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'THIS COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCES.
NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE.
F.R; CONFIDENTIAL
' BbAftD OF GOVERNORS OF THE FEDERAL RESERVE SfSTEM
L.U.5

;

November 17, 19$h

CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING OCTOBER 1951
Name and location of banks and branches

Class
of bank

Date of
change

New banks
(except successions and conversions)
Uptown National Bank

Moline, 111.
Rock Island County

National

10- 1-5U

Arkansas Valley State Bank

Valley Center, Kansas
Sedgwick County

Ins.non.

10- k-5k

Oconee County Bank

Seneca, S. C.
Oconee County

Ins. non.

10-lli-SL

Ins.non.

10-20-51;

Successions and conversions
Bank of Dunedin
Converted to —
First National Bank

Dunedin, Fla.

Industrial Savings Bank
Converted to —
Industrial National Bank

Miami, Fla,

Blacksburg Depository
Converted to —
Blacksburg State Bank

Blacksburg, S, C.

Graniteville Depository
Converted to —
Graniteville Valley Bank

Graniteville, S. C.

Dunedin, Fla.

Miami, Fla.

Blacksburg, S. C.

Graniteville, S. C.

National
Ins.non.

10- 1-SU

National
Nonins.

10- 7 - 5 k

Ins.non.
Nonins.

10- 1-5L

Ins.non.

Consolidations, absorptions, etc.
Ins.non.
Antioch, Calif.
Antioch Bank of Savings
National
Antioch, Calif.
First National Bank
These two banks were
absorbed by —
Wells Fargo Bank & Union Trust Co, San Francisco, Calif. Member




10- 1~$h

2 -

Name and location of banks and branches

Class
of bank

Date of
change

Ins.non.
National

10- U-5U

Consolidations, absorptions, etc. (Cont'd)
Bank of Eureka
Anglo California National Bank
These two banks merged
under charter and title of —
Anglo California National Bank

Eureka, Calif.
San Francisco, Calif.

Hamilton National Bank
National Bank of Washington
These two banks consolidated
under charter and title of —
National Bank of Washington

Washington, D. C.
Washington, D. C.

Riggs National Bank
Washington JLoan & Trust Co.
These two banks consolidated
under charter and title of —
Riggs National Bank

Washington, D. C.
Washington, D. C.

Guaranty State Bank
Merchants National Bank
These two banks consolidated
under charter and title of —
Merchants National Bank

Topeka, &ansas
Topeka, Kansas

Manton State Bank
Absorbed by —
Cadillac State Bank

Manton, Mich.

San Francisco, Calif.

Washington, D. C.

Washington, D. C.

Topeka, Kansas

National
National
National
National
National
Member

Ins.non.
National

Ins.non.
Ins.non.
National
National

Chemical Bank & Trust Co.
New York, N. Y.
Corn Exchange Bank Trust Co.
New York, N. Y.
- These two banks merged under
charter of Chemical Bank & Trust Co.
and title of —
Chemical Corn Exchange Bank
New York, N. Y.

Member
Member

Member

Union Licking Bank
Absorbed by —
First National Bank

National




10-30-51

National

Cadillac, Mich.

Newark, Ohio

10- 1—5U

National

National Commercial Bank & Trust Co.
Albany, N. Y.
Plattsburg National Bank & Trust Co.
Plattsburg, N. Y.
These two banks merged
under charter and title of —
National Commercial Bank & Trust Co. Albany, N. Y.

Newark, Ohio

10- h-5h

10- 1-5U

10-

National

Member

10-18-Sh

10- 1-51*

- 3 -

Name and location of banks and branches

Class
of bank

Date of
change

10-11-51*

Consolidations, absorptions, etc. (Cont'd)
National Bank of Brookville
Absorbed by —
Du Bois Deposit National Bank

Brookville, Pa.

National

Du Bois, Pa.

National

Peoples Bank
First National Bank
These two banks
were absorbed by —
Peoples First National Bank &
Trust Co.

California, Pa,
Canonsburg, Pa,

Pittsburgh, Pa.

National

Merchants National Bank
Sellersville National Bank
These two banks consolidated
under charter and title of —
Merchants National Bank

Quaker town, Pa,
Sellersville, Pa.

