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fIr; CONFIDENTIAL L.U.5 BOARD OF GOVPiftTORG OF THE FEDERAL RESERVE-SYSTEM T H I S COMPILATION I S DERIVED LARGELY FROM SECONDARY SOURCES. A p r i l 1 9 , 1 9 5 6 NOT All OFFICIAL IEPOKT C? CIIAl:C:S IX THE EAUKI1IG STRUCTURE. CHANGES IN STATUS OF BAMS AND BRANCHES AS REPORTED DURING MALCH 1956 Name and location of banks and branches Class of bank Date of change New banks (except successions and conversions) Pulaski Heights Bank Little Rock, Ark. Pulaski County Ins.non. 3-17-56 State Center Bank Fresno, Calif. Fresno County Ins.non. 3-15-56 University Hills Bank Denver, Colo. Denver County Ins.non. 3-10-56 First Bank of Boca Raton Boca Raton, Fla. Palm Beach County Ins.non. 3- 8-56 Exchange Bank Palatka, Fla. Putnam County Ins.non. 3- 7-56 Lake County State Bank East Gary, Ind. Lake County Ins.non. 3-19-56 Liberty Savings Bank Mayfield, Ky. Graves County Ins.non. 3- 9-56 Center Bank Omaha, Nebr. Douglas County Ins.non. 3-28-56 North Madison Banking Co. North Madison, Ohio Lake County Ins.non. 3-15-56 Glenmede Trust Co. Philadelphia, Pa. Nonins. Philadelphia County 3-27-56 League City State Bank League City, Texas Galveston County Ins.non. 3-15-56 American Bank of Commerce Odessa, Texas Ector County Ins.non. 3-16-56 — 2 — Name and location of banks and branches Class of bank Date of change Successions and conversions 'Central Valley Bank of California Converted to — Central Valley National Bank Florida Bank & Trust Co. Converted to — First National Bank- Richmond, C a l i f . Member Oakland, C a l i f . National Winter Park, Fla. Ins.non. Winter Park, Fla. 3- 1-56 3- 1-56 National Consolidations , absorptions, e t c . Southern Commercial Savings Bank F i r s t Western Bank & Trust Co. Merged under charter and t i t l e of — First Western Bank & Trust Co. East Pasadena, C a l i f . Member San Francisco, C a l i f . Ins.non. San Francisco, Calif. Ins.non. F i r s t National Bank Absorbed by — Idaho First National Bank Cottonwood, Idaho National Boise, Idaho National Citizens Bank Absorbed by — Bank of Alexandria Cold Spring, Ky. Ins.non. Stanford State Bank Absorbed by — Lincoln County National Bank Stanford, Ky. Alexandria, Ky. Stanford, Ky. Citizens Trust Co. . County Bank & Trust Co. Merged under charter and t i t l e of County Bank & Trust Co. Paterson, N. J. Paterson, N. J. Adam, Keldrum & .Anderson State Bank Manufacturers k Traders Trust Co. Merged under charter and t i t l e of Manufacturers & Traders Trust Co. Buffalo, M. Y. Buffalo, N y . Carthage National Exchange Bank Northern new York Trust Co. Merged under charter and t i t l e of Northern New York Trust Co. Carthage, N . Y . Water town, N. Y. F i r s t National Bank Absorbed by — - F i r s t Trust <k Deposit Co. !/eedsport, N. Y. 3- 5-56 3-19-56 2- 9-56 Ins.non. Ins.non. 3-19-56 N ational Ins.non. Ins.non. 3-12-56 Ins.non. Member 3- 8-56 Paterson, N. J. Buffalo, N. Y. Latertown, N. Y. Syracuse, N. Y. Member National Member 3- 5-56 Member National Member 3-19-56 Name and location of banks and branches Class of bank Date of change Ins.non. Member 3- 1-56 Consolidations, absorptions, e t c . (Cont'd) City Industrial & Savings Bank Wachovia Bank & Trust Co. Merged under charter and t i t l e of -Wachovia Bank & Trust Co. Greensboro, N. C. Winston-Salem, N. C. DaupMn Deposit Trust Co. Pehbrook Banking Co. Merged under charter and t i t l e of - Dauphin Deposit