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r
F.fR. CONFIDENTIAL

h n s COMPILATION IS DERIVED LARGELY FROM SECONDARY SOURCES. V
\0T M OFFICIAL REPORT 0? CHANGES III THE BANKING STRUCTURE.

I
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
;
L.4.5 : • '- ;
:
April 17, 1958
CHANGES IN STATES OF BANKS AND BRANCHES AS REPORTED DURING MARCH 1958

Class
of bank

Name and location of banks and branches

Date of

New banks
(except successions and conversions)
Luby Industrial Bank

Denver, Colo.
Denver County

Nonins,

Vermilion Bank & Trust Co.

Kaplan, La.
Vermilion County

Ins.non, 3-8-58

National Bank of Newport

Newport, Tenn.
Cocke County

National

Lockhart State Bank

Lockhart, Texas
Caldwell County

Ins.non. 3-31-58

Longview, Texas
Gregg County

Ins.non, 3-4-58

American State Bank

San Antonio, Texas
Bexar County

Ins.non. 3-3-58

Grandview Security Bank

Grandview, Wash.
Yakima County

Ins.non. 3-17-58

Preble State Bank

Preble, Wis,
Brown County
(P.O. Green Bay)

Ins.non. 3-17-58

First State Bank

L

1-2-58

3-17-58

»

Succession and conversion
Springs State Bank
Converted to —
Springs National Bank

Tampa, Fla.
Tampa, Fla.

Ins.non. 3-3-58
National

Suspension
First National Bank




Halfway, Ore.

National

3-17-58

- 2 -

Name and location of banks and branches

Class
of bank

Date of
change

Consolidations, absorptions, etc.
Connecticut National Bank
City National Bank
Merged under charter and
title of —
Connecticut National Bank

Bridgeport, Conn,
South Norwalk, Conn,
Bridgeport, Conn,

Greenwich, Conn,
Greenwich .Trust Co,
First-Stamford National Bank
Stamford, Conn,
and Trust Co,
Consolidated under charter of
First-Stamford National Bank
& Trust Co,
and title of —
National Bank & Trust Co,
Stamford, Conn,
of Fairfield CountyFirst National Bank & Trust Co,
Fairfield County Trust Co,
Merged under charter and
title of —
Fairfield County Trust Co,

New Canaan, Conn,
Stamford, Conn,

National
National
National
Ins.non.

National
National
Ins0non,
Ins.non.

Baldwins Bank
Security Trust Co,
Merged under charter and
title of —
Security Trust Co,

Penn Yan, N, Y,
Rochester* N, Y,

Ins.non.
Member

Citizens Bank
Lincoln Rochester Trust Co,
Merged under charter and
title of —
Lincoln Rochester Trust Co,

Penn Yan, N, Ytf
Rochester, N, Y,
Rochester, N. Y,

Union National Bank
Mount Wolf, Pa.
York National Bank & Trust Co,
York, Pa.
Merged under charter and
title of —
York National Bank & Trust Co,
York, Pa,
First National Bank
Absorbed by —
First National Bank

3-3-58

National

Stamford, Conn.

Rochester, N, Y,

3-8-58

3-3-58

3-3-58

Member
Ins.non.
Member

3-3-58

Member
National
National

3-28-58

National

South-Fork, Pa,

National

Indiana, Pa,

National

3-10-58

Admission of State bank to Federal Reserve Membership
Peoples State Bank




Bloomingdale, Mich.

Ins.non, 3-28-58

- 3

Name and location of banks and branches

Glass
of bank

Date of
change

Changes in name or location of banks
Citizens State Bank
Name changed to —
Citizens Bank & Trust Co.

Park Ridge, HI*

Member

3-6-58

Livingston State Bank
Denham Springs, La.
Name changed to —
Livingston State Bank & Trust Co,

Insenon.

1-23-58

First and American National Bank
Name changed to —
First American National Bank

National

3-1-58

National

3-1-58

Ins.non.

3-10-58 ^

Duluth, Minn.

First National Bank
Rockwood, Tenn.
Name changed to —
First National Bank & Trust Co.
Bank of Matoaka
Name and location changed to —
Mercer County Bank

Matoaka, W. Va.
Princeton, W. Va.

Ins„non.