National
National

Quakertown, Pa,

National

Hiwassee Bank
Absorbed by —
Cleveland National Bank

Charleston, Tenn.

First National Bank
Absorbed by —
Seattle-First National Bank

Renton, Wash.

Bank of Pickens
Absorbed by —
Citizens National Bank

Pickens, W. 7a.

Cleveland, Tenn.

Seattle, Wash.

Elkins, W. Va.

Ins.non.
National

Ins.non.

10- 2-Sh
10-11-51*

10- k-5k

10- 1-51*

National
National

10- L-51

National
Ins.non.

10- 1-51*

National

Admission of State bank to Federal Reserve Membership
First State Bank

Britt, Iowa

Ins.non.

io- 1-5U

Ins.non.

io- 5-51*

Changes in name or location
Peoples Industrial Bank
Name changed to —
Industrial Savings Bank

Fort Lauderdale, Fla.

Branches established
(including branches at military and other Government
establishments and banks converted into branches)
First National Bank
North Florence Branch
j
(De novo)




Florence, Ala.
1131 Wills Ave.
Florence, Ala.
Lauderdale County

National
10- 8-51*

—

h

—

Name and location of banks and branches

Class
of bank

Date of
change

Branches established (Cont'd)
(including branches at military and other Government
establishments and banks converted into branches)
Bank of Douglas
Tombstone Branch
(De novo)

Phoenix, Ariz.
Allen Street
Tombstone, Ariz,
Cochise County

Valley National Bank
Arcadia Office
(De novo)

Alhambra, Calif.
National
111*3 West Huntington Drive
Arcadia, Calif.
Los Angeles County

Northern Counties Bank
Gridley Office
(De novo)

Marysville, Calif•
520 Kentucky St.
Gridley, Calif.
Butte County

Ins.non.

First National Bank
Gridley Office
(De novo)

Oro ville, Calif.
381 Highway 99E
Gridley, Calif.
Butte County

National

Anglo California National Bank
Eureka Office
(Formerly Bank of Eureka)

San Francisco, Calif.
Third & E Streets
Eureka, Calif,
Humboldt County

National

Midtovm Office
(De novo)

Ins.non.

10- l-5h

10-25-5>li

10-29-5U

10- k-$k

1500 - 21st Street
Sacramento, Calif.
Sacramento County

10-l8-5k

Bank of America, N.T. & 5.A.
Tahoe Valley Branch
(De novo; replaces the
agency previously operated
seasonally, between June 1
and September 30 of each year)

San Francisco, Calif.
Tahoe Valley, Calif.
El Dorado County

National

Wells Fargo Bank & Union Trust Co.
Antioch Branch
(Formerly Antioch Bank of
Savings & First National Bank)

San Francisco, Calif.
301 G Street
Antioch, Calif.
Contra Costa County

Member

Firpt National Bank
Palo Alto Office
(De novo)

San Jose, Calif.
33h California Ave.
Palo Alto, Calif.
Santa Clara County

National




10-15-5L

10- 1-Sh

10- 1-5U

10-12-&

- 5 -

Name and location of banks and branches

Class
of bank

Date of
change

Branches established (Cont'd)
(including branches at military and other Government
establishments and banks converted into branches)
First National Trust & Savings Bank
San Roque Branch
(De novo)

Santa Barbara, Calif.
National
29 West Calle Laureles
Santa Barbara, Calif.
Santa Barbara County

Farrrdngton Savings Bank
Unionville Branch
(De novo)

Farmington, Conn.
Unionville, Conn.
Hartford County

Nonins.

Putnam Trust Company
Drive-in Office
(De novo)

Greenwich, Conn.
Mason Street
Greenwich, Conn.
Fairfield County

Ins.non.

