISTRICT NO. 2
Connecticut
10
1t
f
New Jersey
H
74
63,160
to
m .p 19
B
zy *»m
22* ? 5
'
1
695.2£a
«2.527
12.755
11
1*020*263.
985,171
15,090
40,153
40,153
New York
209
m
Total
311
TOO
Delaware
27
m
New Jersey
.0
3
m
1
76*905
75,266
139
Pennsylvania
220
191
19
307,05a
244.722
42,330
Total
267
247
20
423*210
330,741
42,469
Kentucky
m
110
46*374
46,374
—
*
Ohio
iZ
*-
165
57
270,8a
223,820
47,041
Pennsylvania
115
ica
u
207,374
187,033
^ ,341
16
15
1
U»219
10,341
6m
599
n
535*S2S
467,4[
'€
68,360
u
10
1
39*922
39,293
624
Maryland
113
104
9
117*316
111,830
5,486
North Carolina
169
15a
17
SI,312
79,904
1,438
South Carolina
no
101
9
42*084
40,620
1,464
Virginia
167
167
31,023
81,023
35*^4
3",673
2,321
336,348
U.-33
DISTRICT NO. 5
DISTRICT NO. k
West Virginia
Total
DISTRICT NO. <
5
Dist. of Col.
West Virginia
Total
72
642
.
—
65
7
599
43
m
—
(B-IS9)
Reproduced from the Unclassified / Declassified Holdings of the National Archives
- *
DECLASSIFIED
Authority e . n. t c s n i
■
Mmm aunts m m was m: „ .rasa
1....Susalta oi
1
et
,
basks
...."............... Itettoslt**
total
, 1 A saaaat.
total
tiiltffflfHWl
Licenaad
-.. ..... ..... »
DISTRICT WO. 6
Alabama
%
Florida
m
Georgia
124
11
27,933
22,199
5,734
90
9
i
31,926
30,191
45,352
41,144
1,735
188
X
32,366
32,258
108
32*794
32,794
m
99
Louisiana
6i
60
Mississippi
80
80
157
156
2
.
43*216
43,086
130
730
707
23
213,587
205,692
7,895
m
362
m
m
142,486
142,486
«»
*
346
299
m
180,192
154,461
25,731
565
396
m
183,346
138,126
45,220
331
220
m
213,135
145,551
67,584
427
303
124
178,455
139,173
39,282
2,031
1,580
451
897,614
719,797
177/817
161
21
31,569
27,948
3,621
4 a ,086
48,086
—
15
32,787
29,808
2,979
Tennessee
Total
■<
DISTRICT HO. 7
Illinois
Indiana
Iowa
Michigan
Wisconsin
To tal
DISTRICT 110. g
Arkansas
Illinois
Indiana
Kentucky
Mississippi
Missouri
Tennessee
174
174
97
82
209
209
—»
65,954
65,954
m
101
2
39,334
38,958
376
485
393
92
110,202
94*640
15,562
98
97
1
,,224
20,815
409
131
349,156
326,209
22,947
3
8,873
7,998
875
111,823
111,823
1,352
Total
i , m
a
DISTRICT 1T0. 9
21
18
460
ipNV
PiF
460
64
60
4
14,693
14,272
421
144
135
9
14,420
13,294
1,126
126
126
—
18,462
18,462
—
112
82
30
32.224
24,170
8,054
927
881
46
200,495
190,019
10,476
Michigan
Minnesota
Montana
Horth Dakota
South Dakota
Wisconsin
Total
....
—
Reproduced from the Unclassified I Declassified Holdings of the National Archives
>
- *
DECLASSIFIED
Authority e n.
B R sBv s m m m m a * ms i b s
Oj t M
u
n
wm u s
foer of Bank.L ..... ...L ....... .
.
not
'
Tota j
:
j fettfl :
fin
.
| f o lAmnmd
?t
DISTRICT NO. 10
-^73
f
. m
551
i
m
135
U
Colorado
Kansas
Missouri
10
New Mexico
m
Oklahoma
To tal
104,933
70
43,166
40,245
2,921
52,255
42,606
9,449
2,$63
2f
S63
10
6
191
29
Wyoming
m 9m $
75
271
Nebraska
915
M
"
15,74a
ifm
29
1,264
35*300
i% m
**
*
1,851
9,764
265,514
m
250, m
15,^06
DISTRICT NO. 11
£
a
Louisiana
60
57
New Mexico
T
7
11
4,776
4,776
•*
*
19,596
19,290
306
mm
1,593
1,593
—
10
I
1,536
1,396
140
4*1
408
7
100,362
m
m
Arizona
Oklahoma
Texas
Total
3
U
127,863
1*641
125,7%
2,067
DISTRICT NO. 12
$
Arizona
California
m
$
5,785
5tW
lai
6
n
m
m
11,395
11,395
403,790
4,765
Idaho
si
Nevada
f
6
i
3*374
1,068
Oregon
53
46
7
19,850
.18,104
Utah
2B
4t
f
If,079
19,079
Washington
Total
Total United States
1,666'
m
101
6
25,023
24,U0
913
356
336
20
438,296
410,666
7,630
5,363,592
i^m9
m
423,009
9,536
m
♦Figure# are m of tteQmkmr 30* 1931* or n » m » t prior call d&t^* (B_lg^)
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority _£tn
, l CSPl
F e d e r a l Re s e r v e Ba n k
MAR 5
1
of
Atlanta
y
O F F IC E OF
G o v e r n o r
March 3 , 193U
Mr. 35. R. Black, Governor,
federal Heserve Board,
Washington, B. C.
Bear Governor Black:
You w ill find enclosed statement of hanks
that hare not been licensed to open, indebted to the
Reserve Baak, and th is statement includes the Georgia
Savings Bank and Trust Company which is now operating
on an unrestricted basis.
▼ery tru ly yours,
f . S . Johns.
Acting Governor.
W3J:CLB
Inclosure
j*
1934
Banks that have not been licensed to open by Secretary of Treasury but which
have not been placed In process of liquidation as of February 28, 1934.
Rediscounts
A ll Others
Direct Notes
10-B Loans
Total
-0 -
41,700.84
20,903.23
62,604.07
4,500.00
900.00
4,050.00
7,500.00
-0 -0 8,245*94
-0 -
23,134.74
595.74
■0»
8,917.42
-0 -0 -0 -0-
Total
16,950.00
3,245.94
32,647.90
-0 -
Total Conservator Banks
22,950.00
8,245*94
74,348.74
-0 -
-0 -
22,990.00
8,245*94
Paid in Capital
Stock of Federal
Reserve Bank
C ity
Name at Bank
Fort Myers, Fla .
F ir s t Natl Bank
6 ,000.00
Elbert on, Ga.
M illen, Ga.
Quitman, Ga.
WaycroBS, Ga*
F ir s t N atl Bank
F ir s t N atl Bank
Peoples F ir s t N atl Bank
F ir s t N atl Bank
Atlanta, Ga*
Grand Total
Ga* Savgs. Bk & Tr Go
Beserve
Balance
Unapplied
Credits
44,141.80
586.32
2,265.14
53,752.61
1,505.00
23,134.74
595.74
8,245.94
6,917.42
46,478.16
19,641.60
12,545.00
38,502.17
8.40
23.71
212.62
-0 -
-0 -0 1,370.63
-0 -
18,626.34
327.97 (red)
2,612.69
1,417.42
-0 1,188.24
1,850.00
184.64
40,893.84
117,166.93
244. 73
1,370.63
22,32a 48
3,222.88
20,903.23
| 103,497.91
161,308.73
831.05
3,635.77
76,081.09
4,727*88
-0 -
540,186*13
i 540,186.13
739,513.13
-0 -
-0 -
540,186.13
164,084.48
74,348.74
561,089*36
643,684*04
900,821*86
831.05
3,635.77
625,267.22
168,812.36
j
No Government or Commodity Secured Paper on Above Banks*
Note: Accrued interest on past due indebtedness not included in th is report
Excess
C ollateral
Net Debt Less
Net L ia b ilit j
Govt, Com., Un
Reduction six
applied Credits,
Jan. 31, 1934
Reserve & Capital
Stock
Reproduced from the Unclassified / Declassified Holdings of theifeM p ^ S i v e s ^
_ -
! DECLASSIFIED
- " / Authority e.O . 105*0)
F T "
.1 3 1
ffice Correspoiidehce
V
x
Federal Reserve Board________
M r. Smead__________:
____________
L t l O ' d
FEDERAL RESERVE
BOARD
Subject :
OatP
February 28, 1934
Banks licensed during the week
ended February 1L and other changes._
« po
fo r c ir c u l a t ;
^
Co 0?
tv rk
Mr ! ' n s/ls. ..... .
'"
For t&$ Board1s information, there are attached hereto
M i Z , , '
r
^
M f ^ s ^/tateaeiits showing the following information as reported for the
r
M
r.
M
r.
Mi.
M
r.
T , ,^s » / / ...........
>
£ ' 1 / week’eiided February 14, 1 3 * :
94.
O etj : . ................
'S
ivij-; :..
................
M . rCr1!
r :o:i;
c
&. c
r
ft-r.
...
Mr. fic -il
, .
,
(1)
Member banks licensed to condact normal
banking operations
(2)
^
Nonmember banks authorized to conduct
normal banking operations
(unrestricted basis)
(3)
Non-li censed baifes placed in liquidation
or receivership, etc.
...
.........................
M, S^'j
r i
Mi c-::.v r
. af,.v s
” .!
.*
^
Pe,
f- 5
- ;rc
;.k
anJ v 'va
I
16—852
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
Authority jg , g . (QS'Oi
AT1KL
MEMBER B M K S LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week ended February 14- 1934
ADDITIONS
Date of Changes
(1934)
Existing Member Banks
First National Bank
First National Bank
Gowrie, Iowa
Lyle, Minn.
Feb. 14
Feb. 10
Little Rock, Ark.
Feb. 14
Orlando, Fla.
Feb. 15
Altamont, 111.
Feb. 12
Eaton Rapids, Mich.
Feb. 15
Bellaire, Ohio
Feb. 13
Fremont, Ohio
Feb. 10
Clatsankie, Ore.
Feb. 14
Toronto, S. D.
Enosburg Falls, Vt.
Feb. 10
Feb. 8
Elkins, W. Va,
Feb. 14
New Member Banks
Commercial National Bank
(Succeeded Bankers Commercial
Trust Company, Member)
First National Bank
(Priipry organization)
First National Bank in Altamont
(Succeeded First National Bank
of Altamont)
National Bank of Eaton Rapids
(Succeeded First National Bank)
Farmers & Merchants National Bank in
(Succeeded Farmers & Merchants
National Bank of Bellaire)
National Bank of Fremont
(Succeeded First National Bank)
First National Bank in Clatsankie
(Succeeded First National Bank
of Clatsankie)
♦Bank of Toronto
Enosburg Falls National Bank
(Succeeded First National Bank)
Tygarts Valley National Bank
(Succeeded Elkins National Bank
and Peoples National Bank)
OTHER CHANGES
First National Bank
(Liquidating)
Farmers & Merchants National Bank
(Liquidating)
Albion, Pa.
Feb. 6
Mercer, Pa.
Feb. 8
♦Admitted to membership during week.
\
S
v
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authorit>
'
tO S C i
jfiN T IA L
mmmmm banks authorized to conduct normal banking operations
(UNRESTRICTED BASIS)
Changes reported during week ended February 14» 1934Date of Change
(I934-)
A D IO S
D IT N
Existing Banks
Bank of Lockesburg
Cross Comity Bank
Iliff Stale Bank
East Side Trust & Savings Bank
(Suspended 7-29-33;
reopened 2-10-34)
Farmers Savings Bank
Sioux Center State Bank
Nebraska State Bank
State Bank
Farmers State Bank
Bank of Agra
Bank of Nardin
Commercial Bank
Sinking Spring Bank
Mutual Bank
Farmers State Bank
Holton Street State Bank
Home Savings Bank
Lockesburg, Ark.
Wynne, Ark.
Iliff, Colo.
Chicago, H i .
Feb. 8
Feb. 7
Not available
Feb. 10
Irwin, Iowa
Sioux Center, Iowa
Bristow, Nebr.
Decatur, Nebr.
Danzig, N. D.
Agra, Okla.
Nardin, Okla.
Waynoka, Okla.
Sinking Spring, Pa.
Landrum, S. C#
Manawa, Wis.
Milwaukee, Wis.
Milwaukee, Wis.
