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FEDERAL RESERVE BANK O F NEW YORK
Circular N o. 3 8 2 8
M arch 6. 1952
.

Fiscal Agent o f the United States

O ffe rin g o f $ 1 ,2 0 0 ,0 0 0 ,0 0 0 o f 91-D ay Treasury B ills
Dated March 13, 1952

Maturing June 12, 1952

To all Incorporated Banks and Trust Companies and Others
Concerned, in the Second Federal Reserve D istrict:

Following is the text of a notice published today:
F O R R E L E A S E , M O R N IN G N E W S P A P E R S ,
Thursday, M arch 6, 1952.

TREASURY DEPARTM ENT
W ashington

T h e Secretary o f the Treasury, by this public notice, invites tenders for $1,200,000,000, or thereabouts, o f 91-day Treasury
bills, for cash and in exchange for Treasury bills maturing M arch 13, 1952, in the amount o f $1,200,454,000, to be issued on
a discount basis under com petitive and non-com petitive bidding as hereinafter provided. T he bills o f this series w ill be dated
M arch 13, 1952, and w ill mature June 12, 1952, when the face amount w ill be payable w ithout interest. T h ey w ill be
issued in bearer form only, and in denominations o f $1,000, $5,000, $10,000, $100,000, $500,000, and $1,000,000 (maturity value).
Tenders will be received at Federal Reserve Banks and Branches up to the closing hour, tw o o ’clock p.m., Eastern
Standard time, M onday, March 10, 1952. Tenders will not be received at the Treasury Department, W ashington. Each
tender must be for an even multiple o f $1,000, and in the case o f com petitive tenders the price offered must be expressed on
the basis o f 100, with not m ore than three decimals, e.g., 99.925. Fractions may not be used. It is urged that tenders be
made on the printed form s and forwarded in the special envelopes which w ill be supplied b y Federal Reserve Banks or
Branches on application therefor.
O thers than banking institutions w ill not be permitted to submit tenders except fo r their ow n account. Tenders w ill be
received w ithout deposit from incorporated banks and trust com panies and from responsible* and recognized dealers in invest­
ment securities. Tenders from others must be accom panied b y payment o f 2 percent o f the face am ount o f Treasury bills
applied for, unless the tenders are accom panied by an express guaranty o f payment by an incorporated bank or trust company.
Im m ediately after the closing hour, tenders w ill be opened at the Federal Reserve Banks and Branches, follow in g which
public announcement w ill be made by the Secretary o f the Treasury o f the amount and price range o f accepted bids. Those
submitting tenders w ill be advised o f the acceptance or rejection thereof. T he Secretary o f the Treasury expressly reserves
the right to accept or reject any or all tenders, in whole or in part, and his action in any such respect shall be final. Subject
to these reservations, non-com petitive tenders for $200,000 or less without stated price from any one bidder w ill be accepted
in full at the average price (in three decimals) o f accepted com petitive bids. Settlement for accepted tenders in accordance
with the bids must be made or com pleted at the Federal Reserve Bank on M arch 13, 1952, in cash o r other immediately
available funds or in a like face amount o f Treasury bills maturing March 13, 1952. Cash and exchange tenders w ill receive
equal treatment. Cash adjustments w ill be made for differences between the par value o f maturing bills accepted in exchange
and the issue price o f the new bills.
T h e incom e derived from Treasury bills, whether interest or gain from the sale or other disposition o f the bills, shall
not have any exemption, as such, and loss from the sale o r other disposition o f Treasury bills shall not have any special
treatment, as such, under the Internal Revenue Code, or laws am endatory or supplementary thereto. T h e bills shall be
subject to estate, inheritance, gift, or other excise taxes, whether Federal o r State, but shall be exem pt from all taxation
n ow or hereafter im posed on the principal or interest thereof by any State, or any o f the possessions o f the United States,
o r by any local taxing authority. For purposes o f taxation the amount o f discount at which Treasury bills are originally
sold by the United States shall be considered to be interest. U nder Sections 42 and 1 1 7 (a )(1 ) o f the Internal Revenue
Code, as amended by Section 115 o f the Revenue A ct o f 1941, the amount o f discount at w hich bills issued hereunder are
sold shall not be considered to accrue until such bills shall be sold, redeemed or otherwise disposed of, and such bills are
excluded from consideration as capital assets. A ccordin gly, the ow ner o f Treasury bills (other than life insurance com panies)
issued hereunder need include in his incom e tax return only the difference between the price paid for such bills, whether
on original issue or on subsequent purchase, and the amount actually received either upon sale or redemption at maturity
during the taxable year for which the return is made, as ordinary gain or loss.
Treasury Department Circular N o. 418, as amended, and this notice, prescribe the terms o f the Treasury bills and govern
the conditions o f their issue. Copies o f the circular may be obtained from any Federal Reserve Bank or Branch.

This Bank will receive tenders up to 2 p.m., Eastern Standard time, Monday, March 10, 1952, at the Securities
Department of its Head Office and at its Buffalo Branch. Please use the form on the reverse side of this circular to
submit a tender, and return it in an envelope marked “Tender for Treasury Bills.” Payment f o r the Treasury bills
cannot be made by credit through the Treasury T a x and Loan A ccount. Settlement must be made in cash or other
immediately available funds or in maturing Treasury bills.
A lla n Sproul, President.
R e s u lts o f la s t o ffe r in g o f T r e a s u r y b ills ( 9 1 - d a y b ills d a t e d M a r c h 6 , 1 9 5 2 , m a t u r in g J u n e 5 , 1 9 5 2 )
T otal applied f o r . . . $1,713,691,000
Total accepted.......... $1,100,691,000 (includes $136,034,000
entered on a non-com petitive basis
and accepted in full at the average
price shown below )
A verage price . . . 99.581- f Equivalent rate o f discount
approx. 1.656% per annum
_
,
. .
....
Range o f accepted competitive bids:
H igh ..................... 99.616
Equivalent rate o f discount
approx. 1.519% per annum
L ow

.....................

99.570

Equivalent rate o f discount
approx. 1.701% per annum
(21 percent o f the amount bid for at the low
price w as accepted)




Federal ReserveTotal
Total
Applied for
Accepted

____ District____
Roston
........................... $
N ew Y ork .......................
Philadelphia ...................
Cleveland .......................
Richm ond .......................
Atlanta ...........................
Chicago ...........................
St. Louis .........................
Minneapolis ...................
g j j j j j 8 City ....................
^ F r a n c i s c o . ! ..........
T otal

...................

10 92£ 000
$
1,291,781,000
23,239.000
36,256,000
10,205,000
19,269,000
lS S ^ O O O
26,852,000
6,493,000
45 700 000
S^S^OOO
---------------------$1,713,691,000

10i925(000
698,881,000
13.239.000
36,256,000
10,205,000
19,269,000
148,122:000
26,852,000
6,493,000
4S 700 000
---------------------$1,100,691,000
( over)

26 Y

IM P O R T A N T — I f you desire to bid on a competitive basis, fill in rate per 100 and maturity
value in paragraph headed "Com petitive Bid.” I f you desire to bid on a non-competitive
basis, fill in only the m aturity value in paragraph headed "N on-com petitive Bid.” D O
N O T fill in both paragraphs on one form . A separate tender must be used for each bid,
except that banks submitting bids on a competitive basis for their own and their customers*
accounts may submit one tender for the total amount bid at each price, provided a list is
attached showing the name of each bidder, the amount bid for his account, and method
of payment. Forms for this purpose w ill be furnished upon request.

No.............................
T E N D E R FOR 9 1 -D A Y T R E A SU R Y BILLS
Dated March 13, 1952

To

Maturing June 12, 1952

Dated a t ..................................
F e d e r a l R eserve B a n k

o f

N ew

Y o r k ,

1952

Fiscal Agent of the United States.
CO M PETITIVE BID

N O N -C O M P E T IT IV E BID

Pursuant to the provisions of Treasury
Department Circular No. 418, as amended, and to
the provisions of the public notice on March
6, 1952, as issued by the Secretary of the Treas­

Pursuant to the provisions of Treasury
Department Circular No. 418, as amended, and to
the provisions of the public notice on March
6 , 1952, as issued by the Secretary of the Treas­
ury, the undersigned offers a non-competitive

ury, the undersigned offers.......................................*
(R a t e p e r 100 )

tender for a total amount of $.
( N o t to e x c e e d $ 2 0 0 ,0 0 0 )

for a total amount of $ .................................................
(maturity value) of the Treasury bills therein
described, or for any less amount that may be
awarded, settlement therefor to be made at your
Bank, on the date stated in the public notice, as
indicated below:

(maturity value) of the Treasury bills therein
described, at the average price (in three deci­
mals) of accepted competitive bids, settlement
therefor to be made at your Bank, on the date
stated in the public notice, as indicated below:

□

□

By surrender of maturing Treasury bills

By surrender of maturing Treasury bills

amounting t o ................... $----------------------------------

amounting t o ...................