Thompsonville Trust Co.
Somers Branch
(De novo)

Thompsonville, Conn.
Main & Battle Sts.
Somers, Conn.
Tolland County

Member

10- 1-SL

10- h-Sb

10— li—

National
Washington, D. C.
National Bank of Washington
301 Seventh St., N. W.
Washington Branch
Washington, D. C.
(De novo; formerly head office
Independent City
of National Bank of Washington,
which consolidated with Hamilton
National Bank under charter and
title of National Bank of Washington)
Riggs National Bank
Washington, D. C.
Washington Loan & Trust Branch
900 F Street, N. W.
(Formerly Washington Loan & Trust Co.)
Washington, D. C.
Independent City

10- U-5U

National

Lincoln National Bank & Trust Co.
State-Sherman Branch
(De novo)

Fort Wayne, Ind.
901 West State Blvd.
Fort Wayne, Ind.
Allen County

National

Merchants Trust Co.
West Jackson Street Branch
(De novo)

Kuncie, Ind.
2700 West Jackson St.
Muncie, Ind.
Delaware County

Member




10-11-51.

10-

l-$h

10-

Q-Sh

10-18-5U

- 6 -

Name and location of banks and branches

Glass
of bank

Date of
change

Branches established (Cont'd) »
(including branches at military and other Government
establishments and banks converted into branches)
First National Bank
Eastern Parkway & Shelby Branch
(De novo)

Louisville, Ky.
801 Eastern Parkway
Louisville, Ky.
Jefferson Country

National

First National Bank
South Avenue Office
(De novo)

Lewiston, Maine
993 Lisbon Street
Lewiston, Maine
Androscoggin County

National

Annapolis Banking & Trust Co.
West Street Branch
(De novo)

Annapolis, Md.
Member
West Street & Chinquapin
Round Road
Annapolis, Md,
Anne Arundel County

Equitable Trust Co.
Hillendale Office
(De novo)

Baltimore, Md.
Ins.non.
681*3 Loch Raven Blvd.
Baltimore County, Md.

Wellesley Trust Co.
Overbrook Office
(De novo)

Wellesley Hills, Mass,
986 Worcester Street
Wellesley, Mass.
Norfolk County

Ann Arbor Bank
Packard-Brockman Office
(De novo)

Ann Arbor, Mich.
Member
Packard St. & Brockman Blvd.
Ann Arbor, Mich.
Washtenaw County

Bay City Bank
Midland Street Branch
(De novo)

Bay City, Mich.
311* East Midland St.
Bay City, Mich.
Bay County

Member

Cadillac State Bank
Manton Branch
(Formerly Manton State Bank)

Cadillac, Mich.
Manton, Mich.
Wexford County

Ins.non.

National Bank of Richmond
Memphis Branch
(De novo)

Richmond, Mich.
80889 Main St.
Memphis, Mich*
Macomb County

National




10- h-5h

10- 6-51*

10-27-5L

10-20-5U

Member
10-25-51*

10-29-5L.

10-25-51*

10- 1-51*

10-21-51*

- 7 Name and location of banks and branches

Class
of bank

Date of
change

Branches established (Cont'd)
(including branches at military and other Government
establishments and banks converted into branches)
Allenhurst National Bank & Trust Co.
Corlies Branch
(De novo)

Allenhurst, N. J.
301 Main Street
Allenhurst, N. J.
Monmouth County

National

Bank of Allwood
Richfield Office
(De novo)

Clifton, N. J.
I3U4 Clifton'Ave.
Clifton, N. J.
Passaic County

Member

Harmonia Savings Bank
Morris Avenue Branch
(De novo)

Elizabeth, N. J.
5U0 Morris Ave,
Elizabeth, N. J.
Union County

Ins.non.

Morristown Trust Co.
Office on the Green
(De novo; formerly head
office of Morristown Trust Co.
which moved from 28 Park Place
to 225 South Street)

Morristown, N. J.
28 Park Place
Morristown, N. J.
Morris County

Member

National Commercial Bank & Trust Co.
Plattsburg Office
(Formerly Plattsburg National Bank
& Trust Co.)

Albany, II. Y.
2 Brinkerhoff St.
Plattsburg, N. Y.
Clinton County

National

Bronx Savings Bank
University Avenue Branch
(De novo)

New York, N. Y.
1725 University Ave.
New York, N. Y.
Bronx County

Ins.non.

Chemical Corn Exchange Bank
Main Office
(Formerly Corn Exchange Bank
Trust Co.)