Feb. 12
Feb. H
Jan. 19
Not available
Jan. 19
Feb. 5
Jan. 29
Feb. 5
Feb. 13
Jan. 24
Feb. M
Feb. 8
Feb. 1 .
4
Peterman, Ala.
Feb. 2
Napoleonville, La.
Dec. 20, 1933
St. Martinville, La.
Dec. 4, 1933
Ville Platte, La.
Dec. 9, 1933
Potosi, Mo.
Feb. 8
Elizabeth, Pa.
Feb. 2
New Banks
Peterman State Bank
(Succeeded Bank of Peterman)
Assumption Bank & Trust Company
(A consolidation of Citizens Bank
& Trust Compary, Napoleonville,
and Bank of Paintcourtville,
Paintcourtville)
Saint Martin Bank & Trust Co.
(A consolidation of Bank of St.
Martinv.ill e and Commercial Bank)
.
Evangeline Bank & Trust Company
(Succeeded The Evangeline Bank
& Trust Company)
Washington County Commercial Bank
v
(A combination of Bank of Potosi
and Washington County Bank)
Bank of Elizabeth
(Succeeded State Bank of Elizabeth)
Peoples Bank
(Succeeded Trust Com
pany of
Glen Rock)
Glen Rock,
Pa.
Feb. 13
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
- *
Authority
n . IOSO )
J1NTIAL
NOMEMBER
BANKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended February 1A* 1934.
Date of Change
New Banks
(Continued)
Pittsburgh, Pa*
Feb. 1A
Turtle Creek, Pa,
Feb. 9
Warren, Pa*.
Saint Clair Deposit Bank
(Succeeded Saint Clair Savings
4 Trust Company)
'*
-*
Turtle Creek Bank & Trust Company
(Succeeded Turtle Creek Savings
& Trust Company)
Warren Bank & Trust Company
(Succeeded Warren Savings Bank
& Trust Company)
Feb. 14
OTHER CHANGES*
American Trust Company
(Absorbed by Atlantic National Bank)
Farmers Savings Bank
(Bank moved to Grundy Center, Iowa)
Jacksonville, Fla.
Feb. 8
Holland, Iowa
Feb. 1A
*Does not include nonmember banks admitted to membership
in the Federal Reserve System, which banks appear on the
list covering licensed member banks.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority e,C\ tC&Of
v
ulIL
fTA
NON-LICBNSED BAMS PLACED IN LIQUIDATION OR RECEIVERSHIP*
As reported during week ended February 1- 1 3 4, 9 4
Date of Change
Hartford National Bank
First National Bank
First National Bank
Grundy County National Bank
First Natidfial Bank
Security National Bank
First National Bank
First National Bank
First National Bank
Wisconsin National Bank
First National Bank
•
.. . l 934).____
.C,
Member Banks
-
Hartford, Ala.
East Peoria, 111.
Council Bluffs, Iowa
Grundy Center, Iowa
Hillsdale, Mich.
Randolph, Nebr.
Hempstead, N. Y.
Ambler, Pa.
Clifton Heights, Pa.
Watertown, “is.
West Allis, Wis.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb
.
Feb.
Feb.
Feb.
Feb.
Brookston, Ind.
Logansport, Ind.
Orland, Ind.
Pleasant Lake, Ind.
Washington,D. C
.
Alexander, Iowa
Morgan City, La.
Morgan City, La.
Potosi, Mo.
Potosi, Mo.
Barnston, Nebr.
Red Cloud, Nebr.
Waterloo, Nebr.
Cleveland, N. c
.
Creswell, N. C
.
Ames, Okla.
Alliance, Ohio
Cincinnati, Ohio
Deer Park, Wash.
Aniwa, Wis.
Bowler, Wis.
Eland, Wis.
Feb. 13
Feb. 13
Feb. 14
Feb. 13
Feb. 10
Feb. 10
Dec. 1 1933
,
Dec. 1 1933
,
Feb. 8
Feb. 8
Feb. 8
Feb. 8
F eb. 10
Feb. 13
Feb. 7
Feb. 12
Feb 8
.
Feb. 14
Feb. 13
Feb. 2
F eb. 2
Feb. 2
5
13
13
9
13
13
13
10
12
8
9
Nonmember Banks
Bank of'Brookston
Logansport Loan & Trust Company
Citizens State Bank
First State Bank
United States Savings Bank
Alexander Savings Bank
Bank of Morgan City & Trust Company
Peoples State & Savings Bank
Bank of Potosi
Washington County Bank
Bank of Barnston
State Bn- o Red Cloud
a]: f
State Bank of Waterloo
Citizens Bank of Cleveland
Bank of CresY^ell
Farmers State Bank
Workmens Bank
P o > e Bank & Savings Company
e|ls
First State Bank
Farmers Tri County State Bank
Farmers State Bank
Eland State Bank
OTHER CHANGES
Bank of North Lewisburg
North Lewisburg, Ohio
(Title changed to North Lewisburg Co.)
Feb. 13
NON-LICENSED BANKS WITHDRAWN FROM MEMBERSHIP
Jefferson Trust Company
Hoboken, N. J.
Feb. 9
■^Includes banks absorbed or succeeded by other banks for which
advice of formal liquidation or receivership has not been received.
Reproduced from the Unclassified I Declassified Holdings of the NafeM lffe iives
.
7
v
' DECLASSIFIED
■ * / Authority g .o . tOSOi
-
^Office Correspondence
I Eymp.No. 1 1
8
\ Tn
FEDERAL RESERVE
BOARD
Date February 2 ^ 1 9 3 4
Federal Reserve Board
nm
Subject- Banks licensed during the week
Mr* Saead
_____ended February 7 and other changes
For the Board*s information, there are attached hereto
statements showing the
following information as reported for the
week ended February 7, 1934-5
if
f„ i wi^jwAuON
.
B v B:k V
o . !c\
. .
M . H;m!SaVf,
r
M. f
r
&
M. j ~ s .
r :: .
"
M. t o ;
r ; n .3
’ r Sy.:;; Y .......
M . zrv::
If q’v.rrrr./.... ....
Mi c
M r.
r. ,r
:
.......
Iy HV:7.
t.
....
K,.l
Mr C_
M {'
r.
M .•r * . ,.
r fy"- .
K -fr.:...-:.
f.
(l)
Member banks licensed to conduct normal
banking operations
(2)
Nonmember balks authorised to conduct
normal baaking operations
(“
unrestricted basis)
(3)
Ion-licensed banks placed in liquidation
or receivership, etc.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
A t o i y g.o,
uhrt
t O S 'O i
JENTIAL
LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
M E M B E R BAN K S
Changes reported during week ended February 7» 1934
ADDITIONS
Date of Change
(1934)
Existing Mem^r Banks
Citizens National Bank
Tobias, Nebr,
Feb. 3
Elburn, 111*
Greensburg, Ind.
Feb. 1
Feb. 6
South Bend, Ind.
Feb. 5
Fairfield, Iowa
Feb. 7
Garden City, Kansas
Feb. 5
Henderson, Ky.
Feb. 3
Frostburg, N. C.
Feb. 1
Greensboro, N. C*
Feb. 5
Port Clinton, Ohio
Feb. 6
Conneaut Lake, Pa.
Feb. 1
Providence, R. I.
Feb. 5
Big Spring, Texas
Feb. 3
Springville, Utah
Manitowoc, Wis.
Rushmore, Minn.
Feb. 2
Feb. 5
Feb. 7
Sacred Heart, Minn.
Feb. 6
New Member Banks
*Kane County Bank & Trust Company
Decatur County National Bank
(Succeeded Citizens Third
National Bank & Trust Co*)
City National Bank
(Succeeded Citizens National
Bank)
First National Bank in Fairfield
(Succeeded First National
Bank, Fairfield)
Garden National Bank
(Succeeded Garden City
National Bank)
Ohio Valley National Bank
(Succeeded Ohio Valley Banking
& Trust Company, nonmember)
Frostburg National Bank
(Succeeded Citizens National
Bank)
Guilford National Bank
(Primary organization)
Port Clinton National Bank
(Succeeded National Bank of
Port Clinton)
First National Bank at
Conneaut Lake
(Succeeded First National Bank
of Conneaut Lake)
Columbus National Bank
(Succeeded Columbus Exchange
Trust Company, nonmember)
First National Bank in Big Spring
(Succeeded First National Bank
of Big Spring and West Texas
National Bank)
*Springville Banking Company
^Manitowoc Savings Bank
-*First State Bank of Rushmore
-^Farmers Sc. Merchants State Bank
of Sacred Heart
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority £ n /a<Tr»
JTDENTIAL
MEMBER BANKS LICENSED BI THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported
during week ended February 7« 1934.
OTHER CHANGES
National Exchange Bank and
Trust Company
(Liquidating)
First National Bank
(Absorbed by Peoples Bank and
Trust Company, Seattle,
Washington, member)
*Admitted to membership during week.
Date of Change
„
1 -12241______
Brooklyn, N. Y.
Dec. 30, 1933
Renton, Wash.
Feb. 5
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority
tG<?nt
/IDENTIAL
NONMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended February 7. 1934
Date of Change
(1934)
ADDITIONS
Existing Bankfj
^
Iowa State Bank
Ventura State Bank
Hardin Bank
First State Bank
Bank of Ferguson ,
Union Savings Bank
Commercial State Bank
Equitable Trust Company
Guarantee Trust Comparer
Twin Valley Bank
(Suspended 12-15-33;
reopened 2-1-34)
Bank of Amity
Estacada State Bank
First State Bank
State Bank of Cazenovia
Bank of Deerfield
Eden State Bank
Bank of Juda
Peoples State Bank
Anchor State Bank
C- kiacno State Bank
r
Stratford State Bank
Citizens State Bank
First American State Bank
Feb. 1
Feb. 6
Dec. 21, 1933
June 24, 1933
Not available
Hull, Iowa
Ventura, Iowa
Hardin, Ky.
Irvington, Ky,
Ferguson, Mo.
St. Charles, Mo.
Wausa, Nebr.
Atlantic City, N. j.
Atlantic City, N. J.
West Alexandria, Ohio
Feb. 1
Feb. 1
Feb. 1
Amity, Oregon
Estacada, Oregon
Campbellsport, Wis.
Cazenovia, Wis.
Deerfield, Wis.
Eden, Wis.
Juda, Wis.
Mazomanie, Wis.
Milwaukee, Wis.
Shawanoy Wis»
Stratford, Wis.
Wausau, Wis.
Wausau, Wis.
Jan.
Jan.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
-fan.
c
Feb.
Feb.
Feb.
Minden, La.
Not available
15
5
1
1
7
1
1
7
1
4
3
1
1
New Banks
Minden Bank & Trust Company
OTHER CHANGES*
Bank of Clemenceau
(Voluntaiy liquidation)
Bank of Gould
(Liquidating)
Bank of Richwoods
(Absorbed ty Bank of Calhoun
County, Hardin, 111.)
Bridgeton Bank
(Suspended)
Jerome, Ariz.
Nov, 29, 1933
Gould, Ark.
Jan. 16
Batchtown, 111.
Feb. 1
Bridgeton, Ind.
Feb. 3
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
' '
Authority
(CSO)
,'1DENTIAL
NOMEMBER BALKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended Febfuary 7. 1934
OTHER CHANGES*
(Continued)
Date of Change
. JCJ2ML.
.
Alamota Si^ate Bank
(Liquida&jig)
farmers Bank
(Liquidating)
^
Bank of Potosi
(Placed on a restricted basis)
Bank of Seagrove (Liquidating)
Lexington State Bank
(Absorbed by Mansfield Savings Trust
National Bank, Mansfield, Ohio)
Marion County Bank Comparer
(Title changed to Marion County Bank)
First Savings Bank & Trust Company
(Title changed to First Savings Bank)
Citizens State Bank
(Title and location changed to
Security State Bank, Wakonda, S. D.)
Central State Bank
(Liquidating)
Bank of Dresser Junction
(Absorbed by Fidelity State Bank,
Luck, Wis.)
Alamota, Kansas
Jan. 12
Medill, Mo.
Jan. 11
Potosi, Mo.
Dec. 26, 1933
Seagrove, N. C.
Jan. 2
Lexington, Ohio
Jan. 27
Marion, Ohio
Jan. 2 4
Ravenna, Ohio
Jan. 30
Irene, S. D.
Feb. 1
Eagle Lake, Texas
Feb. 5
Dresser Junction, Wis.
