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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