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.CONFIDENTIAL BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM L.U.5 April 16, 1952 CHANGES IN STATUS OF BANKS AND BRANCHES AS REPORTED DURING MARCH 1 9 # Name and location of banks and branches Class of bank Date of ..change Ins.non* Ins.non» 3-20-52 3-31-52 Ins.non. 3-1-52 New banks (except successions and conversions) St* Petersburg Industrial Bank Bank of Old York Road St» Petersburg, Fla. Willow Grove, Pa* Successions and conversions York Depository. Converted t o — State Bank York, S* Co York, So Co Ins.non. Consolidations, absorptions, etc* Bank of Bowie Seat Pleasant Bank These two banks merged under charter of Seat Pleasant Bank and title o f — Bank of Maryland Bowie, McL Seat Pleasant, Md. Bank of Swartz Creek Absorbed b y — Genesee County Savings Bank Swartz Creek, Mich. Allenhurst National Bank & Trust Co. First National Bank These two banks consolidated under charter and title o f — Allenhurst National Bank & Trust Co, Allenhurst, N. J. Eatontown, N. J. Merchants & Union Trust These two charter Union Dansville, N» Y. Rochester, N. Y. Farmers National Bank Co. banks merged under and title o f — Trust Co. First National Bank Absorbed b y — Scottish Bank Cincinnati Bank & Trust Co. Absorbed b y — Fifth-Third Union Trust Co. Seat Pleasant, Md. Flint, Mich. Allenhurst, N, J» Rochester, N« Y„ Salisbury, N* C. Lumberton, N. C. . Cincinnati, Ohio Cincinnati, Ohio Ins.non. Ins.non, Ins.non. Nonins. 3-31-52 Member National National 3-2li-52 National National Ins.non. 3-3-52 Ins»non. National 3-3-52 Ins.non. Ins.non. Member THIS COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCES. NOT AN OFFICIAL REPORT OF CHANGES IN THE BANKING STRUCTURE. 3-3-52 3-3-52 - 2 Name and location of banks and branches Class of bank Date of change Ins.non. 3-31-52 Consolidations, absorptions, etc, (Cont'd) Kirkersville Savings Bank Co. Absorbed b y — Park National Bank Kirkersville, Ohio Newark, Ohio National Montgomery Trust Co* North Wales National Bank These two banks merged under charter and title o f — Montgomery Trust Co* Norristovm, Pa* North Wales, Pa. Member National 3-17-52 National Bank of Pottstovm National Iron Bank These two banks consolidated under charter and title o f — National Bank of Pottstovm Pottstown, Pa, Pottstown, Pa» National National 3-3-52 Woonsocket Trust Co. Absorbed b y — Rhode Island Hospital Trust Co, Woonsocket, R. I* First National Bank Absorbed b y — National Bank of Commerce Burlington, Wash. National Seattle, Wash. National Norristown, Pa. Pottstovm, Pa. Providence, R. I. National Ins-non. 3-3-52 Member 3-17-52 Admission of State bank to Federal Reserve membership Port City Bank North Charleston, S. C. Ins.non. 3-10-52 Nonins. 3-1 k-52 Ins.non. 3-1-52 Ins.non. 3-2L-52 Suspension Kennesaw State Bank Kennesaw, Ga» Changes in name or location Bell Gardens Bank Name changed t o — Golden State Bank Bell Gardens, Calif. Lake Park Bank "Name and location changed t o — First State Bank Lake Park, Ga. Valdosta, Ga. St. Matthews National Bank St. Matthews, Ky. Name changed t o — First National Bank of St. Matthews Iron and Glass Dollar Savings Bank of Birmingham Pittsburgh, Pa. Name changed t o — Iron and Glass Dollar Savings Bank Ins.non. National 3-1-52 12-27-51 - 3 Name and location of banks and branches Class of bank Date of change Branches established (including branches at military and other Government establishments and banks converted into branches) United States National Bank El Cajon Boulevard Office (De novo) San Diego, Calif. 3052 El Cajon Boulevard National Calcasieu-Marine National Bank Cameron Branch (De novo) Lake Charles, La. Cameron, La„ National Bank of Maryland B owie Branch (Formerly Bank of Bowie) Seat Pleasant, Mde Bowie, Mdo Ins<,non. Framingham National Bank Franklin Street Branch (De novo) Framingham, Mass, L8 Franklin Street National Genesee County Savings Bank Swartz Creek Branch (Formerly Bank of Swartz Creek) Flint, Micho Swartz Creek, Mich. Member Allenhurst National Bank & Trust Co. Eatontovm Office (Formerly First National Bank) Allenhurst, N. J, 2 Main Street Eatontown, N„ J. National Bank of Babylon Deer Park Office (De novo) Babylon, N» Y» Deer Park Avenue Deer Park, N» Y. Ins.non. Endicott Trust Co. Endwell Office (De novo) Endicott, M. Y. 3225 East Main Street Endwell, N. Y. Member Bank of New Hyde Park Hillside Office (De novo) New Hyde Park, N» Y. 1615-17 