Jan. 4
*Does not include nonmember banks admitted to membership
in the Federal Reserve System, which banks appear on the
list covering licensed member banks.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority e .C
tCSX>l
1DENTIAL
NON-LICENSED BiSKKS PLACED IN LIQUIDATION OR RECEIVERSHIP*
As reported during week ended February 7< 1934Date of Change
■_(1934)
Member Banks
First Rational Bank
First National Bank
National Bank of Pontiac
Rochelle Uational Bank
First National Bank
Capital National Bank
..
v
First National Bank
^
First National Bank
National City Bank
Seneca National Bank of West Seneca^
First National Bank
First National Bank
United States National Bank
First National Bank
First National Bank
American National Bank
Amboy, 111.
Granville, 111.
Pontiac, 111.
Rochelle, 111.
Greenup, Ky.
Lansing, Mich.
Edgewater, N. j.
Brockport, N. y.
New Rochelle, N # y,
Seneca, N. Y.
Marietta, Ohio
Pendleton, Ore.
Vancouver, Wash.
Logan, W. Va.
West Union, W. Va.
Marshfield, ‘ s .
d
Feb. 5
Feb. 6
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
5
6
1
3
5
2
Feb. 1
Feb. 7
Feb. 5
Feb. 1
Feb.
5
Feb. 1
Feb. 5
Feb. 5
Nonmember Banks
Bank of Peterman
Crowley State Bank
Potomac Savings Bank of Georgetown.
Citizens State Bank
State Bank of Kempton
Peoples State Bank
State Bank of Yfolcottville
Geneva Savings Bank
Maloy Savings Bank
Queen City Bank
Germantown State Bank
Stockham State Bank
American State Bank
Peterman, Ala..
Crowley, Colo.
Washington, D. C
.
Chalmers, Ind.
Kempton, Ind.
Wolcott, Ind.
Wolcottville, Ind.
Geneva, Iowa
Maloy, Iowa
Springfield, Mo.
Garland, Nebr.
Stockham, Nebr.
Sutherland, Nebr*
Clay County Bank
Hayesville, N. C.
Hamilton Bank
East Liberty, Ohio
Boynton, Okla.
Lucien, Okla.
American State Bank
B n : of Lucien
a}
NON-LICENSED BANKS WITHDRjM
Macomb County Savings Bank
Jan. IB
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Jan.
Feb.
Feb.
Feb.
Jan.
Feb.
Feb.
Feb.
5
5
5
5
1
2
29
5
1
1
20
1
5
2
FROM MEMBERSHIP
Lenox, Mich.
^•Includes banks absorbed or succeeded hy other banks for which
advice of formal liquidation or receivership has not been received.
Feb. 1
Nov. 25, 1933
Feb. 3
Reproduced from the Unclassified I Declassified Holdings of the*N,a%|||^reliiives
DECLASSIFIED
Autho i y E .O. tO&Ol
rt T
ice
Tn
H -l 0 / 0 !
FEDERAL RESERVE
BOARD
Federal Reserve Board
From— Mr. Smead------------
Subject
Date
February 9, ~W3A
Banks licensed during the week
_ended January 31. 193A, and other changes
•O 1—82
P 68
FOR CIRCULATION
if
G v B la c k ..7
o.
^
For the Board1s information there' are attached hereto
. ...................... ..
M. Ham.in.
r
M m m »• *^^*0■• *. .
r*
Mr
Thomas
showing the;J*oilow m g information as reported for
***
"week' ended January 31, 1934-:
......
(1) Member banks:
£icensed to conduct normal
M. M a T i i r ' y ^ . b a n k i n g operations
r
M. Blsa M z : :
r sh-.
M C r o a l/y^ .
r apT r
Mr
... s /
Ml So .................................
rs^r
M c e f f m ^ ..:jf . . . .
f-otewr.
. ...
M. p agr
r a !3...l < .
i \ .....
JYto-Wyatrr*............................
Ptessa note --- chack
and
return la
Mi£rcre m.
^arrtr
(2)
(3)
Nonmember banks authorized to conduct
normal banking operations
(unrestricted basis)
Non-licensed banks placed in liquidation
or receivership, etc.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
A t o i y €.c. tcs'oi
uhrt
JTLKL
MEMBER BA\XS LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NOFMAL BA!TKING OPERATIONS
Changes reported during week ended January
1934
ADDITIONS
Existing Member Banks
First Natioffsl Bank
Elanchard State Bank
Farmers 8c Merchants State Bank
First National Bank
Northern National Bank
First National Bank
Rembrandt, Iov/a
Blanchard, Mich.
Lakeviei/, Mich.
Norway, Mich,
Bemidji, Minn.
Munich, TJ D.
-.
N'. Member Banks
c.
First National Bonk in Milton
(Succeeded First National Bank of Milton)
Farmers & Merchants National Bank
(Succeeded Farmers & Merchants State Bank,
nonmember)
First National Bank in Pinckneyville
(Succeeded First National Bank of
Pinckneyville)
National Bank of Sterling
(Succeeded First Sterling National Bank)
Bright National Bank at Flora
(Succeeded Bright National Bank)
First National Bank
(Succeeded Fayette County National Bank)
*0naga State Bank
Frostburg National Bank
(Primary organization)
National Bank of Flint
(Succeeded First National Bank & Trust Co.
and Union Industrial Trust & Savings Bank)
Lake Crystal National Bank
(Succeeded First National Bank)
First National Bank in St. Charles
(Succeeded First National Bank of St. Charles)
Brockport National Bank
(Succeeded First National Bank)
*Bank of Cattaraugus
National Bank of Windham
(Succeeded First National Bank)
Union National Bank at McKeesport
(Succeeded Union National Bank)
-^Peoples Bank Company
New First National Bank
(Succeeded First National Bank)
Milton, Fla.
Carlinville, 111.
Pinckneyville, 111.
Sterling, 111.
Flora, Ind.
West Union, Iova
Onaga, Kansas
Frostburg, Md.
Flint, Mich.
Lake Crystal, Minn.
St. Charles, Minn.
Brockport, F . Y.
:
Cattaraugus, N. Y.
Windham, N, Y.
McKeesport, Pa.
Canal Winchester, Ohio
Marietta, Ohio
Reproduced from the Unclassified / Declassified Holdings of the Nafe
declassified
Authority
£ n lo<rnl
I
MEMBER BANKS LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NOEMAt BANKING OPERATIONS
Changes reported during week ended January 31. 193A
New Member Banks
(Continued)
First National Bank
(Succeeded Alto State Bank, nonmember)
First National Bank in Clarksville
(SucceeSfcd First National Bank of
Clarksville)
*American State Bank
Alto, Texas
Clarksville, Texas
Milwaukee, Wis.
OTHER CHANGES
Security National Bank
(Absorbed by Spokane & Eastern Trust
Company, Spokane)
*Admitted to membership during week
Cheney, Wash.
Reproduced from the Unclassified I Declassified Holdings of the Natioa$||A.rehives
DECLASSIFIED
Authority
fsQ
c'j
JEimKL
NONMMBER BANKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended January 31. 1934
ADDITIONS
Existing B kS
an "
Bank of Rector
Blue Grass Savings Bank
Farmers & Merchants Savings Bank
University State Bank
Exchange State Bank
Hillsboro Savings Bank
Farmers State Bank
Farmers State Bank
Farmers"State Bank
Protection State Bank
Elkton Banking & Trust Company
Myersville Savings Bank
Oxford Bank
Keweenaw Savings Bank
Farmers & Merchants Bank
American Bank
Bank of Higginsville
Kirkwood Bank
Bank of Rayville
Hugenot Trust Company
(Suspended 1-2-34;
reopened 1-31-34)
Bank of Gibsonville
Bank of Davie
Bank of Mt. Gilead
Bank of Greenwood
Bank of Nichols
Beloit Savings Bank
State Bank of Hales Comers
Lincoln State Bank
Mound City Bank
Bank of Rio Creek
Valders State Bank
Rector, Ark.
Blue Grass, Iowa
Burlington, Iowa
Des Moines, Iowa
Exira, Iowa
Hillsboro, Iowa
Chase, Kansas
Fairview, *« ««
’« <
.Tfvrmirmfi.
~
--O’-' y
—
Protection, Kansas
Elkton, Md.
Myersville, Md.
Oxford, Md.
Mohawk, Mich.
Elmo, Mo.
Gibsonville, N. C
.
Mocksville,
C
.
Mt. Gilead, N. c#
Greenwood, S. C
.
Nichols, S. C.
Beloit, Wis.
Hales C - a sj lis,
^ r ep
Milwaukee, Wis.
Platteville, Wis.
Rio Creek, Wis.
Valders, Wis.
New Banks
Farmers & Merchants Bank
(Primary organization)
Vandalia State Bank
(Primary organization)
Imperial Bank
(Succeeded Imperial State Bank)
Farmers State Bank
(Succeeded Bank of Mountain 6ity and
Merchants & Traders Bank, Mountain City)
LaFayette, Ala.
Vandalia, Mo.
Imperial, Pa.
Mountain City, Tenn.
Reproduced from the Unclassified I Declassified Holdings of the Natieij^rchives
DECLASSIFIED
Authority
{05*01
NONMEMBER B A M S AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended January 31. 1934
OTHER CHANGES*
Bank of Gould
Gould, Ark.
Edison Park State Savings Bank
(Suspended)
First State Bank
jm
(Liquidating)
Royal State Bank
(Liquidating) '
Farmers State Bank
(Suspended)
Neosho Valley State Bank
(Absorbed by Bank of Commerce)
Mount fda State Bank
(Suspended)
Farmers State Bank
(Suspended)
Security Trust Company
(Suspended)
Union Trust Company
(Suspended)
Skandia Bank & Trust Company
(Name changed to Guaranty
Bank and Trust Company)
Planters Bank
(Absorbed by State Bank of Como)
Farmers Bank
(Suspended)
First State Bank
(Absorbed by Stockmens Bank of Cascade)
Akron Morris Plan Bank
(Name changed to First Industrial Bank
of Akron Company)
Alto State Bank
(Converted to First National Bank)
Chicago, 111*
-
?
Fox River Grove, 111.
Royal, 111*
Belvue, Kansas
Chanute, Kansas
Mount Ida, Kansas
Talmo, Kansas
Topeka, Kansas
Wichita, Kansas
Worchester, Mass.
Como, Miss*
Medill, Mo*
Cascade, Mont.
Akron, Ohio
Alto, Texas
*Does not include nonmember banks admitted to membership
in the Federal Reserve System, which banks appear on the
list covering licensed member banks.
Reproduced from the Unclassified I Declassified Holdings of the^atiot^Archives
DECLASSIFIED
Atoiy
uhrt
*4
7..
tosr>i
yENTIAL
NON-LICENSED BANKS PLACED IN LIQUIDATION OR RECEIVERSHIP#
Week ended January 31*
1934-
Member Banks
First National Bank
First National Bank
First Natioffcl Bank
City National Bank
Shenandoah National
First National Bank
First National Bank
First National Bank
Commercial National
First National Bank
First National Bank
& Trust Company
Bank
& Trust Company
Bank
Olive, Calif,
Eaton, Colorado
Orlando, Fla.
Goshen, Ind.
Shenandoah, Iowa
Van Buren, Maine
Ludington, Mich.
Hegins, Pa.
San Antonio, Texas
Conway, Wash.
Mayville, Wis.
Nonmember Banks
Wilsonville State Bank
Areola State Bank
Farmers Savings Bank
Coulter Savings Bank
K Franklin County State Bank
St. Charles Savings Bank
East Grand Rapids State Bank
Galewood-Wyoming State Bank
Nunica State Bank
Queen City Bank
State Bank
Bank of Adair
Bank of Big Cabin
Bank of Burlington
First State Bank
NON-LICENSED BANKS
Equitable Trust Company
Guarantee Trust Company
Wilsonville, Ala.
Areola, Ind.
Beaconsfield, Iowa
Coulter, Iowa
Hampton, Iowa
St. Charles, Iowa
Grand Rapids, Mich.
Grand Rapids, Mich.
Nunica, Mich.
Springfield, Mo.
Sugar Creek, Mo.
Adair, Okla.
Big Cabin, Okla.
Burlington, Okla.
Mounds, Okla.
WITHDRAWN FROM MEMBERSHIP
Atlantic City, N. J
Atlantic City, N. J
*Includes banks absorbed or succeeded t y other banks for which
r
advice of formal liquidation or receivership has not been received.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
iOSlDf
Authority
ice Correspondence
To_
FEDERAL RESERVE
BOARD
Date
February 7, 1934-
Subject:____ Banks licensed during the week
Federal Reserve Board
From
/1
Mr. Smead
ended January 2 - and other changes.
