The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
F.R.CONFIDENTIAL * -- " LKVaX THIS COMPILATION" IS DERIVED LARGELY FROM SECONDARY SOURCESt HEPO"J OF CHAITGES 5K TS£ BAK2I1TG STRUCTURE. H0T AN 0FFICIAL BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM April 18, 195 L A . 5^ 0 1955 FED5«v* ^CHMGESi .13 STATUS OF BANKS AND BRANCHES AS REPORTED DURING MARCH 1955 Class of bank Name and location of banks and branches Date o: chanfe*. New banks (except successions and conversions) Morrilton Security Bank Morrilton, Ark. Conway County Ins.non. Pacific State Bank Hawthorne, Calif. Los Angeles County Member North Park State Bank Walden, Colo. Jackson County Ins.non. Industrial & Savings Bank Pensacola, Fla. Escambia County Ins.non. Community Bank East Peoria, 111. Tazewell County Ins.non. 3 Shreveport Bank & Trust Co. Shreveport, La. Caddo County Ins.non. 3-23-si":'' St. Clair Shores National Bank St. Clair Shores, Mich. Macomb County National 3-30-55- J Park-Plaza State Bank St. Louis Park, Minn. Hennepin County Ins.non. 3-21-55 Hopkins State Bank Hopkins, Mo. Nodaway County Ins.non. 3- 5-5,, Ins.non. 3- 3-551,! 8 8 " j t " " f 2 1 < - Voluntary liquidations (except incident to absorptions, successions, etc.) Black Wolf State Bank Black Wolf, Kans. % and location of banks and branches Class of bank Date of change Ins.non. 3-16-55 Consolidations, absorptions, etc. Indian Valley Bank Absorbed by — First Western Bank & Trust Co Greenville, Calif. California Trust Co. First National Bank California Bank Merged under charter and title of -California Bank Los Angeles, Calif. Pomona, Calif. Los Angeles, Calif. County First National Bank County First Savings Bank Merged under charter of County First Savings Bank and title of -County Bank of Santa Cruz Santa Cruz, Calif. Santa Cruz, Calif. New Castle Trust Co. Wilmington Trust Co. Merged under charter and title of — Wilmington Trust Co. New Castle, Del. Wilmington, Del. Kent State Savings Bank Absorbed by — First National Bank Kent, Iowa San Francisco, Calif. Los Angeles, Calif. Santa Cruz, Calif. Wilmington, Del. Creston, Iowa Commercial & Savings Bank Absorbed by -Jackson City Bank & Trust Co. (See also, Changes in name or location of banks I) Albion, Mich. Community Trust Co. Absorbed by — National Newark & Essex Banking Co. Bloomfield, N. J. Jackson, Mich. Newark, N. J. Baldwin, N. Y. Baldwin National Bank & Trust Co. Baldwin, N. Y. Peoples State Bank Freeport, N. Y, Meadow Brook National Bank Consolidated under charter and title of — Freeport, N. Y. Meadow Brook National Bank Ins.non. Member National Member 3- 7-55 Member National Ins.non. 3- 1-55 Ins.non. Ins.non. Member 3-11-55 Member Ins.non. 3-26-55 National Member 3- 2-55 Member Member 3-21-55 National National Member National National 3- 7-55 Name and location of banks and branches Class of bank Date of £ change K National National 3- 7-55 ^ National 4 Consolidations, absorptions, etc. (Cont'd) Babylon, N. Y. Babylon National Bank & Trust Co. First Suffolk National Bank Huntington, N. Y. Consolidated under charter and title of -First Suffolk National Bank , Huntington, N. Y. Franklin National Bank Franklin Square, N. Y. x National National First National Bank Glen Cove, N. Y. National First National Bank Mineola, N. Y. Roslyn National Bank & Trust Co. Roslyn, N. Y. National Consolidated under charter and title of -Franklin National Bank Franklin Square, N. Y. National 3-28-55 Bronx County Trust Co. Absorbed by — Bank of the Manhattan Co. New York, N. Y. 3-21-55 'jf First National Bank National City Bank Merged under charter of National City Bank and title of — First National City Bank New York, N. Y. New York, N. Y. 3-30-55 •¥> Manufacturers National Bank Hamilton County National Bank Merged under charter and title of -Manufacturers National Bank Troy, N. Y. Wells, N. Y. Willamette Valley Bank Absorbed by — United States National Bank Salem, Ore. Citizens Trust Co. First National Bank Absorbed by — First Seneca Bank & Trust Co. Clarion, Pa. Shippenville, Pa. New York, N. Y. # Member National National I 1 New York, N. Y. Troy, N. Y. Portland, Ore. X National National National 3- 1-55 | 3-14-55 , ;i National Ins.non. National Ins.non. National 3-28-55 East Petersburg State Bank East Petersburg, Pa. Fulton National Bank Lancaster, Pa. Consolidated under charter and title of — Fulton National Bank Lancaster, Pa. | 4. 