New York, N. Y.
13 William St.
New York, N, Y.
New York County

Member

Lincoln National Bank & Trust Co.
Industrial Park Office
(De novo)

Syracuse, N. Y.
North Midler Ave.
& Court St.
Dewitt, N. Y.
Onondaga County

National




10-h-Sh

10-22-5ii

10- 5-5U

10-13-51*

10- h-Sh

10- 2-5h

10-18-51

10- 7 - S h

Name and location of banks and branches

Class
of bank

Date of
change

Branches established (Cont'd)
(including branches at military and other Government
establishments and banks converted into branches)
American Trust Co.
Sedgefield Branch
(De novo)

Charlotte, N. C.
South Boulevard
& Marsh Road
Charlotte, N, C.
Mecklenburg County

Member

Concord National Bank
North Office
(De novo)

Concord, N. C.
905 North Church St.
Concord, N. C.
Cabarrus County

National

First National Bank
First National Drive-In Branch
(De novo)

Cambridge, Ohio
12h East 8th St.
Cambridge, Ohio
Guernsey County

National

Peoples Bank Co,
Groveport Branch
(De novo)

Canal Winchester, Ohio
Groveport, Ohio
Franklin County

Member

Savings Bank Company
Central Center Branch
(De novo)

Chillicothe, Ohio
60 Central Center
Chillicothe, Ohio
Ross County

Ins.non

Cleveland Trust Co.
Northfield-Libby Branch
(De novo)

Cleveland, Ohio
Member
Northfield & Libby Roads
Maple Heights, Ohio
Cuyahoga County

Greenville National Bank
Gettysburg Branch
(De novo)

Greenville, Ohio
Gettysburg, Ohio
Darke County

National

First National Bank
Union Licking Branch
(Formerly Union Licking Bank)

Newark, Ohio
6-8. North Park Place
Newark, Ohio
Licking County

National

Portland Trust Bank
Midland Branch.
(De novo)

Portland, Cro.
Member
620 Southeast 122nd Ave.
Multnomah County, Oregon
(?. 0. Portland)




10-26-51i

10-19-5U

10-11-5U

10- 7-5U

8- 9-5U

10-18-5U

10- 1-5 U

10- 1-5 U

10- 2-5k

- 9 Class
of bank

Name and location of banks and branches

Date of
change

Branches established (Cont'd)
(including branches at military and other Government
establishments and banks converted into branches)
National Bank of Boyertown
Bally Branch
(De novo)

Boyertown, Pa.
Bally, Pa.
Berks County

National

Farmers National Bank of Bucks County
220 Radcliffe Street Office
(De novo)

Bristol, Pa.
220 Radcliffe St.
Bristol, Pa.
Bucks County

National

10-11-54

Du Bois Deposit National Bank
Du Bois, Pa.
Brookville Branch
Brookville, Pa.
(Formerly National Bank of Brookville) Jefferson County

National

Union Bank
Westside Office
(De novo)

Erie, Pa.
1400 W. 26th St.
Erie, Pa.
Erie County

Ins.non.

Lebanon National Bank
Cleona Branch
(De novo)

Lebanon, Pa.
Cleona, Pa.
Lebanon County

National

Fidelity Trust Co.
Neville Island Branch
(De novo)

Pittsburgh, Pa.
Member
Grand & Nebraska Avenue
Neville Island, Pa.
Allegheny County

Peoples First National Bank & Trust Co,
St. Clair Branch
(De novo)

Pittsburgh, Pa.
285 Fort Couch Rd.
Bethel Borough, Pa.
Allegheny County

10-18-54

10-11-51

9-15-54

10-25-54

10-29-514

National
10-26-54

California Branch
(Formerly Peoples Bank)

California, Pa.
Washington County

30- 2-54

Canonsburg Branch
(Formerly:First National Bank)

Northeast corner of
Pike St. & Central Ave.
Canonsburg, Pa.
Washington County

10-11-54

Greater Pittsburgh Airport Branch
(De novo)

Room 149 Terminal Bldg.
Greater Pittsburgh Airport
Pittsburgh, Pa.
Allegheny County

10-21-54




- 1 0 -

Name and location of banks and branches

Class
of bank

Date of
change

Branches established (Cont'd)
(including branches at military and other Government
establishments and banks converted into branches)
McDowell National Bank
Hickory Branch
(De novo)