4
• PO
For the Board1s information there are attached hereto
statements showing the following information as reported for
F
i
.the week endued January 24 1934-J
.,
Goy. P'cc!(..
•
Wr
IVir. fviii
Mr. J:-.
Mr.
• T^ = «<•/
•I
•
Mr,.Sy":!
r r:::;
Y
- "ff
Mi:
Mr. r.:-;r:':i. ^
Mr. r:.:. :::.
Mr. Z: : :
ATr. Cv: : ::
y
Member banks licensed to conduct normal
banking operations
[ ) Nonmember banks authorized to conduct
2.
normal banking operations
(unrestricted basis)
.
( 3 . Non-licensed banks placed in liquidation
.)
..
..
or receivership, etc*
M r.*r:.
fir— --
16—852
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
Authority g .C
t C S Q ]
,fIAL
MEMBER BAMS LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week ended January
24
ADDITIONS
Existing Membty Banks
First
Eaton
First
First
First
National Bank
County Savings Bank
National Bank
National Bank
National Bank
St. Elmo, 111.
Charlotte, Mich.
Lisbon, N # Y.
Stewartstown, Pa.
Lovelady, Texas
New Member Banks
Peoples National Bank
(Succeeded Peoples Bank,
State member)
Union National Bank
(Succeeded Union Bank, State member)
First National Bank
(Primary organization)
♦Bank of Aberdeen
♦Menotomy Trust Company
♦Needham Trust Company
♦Sprague State Bank
♦Gentry County Bank
♦Union State Bank
♦Farmers & Merchants Bank & Trust Co.
City National, Bank
(Succeeded Nebraska National Bank)
First National Bank in Garfield
(Succeeded First National Bank
of Garfield)
Lincoln-East Side National Bank
(Succeeded Lincoln National Bank
and East Side National Bank)
Fidelity National Baric in New York
(Succeeded Newoov.n National Bank of
New York, Corona,and Elmhurst National
Bank of New York, Elmhurst)
National Bank of Middletown
(Succeeded First Merchants National
Bank & Trust Company)
First National Bank
(Succeeded National City Bank)
Philmont National Bank
(Succeeded First National Bank)
National Bank of Pine Bush
(Succeeded Pine Bush National Bank)
Little Rock, Ark.
Little Rock, Ark.
Tarpon Springs, Fla,
Aberdeen, Idaho
Arlington, Mass.
Needham, Mass.
Caledonia, Minn.
Albany, Missouri
Clinton, Missouri
Hannibal, Missouri
Hastings, Nebr.
Garfield, N.J.
Buffalo, N. Y.
Elmhurst,
Y.
Middletov.ri, N. Y.
Nevj Rochelle, N. Y.
Philmont, N. Y.
Pine Bush,
Y.
Reproduced from the Unclassified / Declassified Holdings of the National. Archives
DECLASSIFIED
to^n\
Authority
MEMBER BANKS LICENSED BI THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week ended January 2A
New Member Banks
(Continued)
*Peoples State Bank
Greenville National Bank
(Succeeded Greenville National Bank)
•^Allegheny Valley Bank
Peoples National Bank in Reynoldsville
(Succeeded Peoples National Bank)
*Citizens Bank & Trust Company '4
Union National Bank
(Succeeded First National Bank,
Elk National Bank and Farmers
National Bank, Fayetteville)
.
Cleburne National Bank
(Succeeded Cleburne State Bank,
nonmember)
Rational Bank of Logan
(Succeeded First National Bank)
*Lusk State Bank
OTHER
Pittsburgh, Pa,
Reynoldsville, Pa.
Mobridge, S. D,
Fayetteville, Tenn,
Cleburne, Texas
Logan, W. Va.
Lusk, Wyoming
CHANGES
Vallejo Commercial National Bank
(Absorbed by Bank of America National
Trust & Savings Association, San
Francisco)
Atlantic National Bank
(Absorbed ty Citizens & Southern
Bank, nonmember)
*Admitted to membership during week.
Archbold, Ohio
Greenville, Ohio
Vallejo, Calif.
Charleston, S. C.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
v '
Authority J^.Q. tOS'OI
JJTIAL
NONMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended January 24
/
ADDITIONS
Existing Banks
Mendon State Bank
(Suspended 1-16-33;
reopened 1-20-34)
Farmers Savings Bank
Archie State Bank
Belgrade State Bank
Shelby County State Bank
Farmers State Bank
Citizens Bank
Home S s t Bank
tke
Bank of Fredericktown
Goodman State Bank
Houstonia Bank
« Bank of Hunnewell
.
South Side Bank
Farmers Bank
Lewistown State Bank
Peoples Savings Bank
Farmers & Merchants Bank
Bank of Monticello
Rolla State Bank
St. Charles Savings Bank
Bank of St. Elizabeth
Park Bank
Citizens Bank
Citizens Bank
Farmers & Merchants Bank
Farmers Bank
Middlefield Banking Compary
Farmers State Bank
(Suspended 1-6-34-5
reopened 1-17-34)
Mendon, 111.
Boyden, Iowa
Archie, Missouri
Belgrade, Missouri
Clarence, Missouri
Ellington, Missouri
Florissant, Missouri
Forrest ^ity, Missouri
Fredericktown, Missouri
Goodman, Missouri
Houstonia, Missouri
Hunnewell, Missouri
Kansas City, Missouri
Leonard, Missouri
Lewistown, Missouri
Licking, Missouri
Madison, Missouri
Monticello, Missouri
Rolla, Missouri
St. Charles, Missouri
St. Elizabeth, Missouri
St. Joseph, Missouri
Shelbyville, Missouri
Sparta, Missouri
Springfield, Missouri
Unionvilie, Missouri
Middlefield, Ohio
Ableman, Wis.
New Banks
Hampton State Bank
Yfeldron State Savings Bank
(Succeeded Farmers & Merchants Bank)
Lincoln County Bank
(Succeeded Blanche Banking Company,
Blanche, Tenn., and Home Bank,
Delrose, Tenn.)
Hampton, Iowa
Waldron, Mich.
Fayetteville, Tenn,
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority
e.n. l S )
Ot!
jfCXAL
/
/
NONMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended January 2A
OTHER CHANGES*
Farmers & Merchants Bank
(Suspended
Bank of Rector
(Placed on restricted basis)^
Southern Illinois Trust Compart
(Absorbed by Southern Illinois
National Bank)
Grafton State Bank'
(Suspended)
Rodney Savings Bank
(Name & location changed to
Siou^ Valley Savings Bank,
Smithland, Iowa)
Alamote State Bank
(Suspended)
American State Bank
(Absorbed ty State Bank of Richmond)
Dayton State Bank
(Suspended)
1 Farmers State Bank
(Suspended)
Red Lodge State Bank
« (Suspended)
Citizens State Bank
(Suspended)
Elizabeth Trust Company
(Placed on restricted basis)
State Bank of Alice
(Suspended)
Citizens Savings Bank
(Absorbed by Citizens National Bank)
First City Bank
(Placed on restricted basis)
Huntsville, Ark,
Rector, Ark,
East St, Louis, 111.
Grafton, 111,
Rodney, Iowa
Ala&ote, Kansas
Richmond, Minn,
Dayton, Mont,
Pendroy, Mont,
Red Lodge, lont,
Mullen, Nebr,
Elizabeth, N. J.
Alice, N. D.
McConnellsville, Ohio
Pomeroy, Ohio
*Does not include nonmember banks admitted to membership in the
Federal Reserve System, which banks appear on the list covering
licensed member banks.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
- * / Authority e.O . tC SC i
MT1AL
NON-LICENSED BANKS PLACED IN LIQUIDATION OR RECEIVERSHIP#
As reported during week ended January 2A
/
Member Banks
Wilshire National Bank
Hancock Comity National Bank
Citizens Tnfrd National Bank
and Trust Company
Cedar Rapids National Bank
First National Bank
First National
Nevada National Bank
Fayette County National Bank
First National Bank
Salt Springs National Bank
First National Bank and Trust Company
First,National Bank
First National Bank
Seven Valleys National Bank
Edisto National Bank
First National Bank
First National Bank
Nonmember Banks
East Grand Rapids State Bank
Farmers Bank
Farmers State Bank
First State Bank
Bank of Sasakwa
First State Bank
Citizens State Bank
(Absorbed ty Port Washington State
Bank, Port Washington, Wis.)
Rubicon State Bank
Los Angeles, Calif♦
Carthage, 111.
Greensburg, Ind.
Cedar Rapids, Iowa k
Clear Lake, Iowa ^
Lenox, Iowa r
Nevada, Iowa West Union, IowaY t a Cheer, Iowa^
fit
Syracuse, N. Y.
Yonkers, N. Y.
Birdsboro, Pa.
Darby, Pa,
Seven Valleys, Pa.
Orangeburg, S. C.
Marion, Wis.
Viroqua, M s .
East Grand Rapids, Mich.
Roscoe, Missouri
Eldorado, Ohio
Jennings, Okla.
Sasakwa, Okla.
Talala, Okla.
Belgium, Wis.
Rubicon, Wis.
*Includes banks absorbed or succeeded by other banks for which
advice of formal liquidation or receivership has not been
received.
*m m
Reproduced from the Unclassified / Declass tied Holdings of the Natis;
DECLASSIFIED
Authority e.O . tO&Ol
_ J g£ rn d iio . 131
O ffice Correspondence
To
federal
RESERVE B O W
anuary 26, 1934
Federal Reserve Board
Banks licensed during -^e week
Frnm Mr. Smead
ended Janu ary 17 and o th e r changes
•r0
fmtmswim
c«cmj
Gov. Bteck
Mr. HamTui
M M'
r, I'r
i
T
H, J m s
r aa
For the Board* s 4nforraation there are attached hereto^ Thomas
*
^
statements showing the following information as reported for
^ Mr. Szymezak
Mr.
the - e k ended January 17, 1934:
we
(1) Member banks licensed to conduct normal
banking operations
( ) Nonmember banks authorized to conduct
2
normal banking operations
(unrestricted basis)
( ) Nan-licensed banks placed in liquidation
3
or receivership, etc.
f1E
L
<-f~fOFW
FEDERAL RESERVE
BOARD
and return to
Mi. Ga^BHfeBT
16—852
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority € < tc<rc>\
>
.CDEHTIAL
j
MEMBER BANKS LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported durinp, week ended
ADDITIONS
Existing Member Banks
%
franklin National ^ahlc
ords National Bank
Bellport National Bank
First National ^anlc
First National ^ank
A irst State Bank
1
First Na‘
tional Bank
•k'ranklin, Mass.
Fords, N. J,
Bellport, N. Y.
Cato, New York
Ovid, N. Y.
La Crosse, J^ash.
Monongah, ‘
'est Virginia
New Member Banks
#Union ^rust Company
^t. Petersburg, ^-a *
La grange National Bank
La Grange, 111.
(succeeded First National Bank)
Terre Haute, Ind.
Merchants National Bank
(Succeeded Terre Haute Trust Company,
nonmember)
Hawarden, Iowa
First National Bank in Hawarden
(Succeeded First National Bank,
Hav/arden)
Springfield, Mass.
^-Massachusetts & Union Trust Company
Springfield, Mas s.
■^Springfield Safe Deposit 6 ^rust C0#
6
Wellesley, Mass.
*Wellesley ^rust Company
Farmington, Missouri
^United Bsnk of ^armington
(Assumed part of the deposit liability
and certain of the assets of Farmers
Bank and ^arik of F a r m i n g t o n , nonmembers )
Westhampton, N. y.
-^Seaside Bank
Clearfield, Pa.
^Clearfield Trust C0mpany
Conneautville, Fa.
Farmers National Bank
(Succeeded First National Bank)
Tarentum, Pa.
First National Bank
(Succeeded First National B ^ k
and Trust Company)
Akron, Ohio
-•First Central Trust Company
‘
Celina, Ohio
•^Commercial Bank Company
Marengo, Ohio
■^Marengo Banking uompany
Yellow Springs, Chio
*Miami Deposit Bank
Houston, Texas
City National ^ahk
(Succeeded City Bank & Trust Company,
nonmember)
...^'
*"
J:
^
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
* *
/
Authority j?. p. to SOI
MEMBER BANKS LICENSED BY THE SECREPARI OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week ended January 17
OTHER CHANGES
Sorento Nat^nal Bank
(Liquidating)
•^armers National Bank
^
(Absorbed ty First National ^ank,
Houlton)
^Admitted to membership during week.