4 Oil City, Pa. State Bank of Dravosburg Dravosburg, Pa. McKeesport, Pa. First National Bank Consolidated under charter and title of — McKeesport, Pa. First National Bank Member (j Ins.non. National 3-28-55 National Member National National 3-25-55 % - 4 - Name and location of banks and "branches Class of bank Date of change National 3-21-55 Consolidations, absorptions, etc. (Cont'd) Clarion County National Bank Absorbed by — Oil City National Bank Knox, Pa. Oil City, Pa. National Windham National Bank Bellows Falls, Vt. National Bank of Chester Chester, Vt. Consolidated under charter and title of — Windham National Bank Bellows Falls, Vt. National National Glenville Banking & Trust Co. Absorbed by — Kanawha Union Bank Ins.non. Glenville, W. Va. Glenville, W. Va. Pacific National Bank Seattle, Wash. University National Bank Seattle, Wash. Consolidated under charter and title of — Pacific National Bank Seattle, Wash. 3- 7-55 National 3-28-55 Ins.non. National National 3- 1-55 National Admissions of State banks to Federal Reserve Membership Bank of Crestview Crestview, Fla. Ins.non. 3- 1-55 Withdrawal of State banks from Federal Reserve Membership Insurance continued 3-30-55 San Francisco, Calif. National 3- 1-55 Bank of Commerce & Savings Name changed to -Bank of Commerce Washington, D. C. Ins.non. 3- 1-55 Industrial Bank Name changed to — Industrial Savings Bank Tallahassee, Fla. Ins.non. 3-14-55 Peoples Bank Name changed to — Pikesville-Peoples Bank Pikesville, Md. Richmond County Bank Rockingham, N. C. Changes in name or location of banks The Anglo California National Bank of San Francisco Name changed to — Anglo California National Bank 1-12-55 5 Class of b«nk Name and location of banks and branches Date of change Changes in name or location of banks (Cont'd) Jackson City Bank & Trust Co. Name changed to -City Bank & Trust Co. Jackson, Mich. Member 3- 2-55 Montana National Bank Name changed to — First National Bank Billings, Mont. National 3-22-55 Branches established de novo (includes branches at military and other Government establishments) First National Bank Cloverdale Branch 4l6 Cloverdale Road Montgomery, Ala. Montgomery, Ala. Montgomery County National First National Trust & Savings Bank North Park Drive-In Branch 2902 Wightman Street San Diego, Calif. San Diego, Calif. San Diego County National San Francisco, Calif. Norwalk, Calif Los Angeles County National First Western Bank & Trust Co. Chico Office 321-325 Main Street San Francisco, Calif. Chico, Calif. Butte County Ins.non. First National Bank Santa Clara Office 2079 El Camino Real San Jose, Calif. Santa Clara, Calif. Santa Clara County National Farmers National Bank Installment Loan Department Branch 18 East Pike Street Cynthiana, Ky. Cynthiana, Ky. Harrison County National Bank of Commerce Lafayette Branch 1974 Harrodsburg Road Lexington, Ky. Lexington, Ky. Fayette County Member First National Bank & Trust Co. Southland Branch 4l6 Southland Lexington, Ky. Lexington, Ky. Fayette County National . Bank of America, N.T. & S.A. Norvalk Square Branch 139P5 Pioneer Boulevard 3-16-55 > 3-14-55 3-14-55 3-21-55 t 3- 1-55 '4 12-28-54 § 3-21-55 3-18-55 - 6 - 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) Owensboro National Bank Whitesville Branch Owensboro, Ky. Whitesville, Ky. Daviess County National First & Farmers