Branches established de novo
(includes branches at military and other Government establishments)
First National Bank
Tennessee Street Branch
501 East Tennessee Street

Florence, Ala.
Florence, Ala.
Lauderdale County

Simmons National Bank
Drive-in No. 2
U.S. Highway 65 North

Pine Bluff, Ark,
National
Jefferson County, Ark.
(P.O. Pine Bluff)

Drive-in No. 3
31st and Olive Streets
Security-First National Bank
Fifth and Bixel Branch
1221 West Fifth Street

National

Jefferson County. Ark.
(P.O. Pine Bluff)
Los Angeles, Calif.
Los Angeles, Calif.
Los Angeles County

3-26-58

3-26-58
3-26-58

National

3-31-58

Blackstone & Shaw Branch
4923 North Blackstone Avenue

Fresno County, Calif.
(P.O. Fresno)

3-3-58

Foothill & Garey Branch
133 West Foothill Blvd.

Pomona, Calif.
Los Angeles County

3-17-58

Rialto-Foothill Blvd. Branch
409 East Foothill Blvd.

Rialto, Calif.
San Bernardino County

3-24-58




- 4 Class
of bank

Name and location of banks and branches

Date of
change

Branches established de novo * (Cont*d)
(includes branches at military arid other Government establishments)
Security-First National Bank - (Cont*d)Los Angeles, Calif.
.Bristol & Delhi Branch
Santa Ana, Calif.
3-7-58
2401 South Bristol Street
Orange County
Trona Branch
Austin Hall
Central Valley National Bank
Orinda Office
21 Moraga Highway
San Mateo Office
138 West. 25th Avenue

Trona, Calif.
San Bernardino County
Oakland, Calif.
Orinda, Calif.
Contra Costa County.

3-17-58
National
3-31-58

San Mateo, Calif.
San Mateo County

3-27-58

American Trust Co.
Stanford Industrial Park Office
505 California Avenue

San Francisco, Calif.
Palo Alto, Calif.
Santa Clara County

Member

Crocker-Anglo National Bank
Tracy Office
60 West Tenth Street

San Francisco, Calif, >
Tracy, Calif.
San Joaquin County

National

Wells Fargo Bank
Fairway Park Office
7345 Castro Street

San Francisco, Calif.
Hayward, Calif.
Alameda County

Member

Fairfield County Trust Co,
South Wilton Office
17 Danbury Road

Stamford, Conn.
Wilton, Conn.
Fairfield County

Ins.non.

Bank of Idaho
Lewiston Orchards Office
531 Thain Road

Boise, Idaho
Member
Lewiston Orchards, Idaho
Nez Perce County

3-14-58

American Fletcher National Bank
& Trust Co.
Southern Plaza Office
4100 South East Street

Indianapolis, Ind.
Marion County, Ind.
(P.O. Indianapolis)

National
3-11-58

Fidelity Bank & Trust Co.
Meadows Branch
3830 Meadows Drive

Indianapolis, Ind.
Indianapolis, Ind,
Marion County

Member

Neviport Trust Co,
Corinna Branch

Newport, Me.
Corinna, Me.
Penobscot County

Ins.non,




3-10-58

3-10-58

3-24-58

3-12-58

3-28-58

2-13-58

Class
of bank

Name and location of banks and branches

Date of
change

Branches established de novo - (Cont?d)
(includes branches at military and other Government establishments)
Third National Bank & Trust Co.
East Forest Park Office
122 Island Pond Road

Springfield, Mass.
Springfield, Mass.
Hampden County

National

State Savings Bank
Stevensville Office
256 St. Joseph Road

Bridgman, Mich.
Stevensville, Mich,
Berrien County

Ins.non.

First National Bank & Trust Co.
Marquette Branch Office
1320 N. Third Street

Marquette, Mich,
Marquette, Mich.
Marquette County

National

Bank of Tupelo
Gloster Street Branch
323 North Gloster Street

Tupelo, Miss,
Tupelo, Miss.
Lee County

Ins.non.