Sorento, Illinois
Houlton, Maine
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
Authority
tc&Ol
Mi
NONMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL BAMHNG OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended January 17, 1934
ADDITIQNS
Existing Banks
Merchants < * f a t r Bank
§$lnes
Bank of Montgomery County
Punta ^orda utate Bank
Aetna State Bank
Farmers State Bgnk^
Ihaples & farmers ^tate Bank
(Suspended 2-25-32;
reopened 1-16-34)
Citizens State Bank
Libertyville Savings Bank
Maynard .Savings Bank
Leake County °ank
Bank of Flora
Bank of Lena
Bank of McLain
Peoples ^ank
Bank of Raleigh
Silver Creek State Bank
Bank of High Hill
Bank of Revere
Farmers & Merchants State Bank
Broken Bow State ^ank
First State %nk
Farmers & Stockmens Bank
Farmers & Stockmens Bank
First State Bank
farmers & Merchants Bank
Farmers & Merchants Bank
State Bank S Trust Company
c
Delaware ^ounty Bank
Bank of Jefferson
Planters State Bank
Purcell Bank & I r s Company
'ut
Bank of Quapaw
Sand Springs State Bank
Bloomsburg State Bank
Bank of Ashippun
Blue River State Bank
State Bank of
Curtiss State Bank
De Soto State Bank
Dousrnan State Bank
Bank of iinden
j
Arkadelphia, Ark.
Mount Ida, - r .
^k
Punta Gorda, Fla.
Chicago, 111,
Lawrenceville, 111.
Neponset, 111.
Bristol, Ind.
Libertyville, Iowa
Maynard, Iowa
Carthage, %ss.
Flora, ^iss•
^ena, Miss.
icLain, Miss.
W
Pelahatchie, %ss.
Raleigh, Miss.
Silver Creek, Miss.
High Hill, Mo.
Revere, Mo.
Bloomfield, %br.
Broken Bow, Nebr.
Gothenburg, Nebr.
Clayton, N. ^ex.
Wagon Mount, N, M x
e,
Anadarko, ^kla.
Arnet, Okla.
Crescent, ^kla.
Howe, Okla.
Jay, Okla.
Jefferson, Okla.
fountain Park, Okla,
Purcell, Okla*
Quapaw, Okla.
Sand Springs, Okla.
Bloomsburg, Texas
Ashippun, ' i .
*s
Blue River, Wis.
Chilton, Hs.
Curtiss, k
-is.
De Soto, Wis*
Dousman, Wis.
Linden, ^is.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority
/
tO&Ql
ANONMEMBER B A M S AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended January 17. 1934
Existing Banks
(Continued)
Milwaukee, Wis,
New Holstein, Wis,
Porterfield, Wis,
Potosi, Wis,
Pound, Wis.
Scandinavia, Wis.
Woodman, ^is.
Layton ParS^State Bank
Peoples State Bank
Farmers & Traders Bank
Potosi State Bank
Farmers State Bank
Commercial State Bank
Woodman State ®ank
New Banks
First State Bank
(Succeeded Bank of Plainview and
Farmers Bank)
Farmers Bank of Pompano
(Primary organization)
Morris Plan ^ank of Georgia
v
(Chartered by State Banking Department,
formerly operating under Superior
Court charter)
Realty Savings & *rust Company
(Chartered by State Banking Department,
formerly operating under Superior
Court charter)
Trust Company of Columbus
(Supervision assumed by State Banking
Department)
Owen County State Bank
(Succeeded Citizens Baiik)
^lainview, Ark,
Pompano, Fla,
Atlanta, Ga,
Augusta, Ga,
Columbu§, Ga.
Spencer, Ind,
OTHER CHANGES*
Huntington State Bank
Huntington, Ark,
(Absorbed by National ^ank of
Mansfield, -&rk.)
Oak Creek State Bank
Cak Creek, Colo,
(Absorbed Bank of Steamboat Springs and
changed name and location to Routt County
State Bank, Steamboat Springs)
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority g , itS T jl
,
NONMEMBER BMKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATION
(UNRESTRICTED BASIS)
Changes reported during week ended January 17, 193A
OTHER CHANGES* (Continued)
Comraercial^avings Bank
(Absorbed by First National %nk)
Mayo State Bank
_
(Absorbed by Commercial ^ank,
Live Oak, Florida)
Bank of Sulphur °prings
(Absorbed ty Exchange National Bank,
Tampa, Florida)
Bank of uest Tampa
( - s c o d by Exchange National Bank,
Abcfe
Tampa, Florida)
Akin State Bank
(Liquidating)
Bank of Prairie City
(Absorbed by Farmers & Merchants State
Bank, Bushnell, Illinois)
Farmers & Merchants State Bank
(Absorbed by Centerville National Bank)
Peoples State Bank
(Absorbed by Kansas State Bank,
Overbrook, Kansas)
Moore Bank
(Absorbed by Brounlee Banking ^ompany)
Camden State Bank
(Absorbed ty Banking House of
S. Hughes
and Company, Richmond, Mo,)
Russellville Exchange Bank
(Placed on restricted basis)
Citizens State Bank
(Suspended)
Oklahoma State Bank
(Changed name and location to ^alters
State Bank, ^alters)
First State Bank
(Suspended)
Mc^ade State Bank
(Absorbed ty First State Bank)
First State Bank
(Suspended)
City Bank & Trust Company
(Succeeded by City National Bank)
Tri-County Bank
(Suspended)
Trinidad, Colo,
Mayo, Fla.
Sulphur Springs, Fla.
V's Tampa, Fla,
tet
Akin, 111,
Prairie City, 111.
Cincinnati, Iowa
Michigan, Kansas
Brookfield, Mo,
Camden, ^o.
Russellville, Missouri
Mullen, Nebr,
Hastings, Okla,
Osage, Okla.
McDade, Texas
Montgomery, Texas
Houston, Texas
Hanover, Va.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
■ *
-
Authority g. n. tOS^Oi
NONMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended January 17. 1934-
OTHER CHANGES#
Bank of King George
(Absorbed by Bank of Westmoreland,
Colonial Beach, Virginia)
^irst State Bank
(Placed on restricted basis)
(Continued)
King George, Va.
New London, Wis.
*Does not include nonmember banks admitted to membership in the Federal Reserve
System, which banks appear on the list covering licensed member banks.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
’*
•
Atoiy £ (
uhrt
j
iIAL
>
“
NON-LICENSED BANKS PLACED in LIQUIDATION OR RECEIVERSHIP*
As reported during
weekended Janiia’ 17, 1934
fy
Member Banks
Anaheim First National ^ank
First Nai^^nal ^ank
First National lank
National Trust Bank
First National Bank
First National Bank
First National Bank
National Bank o -Niles Center
f
State-National Bank
^irst National, ^snk
■ i s Sterling National Bank
^rt
First . N t o a Bank
.ainl
Bright National Bank
Citizens National Bank
Citizens National Bank
Villisca National ^ank
First National ^ank
Caribou National Bank
Cecil National B^k
First National Bank
First National %nk S Trust Company
c
Miners National Bank
-Hrst National BP1
2v
Crestwood National Bank
Montpelier National
^irst National Bank
Mt. ^iry National Bank
1irst National ^.k
1
an:
National BaoV Qf Orange County
Farmers & Merchants National Bank
Anaheim, Calif.
Pico, Calif.
Chadwick, 111.
Charleston, 111.
Hampshire, 111.
Mascoutah, 111.
Naperville, 111.
Niles Center, 111.
Peru, 111.
Savanna, 111.
Sterling, 111.
Vermilion, 111.
Flora, I a .
:d
Franklin, Ind.
South Bend, Ind.
Villisca, I Y a
O/
What Cheer, Iowa
Caribou, Maine
Port Deposit, Md.
Eaton Hapids, Mich,
Flint, Mich.
Ishpemlng, Mich.
Utica, Mich.
Tuckahoe, N. Y.
Montpelier, Ohio
Lykens, Pa.
Philadelphia, Pa.
Jefferson, Texas
Chelsea, Vermont
Princeton, ^is.
Nonmember Banks
-est Side Trust & Savings Bank
Atwood B^k
Citizens State Bank
Jonesville State Bank
Terre Haute Trust Company
(Succeeded by Merchants National Bank)
Woodburn Savings Bank
Michigan Industrial Bank
Citizens Savings Bank & Trust Co.
(Absorbed by Capital National Bank)
McComb Savings Bank
(Absorbed by First National Bank)
Chicago, 111.
Atwood, Ind.
Carmel, Ind.
Jonesville, Ind.
Terre Haute, I c ,
nl
Woodburn, ^owa
Detroit, Mich.
Jackson, Miss.
McComb, Miss.
Reproduced from the Unclassified I D e c l a s s i f i e ^ o l d i r ^ ^ f ^ ^ S ^ P ^ ^ ^
DECLASSIFIED
7 *,
’Authority_ £ o.
(O S V I
Nonmember Bfnks (Continued)
t
Bank of Farmington
Fanners Bank
Farmers & Merchants Bank
First State *fenk
Security State Baak
Bank of Murdock
Citizens State Bank
Bank of Rogers
Mechanics Benking Company
Farmers Savings Bank Company
Morral Banking Company
Rudolph Savings Bank Company
Citizens State Bank
Farmington, Mo.
Farmington, Mo*
Mexico, Mo*
Burwell, Nebr.
Curtis, Nebr.
Murdock, Nebr.
Peru, X e r
lb.
Rogers, Nebr.
Bradner, Ohio
Haskins, Ohio
Morral, Ohio
Rudolph, Ohio
Manchester, Okla*
*Includes banks absorbed or succeeded by other banks for which
advice of formal liquidation or receivership has not been received*
DECLASSIFIED
7 V.
Authority
>/v\
x\
tOSlDi
ffice Correspondence
FocmNc
_ Federal Reserve Board__________
_
Mr» Sinead-------------------------- --------------- -
()
FEDERAL RESERVE
BOARD
Dat-f January 19, 1934
t
Subject• Banks licensed during the week
ended January 10 and other changes.
•po
16— 852
FORMULATION
G v B l a c k . / .....
o.
For the Board1s information there are attached heretoM H m i . V . .
r a l nV ; .
.
utt
m i.
Mr. M
i l l e r . . . .............
statements showing the following information as reported forMr. James
Mr. Thomas .
the week ended January 10, 1934:
M. S y c a .
r zmzkJ
Mr.
(1)
Member banks licensed to conduct normal
banking operations
(2)
Nonmember banks authorized to conduct
normal banking operations
(unrestricted basis)
(3)
Non-licensed banks placed in liquidation
or receivership, etc.
......M il
Reproduced from the Unclassified / Declassified Holdings ora
DECLASSIFIED
Authority & .n. (CSY)i
?IAL
MEMBER BANKS LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week ended January 10
ADDITIONS
Existing Member Banks
First & Farmers National Bank
First National Bank
First National Bank
Portland, N. D.
Powhatan ^oint, Ohio
Hastings, Pa.
New Member Banks
Greeley National Bank
(Succeeded Greeley Union
National Bank)
• t S a e Bank of Belle Plaine
J-tt
City National Bank & Trust Co..
(Succeeded City Bank & Trust Co.,
nonmember)
*Monroe City Bank
*Citizens Bank & Trust Co.
*Washington,~ County Bank
#West Side Trust Company
Andover National Bank
(Succeeded Burrows National Bank, and
Andover State Bank, nonmember)
*0ssining Trust Company
First National Bank
(Succeeded Kinsman National Bank)
*Lieking County Bank
First National Bank in St. Clairsville
(Succeeded First National Bank of
St.d a i r sville)
American National Bank
Succeeded State National Bank)
Capital National Bank
(Succeeded Republic Bank & Trust
Company, nonmembet)
^Farmers & Merchants State Bank
*Fi£st State Bank
*Union State Bank
San Jacinto National Bank
(Succeeded San Jacinto Trust
Company, nonmember)
*Farmers & Merchants State Bank
First-Lockhart National Bank
(Succeeded Lockhart National Bank
and First National Bank)
*Thorndale State Bank
West National Bank
(Succeeded West State Bank, nonmember)
Digitized ^Farmers & Merchants State Bank
for FRASER
Greel^, Colo.
Belle Plaine, Minn.
Kansas City, Mo.
Monroe City, Mo.
Big Timber, Mont.
Blair, Nebr.
Newark, N. J*
Andover, N. Y.
Ossining,
y.
Kinsman, Ohio
Newark, Ohio
St. Clairsville, Ohio
Shawnee, Okla.