Trust Co. Harrisburg, Pa. Penbrook, Pa. F i r s t Pennsylvania Banking & Trust Co. Wayne T i t l e & Trust Co. Merged under charter and t i t l e of - F i r s t Pennsylvania Banking & Trust Co, Philadelphia, Pa. Wayne, Pa. City National Bank F i r s t National Bank Consolidated under charter of City National Bank and t i t l e of • F i r s t City National Bank Houston, Texas Houston, Texas Marysville State Bank Absorbed by — F i r s t National Bank Marysville, Wash. Ins.non. Everett, Wash National Vashon State Bank Absorbed by - Peoples National Bank of Washington Vashon, Wash. Winston-Salem, N. C.Member Harrisburg, Pa. Philadelphia, Pa. Houston, Texas S e a t t l e , Wash. Member Ins.non. 3-29-56 Member Member Ins.non. 3-12-56 Member National National 3-31-56 National Ins.non. National 3-12-56 3- 1-56 Name and locations of banks and branches Class of bank Date of change Admission of State bank to Federal Reserve Membership East Side State Bank Wichita, Kans. Ins.non. 3-13-56 Withdrawal of State bank from Federal Reserve Membership Farmers & Merchants State Bank Shamrock, Texas Insurance continued 3-30-56 Changes in name or location of banks State Bank of Le Sueur Name changed t o - Valley State Bank Le Sueur, Minn. Ins.non. 3- 9-56 Union National Bank Name changed to -Northwestern National Bank Rochester, Minn. National 3- 1-56 La Crosse, Wis. National 3-15-56 National Bank of La Crosse Name changed to — First National Bank . Holton Street State Bank Name changed to — Holton State Bank Milwaukee, Wis, Ins.non. 3- 1-56 Waukesha National Bank Name changed to — First National Bank Waukesha, Wis. National 3-13-56 - 5Name and location of banks and branches Date of change Class of bank Branches established de, novo (Includes branches at military and other Government establishments) First National Bank Northport Branch Tuscaloosa, Ala. Northport, 'XIa. Tuscaloosa County National Southern Arizona Bank ?t Trust Co. Nogales Branch Tuscon, Ariz. Nogales, Ariz. Santa Cruz County Member Valley National Bank Show Low Office Phoenix, Ariz. Show Low, Ariz. Navajo County National Central Valley National Bank Richmond Office Sixth Street 2e Macdonald Avenue (Former location of Central Valley Bank of California, which moved to Oakland at the time i t converted to a national bank.) Oakland, C a l i f . National Richmond, Calif. Contra Costa County Bank of America, M. T. St S. A. Arden-Morse Branch 3111 Arden "ay San Francisco, Calif. National Unincorporated area of Sacramento County, Calif. (P. 0. Sacramento) First Uestern Bank 3c Trust Co. T .'estlake Office 30 T.'estlake Court San Francisco, C a l i f . Ins.non. Daly City, Calif. San Mateo County Hillsdale Office 66 - 31st Avenue San Mateo, Calif. San iiateo County National First Security Bank of Idaho, N. A. East Side Branch 1210 North Yellowstone Highway National 3-19-56 3- 5-56 3- 1-56 3- 1-56 3- 5-56 3-19-56 Connecticut National Bank Bridgeport, Conn. Orange Office Orange, Conn. Post Road, corner of Orange Center Road New Haven County Boise, Idaho Idaho Falls, Idaho Booneville County 3-19-56 3-15-56 3-^-56 - 6 - 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) First National Bank Osburn Office Wallace, Idaho Osburn, Idaho Shoshone County National Citizens Banking Co. Edg ex-rood Branch 3629 Nichol Avenue Anderson, Ind. Edgewood, Ind. Madison County (P. 0. Anderson) Member Citizens National Bank >/est Side Branch 2300 ""est Franklin Street Evansville, Ind. National Evansville, Ind. Vanderburgh County 3-19-56 Peoples Trust .