City National Bank & Trust Co.
Little Ferry Branch
255 Liberty Street

Hackensack, N. J0
Little Ferry, N. J,
Bergen County

National

First State Bank
Highway Branch
Route 22 at Monroe Street

Union, N. J.
Union, N, J.
Union County

Ins.non,

Central Bank & Trust Co,
Port Washington Branch
437 Port Washington Boulevard

Great Neck, N. Y.
Port Washington, N.Y.
Nassau County

Member

Bankers Trust Co.
Third Avenue Office
750 Third Avenue

New York, N. Y,
New York, N. Y,
New York County

Member

Empire City Savings Bank
Park Avenue Office
2 Park Avenue
(Formerly head office of Bnpire
City Savings Bank, which
moved from 2 Park Avenue to
830 Third Avenue)

New York, N, Y.
New York, N. Y.
New York County

Ins.non.

Manufacturers Trust Co.
55 Broad Street Branch
55 .Broad Street
(Formerly head office of Manufacturers Trust Co., which
moved from 55 Broad Street to
44 Wall Street)

New York, N. Y.
New Ydrk, N. Y.
New York County

Member




3-24-58

3"l-58

3-25-58

3-18-58

3-29-58

3-7-58

3-8-58

3-17-58

3-20-58

3-17-58

— 6 —

Name and location of banks and branches

Class
of bank

Date of
change

Branches established de novo - (Cont'd)
(includes branches at militaiy and other Government establishments)
South Brooklyn Savings Bank
Newkirk Plaza Branch
Newkirk Plaza & Foster Avenue

New York, N, Y.
New York, N. Y.
Brooklyn County

Ins »non.
* 3-20-58:

Security National Bank
West Green Street Branch
1410-16 Green Street

Greensboro, N. C. •
High Point, N. C.
Guilford County

National

Wachovia Bank & Trust Co,
Stratford Office
Stratford Road and Interstate
Expressway

Winston-Salem, N. C,
Winston-Salem, N. C.
Forsyth County

Member

Farmers Bank
Drive-In Tellers Window Branch
Main and Second Streets

Woodland, N. C.
Murfreesboro, N. C.
Hertford County

Ins.non.

First National Bank
Norton Center Office
3140 Greenwich Road

Akron, Ohio
Norton Township, Ohio
Summit County
(P.O. Barberton)

National

Lorain Banking Co,
East Side Branch
1604 Kansas Avenue

Lorain, Ohio
Lorain, Ohio
Lorain County

Member

3-25-58 ^

3-17-58

3-7-58

3-12-58

3-29-58

Bethlehem National Bank
Northeast Branch
1816 Stefko Boulevard

Bethlehem, Pa,
Bethlehem, Pa.
Northampton County

National .
3—7—58

Bradford National Bank
Boylston Branch
32-40 Boylston Street

Bradford, Pa.
Bradford, Pa.
McKean County

National

Philadelphia Savings Fund Society
Cheltenham Office
Oak Lane Shopping Center
53 E. Cheltenham Avenue

Philadelphia, Pa.
Ins.non.
Cheltenham Township, Pa.
3-21-58
Montgomery County

Peoples Trust Co.
Penn Avenue Branch
801 Penn Avenue

Wyomissing, Pa. •
Wyomissing, Pa.
Berks County

Member

South Carolina National Bank
West Side Office
1526 Highmarket Street

Charleston, S. C,
Georgetown, S. C.
Georgetown County

National




z

3-17-58

3-3-58

3-15-58 \X

J
•
X
}
;
&
'

-7Class
of bank

Narae and location of banks and branches

Date of
change

Branches established de novo - (Cont'd)
(includes branches at military and other Government establishments)
First National Bank of South Carolina Columbia, S. C.
Murray Avenue Branch
Anderson, S. C.
136 West Whitner Street
Anderson County

National

Carolina National Bank
Central Branch

Easley, S. C.
Central, S. C,
Pickens County

National

Bank of Orangeburg
Drive-In Branch

Orangeburg, S. C.
Orangeburg, S. C.
Orangeburg County

Ins.non.

Bank of Maryville
Alcoa Branch

Maryville, Term.
Alcoa, Tenn.
Blount County

Ins.non,

First National Bank
Summer Avenue Branch
2424 Summer Avenue

Memphis. Tenn.
Memphis, Tenn.
Shelby County

National

Walker Bank & Trust Co,
University Branch
235 South 13th Bast Street

Salt Lake City, Utah
Salt Lake City, Utah
Salt Lake County

Member

Colonial-American National Bank
Franklin Road Branch
1941 Franklin Road S. W.