Austin, Texas
Carrollton, Texas
Celiiia, Texas
East Bernard, Texas
Houston, Texas
Ladonia, Texas
Lockhart, Texas
Thorndale, Texas
West, Texas
T i y i , Texas
ffle
Reproduced from the Unclassified I Declassified Holdings of the National Archives
>
i.
»
,
/
- *
DECLASSIFIED
Authority
(05*01
MEMBERSBANKS LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week ended January 10
New Member Banks
(Continued)
^Farmers & Merchants Bank
^Citizens Mutual Trust Company
National Bank of Edgerton
(Succ^jfled First National Bank)
Summersville, W. Va.
Wheeling, W. Va.
Edgerton, Wie.
■#
M
OTHER CHANGES
Citizens National Bank
(Liquidating)
Alpena Trust & Savings Bank
(Title changed to Alpena Savings
^ank)
Southside National Bank
(Absorbed by First National Bank
& Trust Company)
Southern National Bank
(Absorbed by First National Bank)
First State Bank
(Absorbed ty Citizens State Bank,
Frost, Texas)
Wheeling Bank S Trust Company
c
(Consolidated with Dollar Savings
& Trust Company, nonmember, under
charter of Wheeling Bank 8 Trust
c
Company and under title of Wheeling
Dollar Savings & Trust Co., member)
^'Admitted to membership during week.
Cedar Vale, Kans.
Alpena, Mich.
Elmira, N*
Wynnewood, Okla.
Mertens, Texas
Wheeling, W. Va.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
.
7
4
- '
DECLASSIFIED
Authority f .n.
r
tOSVI
NONMEHBER BANKS AUTHORIZED TO CONDUCT NOMAL BANKING OPERATIONS
(
UNRESTBICTED BASIS)
Changes reported during week ended January 10, 1934
ADDITIONS
■i
Mr
Existing Banks
Citizens Bank"
laaak of Chidester
Baiik of Dierks
Bank of Dover
Baijk of England
Bank of Glenwood
Bank of Griffithville
Bank of Kensett
Bank of Maynard
Bank of Mountain View
Bank of Ola
Bank of Plumerville
^itizens Bank
Bank of Quitman
Bank of Rector
Bank of Waldo
Peoples Bank
Rice Growers Bank
Bank of Idaho Springs
Lee County Bank
Georgia Savings Bank & Trust Co.
First State Bank
(Suspended 2-11-33>
reopened 1-4-34)
State Bank of Nauvoo
Corydon State Bank
Farmers Savings Bank
Rodney Savings Bank
Farmers State Bank
Lea County State Bank
Farmers State Bank
Farmers State Guaranty Bank
Victory Savings Bank
Peoples Bank
Peoples Bank
(Suspended 10-26-33;
reopened 1-6-34)
Bank of Milton
Booneville, Ark.
Chidester, Ark.
Dierks, Ark.
Dover, Ark.
England, Ark.
Glenwood, Ark.
Griffithville, Ark.
Kensett, Ark.
Maynard, Ark.
Mountain View, Ark.
Ola, Ark.
Plumerville, Ark.
Pottsville, Ark.
Quitman, Ark.
Rector, Ark.
Waldo, &rk.
Waldo, Ark.
Wheatley, Ark.
Idaho Springs, Colo,
Fort Myers,Fla.
Atlanta, Ga.
Beardstown, 111.
Nauvoo, 111.
Corydon, Iowa
Garwin, Iowa
Rodney, Iowa
Easton, Missouri
Lovington, New Mexi<
Clarita, Okla.
Valliant, Okla.
Columbia, S. C.
Gretna, Va.
Reedville, Va.
Milton, W. Va.
Reproduced from the Unclassified I Declassified Holdings of the NationalArSves
—
— — — II |
I
..........
DECLASSIFIED
Authority
NONMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended January 10, 1934
New Banks
Idaho Bank & Trust Company
Pocatello, Idaho
(A consolidation of Burley Bank & Tr.
Company, Burley, Idaho; Power County
Bank, ifeerican Falls, Idaho; Bear Lake
State Bank, Paris, Idaho; First National
Bank, Blackfoot, Idaho)
D ’Auria Bahk & Trust Company*#
Newark, N. J .
(Succeeded DTAuria Salvatore & Sons
Bank, private)
Gallup, New Mexico
First State Bank
(Primary organization)
•
Community State Bank
Algoma, Wis.
(Succeeded Bank of Algoma and
Citizens Bank, Algoma)
De Forest-Morrisonville Bank
De Forest, Wis.
(Succeeded Morrisonville State Bank,
Morrisonville, Wis., and Bank of
De Forest, Deforest, Wis.)
Union State Bank
Kewaunee, Wig.
(Succeeded Dairymans State Bank and
Farmers & Merchants State Bank)
Pembine-Wausaukee Bank
Wausaukee, Wis.
(Succeeded Pembine State Bank, Pembine,
Wis., and Wausaukee State Bank, Wausaukee,
Wis.)
OTHER CHANGES*
First State Bank
(Absorbed ty First National Bank)
Bunker Hill Bank
(Suspended)
Citizens Bank
(Suspended)
Citizens Bank
(Suspended)
Citizens Bank
(Title changed to Citizens State Bank)
Bank of Sedalia
(Absorbed ty Clinton County Bank &
Trust Company, Frankfort, Ind.)
Citizens Bank
(Title changed to Southport State Bank)
Farmers Savings Bank
(Title changed to Albert City Savings
Bank)
Ozark, 111.
Bunker Hill, Ind.
cory, Ind.
Denver, Ind.
Marshall, Ind.
Sedalia, Ind.
Southport, Ind.
Albert City, Iowa
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
Authority _e.O . tOSOI
NONMEMBER BANKS
AUTHORIZED TO CONDUCT NORMAL
(UNRESTRICTED BASIS)
BANKING OPERATIONS
Changes reported during week ended January 10* 1934-
OTHER CHANGES*
Citizens-Security Trust & Savings Bank
(Title Utanged to Union Bank and
Trust Company)
Unionville Savings Bank
(Suspended)
'*
*
Minnesota Loan & Trust Company
(Absorbed by Northwestern National
Bank & Trust Company)
Ekalaka State Bank
(Absorbed b y First National Sank)
*
Bloomington State Bank
(Placed on restricted basis)
Nebraska State Bank
(Placed on restricted basis)
Crawford State Bank
(Placed on restricted basis)
First State Bank
(Suspended)
Dawson County State Bank
(Absorbed by Lexington State Bank)
Bank of Miller
(Placed on restricted basis)
^oseland State Bank
(Placed on restricted basis)
Farmers State Bank
(Placed on restricted basis)
Newton Trust Company
(Placed on restricted basis)
Andover State Bank
(Succeeded by Andover National Bank)
Planters Bank
(Lio,uidating)
Citizens Banking & Trust Company
(Title changed to Brockway Citizens
Bank)
Commercial Bank
(Suspended)
First State Bank
(Liquidating)
First State Bank
f
(Continued)
Cedar Falls, Iowa
*
Unionville, Iowa
Minneapolis, Minn.
•
Ekalaka, ^ont.
Bloomington, Nebr.
Bristow, Nebr.
Crawford, Nebr*
Hayland, Nebr.
Lexington, Nebr.
Miller, Nebr.
Roseland, Nebr,
Sargent, Nebr.
Newton, N. J,
Andover,
y.
Battleboro, N. C.
Brockway, Pa,
Arcadia, Texas
Big Sandy, Texas
Polytechnic, Texas
i
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority
tQS'Oi
NONMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL
(UNRESTRICTED BASIS)
BANKING OPERATIONS
Changes reported during week ended January 10, 1934
OTHER CHANGES*
Rogers State Bank
(liquidating)
West Virginia Bank
(Abscised ty Merchants
National Bank)
Dollar Savings & Trust Company
(Absorbed by Wheeling DoUjsLar: Savings
& Trust Co*, Wheeling,State member)
Farmers State Bank
(Suspended)
(Continued)
Rogers, Texas
Clarksburg, W* Va*
Wheeling, W. Va*
Ableman, Wis.
#Does not include nonmember banks admitted to membership
in the Federal Reserve System, which banks appear on the
list covering licensed member banks*.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority
tOS*Oi
ylAL
NON-LICENSED BANKS PLACED IN LIQUIDATION OR RECEIVERSHIP*
Week ended January 10, 1934
Member Banks
First National Bank
Farmers National Bank
Calais National Bank
Farmer^National Bank
First National Bank
Clementon National Bank
Collingswood National Bank
First National Bank & Trust Co.
Palmyra National Bank
Bethlehem National Bank
.?
\
First National Bank
First National Bank
County National Bank
Codorus National Bank of Jefferson
First National Bank
Dickson City National Bank
East Berlin National Bank
First National Bank
Farmers & Miners National Bank
First National Bank & Trust Co.
First National Bank
Union National Bank
First National Bank
First National Bank
Union National Bank
Tower City National Bank
Yardley National Bank
Farmers National Bank
Citizens National Bank
Pittsfield National Bank
Nonmember Banks
Akin State Bank
Rockfield Bank
Castor State Bank
Bank of Delhi
First State Bank
Farmers Bank
Bank of Cedar Bluffs
Bank of Danbury
Duncan State Bank
Bank of Guide Rock
Security State Bank
Pilger State Bank
Bank of Stanfield
Bank of Aline
La Grange, 111.
Garner, Iowa
Calais, Maine
Houlton, Maine
Branchville, N. J.
Clementon, N. J.
Collingswood, N. j.
New Egypt, N. J.
Palnyra, N # j.
Bethlehem, Pa. Birdsboro, pa. Burnham, Pa.
Clearfield, Pa.
Codorus, Pa.
Crafton, Pa.
Dickson City, Pa.
East Berlin, Pa.
Fleetwood, Pa.
Forest City, Pa.
Frackville, Pa.
Freeland, Pa.
Mount Wolf, Pa.
New Freedom, Pa.
Roseto, Pa.
Scranton, Pa.
Tower 6ity, Pa.
Yardley, Pa.
Lake Geneva, Wis.
Stoughton, Wis,
Pittsfield, Maine
Akin, 111.
Rockfield, Ind.
Castor, La.
Delhi, La.
Bertrand, Nebr.
Burwell, Nebr.
Cedar Bluffs, Nebr.
Danbury, Nebr.
Duncan, Nebr,
Guide Rock, Nebr.
Osmond, Nebr.
Pilger, Nebr.
Stanfield, N. C.
Aline, Okla.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority
r . fOS'Oi
>
£
NON-LICENSED B A M S PLACED IN LIQUIDATION OR
RECEIVERSHIP*
Week ended January 10, 1934
Nonmember Banks
(Continued)
Bank of Fairmont
First State Bank
Umpqua Valley Bank
(Absorbed by Roseburg National Bank)
Tonasket State Bank
Fairmont, Okla.
Goodwell, Okla.
Roseburg, Ore.
Tonasket, Wash.
% t*
NON-LICENSED BANKS WITHDRAWN FROM MEMBERSHIP
Terre Haute Trust Company
State Savings Bank
Terre Haute, Ind.
Chariton, Iowa
•^Includes banks absorbed or succeeded by other banks for which
advice of formal liquidation or receivership has not been received
J
7*
v
DECLASSIFIED
, Authority
f. . f S D
rn O l l
‘ ^ rr N 0.J18I
3 >m
n
Office Correspondence
To
Federal Reserve Board_______
From Mr« Smead.
■ Lf- jO , 0 (
FEDERAL RESERVE
BOARD
T
Subject:
TTate January 13» 1934
Banks licensed during the week
___ ended January.3 and...other changes.
For the Boards information there are attached hereto
statements showing the following information as reported
for the week ended January 3, 1934s
(1)
Member banks licensed to conduct normal
banking operations
(2)
Nonmember banks authorized to conduct
normal banking operations
(unrestricted basis)
(3)
Non-licensed banks placed in liquidation
or receivership, etc.
foj? circu latio n
Black.
•f- Hamtin
■ Wle.
r iir
.
J ns
oe
&
;r. tn c m s s .^ ../ ..........
S yxzk . . 4 . . ^
zicu
D
“ .... ................
•p
o
16— 852
j
j
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority £ ( } iCSTA
JONFIDENTIAL
MEMBER BAMS LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week ended January 3» 1934-
ADDITIONS
Existing Member Banks
-
i
First National Bank
National Bank of America
Manufacturers National Bank
Bank of Rosalia
Allendale, 111.
Paterson, N. J.
Ilion, N. Y.
Rosalia, Wash.