National Bank Burnside Branch Somerset, Ky. Burnside, Ky. Pulaski County National First National Bank Kenmore Office 560 Commonwealth Avenue Boston, Mass. Boston, Mass. Suffolk County Union Bank of Michigan Godwin Heights Office 3238 S. Division Avenue Grand Rapids, Mich. Godwin Heights, Mich. Kent County Member First National Bank Dryden Branch Lapeer, Mich. Dryden, Mich. Lapeer County National Security State Bank Sturgis Branch Starkville, Miss. Sturgis, Miss. ' Oktibbeha County Ins.non. First National Bank Fifteenth & Charleston Branch 1501 East Charleston Blvd. Reno, Nev. Las Vegas, Nev. Clark County National Bergenfield National Bank & Trust Co. Foster Village Office 415 South Washington Avenue Bergenfield, N. J. Bergenfield, N. J. Bergen County National First National Bank Edison Office 267-269 Plainfield Avenue Highland Park, N. J. Nixon, N. J. Middlesex County National Meadow Brook National Bank East Meadow Branch 2037-39 Hempstead Turnpike Freeport, N. Y. East Meadow, N. Y. Nassau County National First National Bank & Trust Co. Germantown Branch Hudson, N. Y. Germantown, N. Y. Columbia County National 3- 1-55 3-23-55 National 3-15-55 1 3-11-5,5 3-12-55 3- 7-55 3-21-55 3-28-55 3-28-55 3-12-55 3-21-55 - 7 - Name and location of banks and branches Class of bank Date of i change t Branches established de novo (Cont'd) (Includes branches at military and other Government establishments) City Bank Farmers Trust Co. No. 2 Wall Street Office 2 Wall Street New York, N. Y. New York, N. Y. New York County Member New York Trust Co. 42nd Street Branch205 East 42nd Street New York, N. Y. New York, N. Y. New York County Member Farmers Savings & Trust Co. Marion Avenue Branch 406 Marion Avenue Mansfield, Ohio Mansfield, Ohio Richland County Member State Bank Company Towne Plaza Branch Federal Ave. & Weirich Blvd. N. W. Massillon, Ohio Massillon, Ohio Stark County Ins.non. Van Wert National Bank Ohio City Branch Van Wert, Ohio Ohio City, Ohio Van Wert County National Ambler National Bank Whitemarsh Valley Branch Wissahickon Ave. & Bethlehem Pike Ambler, Pa. Flourtown, Pa. Montgomery County National National Bank of Narberth Wynnewood Branch 18 East Wynnewood Road Narberth, Pa. Wynnewood, Pa. Montgomery County National Beneficial Saving Fund Society South l6th Street Branch 9 South l6th Street Philadelphia, Pa. Philadelphia, Pa. Philadelphia County Ins.non. Wyoming National Bank Back Mountain Office 415 State Highway Wilkes-Barre, Pa. Shavertown, Pa. Luzerne County National Hamilton National Bank Radio Center Drive-In Branch 822 South Cumberland St. Morristown, Term. Morristown, Tenn. Hamblen County National Seaboard Citizens National Bank Wards Corner Branch 129 West Sewells Point Road Norfolk, Va. Norfolk, Va. Independent City National 3-31-55 f 3-14-55 >: 3-28-55 ! A 1 2-26-55 3- 1-55 3- 1-55 .,,1 3-30- 3-30-55 i 3-16-55 "X 3-28-55 3-29-55 I I \ Name and location of banks and branches Class of bank Date of change Branches established de novo (Cont'd) (Includes branches at military and other Government establishments) Pulaski National Bank Fairlawn Branch Pulaski, Va. Fairlawn, Va. Pulaski County National Seattle-First National Bank University Branch 4501 Brooklyn Avenue Seattle, Wash. Seattle, Wash. King County National 3-11-55 3-28-55 Banks converted into branches (See also Consolidations, absorptions, etc.) California Bank First of Pomona Office 301 W. Second Street (Formerly First National Bank) Los Angeles, Calif. Pomona, Calif. Los Angeles County 3- 7-55 First Western Bank & Trust Co. Indian Valley Office 115 Crescent Street (Formerly Indian Valley Bank) San Francisco, Calif. Greenville, Calif. Plumas County 3-16-55 Wilmington Trust Co. New Castle Branch (Formerly New Castle Trust Co.) Wilmington, Del. New Castle, Del. New Castle County City Bank & Trust Co. Albion Branch 207 South Superior Street (Formerly Commercial & Savings Bank) Jackson, Mich. Albion, Mich. . Calhoun County National Newark & Essex Banking Co. Community Office 424 Broad Street (Formerly Community Trust Co.) Newark, N. J. Bloomfield, N. J. Essex County National Franklin National Bank Glen Cove Office 23 Glen Cove Avenue (Formerly First National Bank) Franklin Square, N. Y. Glen Cove, N. Y. Nassau County National Member 3-11-55 3- 2-55 3-21-55 3-28-55 Minneola Office 75 Main Street (Formerly First National Bank) Minneola*, N. Y. Nassau County 3-28-55 Roslyn Office Northern Blvd. & Willis Ave. (Formerly Roslyn National Bank & Trust Co.) Roslyn, N. Y. Nassau County 3-28-55 - 9 - Name and location of banks and branches Class of bank Date of change Banks converted Into branches (Cont'd) (See also Consolidations, absorptions, etc.) Meadow Brook National Bank Baldwin Office Merrick Road & Grand Avenue (Formerly Baldwin National Bank & Trust Co.) Central Baldwin Office Sunrise Highway & Grand Ave. (Formerly Peoples State Bank) Freeport, N. Y. Baldwin, N. Y. Nassau County National 3- 7-55 Baldwin, N. Y. Nassau County 3- 7-55 First Suffolk National Bank Babylon Office 31 West Main Street (Formerly Babylon National Bank & Trust Co.) Huntington, N. Y. Babylon, N. Y. Suffolk County National Bank of the Manhattan Co. Melrose Branch 2804 Third Avenue (Formerly Bronx County Trust Co.) New York, N. Y. New York, N. Y. Bronx County Member First National City Bank 2 Wall Street Branch 2 Wall Street (Formerly First National Bank) New York, N. Y. New York, N. Y. New York County National Manufacturers National Bank Hamilton County Office Main Street (Formerly Hamilton County National Bank) Troy, N. Y. Wells, N. Y. Hamilton County National United States National Bank North Salem Branch 1990 Fair Grounds Road (Formerly Willamette Valley Bank) Portland, Ore. Salem, Ore. Polk County National Fulton National Bank East Petersburg Branch Main & State Streets (Formerly East Petersburg State Bank) Lancaster, Pa. East Petersburg, Pa. Lancaster County National 3- 7-55 3-21-55 3-30-55 3- 1-55 3-14-55 l c1' h' 3-25-55 - 10 Class of bank Name and location of banks and branches Date of change Banks converted into branches (Cont'd) (See also Consolidations, absorptions, etc.) First National Bank Dravosburg Branch Maple Ave. & Elizabeth Road (Formerly State Bank of Dravosburg) KcKeesport, Pa. Dravosburg, Pa. Allegheny County 3-28-55 First Seneca Bank & Trust Co. Clarion Branch 525 Main Street (Formerly Citizens Trust Co.) Oil City, Pa. Clarion, Pa. Clarion County 3-28-55 Shippenville Branch (Formerly First National Bank) Shippenville, Pa. Clarion County 3-28-55 Oil City National Bank Knox Branch (Formerly Clarion County National Bank) Oil City, Pa. Knox, Pa. Clarion County National Windham National Bank Chester Office Main Street (Formerly National Bank of Chester) Bellows Falls, Vt. Chester, Vt. Windsor County National Pacific National Bank University Branch 4500 University Way (Formerly University National Bank) Seattle, Wash. Seattle, Wash. King County National 3-21-55 3- 7-55 3- 1-55 Branches acquired by absorption or purchase California Bank Acquired through merger and will operate the 2 branches formerly operated by First National Bank, Pomona. Los Angeles, Calif. Member 3- 7-55 Meadow Brook National Bank Acquired through consolidation and will operate the branch at South Hempstead, N. Y., formerly operated by Peoples State Bank, Baldwin. Freeport, N. Y. National 3- 7-55 - 1 1 - Name and location of banks and branches Class of bank Date of change Branches acquired by absorption or purchase (Cont'd) Bank of the Manhattan Co. Acquired through absorption and will operate the 8 branches formerlyoperated by Bronx County Trust Co. New York, N. Y. Member 3-21-55 United States National Bank Portland, Ore. Acquired through absorption and will operate the branch at