□

□

By cash or other immediately available funds

$______________________

By cash or other immediately available funds

*Price must be expressed on the basis o f 100, with not
more than three decimal places, fo r example, 99.925.

The Treasury bills for which tender is hereby made are to be dated March 13, 1952, and are to mature
on June 12, 1952.
This tender will be inserted in special envelope marked “ Tender fo r Treasury Bills.”
Name o f Bidder . . . .
(P le a s e p rin t)

By
( T it le )

(O fficia l signature r e q u ire d )

Street Address

( C it y , T o w n o r V illa g e , P . O . N o ., a n d S tate)

I f this tender is submitted by a bank fo r the account o f a customer, indicate the custom er’s name on line b elow :
(N a m e o f C u stom er)

(C it y , T o w n o r V illa g e , P . O . N o ., a n d S tate)

IM P O R T A N T IN S T R U C T IO N S :
1. N o tender for less than $1,000 will be considered, and each tender must be for an even multiple o f $1,000
(maturity value).
2. If the person making the tender is a corporation, the tender should be signed b y an officer o f the corpora­
tion authorized to make the tender, and the signing o f the tender by an officer o f the corporation w ill be construed as a
representation by him that he has been so authorized. If the tender is made by a partnership, it should be signed by a
mem ber o f the firm, w ho should sign in the form “ ........................................................................................... . a copartnership, b y
............................................................................................................. a mem ber o f the firm.”
3. Tenders w ill be received without deposit from incorporated banks and trust com panies and from respon­
sible and recognized dealers in investment securities. Tenders from others must be accom panied by payment o f 2 percent
o f the face amount o f Treasury bills applied for, unless the tenders are accom panied by an express guaranty o f payment
by an incorporated bank o r trust company.
4. If the language o f this tender is changed in any respect, which, in the opinion o f the Secretary o f the
Treasury, is material, the tender may be disregarded.

Payment b y credit through Treasury Tax and Loan A ccou n t xvil not be permitted.

http://fraser.stlouisfed.org/
T E N T B Bank of
(OVER)
Federal Reserve— 1132-a St. Louis

5

1
X

X

I

Cumulative Supplement No. 3
J anuary 1, 1952

Historical Directory
o f the BANKS o f the

x
STATE o f N E W YORK

Compiled by

W

il l ia m

H. D

il l is t in

FED E R A L RESERVE B A N K




OF N E W YO R K
19 5 2

H IS T O R IC A L D IR E C T O R Y O F T H E B A N K S
OF TH E STATE OF N E W Y O R K

B y arrangem ent w ith W illiam H. Dillistin and the N ew Y ork State
Bankers A ssociation , there is presented herew ith Cumulative Supplem ent
N o. 3 to the H istorical D irectory o f the Banks o f the State o f N ew Y ork ,
w hich w as com piled by Mr. D illistin and published b y the A ssociation
in O ctober, 1946.
This supplem ent covers the period fr o m O ctober 1, 1946 to January
1, 1952, and sets fo r th a b r ie f statem ent o f each addition o r change a ffect­
in g the m aterial in the directory, w hich has com e to ou r notice since the
directory w as published. F ollow in g the plan o f the directory, the new
m aterial is presented first with respect to banks in the C ity o f N ew Y ork
(P a rt I ) , and then w ith respect to banks in other cities and tow ns
(P a rt I I ) , arranged in alphabetical order by location. There is also
included in this supplem ent a list o f additions to P art III o f the directory,
w hich is an alphabetical index o f all bank names regardless o f location.
T he superior letters preceding bank names in P arts I and II have
the same m eanings as in the original directory, as follow s:
ABank in active operation.
BO u t-of-tow n branch o f an active bank.
This supplem ent has been prepared b y the F ederal R eserve Bank o f
N ew Y ork , fr o m in form ation derived fr o m sources believed to be reliable.
Copies are being distributed to all banking institutions in the State o f
N ew Y ork , and w ill be furnished to others upon request, on ly upon
the understanding th at this Bank does not w arrant the com pleteness and
accu racy o f the inform ation, and is n ot responsible f o r any errors or
omissions.

January 1, 1952




2

Cumulative Supplement N o. 3

HISTORICAL DIRECTORY OF THE BANKS
OF THE STATE OF NEW YORK
P art
C I T Y
‘ Am erican T rust Com pany
T ru st Com pany.

OF

I

N E W

Y O R K

( Second) — 1929. F orm erly Pan Am erican

Bank o f N ew Y ork — Name changed A p ril 1948 to Bank o f N ew Y ork
and F ifth Avenue Bank when The F ifth A venue Bank o f N ew Y ork
w as m erged into this bank.
‘ Bank o f New Y ork and F ifth Avenue Bank— 1784.
N ew Y ork.

F orm erly Bank o f

Bank o f Y orktow n . M erged N ovem ber 1949 into The M arine Midland
T ru st Com pany o f N ew Y ork.
‘ Bankers T rust Com pany— 1903.
A cqu ired The Com m ercial National
Bank and T ru st Com pany, Flu sh in g N ational Bank in N ew Y ork,
L aw yers T ru st Com pany, and Title G uaranty and T rust Com pany
in addition to those previously listed.
Boulevard Bank — F orest Hills, Queens. A bsorbed M ay 1948 by Sterling
N ational Bank & T ru st Com pany o f N ew Y ork.
B rooklyn T rust Com pany— Brooklyn.
factu rers T ru st Com pany.

M erged O ctober 1950 into M anu­

‘ Canadian Bank o f C om m erce T rust C om pany, The— 1951.
O ctober 1951.
C entral H anover Bank and T ru st Com pany.
to The H anover Bank.

Chartered

N am e changed June 1951

‘ Chem ical Bank & T rust Com pany— 1929.
A cqu ired The Continental
Bank & T rust Com pany o f N ew Y ork and The N ational Safety
Bank and T ru st Com pany o f N ew Y ork in addition to those pre­
viou sly listed.
C om m ercial N ational Bank and T rust Com pany o f N ew Y ork , The.
M erged M ay 1951 into Bankers T ru st Com pany.
Continental Bank & T ru st Com pany o f N ew Y ork, The. A bsorbed A pril
1948 b y Chemical Bank & T rust Com pany.




3

D ry D ock Savings Institution.
D ock Savings Bank.

N am e changed D ecem ber 1949 to D ry

AD ry D ock Savings Bank— 1848. F orm erly D ry D ock Savings Institution.
F idelity N ation al Bank in N ew Y ork , The— Elm hurst, Queens.
sorbed M ay 1947 by M anufacturers T ru st Com pany.

A b­

F ifth A venue Bank o f N ew Y ork , The. M erged A p r il 1948 into Bank
o f N ew Y ork w hich thereupon changed its name to Bank o f New
Y ork and F ifth Avenue Bank.
Flushing N ational Bank in N ew Y ork — Flushing, Queens.
D ecem ber 1950 b y Bankers T rust Com pany.
Fulton T rust Com pany o f N ew Y ork .
The N ew Y ork T rust Com pany.

A bsorbed

M erged Septem ber 1949 into

AH anover Bank, The— 1873.
Com pany.

F orm erly Central H anover Bank and T rust

L aw yers T rust Com pany.
Com pany.

M erged Septem ber 1950 into Bankers T rust

M a n u fa ctu r e rs T ru st Com pany— 1905. A cquired B rooklyn T rust Com ­
pany and The N ational B ronx Bank o f N ew Y ork in addition to
those previously listed.
AM arine Midland T ru st Com pany o f N ew Y ork, The— 1907.
Bank o f Y ork tow n in addition to those previously listed.

A cquired

M ariner H arbor N ational Bank, The— P ort Richm ond, Richm ond. Name
changed O ctober 1950 to The Richm ond County N ational Bank o f
P ort Richmond.
AM etropolitan Industrial Bank— B rooklyn— 1929.
Industrial Bank.
AM odern Industrial Bank— 1924.