New Member Banks
*Commercia.l Savings Bank
*Richvievj State Bank
*Elencoe State Bank
Citizens National Bank
(Succeeded First National Bank)
Union National Bank
(Succeeded First National Bank and
National Bank of John A. Black)
^Planters Bank and Trust Company
*Guilford Trust Company
#Fall River Trust Company
*Hadley Falls Trust Company
-^Farmers & Merchants State Bank
*State Bank of
•^Schuyler County State Bank
-*Farmers-Stockgrowers Bank
•
''■Ronan State Bank
Metuchen National Bank
(succeeded The Metuchen National Bank)
First National Bank in Gouverneur
(Succeeded First National Bank of
Gouverneur, I . Y.)
I
National Bank of Tuxedo
(Succeeded Tuxedo National Bank)
Central National Bank
(Succeeded First National Bank)
-^Peoples Savings Bank & Trust Company
First National Rank
(Succeeded First National Bank of Bellaire)
#Fifth Avenue Savings Bank Company
Coshocton National Bank
(Succeeded The Coshocton National Bank)
Mansfield Savings Trust National Bank
(Succeeded Mansfield Savings & Trust
Company, nonmember)
Sterling, Colo.
Richview, 111.
Blencoe, Iowa
Independence, Kansas
Barbourville, Ky.
Hopkinsville, Ky.
Guilford, Maine
Fall River, Mass.
Holyoke, Mass.
Springfield, Minn.
Springfield, Minn.
Lancaster, Missouri
Glasgow, Mont.
Ronan, Mont.
Metuchen, N. J.
Gouverneur,
Y.
Tuxedo, N. Y.
Washingtonville,
Wilmington,
C.
Bellaire, Ohio
Columbus, Ohio
Coshocton, Ohio
Mansfield, Ohio
Y.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority
MEMBER B A M S LICENSED BX THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week ended January 3« 1934
N - v Member Banks
eV
(Continued)
*Bank of Marysville Company
National Bank of Montpelier
(Succeeded Montpelier National Bank)
-"-Perry Comity Bank
New Florence National Bank
(Succeeded New Florence National Bank)
Peoples National Bank
(Succeeded Rural Valley National Bank)
West Branch Bank & Trust Company
(Succeeded Lycoming Trust Company)
Rhode Island Hospital National Bank
(Primary organization, took over the
commercial business of the Rhode Island
Hospital Trust Company)
First National Bank in Orangeburg
(Primary organi zation)
-''-Angleton State Bank
-^State Bank 8c Trust Company
First National Bank
(Succeeded Lipscomb Bank & Trust Co«)
Montpelier National Bank
(Succeeded Montpelier National Bank)
-^American Bank 8c Trust Company
^Farmers Bank of Nansemond
Manitowoc National Bank
(Succeeded State Bank of Manitowoc,
nonmember)
Marysville, Ohio
Montpelier, Ohio
New Lexington, Ohio
Nev. Florence, Pa.
Rural Valley, Pa.
Williamsport, Pa.
Providence, R. I.
Orangeburg, S. C.
Angleton, Texas
Beeville, Texas
Luling, Texas
Montpelier, Vermont
Suffolk, Va.
Suffolk, Va.
Manitowoc, Wis•
OTHER CHANGES
First National Bank
(Absorbed by Hartford-Connecticut Trust
Company, Hartford, Conn., nonmember)
First National Bank
(Absorbed " y Hartford-Connecticut Trust
b
Company, Hartford, Conn., nonmember)
Rockville National Bank
(Absorbed t y Hartford-Connecticut Trust
j
Company, Hartford, Conn., nonmember)
First National Bank
(Absorbed ty Hartford-Connecticut Trust
Company, Hartford, Conn., nonmember)
Day Trust Company
(Withdrew from membersliip)
Meriden, Conn.
Middletown, Conn.
Rockville, Conn.
Stafford Springs, Conn
Boston, Mass.
1
... 11....juul ’
1.
i
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
v *
Authority g tQt (QSO)
MEMBER BANKS LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week ended January 3» 1934-
OTHER CHANGES (Continued)
Alpena, Mich.
Alpena Trust & Savings Bank
(Title changed to Alpena Savings Bank)
May, Texas
First National Bank
(Absorbed by First National Bank,
Brownwood, Texas)
Nevada, Texas
First National.Bank
(Absorbed by First National Bank,
Farmersville, Texas)
Spur, Texas
Spur National Bank
(Converted to Spur Security Bank,
nOnmember)
First National Bank
Ogden, Utah
(Changed name to First Security Bank of
Utah National Association and absorbed
the First Security Bank, Provo, Utah,
State member, and the following nonmember banks:
First Security Bank
Bingham Canyon, Utah
Thatcher Bros* Banking Co. Logan, Utah
First Security Bank
Magna, Utah
First Savings Bank
Ogden, Utah
First Security Bank
Richmond, Utah
Pine City State Bank
(Placed on restricted basis)
*Admitted to membership during week.
/
Pine City, Wash.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority
fr n . / SO
O i
r
£ -
NONMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL
(UNRESTRICTED BASIS)
BANKING OPERATIONS
Changes reported during week ended January 3» 1934
ADDITIONS
Existing ^ n k s
Cordova State Bank
*4
Felton Bank
State Bank of Cuba
Haubstadt State Bank
Worthington State Bank
-*
Security State Bank
Burlington Savings Bank
Hudson State Bank
First State Bank
Mechanicsville Trust & Savings Bank
Walcott Trust & Savings Bank
Farmers Savings Bank
Fowler State Bank
First State Bank
Bank of North Collins
(Suspended 3^14-33;
reopened 1-2-34)
Ashley State Bank
(Closed 9-26-33;
reopened 12-20-33)
First State Bank
First State Bank
First State Bank
Union State Bank
Farmers & Merchants Bank
Peoples State Bank
First State Bank
Guaranty State Bank
(Bank moved from Marcus, Wash.)
Cordova, Ala.
Felton, Del,
Cuba, 111.
Haubstadt, Ind.
Worthington, Ind.
Allerton, Iowa
Burlington, Iowa
Hudson, Iowa
Kensett, Iowa
Mechanicsville, Iowa
Walcott, Iowa
Walford, Iowa
Fowler, Kansas
Beaver City, Nebr.
North Collins, N. Y.
Ashley, N. D.
Center, N. D.
Colfax, N. D.
Gascoyne, N. D.
Hazen, N. D.
Sheyenne, N. D.
Westhope, N. D.
Wishek, N. D,
Colville, Wash.
New Banks
State Bank of Hardinsburg, '
(Succeeded Bank of Hardinsburg)
Marengo State Bank
(Succeeded Bank of Marengo)
Wayne State Bank
(Primary organization)
Peoples Bank & Trust Company
(Primary organization)
Farmers Bank
(Succeeded Farmers Bank, private bank)
Hardinsburg, Ind.
Marengo, Ind.
Wayne, Mich.
Saltillo, Miss.
Ashland, Ohio
^^produce^ro^^h^Jndassifie^^Declassifie^Holdlng^o^^?^^^^^^^^^^^
DECLASSIFIED
Authority f
r
NONMEMBER
n. fOSlDi
BA M S AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended January 3* 193U
New Banks (Continued)
Old Freeport Bank
(Succeeded Freeport Bank & Trust Co.)
Farmers^feank
(Succeeded Farmers Bank, private bank)
Security Bank
^
(Succeeded Cashion State Bank, Cashion,
Okla., and First State Bank, Omega, Okla.)
Meno Guaranty Bank
(Succeeded Bank of Ringwood, Rijagwood, Okla.,
and First Bank, Lahoma, Okla.)
Peoples Bank
(Succeeded Peoples Savings & Trust Co.)
Citizens Union Bank
(Succeeded Citizens Bank and
Hawkins County Bank)
Freeport, Ohio
Sunbury, Ohio
Kingfisher, Okla.
Meno, Okla.
New Castle, Pa.
Rogersville, Tenn.
OTHER CHANGES*
Bank of Uriah
(Liquidating)
Lawndale State Bank
(Absorbed by Lawndale National Bank)
Loami State Bank
(Suspended)
Knisely Bros. & Company Bank
(Placed on restricted basis)
Citizens Bank
(Suspended)
Bunker Hill State Bank
(Absorbed by Russell Farmers State
Bank, Russell, Kansas)
Galesburg State Bank
(Name & location changed to Home State
Bank, Erie, Kansas)
Glen Elder State Bank
(Absorbed by Traders State Bank)
Farmers State Bank
(Absorbed by Hoisington National Bank)
Peoples Bank
(Absorbed by Farmers National Bank)
Covington Bank & Trust Company
(Suspended)
Bank of La Place
(Suspended)
Garden City State Bank
(Placed on restricted basis)
i
Uriah, Ala.
Chicago, 111.
Loami, 111.
Butler, Ind.
Spencer, Ind.
Bunker Hill, Kansas
Galesburg, Kansas
Glen Elder, Kansas
Susank, Kansas
Clay, Kentucky
Covington, La.
La Place, La.
Garden City, Mich.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
.
DECLASSIFIED
' . Authority f? n. IOS~Ol
NONMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended January 3« 1934-
OTHER CHANGES*
(Continued)
Northern Trust Company
(Absorbed by Northern National Bank)
Peoples State Bank
(Absorbed
American National Bank)
Farmers Bank
(Placed on restricted basis)
Farmers State Bank
(Suspended)
Mechanics Trust Company
(Placed on restricted basis)
Peoples Bank
(Placed on restricted basis)
Town Trust Company
(Absorbed by Bank of Montclair,
State member)
Merchants Trust Company
(Placed on restricted basis)
Security Trust Company
(Placed on restricted basis)
Valley Bank
(Suspended)
Bank of Commerce
(Absorbed t r First National Bank)
g
Hudson River Trust Company
(Suspended)
Huguenot Trust Company
(Suspended)
Planters Bank
(Suspended)
Bank of Breckinridge
(Name & location changed to Bank of Garber,
Garber, Okla.)
Colony State Bank
(Name & location changed to Security State
Bank, Weatherford, Okla.)
Lindsay State Bank
(Absorbed by American Exchange Bank)
Capital State Bank
A^erxFan^i^lte Bank
(Suspended)
First State Bank
(Suspended)
Piedmont Savings & Triast Company
(Absorbed by First National Bank)
First Trust Company
(Absorbed by First National Bank)
Duluth, Minn.
Little Falls, Minn.
Hurland, Missouri
McGrew, Nebr.
Bayonne,
J.
Hawthorne, N. J.
Montclair, N. J.
Paterson, N. J*
Paterson, N. J.
Anthony, N. Mex.
Roswell, N. Mex.
Hudson, N. Y.
New Rochelle, N. Y.
Battleboro, N. C.
Breckinridge, Okla.
Colony, Okla.
Lindsay, Okla.
Oklahoma City, Okla.
Porum, Okla.
Roff, Okla.
Greenville, S. C.
McMinnville, Tenn.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
,
T
,
v 4
DECLASSIFIED
Authority fr.n. tO&Oi
L
NONMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended January 3« 1934-
OTHER CHANGES*
/
South Pittsburgh Savings £&nk
(Absorbed by First Natidfial Bank)
Farmers & Merchants Bank
(Absorbed by Citizens Bank of Waverly)
Toyah Valley State Bank
(Absorbed by Security State Barfk,
Pecos, Texas)
Continental State Bank
(Liquidating)
Firs^b State Bank
(Liquidating)
Riverside State Bank
(Absorbed ty Huntsville Bank and Trust
Company, Huntsville)
First State Bank
(Liquidating)
Continental Bank
(Absorbed by National Bank and Trust
Company, Salt Lake City)
Bank of Amherst
(Absorbed by Farmers Bank)
Bank of Ridgeway
(Absorbed f y Piedmont Trust Co.,
c
Martinsville, Va.)
(Continued)
South Pittsburgh, Tenn.
Waverly, Tenn,
Balmorhea, Texas
Groesbeck, Texas
Myra, Texas
Riverside, Texas
Tioga, Texas
Midvale, Utah
Amherst, Va.
Ridgeway, Va.
*Does not include nonmember banks admitted to membership in the
Federal Reserve System, which banks appear on the list covering
licensed member banks.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
Authority £ q (O^Q\
NON-LICENSED BANKS PLACED IN LIQUIDATION OR. RECEIVERSHIP*
Week ended January 3* 193A
Member Banks
First National Bank
Interstate Trust & Banking CompanyFirst National Bank:
First National Bank
First National Bank
First Rational Bank
Be ssemer, Alabama
New Orleans, La.
Paw Paw, Mich.
Litchfield, Nebr.
East Palestine, Ohio
Marlinton, W. Va.