Salem, Oregon, formerly operated by Willamette Valley Bank, Salem. National 3-14-55 Pacific National Bank Acquired through consolidation and will operate the branch at Seattle, Washington, formerly operated by University National Bank. National 3- 1-55 Seattle, Wash. Branches discontinued Chase National Bank Importers and Traders Branch Business of this branch merged into Worth Street Branch, 335 Broadway at Worth Street, which moved to 40 Worth Street. New York, N. Y. 40 Worth Street National South Carolina National Bank Jackson Branch Charleston, S. C. Jackson, S. C. National 3-14-55 3-31-55 Changes in name or location of branches Security-First National Bank Panorama City Branch Moved from Moved to Los Angeles,- Calif. First National Bank of San Mateo County East Palo Alto Office Moved from Moved to Redwood City, Calif. National East Palo Alto, Calif. 1944 University Ave. 1935 University Ave. First National Trust & Savings Bank 30th and University Branch Name changed to North Park Branch San Diego, Calif. 2927 University Ave. National 3- 4-55 8516 Van Nuys Blvd. 85^8 Van Nuys Blvd. 3- 7-55 National 3-10-55 - 12 - Class of bank Name and location of banks and branches Date of change Changes In name or location of branches (Cont'd) Bank of America, N.T. & S.A. * Chowchilla Branch Changed from Changed to San Francisco, Calif. Chowchilla, Calif. 312 Robertson Blvd. 318 Robertson Blvd. National 3-21-55 Concord Branch Moved from Moved to Concord, Calif. 2090 Salvio Street 2118 Willow Pass Road 3- .7-55 Florence Branch Name changed to — Florence-Holmes Branch 1801 East Florence Ave. Los Angeles, Calif. 3-30-55 Madera Branch Moved from Moved to Madera, Calif. 234 East Yosemite Ave. 428 East Yosemite Ave. 3-21-55 Yreka Branch Moved from Moved to Yreka, Calif. 218 Miner Street 200 South Broadway 3- 7-55 Gary National Bank Glen Park Branch Moved from Moved to Gary, Ind. Western Maryland Trust Co. North End Branch Moved from Frederick, Md. Camp Detrick, Md. Field House at Camp Detrick West ?th St. & Military Road, Frederick, Md. Moved to National 3804 Broadway 3680 Broadway Bank of Maryland Coral Hills Branch Moved from Moved to Seat Pleasant, Md. Ins.non. Coral Hills, Md. 4429 Southern Avenue 4743 Marlboro Pike First Suffolk National Bank East Northport Office Moved from Moved to Huntington, N. Y. East Northport 160 Larkfield Road 271 Larkfield Road 3- 7-55 3-23-55 1-17-55 12-13-54 * This change is due to a new numbering system and does not represent any change in the actual location. - 13 Class of bank Date of change First National Bank Hillsboro Branch Moved from Moved to Portland, Ore. National Hillsboro, Ore. 276 East Main Street 350 East Main Street 3- 5-55 United States National Bank * West Slope Branch Changed from Changed to Portland, Ore. National West Slope, Ore. 8848 S. W. Canyon Road 8680 S. W. Canyon Road (P. 0. Box Wl, West Slope, Portland) Hamilton National Bank Brainerd Branch Moved from Moved to Chattanooga, Tenn. Name and location of banks and "branches Changes in name or location of branches (Cont'd) 3-22-55 National 3-28-55 3200 Brainerd Road 3602 Brainerd Road Banking facilities established at military and other Government establishments through arrangements made by Treasury Department Farmers Bank Dover Air Force Base Facility Dover, Del. Dover Air Force Base, Del. Kent County Ins.non. Peoples National Bank Sedalia Air Force Base Facility Warrensburg, Mo. Sedalia Air Force Base, Mo. Johnson County National First National Bank of S. C. Charleston Air Force Base Facility Columbia, S. Charleston Base, S. Charleston National C. Air Force C. County 3-21-55 3- 7-55 3-29-55 Facility discontinued Peoples First National Bank & Trust Co. Atomic Energy Project Paducah, Ky. Paducah, Ky. 1- 3-55 * This change is due to renumbering of streets and does not represent any change in the actual location.