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CONFIDENTIAL APR 1 8 1949 BOARD OF GOVERNORS OF THE FEDERAL RESERVE S L.It.5 FEDERAL RESERVE B A N K ft CH.O.QWP THIS COMPILATION IS DERIVED LARGELY PROM SECONDARY SOURCES. April 13, 19^9 NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE. CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING MARCH 19i*9 Name and location of banks and branches Class of bank Date of change New banks (except successions and conversions) Newport Harbor Bank First National Bank City Bank Badger State Bank Brookside State Bank First National Bank Corona Del Mar, Calif. Evergreen Park, 111, Detroit, Mich. Badger, Minn. Tulsa, Okla. Monahans, Texas Ins. nonmem. National Member Ins, nonmem. Ins. nonmem. National 3~lh-h9 3-5-U9 3-1-1*9 3-21-U9 3-8-U9 3-1-19 Noninsured 3-10-19 Successions and conversions Citizens Banking Co. (Unincorporated bank) Converted to— Citizens Banking Co Lexington, Ga. Lexington, Ga. Ins* nonmem. Consolidations, absorptions, etc. John W. Free State Bank . Absorbed b y — First National Bank & Tr. Co Paw Paw, Mich. Missouri Valley Trust Co. Absorbed b y — Tootle-Lacy National Bank St. Joseph, Mo. Dime Savings Institution United States Savings Bank These two banks consolidated under charter and title of— United States Savings Bank Newark, N. J. Newark, N. J. Kalamazoo, Mich* St. Joseph, Mo. Newark, N. J. National Exchange Bank Wheeling, W. Va, Absorbed b y — Wheeling Dollar Savings & Tr.Co. Wheeling, W. Va. Ins. nonmem* 3-1-1*9 National Ins, nonmem. 3-19-1*9 National Ins, nonmem, Ins. nonmem. 3-1-1*9 Ins. nonmem. National 3-1-19 Member Changes in name or location Richfield State Bank & Tr, Co. Name changed to— Richfield State Bank Richfield, Minn. Ins. nonmem. 3-10-1*9 - 2 _ Name and location of banks and branches Class of bank Date of change Changes in name or location (Cont'd) Bernardsville National Bank Name changed t o — Somerset Hills National Bank Bernardsville, N. J. National 3-9-U9 Bank of Davidson Name changed t o — Piedmont Bank & Trust Co. Davidson, N. C. Ins. nonmem. 3-23-U9 Other changes Bank of Montreal Trust Co, Corporation Trust Co. (These two companies have been deleted from Board's records inasmuch as recent information indicates that they do not conduct a general banking or fiduciary business.) New York, N, Y, New York, N. Y, Noninsured Noninsured 12-31-U6 12-31-U8 LaCrosse Trust Co. (Board's records have been changed to show this company as a trust company without deposits instead of a commercial bank, to agree with recent information received.) LaCrosse, Wis. Noninsured 12-31-U8 Branches established (excluding offices at military reservations but in1 cluding banks converted into branches) City Bank Benning Office (De novo) Washington, D. C. Member 3839 Minnesota Ave.,N.Ef 3-25-U9 Savannah Bank & Trust Co. Midtown Branch (De novo) Savannah, Ga. 1120 Bull Street Member 3-21-U9 Hadley Falls Trust Co. Westover Field Branch (De novo) Holyoke, Mass. Chicopee Falls, Mass. Member First Nat'l Bank & Tr. Co. Kalamazoo, Mich; Paw Paw Branch Paw Paw, Mich. (Formerly John W. Free State Bank) 3-28-U9 National 3-1-U9 n - 3 Name and location of banks and branches Class of bank Date of change Branches established (Cont*d) (excluding offices at military reservations but including banks converted into branches) Ins. nonmem. Western Savings Bank Delaware Park Branch (De novo) Buffalo, N. Y. 2156 Delaware Ave. Jamaica Savings Bank Fresh Meadows Office (De novo) Jamaica, N. Y. Ins. nonmem. West Side of 188th St. Flushing, N. Y. 3-18-1# Queens County Savings Bank Kew Gardens Office (De novo) Flushing, N. Y. Ins. nonmem. 