F orm erly

M ontrose

F orm erly located in Brooklyn.

M odern Industrial Bank— Brooklyn.
to M anhattan.
M ontrose Industrial Bank— B rooklyn.
M etropolitan Industrial Bank.

Location changed F ebruary 1950

N am e changed January 1950 to

N assau Banking Com pany, The— 1878.
bein g in liquidation.

R eported in M arch 1882 as

N ational B ronx Bank o f N ew Y ork , The.
M anufacturers T ru st Com pany.

A bsorbed N ovem ber 1949 by

N ational S afety Bank and T rust Com pany o f N ew Y ork , The.
M arch 1951 into Chem ical Bank & T rust Com pany.




4

M erged

AN ew Y ork T ru st Com pany, The— 1889. A cqu ired Fulton T rust Com pany
o f N ew Y ork in addition to those previously listed.
N orth River Savings Bank.
Savings Bank.

M erged February 1949 into The Bow ery

Pan A m erican T rust Com pany. N am e changed F ebruary 1950 to A m eri­
can T rust Com pany.
‘ Richm ond County N ational Bank o f P ort Richm ond, The— Richm ond—
(81 94 )— 1906. F orm erly The M ariner H arbor N ational Bank.
‘ R oyal Bank o f Canada T ru st Com pany, The— 1951. Chartered M ay 1951.
‘ Staten Island N ational Bank & T rust Com pany o f N ew Y ork— Port
Richmond, Richm ond— (6198)— 1902. A cquired W est N ew Brighton
Bank in addition to one previously listed.
T itle G uarantee and T ru st Com pany. Banking business acquired A u g ­
ust 1950 by Bankers T rust Com pany.
W est N ew B righton Bank— Richmond. M erged O ctober 1951 into Staten
Island N ational Bank & T rust Com pany o f N ew Y ork.

P a r t II
S T A T E

OF

N E W

Y O R K

(Except City o f New Y ork )
ADAM S
Citizens and F arm ers T ru st Com pany, A dam s, N ew Y ork .
M erged
M arch 1947 into The N orthern N ew Y ork T ru st Com pany, W a ter­
town.
B orth ern N ew Y ork T ru st Com pany, The, W atertow n.
N

‘ A lban y Savings Bank— 1820.
A lban y Savings Bank.”

ALBANY
Should read as stated and not “ The

‘ F irst T ru st Com pany o f A lban y— 1926. O perates an ou t-of-tow n branch
at Colonie.
‘ Industrial Bank o f Com m erce o f A lban y— 1915.
Industrial Bank o f Albany.

F orm erly M orris Plan

M orris Plan Industrial Bank o f A lbany. N am e changed N ovem ber 1946
to Industrial Bank o f Com m erce o f Albany.




5

AN ational C om m ercial Bank and T rust Com pany o f A lban y, The— (1301)
— 1865.
O perates ou t-of-tow n branches at Colonie, M enands and
R ensselaer (2 ) in addition to those previously listed.
A
State Bank o f A lbany— 1937. O perates ou t-of-tow n branches at Men­
ands and W a tervliet in addition to those previou sly listed.
A L B IO N
M arine M idland T rust Com pany o f A lbion. M erged A p ril 1951 into The
M arine T ru st Com pany o f W estern N ew Y ork , Buffalo.
BM arine T rust Com pany o f W estern N ew Y ork, The, Buffalo.
A R L IN G T O N
B irst N ational Bank o f Poughkeepsie, The.
F
Y assar Bank.
Consolidated F ebru ary 1947 w ith The F irst N ational
Bank o f Poughkeepsie.
A T T IC A
Bank o f A ttica, The. M erged N ovem ber 1946 into The M arine T rust
Com pany o f Buffalo.
BM arine T ru st Com pany o f W estern N ew Y ork , The, Buffalo.
AU BU RN
W m . H. Sew ard & Co.
Com pany.

A bsorbed D ecem ber 1951 by A uburn T rust

BARKER
B arine T rust Com pany o f W estern N ew Y ork , The, Buffalo.
M
Som erset N ational Bank o f B arker, The. A bsorbed January 1950 by
N iagara County N ational Bank and T ru st Com pany, Lockport.
B A Y SH O RE
A
South Side Bank— 1887. F orm erly South Side Bank o f B ay Shore, N . Y .
Operates an ou t-of-tow n branch at Brentw ood.
South Side Bank o f Bay Shore, N . Y .
South Side Bank.

N am e changed A u g u st 1950 to

B E D FO R D
BCounty T rust Com pany, The, W h ite Plains.
BETHPAGE
BH em pstead Bank.
B IN G H A M T O N
A irst N ational Bank o f Bingham ton, N . Y . (2 0 2 )— 1864.
F
O rigin ally
F irst N ational Bank o f Bingham ton. N am e changed January 1947.




6

‘ M arine M idland T rust Com pany o f Bingham ton— 1910. O perates an outof-to w n branch at E n d icott
BO O N V IL L E
Bank o f Boonville. P rivate bank established M arch 1866 w ith Joseph
R . T h arratt as president and Clark D odge as cashier. Succeeded
1876 by The F irst N ational Bank o f Boonville.
D odge & Sharratt (T h a rra tt). D elete. (S ee Bank o f B oonville.)
‘ F irst N ational Bank o f Boonville, The (2 3 2 0 )— 1876.
o f Boonville.

Succeeded Bank

B R E N TW O O D
BSouth Side Bank, Bay Shore.
BUFFALO
‘ F irst N ational Bank o f Buffalo (2 3 5 )— 1864.
N ational Bank o f Buffalo.
‘ L iberty Bank o f Buffalo— 1882.
W illiam sville.

F orm erly The N iagara

Operates an ou t-of-tow n branch at

‘ M anufacturers and Traders T rust Com pany— 1893. O perates ou t-oftow n branches at E ggertsville, L ock port, N iagara F alls, W est
Seneca and W illiam sville in addition to those previously listed.
M arine T ru st Com pany o f Buffalo. N am e changed A p ril 1951 to The
M arine T ru st Com pany o f W estern N ew Y o rk when P ow er City
Trust Com pany, N iagara F alls, w as m erged into this bank.
‘ M arine T ru st Com pany o f W estern N ew Y ork , The— 1919. O riginally
The M arine T rust Com pany o f Buffalo.
O perates ou t-of-tow n
branches at A lbion , A ttica, B arker, Lackaw anna, L ock port, Medina,
M iddleport, N iagara F alls (4 ), N orth Tonaw anda, Tonaw anda (2 )
and W ilson in addition to those previously listed.
N iagara N ational Bank o f Buffalo, The.
F irst N ational Bank o f Buffalo.

N am e changed June 1950 to

Szczukow ski, V ictor B.
P rivate banker established 1921. A bsorbed
D ecem ber 1930 by The E ast Side N ational Bank o f Buffalo.
C A N A N D A IG U A
BLincoln R ochester T rust Com pany, R ochester.
O ntario County T rust Com pany.
R och ester T rust Com pany.

M erged F ebru ary 1948 into Lincoln

CEDARHURST
‘ Peninsula N ational Bank o f Cedarhurst, The (11854)— 1920.
an ou t-of-tow n branch at H ew lett.




7

O perates

C E N T E R M OR ICH ES
Center M oriches Bank. N am e changed June 1949 to South B ay Bank
when The E a stport N ational Bank w as m erged into this bank.
ASouth Bay Bank— 1902. O rigin ally Center M oriches Bank. O perates an
ou t-of-tow n branch at Eastport.
C H E R R Y CR EEK
“ Chautauqua N ational Bank & T rust Com pany o f Jam estown.
C H U R C H V IL L E
BSecurity T rust Com pany o f R ochester.
State Bank o f Churchville.
Com pany o f Rochester.

M erged July 1950 into Security Trust

CICERO
AC icero State Bank— 1926.
Syracuse.

O perates an ou t-of-tow n branch a t N orth

COHOES
M anufacturers Bank o f Cohoes, The.
N ational C ity Bank o f Troy.

A bsorbed A u g u st 1948 b y The

“N ation al C ity Bank o f T roy , The.
C O LO N IE
“ F irst T rust Com pany o f A lbany.
“ N ational C om m ercial Bank and T ru st Com pany o f A lban y, The.
C O PE N H A G E N
Copenhagen N ational Bank, The. A bsorbed O ctober 1947 b y the N orth ­
ern N ew Y ork T ru st Com pany, W atertow n.
“ N orthern N ew Y ork T ru st Com pany, The, W atertow n.
CO RN IN G
C orning T ru st Com pany.
T rust Com pany.