& Savings Bank Southgate Plaza Branch 20 it-206 Pettit Avenue Fort Wayne, Ind. Fort Vayne, Ind. Allen County Ins.non. 3-16-56 Indiana National Bank Meridian and 20th Street Branch 2011 North Meridian Street Indianapolis, Ind. Indianapolis, Ind. Marion County National Hibernia National Bank Gentilly Drive-In Office U219 Slysian Fields Avenue New Orleans, La. New Orleans, La. Orleans County National Louisiana Bank k Trust Co. Mid-City Branch 1852 Texas Avenue Shreveport, La. Shreveport, La. Caddo County Ins.non. Equitable Trust Co. I.oodlawn Office 2101'Gwynn Oak Avenue Baltimore, Md. Baltimore, Md. Independent City Ins.non. Fidelity-Baltimore National Bank & Trust Co. Essex Drive-In Branch 5 South Taylor Avenue First National Bank Republic Branch 3- 5-56 3- 9-56 3-12-56 3-12-56 3-19-56 3- 1-56 Baltimore, Md. Essex, Md. Baltimore County ( P . O . Baltimore) 2-27-56 Negaunee, Mich. Republic, Mich. Marquette County 3" 8-56 - 7 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) Greater Mev York Savings Bank Park Slope Office 8l5 President Street Brooklyn, N. Y. Brooklyn, N. Y. Brooklyn County Ins.non. County Trust Co. Pecksld.ll Drive-in Office 1705 Main Street White Plains, N . Y . Peekskill, N. Y. Westchester County 3-U-56 Chardon Savings Bank Co. West Branch Chardon Shopping Center Water Street Chardon, Ohio Chardon, Ohio Geauga County 3™ 3-56 Croghan Colonial Bank West Side Branch l.SOl West State Street Fremont, Ohio Fremont, Ohio Sandusky County Girard Trust Corn Exchange Bank Suburban Station Branch Suburban Station Building 17th & Pennsylvania Blvd. Philadelphia, Pa. Member Philadelphia, Pa. Philadelphia County Drovers k Mechanics National Bank Northwest Office York, Pa. National West Manchester Township, Pa. York County (p. 0. Roosevelt Ave. Extended York R. D. Pa.) Everett Trust & Savings Bank Broadway Branch 1801 Broadway Everett, Wash. Everett, Wash. Snohomish County Member Ins.non. 3-23-56 3-12-56 3-26-56 3-19-56 3- 5-56 Banks converted into branches (See also Consolidations, absorptions, etc.) First Western Bank & Trust Co. Colorado-Eosemead Office 30 South Rosemead Avenue (Formerly Southern Commercial & Savings Bank) San Francisco, Calif. Ins.non. East Pasadena, Calif. Los Angeles County 3- 5-56 Name and location of banks and branches Class J Date of of bank I change Banks converted into branches (Cont'd) (See also Consolidations, absorptions, e t c . ) Idaho-First National Bank Cottonwood Branch (Formerly First National Bank) Boise, Idaho Cottonwood, Idaho Idaho County National Bank of AlexandriaCold Spring Branch (Formerly Citizens Bank) .Alexandria, Ky. Cold Spring, Ky. Campbell County Ins.non. County Bank St Trust Co. Citizens Office IJ4O iiarket Street (Formerly Citizens Trust Co.) Paterson, N. J. Paterson, M . J . Passaic County Ins.non. Manufacturers i Traders Trust Co. A. rl. and %. Office 209 Pearl Street (Formerly Addm, Heldrum 'k Anderson State Bank Buffalo, N. Y. Buffalo, N. Y. Erie County Member First Trust & Deposit Co. Weedsport Office (Formerly First National Bank) Syracuse, N. Y. Weedsport, N. Y. Cayuga County Member Northern New York Trust Co. Carthage Office (Formerly Carthage National Exchange Bank) Water town, N. Y. Carthage, N . Y . Jefferson County Member Wachovia Bank & Trust Co. Winston-Salem, N. C. Greensboro Offic Gresnsboro, N. C. (Formerly City Industrial <k Savings Bank) Guilford County Member Dauphin Deposit Trust Co. Penbrook Branch . 