Roanoke, Va.
Roanoke, Va.
Independent City

National

3-19-58 ^

3-15-58

3-28-58

3-19-58

3-17-58

3-17-58

3-17-58

Banks converted into branches
(See also Consolidations, absorptions, etc,)
Connecticut National Bank
- South Norwalk Office
99 Washington Street
(Formerly City National Bank)

Bridgeport, Conn.
South Norwalk, Conn,
Fairfield County

Fairfield County Trust Co.
New Canaan Office
82 Main Street
(Formerly First National Bank &
Trust Co.)

Stamford, Conn.
New Canaan, Conn.
Fairfield County




National

Ins.non,

z-^

3-8-5:

3-3-58

— 8 —

Name and location of bank and branches

Class
of bank

Date of
chance

\

Banks converted into branches - (ContM)
(See also Consolidations, absorptions, etc,)
National Bank & Trust Co, of
Fairfield CountyGreenwich Trust Office
240 Greenwich Avenue
(Formerly Greenwich Trust Co.)
Lincoln Rochester Trust Co,
Citizens Bank Office
140 Main Street
(Formerly Citizens Bank)
Security Trust Co,
Penn Yan Office
127 Main Street
(Formerly Baldwins Bank)

Stamford, Conn,
Greenwich, Conn,
Fairfield County

National

Rochester, N, Y,
Penn Yan, N, Y.
Yates County

Member

Rochester, N, Y,
Penn Yan, N, Y.
Yates County

Member

First National Bank
South Fork Branch
427 Maple Street
(Formerly First National Bank)

Indiana, Pa,
South Fork, Pa,
Cambria County

National

York National Bank & Trust Co,
Mt, Wolf Branch
96 South Main Street
(Formerly Union National Bank)

York, Pa,
Mount Wolf, Pa,
York County

National

3-3-58

3-3-58

3-3-58

3-10-58

3-28-58

If"

I
'$•

Branches acquired by consolidation, absorption, etc.
Connecticut National Bank
Acquired through merger and will
operate the branch formerly
operated by City National Bank,
South Norwalk, in Fairfield
County,

Bridgeport, Conn,

National

Fairfield County Trust Co,
Acquired through merger and will
operate the two branches formerly
operated by First National Bank
& Trust Co., New Canaan, in
Fairfield County.

Stamford, Conn,

Ins.non,




3-8-58

3-3-58

0

r

- 9Name and location of banks and branches

Class Date of
of bank change

Branches acquired by consolidation, absorption, etc. -(Cont:d)
National Bank & Trust Co. of
Fairfield CountyAcquired through consolidation
and will operate the five
branches formerly operated by
Greenwich Trust Co., Greenwich,
in Fairfield County,

Stamford, Conn.

National

3-3-58

Branches discontinued
Security-First National Bank
Redlands Branch

Los Angeles, Calif.
1 West State Street
Redlands, Calif.

National

3-3-58

National
Montclair National Bank & Trust Co, Montclair, N, J.
3-17-58
Valley Road Office
598 Valley Road
Montclair, N, Je
(P.O. Upper Montclair)
Changes in name or location of branches
Security-First National Bank
Redlands Citizens Branch
Name changed to —
Redlands Branch
Rialto Branch
"Name changed to —
Rialto Riverside Avenue Branch
American Trust Co,
Campbell Office
Moved from
Moved to
Bank of America, N, T. ; S, A,
Sherman Oaks Branch
Moved from
Moved to
Ontario Branch
Moved from
Moved to




Los Angeles, Califo
220 East State Street
Redlands, Calif.

National

158 South Riverside Drive
Rialto, Calif,
San Francisco, Calif,
Member
Campbell, Califo
412 East Campbell
Avenue
East Campbell: Avenue
and Second Street

3-3-58

3-25-58

3-31-58

San Francisco, Calif.
National
Los Angeles (Sherman
3-3-58
Oaks), California
14601 Ventura Boulevard
14701 Ventura Boulevard
Ontario, Calif.
114 North Euclid Avenue
404 North Euclid Avenue

3-17-58

- 1 0 -

Name and location of banks and branches

Class
of bank

Date of
change

Changes in name or location of branches - (Cont*d)
First Western Bank & Trust Co,
Fresno Office
Moved from

San Francisco, Calif.
Fresno, Calif,
1522 North Fulton
Street
1545 Fulton Street

Ins.non,

City Savings Bank
Stratford Office
Moved from
Moved to

Bridgeport, Conn.
Stratford, Conn,
3680 Main Street
Fenelon Place &
Main Street

Ins.non.