A bsorbed January 1948 by Lincoln R ochester

“Lincoln R ochester T rust Com pany, (2 ) Rochester.
C R O W N P O IN T
W ym an, J. W .

V olun tary liquidation January 1948.
C U TCH O G U E

F irst N ation al Bank o f C utchogue, The. M erged January 1951 in to The
N orth F ork Bank and T ru st Com pany, M attituck.
“N orth F ork Bank and T ru st Com pany, The, M attituck.




8

D A N S V IL L E
Citizens Bank & T rust Com pany. M erged Septem ber 1947 into Security
T rust Com pany o f R ochester.
BSecurity T rust Com pany o f R ochester.
DE W IT T
BLincoln N ational Bank and T rust Com pany o f Syracuse.
EASTCH ESTER
BF irst N ational Bank & T rust Com pany o f Tuckahoe, The.
EA ST NORTHPORT
B orth port T rust Com pany.
N
EASTPORT
E a stport N ational Bank, The. M erged June 1949 in to Center M oriches
Bank w hich thereupon changed its nam e to South Bay Bank.
BSouth B ay Bank, Center M oriches.
EA ST W O RCESTER
M itchell & Co., P. H. P rivate bankers at Schenevus 1876-84; w ere also
a ctin g as such at E a st W orcester in 1875.
E B E N E ZE R
Ebenezer State Bank, The. M erged M ay 1948 into M anufacturers and
Traders T rust Com pany, Buffalo.
EDW ARDS
Edw ards N ational Bank, The. Converted January 1952 into State Bank
o f Edw ards and Star Lake.
AState Bank o f Edw ards and Star Lake— 1952.
N ational Bank.

O riginally The Edw ards

E G G E R T S V IL L E
M a n u fa ctu r e rs and Traders T rust Com pany, Buffalo.
E LM O N T
BFranklin N ational Bank o f Franklin Square, The.
E N D IC O T T
A ndicott T rust Com pany— 1919.
E
Vestal.

Operates an ou t-of-tow n branch at

BM arine M idland T rust Com pany o f Bingham ton.
U nion T rust Com pany o f Endicott. M erged D ecem ber 1946 into Marine
Midland T rust Com pany o f Bingham ton.




9

F A Y E T T E V IL L E
B erchants N ation al Bank & T ru st Com pany o f Syracuse, The.
M
F IS H K IL L
A
Fishkill Savings Bank— 1857.
F ishkill Savings Institution.
Savings Bank.

F orm erly Fishkill Savings Institution.
N am e changed January 1951 to Fishkill

FORT EDW ARD
F o r t E dw ard N ational Bank, The. A bsorbed N ovem ber 1950 b y Glens
F alls N ational Bank and T ru st Com pany, Glens Falls.
BGlens Falls N ation al Bank and T rust Com pany.
F R A N K L IN S Q U A R E
‘ F ranklin N ational Bank o f Franklin Square, T h e (12997)— 1926. O rig ­
in ally T he Franklin Square N ational Bank. Operates ou t-of-tow n
branches at Elm ont, L evittow n, and R ock ville Centre.
F ranklin Square N ational Bank, The. N am e changed A u g u st 1949 to
The Franklin N ation al Bank o f Franklin Square.
FREEPORT
F irst N ational Bank and T ru st Com pany o f F reeport, The.
N am e
changed N ovem ber 1949 to The Island N ational Bank o f F reep ort
when The F irst N ational Bank o f M errick, N. Y . w as consolidated
w ith this bank.
Island N ation al Bank o f Freeport, The. N am e changed N ovem ber 1949
to The M eadow brook N ational Bank o f Freeport.
M eadow brook N ation al Bank o f F reep ort, The. F orm erly T he Island
N ational Bank o f F reeport. N am e changed January 1950 to The
M eadow B rook N ation al Bank o f Freeport.
‘ M eadow B rook N ation al Bank o f F reeport, T he (77 03 )— 1905. F orm erly
The M eadow brook N ational Bank o f F reeport. Operates ou t-of-tow n
branches at M errick and W est Hem pstead.
GLENS F A LLS
‘ F irst N ation al Bank o f Glens F alls, The (9 8 0 )— 1865. O perates an outof-tow n branch a t South Glens Falls.
‘ Glens F alls N ation al Bank and T rust Com pany (12 93 )— 1865. Operates
an ou t-of-tow n branch at F o r t Edw ard.
H A M IL T O N
N ation al H am ilton Bank, The. A bsorbed D ecem ber 1949 b y The Oneida
V a lley N ational Bank o f Oneida.
BOneida V alley N ational Bank o f Oneida, The.




10

H AM M ONDSPORT
Bank o f H am m ondsport, The. A bsorbed Septem ber 1951 b y Lincoln
R ochester T rust Com pany, Rochester.
BLincoln R ochester T ru st Com pany, R ochester.
H EM PSTEAD
AH em pstead Bank— 1887.
and Levittown.

O perates ou t-of-tow n branches at Bethpage

HEW LETT
B
Peninsula N ation al Bank o f Cedarhurst, The.
H O R N E LL
Barnes & Co., C. P rivate Bankers in 1864.
H U N TIN G T O N
A irst N ation al Bank o f H untington (65 87 )— 1903.
F
tional Bank and T ru st Com pany o f H untington.

F orm erly F irst N a­

F irst N ation al Bank and T rust Com pany o f H untington. O riginally
The F irst N ational Bank o f Huntington. N am e changed N ovem ber
1951 to F irst N ational Bank o f H untington.
IR O N D E Q U O IT
BGenesee V alley T rust Com pany, R ochester.
JA M E S T O W N
AChautauqua N ational Bank & T ru st Com pany o f Jam estow n (15 63 )—
1865. F orm erly The N ational Chautauqua County Bank o f Jam es­
tow n. O perates ou t-of-tow n branches at Chei’ry Creek, South D ayton
and W estfield.
N ation al Chautauqua County Bank o f Jam estow n, The. N am e changed
D ecem ber 1951 to Chautauqua N ational Bank & T ru st Com pany o f
Jam estow n when Union T ru st Com pany o f Jam estow n m erged into
this bank.
Union T ru st Com pany o f Jam estow n, N . Y . M erged D ecem ber 1951 into
The N ational Chautauqua County Bank o f Jam estow n under new
nam e o f Chautauqua N ational Bank & T ru st Com pany o f Jam estow n.
LARCHM ONT
Bank o f W estchester, The, Y onkers (B ranches, 2 ).
into The County T ru st Com pany, W h ite Plains.

M erged Ju ly 1947

BCounty T ru st Com pany, The, (2 ) W h ite Plains. F orm erly branches o f
The Bank o f W estchester, Y onkers.
L E V IT T O W N
BFranklin N ational Bank o f Franklin Square, The.




11

BH em pstead Bank.
L IM A
"G enesee V alley T ru st Com pany, Rochester.
LO C K PO R T
L ock port E xchange T ru st Com pany.
M erged N ovem ber 1949 into
M anufacturers and Traders T ru st Com pany, Buffalo.
B anufacturers and Traders T rust Com pany, Buffalo.
M
B arine T ru st Com pany o f W estern N ew Y ork , The, Buffalo.
M
N iagara County N ation al Bank and T ru st Com pany. M erged A p ril 1951
into The M arine T ru st Com pany o f W estern N ew Y ork , Buffalo.
LYNBROOK
^Peoples N ational Bank o f L ynbrook, The (11603)— 1920. F orm erly The
P eoples N ational Bank and T rust Com pany o f Lynbrook. N am e
changed January 1947.
M AN H ASSET
“P o r t W ashington-M anhasset N ation al Bank (2 ) . One branch form erly
The P ort W ash ington N ational Bank and T ru st Com pany.
P ort W ash ington N ational Bank and T rust Com pany, The (B ra n ch ).
N am e changed June 1949 to P ort W ashington-M anhasset N ational
Bank.
M ASSAPEQU A
BF ort N eck N ation al Bank o f S eaford , The.
M A T T IT U C K
M attituck N ational Bank and Trust Com pany, The. Converted D ecem ­
ber 1950 to a State chartered institution under n ew name o f The
N orth F ork Bank and T ru st Com pany.
A orth F ork Bank and T rust Com pany, The— 1950. O rigin ally T h e M at­
N
tituck N ational Bank and T rust Com pany. O perates an ou t-of-tow n
branch at Cutchogue.
M E D IN A
“ M arine T ru st Com pany o f W estern N ew Y ork , The, Buffalo.
M edina T rust Com pany.
M erged A p ril 1951 into The M arine T rust
C om pany o f W estern N ew Y ork , Buffalo.
M ENANDS
“N ational Com m ercial Bank and T rust Com pany o f A lban y, The.
“ State Bank o f Albany.