Nonmember Banks
Farmers & Merchants Bank
Commercial Bank & Trust Company
Merchants & Planters Bank
Tangipohoa Bank & Trust Company
Commercial Bank of Lafayette & Trust Co.
Earik of Loreauville
B'letairie Bank
Bank, of Nixa
State Bank of Beaver Crossing
Farmers State Bank
Carroll State Bank
Cordova State Bank
Elmwood State Bank
Indianola State Bank
Pleasanton State Bank
Westchester Trust Company
Farmers State Bank
Bank of Longdale
First State Bank
Farmers State Bank
First State Bank
Farmers State Bank
Foraker, Ind.
Alexandria, La.
Bunkie, La.
Hammond, La.
Lafayette, La.
Loreauville, La.
Metairie Ridge, La.
Nixa, Missouri
Beaver Crossing, Nebr,
Callaway, Nebr.
Carroll, Nebr.
Cordova, Nebr.
Elmwood, Nebr.
Indianola, Nebr.
Pleasanton, Nebr.
Yonkers,
Y.
Garber, Okla.
Longdale, Okla.
Rush Springs, Okla.
Tipton, Okla.
Weatherford, Okla.
Minong, Wis.
OTHER. CHANGES
Miners & Merchants State Bank
(Name and location changed to
Commercial Bank, L ’Anse, Mich.)
Greenland, Mich,
NON-LICENSED B A M S WITHDRAWN FROM MEMBERSHIP
State Bank of Cuba
Mechanicsville Trust & Savings Bank
Cuba, 111.
Mechanicsville, Iowa
^Includes banks absorbed or succeeded by other banks for which advice
or receivership has not been received.
of formal liquidation
Reproduced from the Unclassified I Declassified Holdings of the Natigg^l^Eehives
DECLASSIFIED
Authority e.O . (05*01
Office Lorres^ on<uence BR - jw JMM i<m
0D
A
mT
F o rm N o . 131
L4
*
*( , ' •[
’
FEDERAL RESERVE
<>.
Tn
........
Mr. Horbett______ 7
Fmm
.
Subject:
Mr. Kennedy
• fq
In view of the fact that limitations on deposit
withdrawals at mutual savings banks were lifted as of December
30, 193^ in all but three States, I suggest that, in our mimeo
graph release of licensed banks, the following note be appended
to the table covering mutual savings banks
as indicated on the
j
attached copy.
1>23. •limitations on deposit withdrawals lifted as
5
of close of business December 30, 1933> except as follows:
Boston district, A banks in Maine, 19 in Vermont;
trict, 2 banks in Maryland.n
V V g "
C
Richmond dis
1 —5
6 82
Reproduced from the Unclassified I Declassified Holdings of the Natiqiaa^retnves
DECLASSIFIED
Authority _ ^ ,q .
150
0*)
Office Correspondence
lenee
Form No*
My
' H
■
To
Federal Reserve Board__________
From
FEDERAL RESERVE
BOARD
Mr. Smead
Subject:
O
Banks licensed during the week
ended December 27 and other changes.
For the Boardfs information there are attached hereto
statements showing the following information as reported
for the week ended December 27, 1933:
*■,*
»f
(1)
Member banks licensed to conduct normal
banking operations
(2)
Nonmember banks authorized to conduct
normal banking operations
(unrestricted basis)
(3)
Non-licensed banks placed in liquidation
or receivership, etc,
LATIOU
Gov. B1 .
«K
Mr. H a m l i n . . . • • * * * • *
Mr. M i l l e r . . • • • • •
Mr. James. . .
Mr. Thomas
...........
Mr, Szymczak................
Mr.
y / - .......................
Mr. M a r t i n . ...........................
Mr. Morrill.
•••••*
Mr. Noel!,
Mr. Smead..........
Mr. Goldenweiser.
C l
n ate January 5, 1934
•o
;
Mr. Bethea— y'*/
Mr. Carpenter. .■ w . j
.
.............*
......... r
Mr. Paulger........
Mr. W y a tt......
Please note — check
md return to
M c r etr
u a p ne
1—82
6 6
Keproduced from the Unclassified / Declassified Holdings of the National Archives
declassified
Authority
a
.CAL
MEMBER BANKS LICENSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week ended December 27, 1933
ADDITION*
Existing Megjper Banks
Bliss National Bank
Bliss, N. Y.
Park National Bank
Knoxville, Tenn.
(Reopening of East Tennessee National Bank)
which suspended 1-20-33)
New Member Banks
#Citi2
rens Bank
#Solano County Bank
First National Bank
(Succeeded Grand Valley National Bank)
Jackson National Bank
(Succeeded The Jackson National Bank)
Cumberland County National Bank in Neoga
(Succeeded Cumberland County
National Bank)
First National Bank
(Succeeded State-National Bank)
■^Bristol County Trust Company
^Farmers State Bank
New Public National Bank
(Succeeded Public National Bank)
Edgewater National Bank
(Succeeded First National Bank)
First National Bank
(Succeeded The First National Bank)
*Bank of Amityville
*Peconic Bank
The Oxford. National Bank
(Succeeded First National Bank of
Granville, Oxford, N. C.)
First National Bank in Bryan
(Succeeded First National Bank of Bryan)
Central National Bank at Cambridge
(Succeeded Central National Bank of
Cambridge)
-^Southern Ohio Savings Bank & Trust Co.
-^Farmers Savings & Trust Company
First National Bank at Ponca City
(Succeeded First National Bank in
Ponca City)
Peoples National Bank
(Succeeded Farmers National Bank)
Oneonta, Ala.
Fairfield, Calif.
Grand Junction, Colo.
Jackson, Georgia
Neoga, 111.
Peru, 111.
Taunton, Mass.
Victor, Mont.
Rochester, N. H*
Edgewater, N. J.
Spring Lake, N. J.
Amityville, N. y.
Sag Harbor, N. Y.
Oxford, N. C.
Bryan, Ohio
Cambridge, Ohio
Cincinnati, Ohio
Mansfield, Ohio
Ponca Gity, Okla.
Somerset, Pa.
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
7 *.
Authority j £ , q , 1 0 SO)
y Kl
/L L
MEMBER BAHKSLLICMSED BY THE SECRETARY OF THE TREASURY
TO CONDUCT NORMAL BANKING OPERATIONS
Changes reported during week ended December 27* 1933
New Member Banks
(Continued)
*Citizens State Bank & Trust Company
*Farmer£T& Merchants State Bank
Windham%ational Bank
(Succeeded National Bank of
Bellows Falls)
^
*Union Bank
Farmers-Merchants National Bank
in Princeton,
-r
j
(Succeeded Fanaers-Merchants
National Bank)
Goose Creek, Texas
Shamrock^ Texas
Bellows -falls, Vermont
Winchester, Va.
Princeton, Wis.
OTHER CHANGES
First National Bank
(Absorbed ty Bank of America,
San Francisco, Calif., nonmember)
Rhode Island Hospital Trust Company
(Withdrew from membership)
^Admitted to membership during week
Grass Valley, Calif*
Providence, R. I.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
DECLASSIFIED
Authority
£ . C . tC & O l
xlAL
NONMEMBER BANKS AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended December 27% 1933
ADDITIONS
Existing Banks
Ordway Jlate Bank
State Bank of Wiley
Holton State Eank
^
North Madison State Bank
Mondamin Savings Bank
New Brunswick Trust Company
Farmers & Merchants Bank Co.
North Bloomfield Banking Company
Ordway, Colo.
Wiley, Colo.
Holton, Ind.
Horth Madison, Ind.
Mondamin, Iowa
New Brunswick,
j#
Anna, Ohio
North Bloomfield, Ohio
New Banks
Schuyler County' State Bank
(Succeeded Schuyler County Bank)
Burke & Herbert Bank & Trust Co.
(Succeeded Burke & Herbert,
Private Bankers)
Lancaster, Missouri
Alexandria, Va.
OTHER CHANGES*
Bank of Prichard
(Suspended)
Citizens Bank
(Absorbed by Citizens National Trust
4 Savings Bank, Riverside, Calif.)
Security Savings Bank
(Absorbed by Citizens National Trust
& Savings Bank)
Deer Creek Bank
(Suspended)
Citizens State Bank
(Suspended)
Farmers State Bank
(Placed on restricted basis)
Washington County Bank
(Placed on restricted basis)
Gladstone State Bank
(Suspended)
Security State Bank
(Absorbed by Central State Bank.
McKinney, Texas, State member)
Prichard, Ala.
Arlington, Calif.
Riverside, Calif,
Deer Creek, 111.
Pulaski, 111.
Zionsville, Ind.
Potosci, Missouri
Gladstone, N. D.
Blue;
Ridge, Texas
Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
”*
Authority_^,p, 10SC)
NONMMBER B A M S AUTHORIZED TO CONDUCT NORMAL BANKING OPERATIONS
(UNRESTRICTED BASIS)
Changes reported during week ended December 27, 1933
OTHER CHANGES* (Continued)
Farraer.&.& Merchants State Bank
(Absorbed t y Brady National Bank)
r
State Bank of Junction
(Placed on restricted tt§|sis)
Stonewall Bank
(Absorbed by First National Bank,
Harrisonburg, Va.)
Brady, Texas
Junction, Texas
McGaheysville, Va,
*Does not include nonmember banks admitted to membership in the
Federal Reserve System, which banks appear on the list covering
licensed member banks.
d e c l a ssif ie d
Authority ff r>.
iO&
OL
,AL
NON-LICENSED BANKS 'PLACED IN LIQUIDATION OR RECEIVERSHIP*
Week ended December 27. 1933
Member Banks
First National Bank
First National Bank
Hastings National Bank
First NSfcional Bank
Monticello, 111.
Gibsland, La.
Hastings, Mich.
East Orange, N. J.
■f
M
Nonmember Banks
Colfax County Bank
Troup State Bank
Howell, Nebr.
Troup, Texas
OTHER CHANGES
First National Bank
(Receivership revoked and bank
placed back in charge of con
servator)
O'Donald State Bank
(Title changed to Howard City
State Bank)
Security National Bank
(Receivership revoked and bank
placed back in charge of con
servator)
Eads, Colorado
Howard City, Mich.
Clinton, Okla.
*Includes banks absorbed or succeeded ty other banks for which advice of
formal liquidation or receivership has not been received.
Reproduced from the Unclassified I Declassified Holdings of the NatiojjgJ^rcJiives
^J
n.
X \\
■ "
-
DECLASSIFIED
Authority jg , q . (C S O i
ffice Corresponaence
F o rm N o. l$a£
KV.
,>
'J V
Federal Reserve Board
_______
. ‘ 1 ■
. i
FEDERAL RESERVE
i
vJ
January 5, 1934.
\
ubject:_
From._Mr. Smead______________________
»p o
Qy
f
(J*
N
1 telegram under date of January 4 from the Atlanta
Federal Reserve Bank rejferts the following bank closings:
Banks suspended or placed in liquidation after having
resumed full banking operations*#
Covington Bank & Trust Co,
Bank of La Place
Commercial Bank
Deposits
(In thousands)
Supplied by Div, of
Bank Operations,
936
124
370
Covington, La,
La Place, La.
Arcadia, La,
t
Banks suspended or placed in liquidation after having
resumed operations on a restricted basis or without having
resumed any banking operations**
*
interstate Trust & Banking Co,
Metairie Bank
F R CiReuBftSie:rc^a- Bank of Lafayette
O
*
/
and Trust Comparer
w Bfack..Y.yi.JaeK„9^Loreauville
.
r. Hamlin.VC«^raog4j?sU^oa Bank & Trust Co,
r. M ille r. uV^.j|erfibatvts & Planters Bank
r. J
a
m
e
s
. . Bank & Trust Co.
r. Thomas /^/.Bank.af,JDelhi
r Szymczak •
.
■y.-Gastop.wltate Bank
•y*.......
r. TWartin.
16— 852
New Orleans, La, >
Metairie Ridge, La,
Lafayette, La,
Loreauville, La,
Hammond^, La,
Bunkie, La,
Alexandria, La,
Delhi, La,
Castor, La.
. V : . ..................... ..
r. Morrill.
..................... ..
r. Bethea.. X . . ............................
r. Carpenter
........................
r.
N
oel!. •VC'ly/.......
r.
Smead......... t . . • • .
r. Goldenweiser..vf. . . X
•, Paulger...........
■W a t
y t ...^-*Member* bank
**A11 the banks are nonmembers except the one indicated by an
;s note — e e
ae
c
which is a State member bank.
d '! m t
?u o
12,305
213
1,280
64
2,312
609
823
15436