First National Bank
Summer Street Branch
Moved from
Moved to
and renamed
Lincoln Street Office

Boston, Mass,
Boston; Mass
88 Summer Street
111 Lincoln Street

National

First Commercial Savings Bank
White Pigeon Branch
Moved from

Constantine, Mich,
White Pigeon, Mich.
110 South Kalamazoo
Street
105 North Kalamazoo
Street

Moved to .

Moved to

3-14-58

1-6-58

3-10-58

Ins.non.
2-24-58

Old Kent Bank & Michigan Trust Co,
East Grand Rapids Branch
Moved from
Moved to

Grand Rapids, Mich,
Member
East Grand Rapids, Mich.
3-31-58
2137 Wealthy Street, S.E.
2201 Wealthy Street, S.E.

City National Bank
Citibank Branch
Moved from
Moved to
and renamed
Lexington Road Branch

Winston-Salem, N.C.
National
Winston-Salem, N. C.
3-17-58 ^
2120 Lexington Road, S.E;
2201 Lexington Road, S.E.

Union Commerce Bank
Commercial Berea Branch
Name changed to —
Berea Branch

Cleveland, Ohio
40 Front Street
Berea, Ohio

Commercial Strongsville Branch
Name changed to —
Strongsville Branch




13866 Pearl Road
Strongsville> Ohio

Member
1-2-58

1-2-58

Nace and location of banks and branches

Class
of bank

Date of
change

Changes in name or location of branches - (Conttd)
Union Bank & Trust Co.
Broad Street Office
Moved from
Moved to
(The head office changed
location from Fourth
Street and Broadway to
52 West Broad Street)

Bethlehem, Pa.
Bethlehem, Pa.
52 West Broad Street
Fourth Street and
Broadway

Ins.non,

South Carolina National Bank
Cheraw Branch
Moved from
Moved to

Charleston, S. C.
Cheraw, S. C.
165 Market Street
151 Market Street

National

Tennessee Valley Bank
North Knoxville Branch
Moved from
Moved to

Knoxville, Tenn.
Knoxville, Tenn.
2706 Broadway, N.E.
2900 Broadway, N,E.

Ins.non.

First Security Bank of Utah, N.A.
Magna Branch
Moved from

Ogden, Utah
Magna, Utah
9017-9021 West 2700
South Street
9024 West 2700 South
Street

National

Moved to

3-17-58

3-10-58

2-14-58

3-6-58

Orem-Geneva Branch
Moved from
Moved to

Orem, Utah
226 South State Street
45 North State Street

3-3-58

Tooele Branch
Moved from
Moved to

Tooele, Utah
19 Sotrbh Main Street
70 South Main Street

3-7-58

National Bank of Commerce
Bremerton Office
Moved from
Moved to
Burlington-Edison Branch
Moved from
Moved to




Seattle, Wash.
Bremerton, Wash.
331 Pacific Avenue
607 Pacific Avenue
Burlington, Wash,
701 Fairhaven Avenue
230 Fairhaven Avenue

\

National

3-31-58

2-17-58

- 12 •

. Name and location of banks and branches

Class
of bank

Date of
change

Changes in name or location of branches - (Cont*d)
First Wisconsin National Bank
North Avenue Branch
Moved from
Moved to
and renamed —
Capitol Court Office

Milwaukee, Wis,,
National
Milwaukee, Wis,
3512 West North Avenue
5500 West Capitol Drive

3-13-58

Banking facilities established at military and other Government
establishments through arrangements made by Treasury Department
First National Bank
United States Naval Air Station
Facility

Brunswick, Ga,
National
Glynco, Brunswick, Ga.
Glynn County

3-24-58

First National Bank
Veterans Administration Hospital
Facility

Lebanon, Pa,
Lebanon, Pa,.
Lebanon County

3-12-58




National