12

M ERR ICK
F irst N ational Bank o f M errick, N . Y ., The. Consolidated N ovem ber
1949 w ith The F irst N ational Bank and T ru st Com pany o f F reeport
under new name o f The Island N ational Bank o f F reeport (changed
to The M eadow B rook N ational Bank o f F reep ort).
BM eadow B rook N ational Bank o f Freeport, The.
M IN E O L A
‘ Central N ation al Bank o f M ineola, T h e (13404)— 1929. O perates an outof-tow n branch at W illiston Park.
‘ N assau County T ru st Com pany— 1899.
at Sea Cliff.

O perates an ou t-of-tow n branch

M O N T IC E LLO
‘ Sullivan County T rust Com pany, The— 1923.
branch at W urtsboro.

Operates an ou t-of-tow n

M O U N T K ISCO
Bank o f W estchester, The, Y onkers (B ra n ch ).
The County T ru st Com pany, W hite Plains.
BCounty T rust Com pany, The, W hite Plains.
Bank o f W estchester, Y onkers.

M erged Ju ly 1947 into

F orm erly a branch o f The

N E W B E R L IN
B ational Bank and T rust Com pany o f N orw ich , The.
N
N ational Bank o f N ew Berlin, The. Consolidated D ecem ber 1946 w ith
The N ational Bank and T rust Com pany o f N orwich.
NEW BURGH
‘ N ew burgh Savings Bank— 1852. F orm erly The N ew bu rgh Savings Bank.
N ew burgh Savings Bank, The.
burgh Savings Bank.

N am e changed January 1950 to N ew ­

N IA G A R A F A L L S
“M anufacturers and Traders T rust Com pany.
to one previously established here.

This branch is in addition

“M arine T rust Com pany o f W estern N ew Y ork , The, B uffalo (4 ).
P ow er City T rust Com pany. M erged A pril 1951 into The M arine Trust
Com pany o f Buffalo w hich thereupon changed its name to The
M arine T rust Com pany o f W estern N ew Y ork , Buffalo.
N ORTHPORT
‘ N orth port T rust Com pany— 1912.
E ast N orthport.




O perates an ou t-of-tow n branch at

13

NORTH SYRACU SE
BC icero State Bank.
NORTH TO N AW A N D A
BM arine T rust Com pany o f W estern N ew Y ork , The, Buffalo.
State T rust Com pany o f N orth Tonaw anda. M erged A p r il 1951 into
The M arine T rust Com pany o f W estern N ew Y ork , Buffalo.
N O R W IC H
A ation al Bank and T ru st Com pany o f N orw ich, The (13 54 )— 1865.
N
Operates an ou t-of-tow n branch at N ew Berlin in addition to those
previously listed.
O N E ID A
AOneida Valley N ation al Bank o f Oneida, The (1 0 9 0 )— 1865.
an ou t-of-tow n branch at Ham ilton.

O perates

P O R T C H E STE R
B
County T rust Com pany, The, ( 2 ) , W hite Plains.
W ash ington Irvin g T ru st Com pany.
Trust Com pany, W hite Plains.

M erged July 1947 into The County

PO R T JE F F E R S O N
A
Bank o f N orthern Brookhaven, The— 1889. O rigin ally The Bank o f Port
Jefferson. Operates an ou t-of-tow n branch at P ort Jefferson Station.
Bank o f P ort Jefferson, The. N am e changed to The Bank o f N orthern
B rookhaven when The F irst N ational Bank o f P ort Jefferson w as
m erged into this bank.
F irst N ation al Bank o f P ort Jefferson, The. M erged A p r il 1948 into
The Bank o f P ort Jefferson w hich thereupon changed its nam e to
The Bank o f N orthern Brookhaven.
P O R T JE F F E R S O N S T A T IO N
B
Bank o f N orth ern Brookhaven, The, P ort Jefferson.
P O R T W A S H IN G T O N
P o r t W ashington N ational Bank and T rust Com pany, The.
Name
changed June 1949 to P ort W ashington-M anhasset N ational Bank.
AP ort W ashington-M anhasset N ation al Bank (11292)— 1919. Form erly
The P ort W ashington N ational Bank and T ru st Com pany. O perates
ou t-of-tow n branches at M anhasset (2 ).
P O U G H K E E P S IE
A irst N ational Bank o f Poughkeepsie, The (4 6 5 )— 1864.
F
ou t-of-tow n branch at A rlin gton .




14

Operates an

REN SSELAER
"N ational C om m ercial Bank and T rust Com pany o f A lbany, The (2 ).
R ensselaer County Bank and T rust Com pany. A bsorbed D ecem ber 1947
b y The N ational Com m ercial Bank and T rust Com pany o f A lbany.
R O C H E STE R
A enesee Valley T ru st Com pany— 1901. O perates ou t-of-tow n branches
G
at Irondequoit and Lima in addition to one previously listed.
ALincoln Rochester T rust Com pany— 1893. O perates ou t-of-tow n branches
at Canandiagua, C orning and H am m ondsport in addition to those
previously listed.
ASecurity T rust Com pany o f Rochester— 1892.
O perates ou t-of-tow n
branches at Churchville and Dansville in addition to those previously
listed.
R O C K V IL L E C E N TR E
"Franklin N ational Bank o f Franklin Square, The.
South Shore T rust Com pany. Consolidated D ecem ber 1950 into The
Franklin N ational Bank o f Franklin Square.
R O SL Y N
ARoslyn Savings Bank, The— 1876.
o f Roslyn.

F orm erly The R oslyn Savings Bank

Roslyn Savings Bank o f R oslyn, The.
to The R oslyn Savings Bank.

N am e changed D ecem ber 1950

SC H E N E C T A D Y
Union N ational Bank o f Schenectady, The.
Schenectady T ru st Com pany.

A bsorbed M ay 1947 by The

S E A C L IF F
"N assau County T rust Com pany, M ineola.
State Bank o f Sea Cliff, N. Y ., The. M erged D ecem ber 1949 into Nassau
County T ru st Com pany, M ineola.
SEAFORD
A ort N eck N ational Bank o f Seaford, The (12963)— 1926. F orm erly The
F
S eaford N ational Bank. O perates an ou t-of-tow n branch at M assapequa.
S eaford N ational Bank, The. N am e changed Ju ly 1951 to The F ort
N eck N ational Bank o f Seaford.
SO U TH D A Y T O N
"Chautauqua N ational Bank & Trust Com pany o f Jam estown.




15

SO U TH G LE N S F A L L S
“F irst N ational Bank o f Glens Falls, The.
SYRACUSE
‘ Lincoln N ational Bank and T rust Com pany o f Syracuse (13393)— 1929.
O perates an ou t-of-tow n branch at D e W itt in addition to one
previously listed.
‘ Syracuse T rust Com pany, The— 1903. Operates an ou t-of-tow n branch
at T u lly in addition to one previously listed.
‘ M erchants N ational Bank & T rust Com pany o f Syracuse, T he (1 3 4 2 )—
1865. O perates an ou t-of-tow n branch at F ayetteville in addition
to one previously listed.
TARRYTOW N
“ County T rust Com pany, The, W hite Plains.
F orm erly a branch o f
W ashington Irvin g T ru st Com pany, P ort Chester.
W ashington Irvin g T rust Com pany (B ra n ch ).
The County T ru st Com pany, W hite Plains.

M erged Ju ly 1947 into

TON AW AN DA
F irst T rust Com pany o f Tonaw anda.
M erged A pril 1951 into The
M arine T ru st Com pany o f W estern N ew Y ork , Buffalo.
“ M arine T rust Com pany o f W estern N ew Y ork, The, B uffalo (2 ).
TROY
‘ N ational C ity Bank o f T roy, The (7 6 1 2 )— 1905.
tow n branch at Cohoes.
T roy Prudential A ssociation, Inc.

O perates an ou t-o f-

V oluntary liquidation A p ril 1947.