2551 Walnut Street (Formerly Penbrook Banking Co.) Harrisburg, Pa. Penbrook, Pa. Dauphin County Member First Pennsylvania Banking & Trust Co. Wayne Office S. W. Corner Lancaster Ave. and S. Wayne /ve. (Formerly Wayne Title & Trust Co.) Philadelphia, Pa. Wayne, Pa. Member Delaware County 3-19-56 2- 9-56 3-12-56 3- 8-56 3-19-56 3- 5-56 3- 1-56 3-29-56 3-12-56 - 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.) First National Bank Marysville Branch (Formerly Marysville State Bank) Everett, Wash. Marysville, Wash. Snohomish County National Peoples National Bank of Washington Vashon Island Branch (Formerly Vashon State Bank) Seattle, Wash. Vashon, Wash. King County National 3-12-56 3- 1-56 .Branches acquired by consolidation, absorption, etc. Central Valley National Bank Acquired through conversion and w i l l operate the ten branches formerly operated by Central Valley Bank of «California, Richmond, one in Alameda, Marin and Fresno Counties, three in Contra Costa and two in San Joaquin and Stanislaus. Oakland, Calif. Nati First \estern Bank & Trust Co. San Francisco, Calif. Ins.non. Acquired through merger and will operate the branch formerly operated by Southern Commercial & Savings Bank, East Pasadena, in Los Angeles County. Lincoln County National Bank Acquired through absorption and w i l l operate the branch formerly operated by Stanford State Bank, Stanford, in Lincoln County. Stanford, Ky. County Bank & Trust Co. Acquired through merger and w i l l operate the branch formerly operated by Citizens Trust Co., Paterson, in Passaic County. Paterson, N. J. Ins.non. First Pennsylvania Banking & Trust Co. Acquired through merger and will operate the branch formerly operated by Wayne T i t l e Sc Trust Co., liayne, in Delaware County Philadelphia, Pa. Member National 3- 1-56 3- 5-56 3-19-56 3-12-56 3-12-56 Name and location of banks and branches Class of bank Date of change Branches discontinued Primghar Savings Bank Gaza Branch Primghar, Iowa Gaza, Iowa Ins.non. Lowell Institution for Savings Westford Branch Lowell, Mass. Westford, Mass. Nonins. Commercial National Bank Poplar Street Branch Office National Greenville, Miss. llil-lJjJ South Poplar Street 1- 3-56 Long Island Trust Co. Limited Branch Garden City, N. Y. Member 100 Seventh Avenue 3- 1-56 Manufacturers Trust Co. Harbor State Office Business of this branch handled temporarily by University Place Office, 32 University Place. New York, N. Y. It 5 Fourth Avenue Member 3-30-56 National Bank of Potts town Iron Branch Potts town, Pa. 229 High Street National 3- 1-56 12-16-55 10-21-55 Changes in name or location of branches Southwest Bank -^-Crenshaw-Imperial Branch Chanc ed from Changed to United States National Bank Lemon Grove Offic. Moved from Moved to . Inglewood, Calif. Member 11305 South Crenshaw Blvd. Unincorporated area of Los Angeles 11305 South Crenshaw Blvd. Inglewood, Calif. San Diego, Calif. National Lemon Grove, Calif. 79014 Broadway 7859 Broadway 1-23-56 3-13-56 * This change i s due to the territory in which this branch i s located being annexed to the c i t y of Inglewood and does not represent any change in the actual location. -11- 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. Chula Vista Branch Moved from Moved to San Francisco, Calif. National Chula Vista, Calif. 