76-02 Main Street Kew Gardens Hills, N. Y. 1-8-1*9 Ogdensburg Trust Co. Ford Street Branch (De novo) Ogdensburg, N. Y. 3lU Ford Street Member Northwestern Bank Wilkesboro Branch (De novo) North Wilkesboro, N. C. Wilkesboro, N. C. Ins. nonmem. 3—12—24.9 3-28-U9 3-7-U9 Peoples First National Bk. & Tr.Co.Pittsburgh, Pa. Seventh Avenue Branch Seventh Ave. & ' (De novo) Smithfield St. National Union Planters Nat'l Bank & Tr. Co.Memphis, Term. DeSoto Station Branch 12U E. Calhoun Ave. (De novo) National State Planters Bank & Trust Co. Summit & Broad Streets Branch (De novo) Richmond, 7a. Summit & Broad Sts. Member Roanoke, Va. 2102 Williamson Road National Mountain Trust Bank Williamson Road Branch (De novo) Roanoke, Va. 1901 Williamson Road Member Seattle-First National Bank Aurora North Park Branch (De novo) Seattle, Wash. 10310 Aurora Avenue National . Colonial-American National Bank Williamson Road Branch (De novo) 3-1-U9 3-25-1*9 3-1U-U9 3-26-U9 3-28-U9 3-7-U9 -ItName and location of banks and branches Class of bank * Date of change Branches or offices established at military reservations (including "banking facilities" provided through arrangements made by Treasury Department) Valley National Bank Williams Air Force Base Phoenix, Ariz. Chandler, Ariz, National First National Bank MacDill Air Force Base Tampa, Fla. Tampa, Fla, National Georgia Railroad Bank & Trust Co* Camp Gordon Augusta, Ga* Camp Gordon, Ga. Member Second National Bank & Trust Co. Mitchel Air Force Base Hempstead, N. Y. Hempstead, N. Y. National National Bank of Commerce Lackland Air Force Base San Antonio, Texas San Antonio, Texas National 4-1-49 2-26-49 2-28-19 2-3-19 2-23-19 Changes in name or location of branches Security-First National Bank El Segundo Branch Moved from Moved to Los Angeles, Calif. EL Segundo, Calif. 233 Main Street 343 Main Street National Mechanics Bank Albany Branch Moved from Moved to Richmond, Calif. Albany, Calif. 901 San Pablo Ave. 1107 Solano Ave. Ins. nonmem. Bank of America, N. T. & S. A. San Francisco, Calif. Wilshire-Crescent Heights Branch Los Angeles, Calif. Moved from 6338 Wilshire Blvd; Moved to 6301 Wilshire Blvd. Norwalk Branch Moved from Moved to (Change due to renumbering of Streets) s City Bank Pennsylvania Avenue Branch Moved from Moved to 3-14-49 1-31-49 National 3-21-19 Norwalk, Calif. 553 East Front St. 12143 East Front St. Washington, D. C. 3-11-49 Member N.E. corner of 10th St. and Penna, Ave., N.W. 919 Penna. Ave., N, W. 3-28-49 - 5 Name and location of banks and branches Class of bank Date of change Changes in name or location of branches (Cont'd) Equitable Trust Co# Lexington Street Office Moved from Moved to Baltimore, Md. 3-28-h9 Lexington & Liberty Sts. 106-l£ NO. Liberty St. Broadway Savings Bank New York, N. Y. Branch office at 2$h West 23rd St. was moved to 2$0 West 23rd Street and designated as head office. The former location of the head office at £ Park Place is now being operated as the branch. Ins. nonmem. Ins. nonmem. 3-15-U9
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