TUCKAHOE
‘ F irst N ational Bank & T ru st Com pany o f Tuckahoe, The (10525)— 1914.
Operates an ou t-of-tow n branch at Eastchester.
TULLY
F irst N ational Bank o f Tully, The.
cuse T rust Com pany.

A bsorbed June 1948 by The S yra­

“ Syracuse T rust Com pany, The.
VALHALLA
“ Peoples Bank and Trust Com pany o f W hite Plains, The.
VESTAL
“E ndicott T rust Com pany.




16

W ATERTOW N
‘ N orthern N ew Y ork T ru st Com pany, The— 1910. O perates ou t-of-tow n
branches at Adam s and Copenhagen in addition to those previously
listed.
W A T E R V L IE T
N ational Bank o f W atervliet, The.
o f Albany.

A bsorbed A p ril 1948 by State Bank

“ State Bank o f Albany.
W E S T F IE L D
“Chautauqua N ational Bank & T rust Com pany o f Jam estow n.
a branch o f Union T rust Com pany o f Jam estow n, N. Y .

F orm erly

W EST H EM PSTEAD
“ M eadow B rook N ational Bank o f Freeport, The.
W est H em pstead N ational Bank, The. Consolidated M arch 1950 into
The M eadow B rook N ational Bank o f F reeport.
W E S T SE N E C A
“M anufacturers and Traders T rust Com pany, Buffalo.
W H IT E P L A IN S
Citizens Bank o f W hite Plains, N . Y ., The.
County T ru st Com pany, W h ite Plains.

M erged July 1950 into The

A
County T ru st Com pany, The— 1903. O perates ou t-of-tow n branches at
B edford, Larchm ont (2 ), M ount K isco, P ort C hester (2 ), T arrytow n
and Y onkers (2 ) in addition to those previously listed.
‘ Peoples N ational Bank and T rust Com pany o f W h ite Plains, The
(12574)— 1924. Operates an ou t-of-tow n branch at Valhalla.
W IL L IA M S V IL L E
“L iberty Bank o f Buffalo.
“M anufacturers and Traders T rust Com pany, Buffalo.
W IL L IS T O N P A R K
“Central N ation al Bank o f M ineola, The.
W illiston N ation al Bank o f W illiston Park, The. Consolidated D ecem ber
1950 into The Central N ational Bank o f Mineola.
W U R TSB O R O
"Sullivan County T rust Com pany, The, M onticello.
YONKERS
Bank o f W estchester, The.
Com pany, W hite Plains.

M erged Ju ly 1947 into The County Trust

“County T rust Com pany, The, (2 ), W h ite Plains.




17

P a r t III
I N D E X

OF

A L L

B A N K S

(Additions to original list published October 1, 1946)

Nam e

Location

Bank o f N ew Y ork and F ifth Avenue Bank ..................................M anhattan
Bank o f N orthern Brookhaven, The ...........................................P ort Jefferson
B arnes & Co., C.................................................................................................. Hornell
Canadian Bank o f Com m erce T ru st Com pany, The .....................Manhattan
Chautauqua N ational Bank & T rust Com pany o f Jam estown. .. Jam estow n
D ry D ock Savings Bank ......................................................................... Manhattan
F irst N ational Bank o f Buffalo .................................................................. Buffalo
F irst N ational Bank o f H untington ................................................. Huntington
Fishkill Savings Bank .................................................................................... Fishkill
F o rt N eck N ational Bank o f Seaford, The ............................................ Seaford
Franklin N ational Bank o f Franklin Square, The ............Franklin Square
H anover Bank, The ..................................................................................M anhattan
Industrial Bank o f Com m erce o f A lban y ................................................. A lbany
Island N ational Bank o f Freeport, The ...............................................F reeport
M arine Trust Com pany o f W estern N ew Y ork , The ........................... Buffalo
M eadow brook N ational Bank o f Freeport, The ..................................F reeport
M eadow B rook N ational Bank o f F reeport, The ................................F reeport
M etropolitan Industrial Bank .................................................................. Brooklyn
M odern Industrial Bank ......................................................................... M anhattan
N assau Banking Com pany, The ......................................................... M anhattan
N ew burgh Savings Bank ......................................................................... N ew burgh
N orth F ork Bank and T rust Com pany, The .................................... Mattituck
Peoples N ational Bank o f Lynbrook, The .......................................... Lynbrook
P o r t W ashington-M anhasset N ational Bank .....................P ort W ashington
Richm ond County N ational Bank o f P ort Richm ond, The ..........Richm ond
R oslyn Savings Bank, The ............................................................................. Roslyn
R oy a l Bank o f Canada T rust Com pany, The ..................................M anhattan
South B ay Bank ............................................................................. Center M oriches
South Side Bank ........................................................................................ B ay Shore
State Bank o f Edw ards and Star Lake .................................................Edwards




18

Cumulative Supplement No. 4
1, 1952

J a n u a ry

DIRECTORY
OF

N E W JERSEY BANKS

Compiled by
W il l ia m

H.

D il l is t in

F E D E R A L RESERVE B A N K




OF N E W Y O R K
19 5 2

DIRECTORY OF N E W JERSEY BANKS
B y arrangem ent w ith W illiam H . D illistin and the N ew
Jersey Bankers A ssociation, there is presented herewith C um u­
lative Supplem ent N o. 4 to the D irectory o f N ew Jersey Banks
1804 — 1942, w hich w as com piled b y M r. Dillistin and published
b y the A ssociation in 1942.
T h is supplem ent covers the period from M arch 31, 1942 to
January 1, 1952, and sets forth a brief statement o f each addition
o r change affectin g the material in the d irectory, w h ich has com e
to ou r notice since its publication. F o llo w in g the plan o f the
directory, the new material is set forth w ith respect to the banks
in the various cities and tow n s (P a rt I ) , arranged in alphabetical
order by location . Part I o f this supplem ent also includes the
name and location o f each bank that n ow operates a branch or
branches outside o f its head office city, together w ith the location
o f each such branch. T h ere is also included in this supplem ent a
list o f additions to Part II o f the directory, w hich is an alpha­
betical index o f all banks regardless o f location.
An asterisk (*) preceding the bank name in Part I, as here­
tofore, indicates an active bank or a branch of an active bank.
T h is supplem ent has been prepared b y the Federal R eserve
Bank o f N ew Y o rk in cooperation with the Federal R eserve Bank
o f Philadelphia, from inform ation derived from sources believed
to be reliable. C opies are b ein g distributed to all banking institu­
tions in the State o f N ew Jersey, and w ill be furnished to others
upon request, on ly upon the understanding that the Federal
R eserve Bank o f N ew Y o rk does n ot warrant the com pleteness
and accu racy o f the inform ation, and is not responsible fo r any
errors or om issions.

January 1, 1952




Cumulative Supplement No. 4
DIRECTORY OF N E W JERSEY BANKS
Par t

I

ASBURY PARK
*Asbury Park and O cean G rove Bank— 1889
Operates ou t-of-tow n branches at Neptune and Ocean Grove.
Seacoast Trust Com pany
Consolidated M ay 1950 with Asbury Park National Bank and
Trust Company.
A T L A N T I C C IT Y
♦Boardwalk National Bank o f Atlantic City, T h e (8800)— 1907
Operates an out-of-tow n branch at M argate City.
Equitable Trust Company
Charter surrendered D ecem ber 1946.
B A S K IN G R ID G E
♦Somerset H ills National Bank o f Bernardsville (B ran ch )
BAYONNE
Bayonne Trust Com pany
A bsorbed September 1948 by
New Jersey, Jersey City.

Com mercial Trust

Com pany o f

♦Commercial Trust Com pany o f N ew Jersey, Jersey City (Branches, 3)
B E L L E V IL L E
♦Fidelity Union Trust Com pany, Newark (B ranch)
First National Bank o f Belleville, The
A bsorbed M arch 1951 by Fidelity Union Trust Company, Newark.
B E R N A R D S V IL L E
Bernardsville National Bank, The
Name changed March 1949 to Som erset Hills National Bank o f
Bernardsville.
♦Somerset H ills National Bank o f Bernardsville (69600)— 1903
Originally T h e Bernardsville National Bank. Operates an ou t-oftow n branch at Basking Ridge.