Sharon, Pa.
National
2U01 Sharon-Mercer Road
Hickory. Township, Pa.
(P. 0. Sharon)
Mercer County

Merchants National Bank
Quakertovm, Pa.
National
Sellersville Branch
207-209 North Main St.
(Formerly Sellersville National Bank)
Sellersville, Pa.
Bucks County
First .National Bank
West Bristol Branch
(De novo)

Bristol, Term.
195k West State St.
Bristol, Term.
Sullivan County

National

Cleveland National Bank
Hiwassee Branch
(Formerly Hiwassee Bank)

Cleveland, Tenn.
Charleston, Tenn.
Bradley County

National

Union Planters National Bank
Lamar Branch
(De novo)

Tenn.
276U Lamar Ave.
Memphis, Tenn.
Shelby County

National

National Bank of East Stanwood
Timber Bowl Branch
(De novo)

East Stanwood, Wash.
Darrington, Wash.
Snohomish County

National

National Bank of Commerce
Empire Way Branch
(De novo)

Seattle, "fash.
71^3 Empire Way
Seattle, Wash.
King County

National

Seattle-First National Bank
Renton Branch
(Formerly First National Bank)

Seattle, Wash.
311 Williams St.
Renton, Wash.
King County




9-27-5L

10- k-Sh

10- 7-514

10-

1-Sh

10-29-51

10— h—5h

10-25-51

10- li-51i

- 1 1 -

Name and location of banks and branches

Class
of bank

Date of
change

Branches acquired by absorption or purchase
National Bank of Washington
Acquired through consolidation
and will operate the 8 branches
formerly operated by Hamilton
National Bank.

Washington, D. C.

National

10- 4-54

Riggs National Bank
Acquired through consolidation
and will operate the branch
formerly operated by Washington
Loan and Trust Co.

Washington, D. C.

National

10- 1-54

National Commercial Bank & Trust Co.
Acquired through merger and will
operate the 3 branches formerly
operated by Plattsburg National
Bank & Trust Co.

Albany, N. Y.

National

10- 4-54

Chemical Corn Exchange Bank
Acquired through merger and will
operate the ?8 branches formerly
operated by Corn Exchange Bank
Trust Co.

New York, N. Y.

Member

10-18-54

Branches discontinued
First National Bank
Preston & Oak Streets Branch

Louisville, Ky.
402 East Oak Street

National

Fidelity-Baltimore National Bank
& Trust Co.
Fayette Street Office

Baltimore, Md.

National

10- 1-54

Fayette & St. Paul Streets

10- 1-54

Changes in name or location of branches
Bank of America, N.T. & S.A.
Vacaville Branch
Moved from
Moved to

San Francisco, Calif.
National
Vacaville, Calif.
Main & Elizabeth Sts.
367 Merchant St.

Industrial National Bank
Washington Boulevard Branch
Moved from
Moved to

Detroit, Mich.

Lincoln National Bank
Colonial Branch
Moved from
Moved to

Newark, N. J.




10- 4-54

Nati
10-25-54

1408 Washington Blvd.
1258 Washington Blvd.
Nati
10-11-54
538 Broad Street
536 Broad Street

- 12 -

Name and location of banks and branches

Class
of bank

Date of
change

Changes in name or location of branches (Cont'd)
Broad Street National Bank
Hamilton Avenue Branch
Moved from
Moved to

Trenton, N. J.

Dry Dock Savings Bank
Bowery Office
Moved from
Moved to
>

New York, N. Y.

Long Island City Savings Bank
Jackson Heights Branch
Moved from
Moved to

New York,
Jackson
72-09
72-35

Manufacturers Trust Co.
Fifth Avenue Office
Moved from
Moved to

New York, N. Y.




National
10- 4-54

Hamilton & S. Clinton Aves.
360 Hamilton Ave.
Ins.non.
10- 1-54
341 Bowery
113 Second Ave.
N. Y.
Ins.non.
Heights, N. Y.
Broadway
Broadway

513 Fifth Avenue
510 Fifth Avenue

9-20-54

Member
10- 4-54