255 Third Avenue 295 E Street 3- 5-56 lies tern - 8?th Branch Moved from Los Angeles, Calif. 8?07 South Western Avenue 8701 South Western Avenue 3-19-56 California-Broadway Branch Moved from Moved to Redwood City, Calif. 2601 Broadway 110 California Street 3- 5-56 Linda Vista Branch Moved from San Diego, Calif. 2225 Linda Vista Plaza 23bl Ulric Street 3-12-56 Washington Center District (Los Angeles County) 8021 South Broadway 11210 Washington Blvd. (P. 0. Whittier) 3- 5-56 Moved to Washington Center Branch Moved from Moved to Fidelity National Bank Delmont Village Branch Moved from Moved to Florida Street Branch Moved from Moved to Progressive Bank & Trust Co. Broadmoor Branch Moved from Moved to Baton Rouge, La. National 5151 Plank Road 5175 Plank Road 3790 Florida Street 3875 Florida Street New Orleans, La. 3U01 South Broad Street 1231 Broad & Erato Streets Mei 3-29-56 . 3-29-56 2-27-56 - 12 Class of bank Name and location of banks and branches Date of change Changes in name or location of branches (Cont'd) Long Island Trust Co. Stewart Avenue East Office Moved from I loved to and renamed East Garden City Branch Staten Island National Bank Sc. Trust Co. New Dorp Office Moved from Moved to Garden City, N. Y. Member 839 Stewart Avenue Hempstead, N. Y. Clinton Road & Stewart Avenue Garden City, N. Y. Port Richmond, N. Y. National New Dorp, Staten Island, N. Y. ^ 139 New Dorp lane 200 New Dorp Lane Chase Manhattan Bank Union Square Branch Moved from Moved to New York, N. Y. First National Bank First of Belle Vernon Branch Name changed to Belle Vernon Branch McKeesport, Pa. National U33 Broad Avenue North Belle Vernon, Pa. (P.O. Belle Vernon) Fidelity Trust Co. Colonial Branch Moved from Moved to and renamed Trust Branch Industrial National Bank 290 Main Street Office Moved' from Moved to and renamed 261 Main Street Office Member 31 Union Square 200 Fourth Avenue Pittsburgh, Pa. Member I4II4 tiood Street 3b3 Fourth Avenue Providence, R. I . Moonsocket, R. I . 290 Main Street 261 Main Street National 3-12-56 3-12-56 3-26-56 3-23-56 2- 7-56 3- 5-56 -13Class of bank Naine and location of banks and branches Date of change Changes in name or location of branches (Cont'd) Citizens & Southern National Bank of S.C. East Main Street Branch Moved from Moved to 295 East Main Street Drive-In Branch Moved from Moved to and renamed East Main Street Drive-In Branch Charleston, S.C, Spartnaburg, S.C. 295 East Main Street 290 East Main Street Name changed to Woodbine Office 3-26-56 3-26-56 Rear 295 East Main Street Rear 290 East Main Street .Bashville> Term. 2915 Nolensville Road Woodbine, Tenn. Third National Bank Nolcnsville Road Office National National 3-19-56 Banking f a c i l i t i e s established at military and other Government establishments through arrangements made by Treasury Department N ational First National Bank Lincoln Air Force Base Facility Lincoln, Nebr. Lincoln, Nebr. Lancaster County American State Bank Midwest City, Okla. Ins.non. ( P . O . Oklahoma City) Tinker Air Force Base, Okla. Oklahoma County Abilene, Texas National Abilene, Texas Taylor County Tinker Air Force Base Facility Citizens National Bank Abilene Air Force Base FacilityFarmers & Merchants Bank U. S. Naval Hospital Facility Portsmouth, Va. Portsmouth, Va. Independent City Member 2-29-56 2-15-56 3- 5-56 3- 1-56 Facility discontinued First National Bank Red River Arsenal Facility Nen Boston, Texas Texarkana, Texas National 2-10-56