Hillside Avenue Ins.non. Excelsior Savings Bank Second Avenue Branch (De novo) New York, N. Y. 12^8 Second Avenue Ins.non. Greenpoint Savings Bank Canareiti Office (De novo) New York, N. Y« 11*25? Rockaway Parkway Ins.non. 3-3-52 >31-52 3-3-52 3-3-52 3-31-52 3-2k-52 3-1-52 3-31-52 3-3-52 3-8-52 3-29-52 - UName 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) PublixjkNational Bank & Trust Co. ^8£MBroadw-ay Office (De novo) . Union Trust Go* Dansville Office (Formerly Merchants & Farmers National Bank) New York, No Y» 682 Broadway National Rochester, N. Y> 133 Main Street Dansville, N. Y. Ins.non. 3-21J-52 3-3-52 Mohawk National Bank Nott Street Branch (De novo) Schenectady, N. Y. 639—624-5 Nott Street Bank of Fuquay Gary Branch (De novo), Fuquay Springs, N« C. Gary, N. C. Ins.non. Scottish Bank Salisbury Branch (Formerly First National Bank) Lumberton, N. Co Salisbury, N. C. Ins.non. Wachovia Bank & Trust Co. . West Branch (De novo) Winston-Salem, N« C. Charlotte, N. C, Member >15-52 3-1-52 3-3-52 3-6-52 Fifth-Third Union Trust Co. Cincinnati, Ohio Eighth and State Branch Cincinnati, Ohio (Formerly Cincinnati Bank & Trust Co.) Manber Park National Bank Newark, Ohio Kirkersville .Branch Kirkersville, Ohio (Formerly Kirkersville Savings Bank Co.) National Allison-East End Trust Co. Kline Village: Office (De novo) Ins.non. Harrisburg, Pa. 25th & Market Streets 3-3-52 3-31-52 3-1-52 Montgomery Trust Co. Norristown, Pa. North Wales Branch North Wales, Pa. (Formerly North Wales National Bank) Member Peoples National Bank Jeffersonville Branch (De novo) National Norristown, Pa. 6 Egypt Road Jeffersonville, Pa. 3-17-52 3-25-52 - 5Class 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) Fidelity-Philadelphia Trust Co. City Line Center Branch (De novo) Philadelphia, Pa» 7636 City Line Avenue Member National Bank of Pottstown Iron Branch (Formerly National Iron Bank) Pottstown, Pa. 229 High Street National Rhode Island Hospital Trust Co. Woonsocket Trust Branch (Formerly %onsocket Trust Co,) Providence, R. I. 117 Main Street Woonoocket, R„ I. Member Bank of Greenwood Harris Plant Branch (De novo) Greenwood, S. Co Harris Plant of Greenwood Mills Ins.non. ; Mathews Plant Branch (De novo) . Jiaathews Plant of Greenwood kills 3-1U-52 3-3-# 3-3-52 3-17-52 3-17-52 First National Bank Crosstown Drive-In Branch (De novo) Memphis, Tenn. 1338 Union Avenue National Bank of Commerce Burlington-Edison Branch (Formerly First National Bank) Seattle, Wash. 701 Fairhaven Avenue Burlington, Wash. Puget Sound National Bank Lakewood Branch (De novo) Tacoma, Wash. National 6302 Mt. Tacoma Drive, S. Lakewood Center, Wash. 3-11-52 National 3-17-52 3-24-52 Banking facilities established at military and other Government establishments through arrangements made by Treasury Department Bank of America N. T. & S. A. U. S. Marine Corps Recruit Depot Facility San Francisco, Calif. San Diego, Calif, National 3-17-52 First Security Bank of Idaho, N.A* Boise, Idaho Mountain Home Air Force Base Facility Mountain Home, Idaho National Rapides Bank & Trust Co. Alexandria Municipal Airport Member Alexandria, La„ Alexandria, La. 3-10-52 3-U-52 - 6 - Class of bank Name and location of banks aid branches Date of change Branches acquired by absorption or purchase Seat Pleasant, LSI. Bank of Maryland Annapolis Road Branch Annapolis Road (Formerly branch of Lanham, Md, Bank of Bowie,' Bowie, Md., which merged with Seat Pleasant Bank, Seat Pleasant, Mdc, under newtitle, Bank of Maryland.) Insonon. Rhode Island Hospital Trust Co. Social Branch (Formerly branch of Woonsocket Trust Co., Woonsocket, R. I., which was absorbed by Rhode Island Hospital Trust Co.) Member Providence, R. I„ 521 Social Street Woonsocket, R. I. 3-3-52 3-3-52 Changes in name or location of branches Bank of America N. T. & S. A. Downey Branch Moved from Moved to Montebello Branch Moved from Moved to San Francisco, Calif. National Downey, Calif. 11101 South Downey Ave. 8233 East Firestone Blvdo Montebello, Calif. 602 West Whittier Blvd. 833 West Whittier Blvd. 3-31-52 3-17-52 Security National Bank Time Payment Department Branch Moved from Moved to Greensboro, N, Co N Greensboro, N. Co bl3 North Eugene Street U07 North Eugene Street 3-31-52 Cheltenham National Bank Iiynnewood Gardens Office Moved from Moved to Cheltenham, Pa» ] Cheltenham, Pa„ 1935 Cheltenham Avenue 1919 Cheltenham Avenue 3-3-52
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