3

B L O O M F IE L D
*Bloom field Savings Bank— 1871
Form erly T h e Bloom field Savings Institution.
Bloom field Savings Institution, T he
Name changed June 1950 to Bloom field Savings Bank.
B L O O M IN G D A L E
*First National Bank o f Bloom ingdale, T h e (1266)— 1925
Operates an ou t-of-tow n branch at M ountain View.
CALDW ELL
Caldwell National Bank, The
A bsorbed D ecem ber 1950 by T h e National Newark and Essex
Banking Com pany o f Newark.
* National Newark and Essex
(B ranch)

Banking

Com pany o f

Newark, The

CAMDEN
* Camden Trust Com pany— 1873
Operates ou t-of-tow n branches at Blackw ood, Gloucester City,
and Haddonfield.
*First Camden National Bank and Trust Com pany (1209)— 1812
Operates an ou t-of-tow n branch at Hadden H eights; and also at
Philadelphia, Pennsylvania.
C L IF T O N
*Bank o f A llw ood— 1949
Chartered D ecem ber 1949.
Clifton National Bank, T he
Consolidated August 1949 with Passaic National Bank and Trust
Company w hich thereupon changed its name to PassaicClifton National Bank and Trust Company.
Clifton Trust Com pany
A bsorbed June 1949 by First National Bank and Trust Company
o f Paterson.
*First National Bank and Trust Com pany o f Paterson (Branches, 2)
First National Bank o f Clifton, The
A bsorbed June 1949 by First National Bank and Trust Company
o f Paterson.
* Passaic-Clifton National Bank and Trust Com pany (12205)— 1887
L ocation o f main office m oved here July 1950 from Passaic. O per­
ates an ou t-of-tow n branch at Passaic.




4

D E N V IL L E
♦M orristown Trust Com pany, T he (B ranch)
DUMONT
♦County Trust Company, Tenafly (B ranch)
Dum ont National Bank, T h e
M erged June 1951 into Tenafly Trust Com pany which thereupon
changed its name to County Trust Company.
EAST ORANGE
A m pere Bank and Trust Com pany
Absorbed August 1950 by Fidelity Union Trust Company, Newark.
♦Fidelity Union Trust Com pany, Newark (Branches, 3)
♦Savings Investment & Trust Com pany— 1892
Operates ou t-of-tow n branches at O range and South Orange.
E L IZ A B E T H
♦Elizabeth Savings Bank— 1900
A conversion o f Germania Mutual Savings Association.
Elizabeth Trust Company
M erged D ecem ber 1947 into Union County Trust Company.
Germania Mutual Savings Association
Converted September 1947 into Elizabeth Savings Bank.
♦Harmonia Savings Bank— 1851
A conversion o f Mutual Savings Fund Harmonia.
Mutual Savings Fund Harmonia
Converted July 1947 into Harmonia Savings Bank.
♦Union County Trust Com pany— 1902
Operates an ou t-of-tow n branch at Cranford.
ELM ER
Elm er Bank
Operating in O ctober 1889.

Period o f existence not ascertained.

EN GLEW OOD
Palisades T rust and Guaranty Com pany
Name changed January 1946 to Palisades Trust Company.
♦Palisades Trust Com pany— 1902
Originally Palisades Trust and Guaranty Company.
E W IN G T O W N S H IP
♦Trenton Banking Com pany, T h e (B ran ch )




F L E M IN G T O N
*Hunterdon County National Bank o f Flem ington, T h e (892)— 1854
O perates ou t-of-tow n branches at H igh Bridge, Lambertville, and
W hite H ouse Station.
GARW OOD
First National Bank o f G arwood, T h e
A bsorbed April 1942 by T h e W estfield Trust Company.
*'W estfield Trust Com pany, T h e (B ranch)
GUTTEN BERG
Guttenberg Bank and Trust Company
A bsorbed M ay 1950 by H udson County National Bank, Jersey City.
*H udson County National Bank, Jersey City (B ranch)
Liberty National Bank in Guttenberg
A bsorbed July 1948 by H udson County National Bank, Jersey City.
H ACKENSACK
*Peoples Trust Com pany o f Bergen County— 1916
Operates ou t-of-tow n branches at H asbrouck
Teaneck, and W estw ood.

Heights,

Lodi,

H A R R IS O N
*First National Bank o f Jersey City, T he (B ranch)
Harrison National Bank, The
A bsorbed August 1945 by T he First National Bank o f Jersey City.
*W est H udson National Bank o f Harrison
O perates an ou t-of-tow n branch at Kearny.
H IG H B R ID G E
First National Bank o f H igh Bridge, The
A bsorbed September 1947 by T h e Hunterdon County National
Bank o f Flem ington.
*Hunterdon County National Bank o f Flem ington, T he (B ranch)
HOBOKEN
^H udson County National Bank, Jersey City (B ranch)
Seaboard Trust Company
A bsorbed April 1950 by H udson County National Bank, Jersey
City.




6

IR V I N G T O N
*Fidelity Union Trust Company, Newark (B ranch)
Irvington National Bank, The
A bsorbed O ctober 1949 by Fidelity Union Trust Com pany, Newark.
♦National State Bank o f Newark (B ran ch )
Form er branch office o f United States Trust Com pany o f Newark.
J E R S E Y C IT Y
*Com m ercial Trust Com pany o f N ew Jersey— 1900
O perates three ou t-of-tow n branches at Bayonne.
♦First National Bank o f Jersey City, T h e (374)— 1864
Operates ou t-of-tow n branches at Harrison, H oboken, and W est
N ew York.
Franklin National Bank o f Jersey City, T h e
A bsorbed July 1950 by T he First National Bank o f Jersey City.
*H udson County National Bank (1182)— 1851
O perates ou t-of-tow n branches at Bayonne,
Hoboken.
International Trust Com pany
Date established not ascertained.

Guttenberg

and

Suspended February 1878.

♦Trust Com pany o f N ew Jersey, The— 1899
Operates ou t-of-tow n branches at H oboken, Union City, W eehawken, and W est N ew Y ork.
LAKEH U RST
First National Bank o f Lakehurst, T h e
A bsorbed O ctober 1947 by T he First National Bank o f T om s
River, N. J.
♦First National Bank o f T om s River, N. J., T he (B ranch)
L A M B E R T V IL L E
A m w ell National Bank o f Lambertville, The
A bsorbed O ctober 1948 by T h e Hunterdon County National Bank
o f Flemington.
*H unterdon County National Bank o f Flem ington, T he (B ranch)
M A PLE SH ADE
♦Burlington County Trust Company, M oorestow n (B ranch)
Established August 1945.
M A R G A T E C IT Y
♦Boardwalk National Bank o f Atlantic City, T h e (B ran ch )




7

M O N T C L A IR
Bank o f M ontclair
Absorbed June 1950 by T h e National Newark and Essex Banking
Company o f Newark.
* M ontclair Trust Com pany— 1901
Operates an ou t-of-tow n branch at Verona.
♦National Newark
(Branch)

and

Essex

Banking

Com pany o f

Newark, T h e

M OORESTOW N
♦Burlington County Trust Company— 1890
Operates an ou t-of-tow n branch at Maple Shade.
M O R R IS P L A I N S
♦M orristown Trust Company, T he (B ranch)
M O R R IS T O W N
Am erican Trust Company
M erged September 1946 into T he M orristow n Trust Company.
First National Bank o f M orristown, The
Consolidated July 1944 with T he National Iron Bank o f M orris­
town which thereupon changed its name to T he First National
Iron Bank o f M orristown.
♦First National Iron Bank o f M orristown, T h e (1113)— 1865
Formerly T h e National Iron Bank o f M orristown. Operates an
ou t-of-tow n branch at Rockaway.
♦M orristown Trust Com pany, T he— 1892
Operates ou t-of-tow n branches at Denville and M orris Plains.
National Iron Bank o f M orristown, T h e
Name changed July 1944 to T he First National Iron Bank of
M orristow n when T h e First National Bank o f M orristown
w as consolidated with this bank.
M O U N T A IN V I E W
♦First National Bank o f Bloom ingdale, T h e (B ranch)
Established O ctober 1951.
NEW ARK
Clinton Trust Com pany
A bsorbed D ecem ber 1947 by Fidelity Union Trust Company.
Colum bus Trust Company
A bsorbed July 1948 by United States Trust Company o f Newark.




D im e Savings Institution, T h e
M erged M arch 1949 into United States Savings Bank o f Newark,
N. J.
*Fidelity Union Trust Com pany— 1875
Operates ou t-of-tow n branches at Belleville, East Orange (3) and
Irvington.
M erchants and Newark Trust Com pany o f Newark, N. J.
Consolidated June 1949 with the National State Bank o f Newark.
*National Newark and E ssex Banking Com pany o f Newark, T h e (1316)
— 1804
Operates out-of-tow n branches at Caldwell and Montclair.
♦National State Bank o f Newark, T h e (1452)— 1812
Operates ou t-of-tow n branches at Irvington and Orange.
United States Trust Com pany o f Newark
Absorbed N ovem ber 1950 by T he National State Bank o f Newark.
NEW TON
♦Sussex and M erchants National Bank o f N ew ton, T h e (925)— 1818
Operates an out-of-tow n branch at Sparta.
N O R T H M E R C H A N T V IL L E
*Pennsauken T ow nship National Bank (12903)— 1926
O riginally T h e Pennsauken T ow nship National Bank o f North
Merchantville.
Pennsauken T ow nship National Bank o f North Merchantville, The
Name changed April 1945 to Pennsauken T ow nship National Bank.
NUTLEY
First National Bank o f Nutley, The
M erged June 1951 into Bank o f Nutley.
ORANGE
♦National State Bank o f Newark, T h e (B ranch)
O range First National Bank
A bsorbed M ay 1950 by T h e National State Bank o f Newark.
PALM YRA
♦Cinnaminson Bank and Trust Company, Riverton (B ranch)
Established June 1948.
P A S S A IC
♦County Bank and T rust Company, Paterson (Branches, 3)
♦Passaic-Clifton National Bank and Trust Com pany (B ran ch )
Form erly Passaic National Bank and Trust Com pany. Principal
place o f business changed July 1950 to Clifton.




9

Passaic National Bank and Trust Com pany
Name changed August 1949 to Passaic-Clifton National Bank and
Trust Company when T h e Clifton National Bank was consoli­
dated with this bank.
Peoples Bank and Trust Company
Originally State Trust and Safe Deposit Company. M erged N ov ­
ember 1951 with T he Paterson Savings and Trust Company
which thereupon changed its name to County Bank and
Trust Company, Paterson.
PATERSON
Com m ercial National Bank o f Paterson
Form erly National Union Bank o f Am erica in Paterson. Consoli­
dated Novem ber 1945 with T h e Second National Bank o f
Paterson.
*County Bank and Trust Company— 1869
Form erly T he Paterson Savings and Trust Company.
ou t-of-tow n branches at Passaic (3).

Operates

*First National Bank and Trust Com pany o f Paterson (329)— 1864
Form erly First Paterson National Bank and Trust Company.
Operates ou t-of-tow n branches at Clifton (2).
First National Bank o f Paterson, The
Name changed M ay 1946 to First Paterson National Bank and
Trust Com pany when T h e Paterson National Bank was
consolidated with this bank.
First Paterson National Bank and Trust Com pany
Originally T h e First National Bank o f Paterson. Name changed
O ctober 1948 to First National Bank and Trust Company o f
Paterson when The Second National Bank o f Paterson was
consolidated with this bank.
National Union Bank o f Am erica in Paterson
Name changed January 1944 to Com mercial National Bank o f
Paterson.
Paterson National Bank, The
Consolidated M ay 1946 with The First National Bank o f Paterson
which thereupon changed its name to First Paterson National
Bank and Trust Company.
Paterson Savings and Trust Company, The
A conversion o f T he Paterson Savings Institution. Name changed
Novem ber 1951 to County Bank and Trust Com pany when
Peoples Bank and Trust Com pany, Passaic, was merged with
this bank.
Paterson Savings Institution, T h e
Converted September 1947 into T he Paterson Savings and Trust
Company.




10

Second National Bank o f Paterson, T he
Consolidated O ctober 1948 with First Paterson National Bank and
Trust Com pany which thereupon changed its name to First
National Bank and Trust Com pany o f Paterson.
United States Trust Com pany o f Paterson, N ew Jersey
Consolidated August 1951 with First National Bank and Trust
Com pany o f Paterson.
P O R T N O R R IS
♦People’s Bank o f P ort Norris, T h e— 1944
Established M ay 1944.
R IV E R T O N
♦Cinnaminson Bank and Trust Com pany
Operates an out-of-tow n branch at Palmyra.
RU THERFORD
♦Rutherford National Bank, T h e (5005)— 1895
Operates out-of-tow n branches at Carlstadt, East Rutherford, and
Lyndhurst, (2).
S E A S ID E H E IG H T S
♦First National Bank o f T om s River, N. J., T h e (B ranch)
Established originally in June 1944 as a branch o f Ocean County
Trust Com pany, T om s River.
SPARTA
♦Sussex and Merchants National Bank o f New ton, T h e (B ran ch )
TEANECK
♦Garden State National Bank o f Teaneck, T h e (12402)— 1923
Form erly T h e W est E n glew ood National Bank.
W e s t E n glew ood National Bank, The
Name changed June 1948 to T he Garden State National Bank
o f Teaneck
TENAFLY
♦County Trust Com pany— 1926
Operates an ou t-of-tow n branch at Dumont.
Tenafly Trust Company
Name changed June 1951 to County Trust Com pany when The
Dum ont National Bank was merged into this bank.
T O M S R IV E R
♦First National Bank o f T om s River, N. J., T h e (2509)— 1881
Operates out-of-tow n branches at Lakehurst and Seaside Heights.




11

O cean County T rust Company
Consolidated September 1944 with T h e First National Bank of
T om s River, N. J.
TRENTON
♦Trenton Banking Com pany, The— 1804
O perates an ou t-of-tow n branch at E w ing Tow nship.
U N IO N C IT Y
Com m onwealth-M erchants Trust Com pany
Name changed January 1946 to Com monwealth Trust Company.
♦Commonwealth T rust Company— 1905
F orm erly Com m onwealth-M erchants T rust Company. Operates
ou t-of-tow n branches at North Bergen and Weehawken.
First National Bank o f U nion City, T he
A bsorbed D ecem ber 1946 by H udson Trust Company.
♦Hudson Trust Com pany— 1890
Operates tw o out-of-tow n branches at H oboken.
VERONA
♦Montclair Trust Com pany (B ranch)
V erona Trust Com pany
A bsorbed September 1951 by M ontclair Trust Company.
W EEHAW KEN
♦Commonwealth T rust Company, Union City (B ranch)
H am ilton National Bank o f W eehawken, T h e
A bsorbed D ecem ber 1942 by Com m onwealth-M erchants
Company, Union City.

Trust

W E S T E N G L E W O O D (S ee Teaneck)
W EST NEW YORK
♦First National Bank o f Jersey City, T h e (B ranch)
National Bank o f W est N ew Y ork
A bsorbed D ecem ber 1944 by The First National Bank o f Jersey
City.
W E S T F IE L D
♦W estfield Trust Com pany, T h e— 1903
Operates out-of-tow n branches at G arw ood and Scotch Plains.
W H I T E H O U S E S T A T IO N
♦Hunterdon County National Bank o f Flem ington, T h e (B ranch)




12

P a r t II
B A N K S O F N E W JE R SE Y A R R A N G E D B Y N A M E
(Additions to original list published March 31, 1942)

Nam e

Location

Bank o f A llw ood ........................................................................................ — Clifton
Bloom field Savings Bank -------- ----------------------------------------------------- Bloomfield
Commercial National Bank o f Paterson -----------------------------------------Paterson
County Bank and Trust Company ------------------------------------------------- Paterson
County Trust Company ---------------------------------------------------------------------Tenafly
Elizabeth Savings Bank --------- --------- . . . ------------- ----------------------------- Elizabeth
Elmer Bank ___________________________________________________ ______ Elm er
First National Bank and Trust Com pany o f Paterson --------- --------- Paterson
First Paterson National Bank and T rust Com pany ---------------------- Paterson
First National Iron Bank o f M orristown, T h e ------------------------- M orristown
Garden State National Bank o f Teaneck, T h e -------------------------------- Teaneck
H arm onia Savings Bank _________________________________________ Elizabeth
International Trust Com pany __________________________________ Jersey City
Palisades Trust Com pany ------------------------------------------------------------ E nglew ood
Passaic-Clifton National Bank and Trust Company -----...___________ Clifton
Passaic-Clifton National Bank and T rust Com pany _______________ Passaic
Paterson Savings and Trust Com pany, T h e ........................... .............Paterson
Pennsauken Tow nship National Bank ..............................North Merchantville
People’s Bank o f Port Norris, The ..................................................... P ort Norris
Som erset H ills National Bank o f Bernardsville ---------------------- Bernardsville




13


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102